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I am going to keep a sport betting journal over here. Before i start my topic i want to clarify a couple things.

· I do not give betting tips or betting advice
· I am not a tipster or never charge money for my picks.
· Following my bets can result in losses.
· Do not waste time on replying about casino games, house edge or other things not related to sport betting. It has no value in this topic.

· I do giveaways from time to time and share profits with my followers. In order to qualify to receive giveaway prizes or shares of my profits you need to follow me on Twitter. You can find me there as @HLpunter

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The purpose of this topic is to show people that betting on sports is not that easy as some tipsters say. Lot of tipsters just want to drag as much people as possible and charge subscriptions. They claim to be professional tipsters but in the end followers end up loosing money cause of their shitty service.

Theoretically it all looks very easy to make money on sports. You pick some games.... put some money on it ..... hit correct ticket ..... and collect winnings. But the majority of people that bet on sport do not spend a single minute on analysing teams or players they bet on or study historical data. And thats just the most important thing about becoming profitable on sports betting. It only takes 15-30 minutes weekly to enter your bets but it takes hours and hours of analysis to compose those tickets.
Me personally i spend 30-40 hours weekly on composing my tickets and choosing games to bet on.


Very often you read stories about guys that turn 10$ into 25.000$+ in a matter of weeks. Theoretically it is possible but you will need so much luck to reach that. Theoretically you can even turn 10$ into 30k in only 20 bets. If you are capable to hit 20 consecutive 1.5 odd winning bets and you reinvest all your profits then it is possible ..... but like i said Theoretically.

Look at the screenshot below. You can turn 10$ into 30k+ but to be honest you will fail 99% of the times and i do not know someone has the balls to get this until the final bet. I personally would not have the balls to bet my entire bankroll 20 consecutive times. Final bets you would bet a couple 1000$ on a single bet.

https://i.imgur.com/F6bThrU.png


So theoretically everything is possible but in reality it will be more difficult to make some decent money with sport betting.

That is basically it and i am going to keep a journal of all my sport bets (winning as well as loosing bets) , balances on my betting accounts, deposits and withdrawals. I want to be as transparant as possible.


How do i bet?

I bet in several ways. I always believed that spreading your bankrolls over multiple ways of sport betting systems it will pay off in the long run.

· I use value betting software to place bets on games with good value. A good bet does not require high odds... it needs to contain value.
· I bet on singles
· Bet on multiples
· small stake accumulators
· small stake one game bet builders ( multiple selections in the same game)
· Small stake system bets like goliaths, super heinz, lucky31,....
· And i play sport betting jackpots.


During the next months i will keep track of my bets in this topic. I will try to screenshot every bet that i play and i will update screenshots of my balances, deposits and withdrawals once every week.

I will start with a bankroll of approximately 400€ spread over 2 platforms. I place 99% of my bets on Betfair.com and on colossusbets.com. Maybe i will add more platform the following weeks or months but this will be updated in the topic.

Proof of funds

https://i.imgur.com/1pD1N0K.png
https://i.imgur.com/8nwoUil.jpg?1

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So lets see where this 400€ bankroll will lead us.

A small reminder: As i started my topic:

i will regularly do giveaways which will be free tickets, free percentages in my pool bets and even free cash from 1$ up to 100$ depending on my winnings



NOTE!!! There are not requirements, no subscription, no nothing. the only thing you need to do is follow me on twitter and retweet my posts in order to qualify for my regular giveaways.

First bets will be placed tomorrow with a couple boxing day soccer picks and some colossus pool bets!!!! Stay tuned

Your goal will be tough. Needs a serious and well-detailed analyzation and studies as continuous winning is a must.

And I agree that sports betting isn't easy like those so-called tipsters always claim but basically part of advertisement and marketing.

I want this kind of way of sharing winnings, detailed, actually placing money on a sports betting site and not a simple picking random bets.

I will watch this.

This is one amazing journey you are starting. I wish you the best of luck on this.

Of course, count me as one of your cheerers with doubts deep inside. This is one journey that is probably ending on the losing end.

I'll be keeping track of this journal and might even bet with you later on if things go perfectly right.

It certainly is a fun and amazing journey. Ending up with 0.0000 is also a 5 figure. But well we will see where we can get from here. I think the goal is not impossible..... but very hard to achieve and it will take a very long time to achieve.
The only possible way to reach it fast is to be very lucky in the colossus jackpots that I am also going to play. For a very small contribution you can play for weekly guaranteed jackpots starting from 2000€ all the way up to 1.000.000€. Those jackpots are a nice alternate and new way of betting on sports. During my journey I will also give detailed explanations how this works

Will probably follow the thread for your updates. Would be good to see how profitable this will be for you. I have not tried sports-betting. But i am considering trying it one day as it looks interesting.
A good sport-bettor definitely should have access to lots of information for increased chances of winning. Seems like you are the owner of one of the betting sites or are you just promoting it?

