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Just curious how you guys would handle this one. Imagine you’re in a contest with $1,000 as your bankroll, and the only goal is to double it. If you manage to hit $2,000, you win $10k as the prize.

Now here’s the catch.. no hedging, no shortcuts. You gotta play it straight.

Would you just slam the whole $1,000 on one bet and hope it lands, or would you grind it out little by little, managing your bankroll like a pro?

I wanna see if people here are more “all-in or nothing” types or the careful, percentage bettors.

If you grind it all at once you may end up with zero if you hit loses, but if you stake but by bits, you may accumulate the total max demanded wagering and with some left over to make home with even if you don't hit the max prize of $10k you may still end up with something good enough like around $5k to $7k if you make a good luck, so sure but by bit goes well for me since I can manage my bankroll better instead risking everything at once.

I will not bet on more than 2 to 3 matches. It can be at the same time or at 2 or 3 different times. At least 1.25 odds but higher ones also. In all the matches, it would be all innwhich can be 1, 2 or 3 times. 

I do risk even first half win in something like that. Like in free bets, I do it often.

If the goal is just getting double of the amount then the strategy is simple I can just easily stake that full amount on 1.50 odds at different times, so it's more like a short rollover, this does not have to exceed a day, in 24 hours this can actually be done. Another strategy that can be used is to split that amount into two and stake $500 dollars on three odds differently, there are no systems or sure ways to win

All in all, that's too risky, and you just might lose the best and your money just a minute before you get started. I like taking risks in betting sometimes, but not on this level. Since it's just to double my balance, I will prefer to go slowly with as little as I can to make sure I have more time to play than fewer times to play since one multiplier could be able to give me more of the number with little staking than losing it all trying to get it in one shot.

It’s easy to comment just by looking at the numbers, but it’s a different story when you’re the one actually risking $1k, that’s a huge amount for gambling. If I were in that competition, since it’s my real money on the line, I wouldn’t just focus on the prize or being the first to win. I’d protect my bankroll and grind it out, sticking to a proper strategy like only risking 5% per stake.

But then again, there’s the other side of me that says just go for i.. bet x2 with the full $1k and see if I win.
After all, $1k turning into $10k is worth the risk.

If nobody is going to slam them I will slam the $1000 with some certainty and nice predictions even it's not sure, whether I win or loss I will just have to figure out what game and where is the most likely point to bring the double of that money, because doubling is quite possible with a good amount as that in sport betting but in casino games not really sure that's basically luck no work done but I'm sport betting with a work well done you can double it as possible as it sounds. While on a normal day I will like to preserve the $2k so it doesn't get finished meanwhile I'm reality everything still goes down why not go down at once ?  8) ;D

You can't be wagering $1000 for a prize of $10,000, that's too much, should be $200 prize.
I will stay away from casino games if I'm been given a target to reach, I'll only play strategic based games like poker, and sport betting.

I can't use all the funds, $50 separate games with total 3 odds each for $200 first day trial will be good for me.

You mean to double it to $2,000 Using $1,000 as a bankroll? If yes then I think is just an easy task ;D. And yeah,  I don't mind going with the $1,000 at once but I won't be going for higher odd but for lower odd that is within the range of 1.40 or 1.30 with a good wining possibility. Though some people would prefer managing thier bankroll instead of going at once, But this is more like a waste of time because there are other competitors. Managing your bankroll would make you to start accumulating odds, Which i don't like accumulating odd I like betting on a single game or two I don't bet more than that.

If the main purpose is to double the initial bankroll only, whether it is for a contest or not, I will still prefer to play safe with low bet amount and trying to hit higher multiplier. So the possible strategy for me is to play Plinko or Keno game, because I have nice experience with this game especially if the main idea is to double the bankroll only. So maybe I'll play on Plinko game with 12-13 number of row with the highest level risk and placing $3-$5 per bet.

The fact that my strategies for gamble are not guaranteed I will not risky the whole money on one bet, I will split them in two parts and I will gamble on games I know. Let's say it's a soccer game, I will go for the stronger team with half the money which is $