Do you think OP is the owner of betfair.com or colossusbets.com?
If he was he wouldn't be worried about how to earn 30k, he would be worried about where to spend that amount, daily ;D

@OP
Good luck with your betting journal. Lets see where your journey takes you.

In theory, we all have a chance to go to the moon. Or one day buying Tesla vehicles. But life doesn't go along with theories. We have seen many different shapes of the table you provided. There were those who claimed that after a while, the number of BTCs it would make 2X, with a 10% daily gain.
These are always in theory ...

I hope you're lucky enough to make these theories real. Because luck is a very important factor.

BTW, "in theory" Bitcoin could be $ 1 million! If you want you can buy just 1 BTC and wait with less risk taking. ;)

nei mate i am not the owner. It would be a dream to be the owner of betfair or colossusbets though. I am just a guy that loves betting on sports. And i am always trying out new things and search for the best ways to become more profitable.
I must admit i am owner of a small betting community but not online. We have a small 'live' group that has meetups on a weekly basis and share analysis of games. We also have a group pool where all our members contributed to and that we use to play group tickets.
But beside that i am not the owner of nothing.

I love to play on Betfair and i am a syndicate captain on colossusbets.

I am even part of this weeks dreamteam on colossusbets that composed this 2000€+ value ticket that is playing for a 800,000€ jackpot

https://www.colossusbets.com/syndicates/join/pool/36818/5000000042955 (https://www.colossusbets.com/syndicates/join/pool/36818/5000000042955)


But i am not promoting anything. That is not the intention of this topic. I am not a guy that is using affiliate programs. Its a waste of time and energy that i can better use in analysing my games. People can join colossusbets and receive a freebet when using my code but i am not sharing it in my posts. Interested people can ask in a private message.

In deed. In theory everything can happen and everyone would be able to become a millionaire. But reality is way different. Thats why i am going to keep this journal here in the forum. In this way newbies can see it isnt that easy to make money with sports betting and majority will fail.
My goal is to reach a 5 figure eventually. But in reality it even is possible i need to reload 250-500€ multiple times before getting on a nice winning streak.

And here we go!!!

As i said in the first post i am going to place all sorts of bets during this journey. So do not only expect single picks all the time. I am a huge fan of accumulators, system bets and jackpot bets as well. So it is going to be a mix of different ways of placing bets.


Jackpot bets

Below you will fint links  of my first jackpot bets during this journey. For those who do not know jackpot betting. You do not play against a bookie or do not fight odds. You just need to predict outcomes of predetermined games and you are playing for a fixed guaranteed prize pool. Just like in a lottery the jackpot is shared with the total amount of winners. So the less winners the larger your cut of the prize pool.
You can play this jackpot pools solo or you can create pool tickets as a captain and allow people to take a share your ticket.

https://www.colossusbets.com/syndicates/join/pool/36776/5000000043004 (https://www.colossusbets.com/syndicates/join/pool/36776/5000000043004)

The above link directs to a ticket that is playing for a 2,000€ + prize pool. Total cost was 64.80€ and i contributed 50% (32.40€) to this ticket. In total 15 other contributed to fill this ticket. I will receive 50% of all winning of this ticket.

https://www.colossusbets.com/syndicates/join/pool/36766/5000000043334 (https://www.colossusbets.com/syndicates/join/pool/36766/5000000043334)

This is a pick 6 correct score ticket that is playing for a 100,000€ jackpot. As you see i contributed 10.8€ (10%) of the total ticket value. This means i will receive 10% of all winnings this ticket makes. If this ticket doesnt get entirely filled by other gamblers than this ticket is playing solo for a 10,000€ jackpot price (10% of 100k).

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System bets
 
I love playing systembets. For those who do not know what system betting is ... it is quit easy. System bets are a type of multiple/accumulator bets. You have different system bets but i personally prefer playing super heinz (7 games) or goliaths (8 games). Most large and well known bookies offer this way of betting and have an automated system.
For example placing a golaith bet means that you need to pick 8 games and the system automatically places every possible 2 -3-4-5-6-7-8 fold combination. this means if you play a 8 game goliath you actually have 247 different running bets

The advantage of playing system bets is that they are a good way to control your bankroll a little better. If you fill in an ordinary 8 game accumulator you need to have all 8 correct in order to win. With a 8 game goliath you already are winning some money back when 2 of your 8 games are correct. By playing system bets it even is possible to close your bet profitable even if you have 1 or 2 and even sometimes 3 incorrect picks depending on the odds you are playing.

Example

Below you see a super heinz system bet. And even with 1 game incorrect i still almost made 8x my money

https://i.imgur.com/j7Qxk48.png


I have 3 system bets open.
First we have a soccer super heinz. In this one we are playing on half time results. A super heinz is a system bet that creates 120 different bets with the 7 selected games. I put in a total stake of 12€ which means every possible selection is playing for a stake of 0.10€

https://i.imgur.com/CM4Fsre.png

The second system bet is a goliath bet on the PDC world darts championships. NOTE: This one is already running and the first game was a correct pick a couple of days ago.

https://i.imgur.com/I3vBreu.png

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Same game multi

This is a way of betting on multiple outcomes in 1 and the same game. Havent seen this feature on Crypto bookies so far but this feature is becoming very popular on the largest fiat bookies. I have 1 same game multi up for today on the tottenham game. Beauty about this is you can do inplay cashouts to secure some profits.

https://i.imgur.com/Qhuvigq.png

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Single bets

I personally am not a huge fan of betting on single games. So thats why i am going to attach a small challenge to my single bets to make it a little more attractive to me.
this is what i am going to do. I am going to start with 20€ for single bets and put 10€ on 2 different single bets with a quote of at least 1.5. If the bet is correct i will cash out 50% of the winnings and add the other 50% in the next bet. As soon as i accumulated 10€ in cashouts i add it to a new single bet. In this way i hope to have running multiple single bets in a couple of days and try to keep running as long as possible.

I already have my first 2 single picks up. So lets see what it will bring.

https://i.imgur.com/RYgYhND.png

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It can happen that there are bets that i forget to post in this journal. Its always possible i place additional or in play bets when i am on the go. But there will be updates about available balance, deposits and withdrawals on a weekly basis to keep this as transparant as possible.

If anyone wants to know more about the different ways of betting, how system bets work, how colossusbets jackpots work... feel free to send me a message. I am always ready to help out or give some more info.

Many bitcoin sport betting sites unfortunately don’t let you choosing more than one betting line from a single event but I hope this changes soon once they see your thread.I think a betting journey is always beautiful but I don’t think hitting every bet correct from the Tottenham game has high chances to come true.Still I am taking a look at this thread and try to copy a bet or too.

you are right in any way. I havent seen one yet that that offers in game betting on the same game. You also are correct it is not easy to to hit everything correct in the same game. but that's the beauty about this way of betting and the platform i am doing that on. You have the opportunity to do full or partial cashouts. So if you have a couple correct and have doubts about remaining picks you have always the opportunity to lock some profits during the game

I wish I still have merit to award this good post of yours. (will award this once I earned merits)

You explained it well mate, it pretty evident that you put an effort on this thread, so I wish you the best and as a sports bettor too, I hope you'll be successful.

Good to see another thread like this and launching on Christmas too,,, are you Asian by the way?

Anyway, it is okay to have journals like this. I do not like tip threads too,,, they are full of promises and end up doing badly. Worse especially that people charge money for these socalled tips.

Good luck!

thx i appreciate.


Nope, i am european.

Yeah my goal is just to keep a journal and share some of my bets upfront. But i am in no way going to offer a tipping service. I hate such services. cause if someone wants to put in a little effort they can easily analyse games themself and dont need to spend money on a tipping service.
So do not expect detailed analysis of my games. The main goal is to just share my betting journey and the possible winnings or losses that i make.

A man needs to start somewhere. Here are first results.

The same game multi on the tottenham game didnt worked out. 2 of the 5 selections turned out to be wrong. Brighton scored the first goal and was leading at half time.
But here you can see the potential of same game multi betting.

I mostly prefer to bet on a pretty obvious game. Lets say for example you have a game where home team has an odd of only 1.1. By adding a couple same game multi picks you can increase the odd of the same game. For example bet on outcome - half time result and pick 1 goalscorer. In this way you can easily increase the odd on that game 3 to 5 times higher.


Single bet

First single bet brought us a win. Like i said i will take out 50% of the winnings and add the other 50% to the stake for the next game. So next single game will have a bet amount of 12.60€

https://i.imgur.com/oMy5w2u.png


Our second single pick is still open as well. Chelsea game at 4pm CET. I have picked chelsea to lead at half time.

I am going to have a look if i can find a good single pick for the 12.60€ bet.


NOTE: As you see i do not work with units or so. I do not do that because in bet on multiple different ways. And it is hard to keep track of units especially with the colossus jackpot bets involved. So like i mentioned i will post weekly updates about balance progress, deposits and withdrawals.

During this journey i also want to put bring an entire new way of sport betting to the attention of this community.
This new way of betting is called pool jackpot betting. Instead of picking games with good odds you just pick outcomes on predetemined games. Every jackpot has a guaranteed prize pool. If you are the only winner with all the correct picks you win the entire jackpot.

Colossus offers the opportunity to play solo in this jackpots or team up with a bunch of punters.

Below you see our dreamteam ticket. Me as a captain was picked to compose a 2,000€+ value ticket that is playing for a massive 800,000€ jackpot. I own 2.5% of the ticket so 2.5% of all winnings will come my side. Currently the ticket is almost sold out and we have 193 contributors to the ticket.

I am a huge fan of this pool bets and they already made me some nice money. Its fun to play together and to chase those jackpots as a team. I am also negotiating with colossusbets to launch an exact platform but then dedicated to the crypto community. Currently this jackpots can only be played with fiat money and a KYC procedure is necessary. Colossusbets is under very strict UK gambling regulations

https://i.imgur.com/FIHhSl2.png
https://i.imgur.com/H0QIbgh.png

Yeah I actually thought none of them offer betting lines from same event, at least, never come across any in my time yet, so this is a first for me. Just to be clear, this is from colossus and you can parlay from the same event? Might look it up in a bit. Learning a new system is going to a be a huge hurdle for new punters but let's see.

My comments on system bets, I like the idea initially, but it's too much management for a casual punter like me. The thing is I seldom include anything in my parlay that I wouldn't otherwise bet on anyway -- a parlay is simply me going for both bets but on one hand.

What do you think of the cashout option too, curious to know if that plays into your system. I never use it, and my main matches are in EPL where last minute goals are common (and cashouts tend to be worth nothing past 70th min). Or is that not even an option for your method?

Single bets

I won 15.5€ in the tottenham single game. Cashed out 2.6€ and 12.6€ will roll in to the next single game

https://i.imgur.com/94yqEo8.png

Not colossus. Colossusbets only offers jackpot pools on sports. The platform i use to put multiple selections on the same game is on Betfair.com. But other platforms like for example Bet365 also offer this kind of betting.
So betfair.com and bet365 are 2 bookies i am 100% sure they offer multi betting on same event. I will keep you updated if i find more.

About the cashout options. I do not use cashouts very often. It depends on the odds of the remaining games and that for example the starting line up changes closer to the game or a player gets injured which affects the probability of the game.
I must admit if i use cashout option it mostly is during the colossus jackpot bets. Sometimes they offer very good cashouts during the progress of 1 of the tickets.

I am yet to see a profitable sports bettor on the long term. As far as I know the odds are made in such a way that the sportsbooker has an edge over the bettors like on the casino games. I still don't know why would a profitable trader or sports bettor share its winnings on a forum.

it just seems a fun thing to do. I am part of a live betting group as well. We share and analyse our personal bets on a weekly basis. So i do not see anything bad about sharing winnings on a forum.

Second correct single pick in a row. Again i am going to cashout 50% of the profits and add the remaining to the intitial stake.

https://i.imgur.com/2FGu0TE.png

2consecutive single wins.

Cashout total 5.75€ in 2 games.
Stake next single bet 15.75€

Lets try to double up with next single bet on the Leicester-Liverpool game

https://i.imgur.com/6biGh10.png


Update:

https://i.imgur.com/OEJzsv8.png

Another winning pick. Currently our betfair balance is at a break even point but we still have a couple open bets. So now we can start thinking about making some money.

And i am a little excited for tomorrow. I am involved in a 2000€+ betting ticket on colossusbets and we are playing for a 800,000€ jackpot. And i have 2.5% of this ticket. So lets ship big this weekend.

https://i.imgur.com/HGgvQ2V.png


i will try to post some prematch tonight as well.

A couple upcoming and running bets

System bets

https://i.imgur.com/wKabZMz.png
https://i.imgur.com/iQBcdaG.png

Single bet

https://i.imgur.com/NzehSk8.png

Same game multi

https://i.imgur.com/UFIaGUA.png

Since this thread was put back to life anyway and the journal finished so abruptly a year ago, I wonder what happened with the plan. Op is still active on Bitcointalk, so perhaps we'll get a comment here of how it went. It was a long shot because the odds are pretty high on each bet and the strategy assumes the person keeps winning. Op did have a few successful bets at the beginning (when I tried a similar strategy recently I lost right away, and it was game over for me), but I suppose the reality caught up and a losing bet followed? What do you think of that experiment of yours now?

Same here , I was thinking of the same thing , honestly things like that Never works for me personally , no matter how hard I try , at the end it's all on luck and therefore ultimately I just try and participate in the ones which does have a good profit percentage and good odds in my favour.
I think since the OP haven't responded yet maybe he didn't really like the idea and changed his strategies? But at the same time he did mention that "he does not provide Gambling advice etc" which I do think is a good thing.
Predictions ?
Really ?
No the octopus which became famous back in the day for the football isn't something that work out , it's by chance and at the same time I don't think anyone can predict !! They can see the information and analyze which even you can do but the positive point will be that you made your own decision on this without any bias , generally there is always a personal bias in things like this. Therefore I don't think you should go for any predictions.

I agree with you OP, betting isn't easy and it requires a lot of time. Analyzing of past data: Which team was winning when there was matches between them, what was the score, how tense it was, in what conditions they are right now, who plays on the squad, where is the match, etc... Plays the important role when betting but most of the times people just bet blindly on teams that they have heard are good or they just look at odds and bet on lower ones, in reality, number of odds is the worst indicator.

My neighbour was earning living by betting on sportsbooks (to be fair except him I haven't seen anyone in real life who has been getting some profit from betting, yeah, I know a lot of gambler and better). He was always doing bets on multiple teams and was aiming odds x50 and higher. A lot of tickets were losing but in overall, some of his higher odds were winning and finally, he was getting profit for years.
What do you think about this? Have you done something similar?

Your friend must be so focus on sports betting, I think what he is doing is a parlay bet, if he is making a living in gambling then I would say he is a legend because only few people are really making money in sports betting, though I don't know one personally.

You are lucky to have a neighbor like him, maybe you can ask for some tips on how to do the same, making money in sports betting is a hard job but a very lucrative one, you can turn yourself into a financially stable person.

Bets have become extremely riskier presently compared to older ones when there were cheerleaders, fans in support, so the team's enthusiasm always remained boosted. Now, even the worst team is winning some great games shocking everybody who bets on low odds team and loses, especially in those bets where we lose due to one bet loss in a parlay. Theoretically, you can also say btc's supply is now 210 billion but it will not change anything practically.

you have to consider that scenario when you are betting, the world has change due to pandemic so probably the past information might not be so helpful. When there's no fans in the arena, the home court advantage might not be felt by the home team, so that should be consider as one factor when you are analyzing the game. Risk is always here, but you can reduce the risk if you are knowledgeable on what you do.

thats because of the effects of the virus where people on the game are now limited or on most cases they are not allowed to enter except from the player that plays the sport but what are difference of the worst team and good teams when worst team do also have fans and supporters before but they may loose it too now .

both teams performance are downgraded but they may need to adapt on this kind of gameplay if they still want to give thier best in the future games .

The situation now is different than a few years ago, and perhaps, that gives some benefits to some teams which they can play better without anything you mention. Some teams still need cheerleaders, fans in supports, and else to boost their performance. At this pandemic, each team needs to boost its performance by themselves against other teams without support from the fan in the field. I wonder what happens to @OP because it will not be easy to select the team without any of those.

The presence of regular audience will not be seen for the time being.
And that may or may not have significant impact on the actual performance on the field.
For now, you are banking on the actual strength of the team without any other distractions.
Maybe they can focus more on their game and we will see how they truly perform in the field.
In this case, the bettor should consider all aspects, like the composition of the team (as some can't play owed to covid), their known status in the game, etc.

One of the best crypto gambling journey and I know this is not an easy journey and its really rare to see someone achieve this goal in gambling. Betting is fun but its not an easy way to create money since you still need to analyze on which team you’re betting in order for you to win, well I enjoy betting before watching live but right now I don’t feel the excitement because almost all the sports are playing on a bubble and no audience at all.

Perhaps, that can make the match looks fair because each team uses their strength to give their best performance in the field. The field will not have a crowd because of the audience, but still, some teams will need that. Perhaps, that teams want to show off their performance in the real-life at the stadium. The team and the audience really miss that moment when they can yield freely in the field to support their favorite team.

So when you want to bet on the right team, you should know where to search for valid data from each team, so you can found the team you want.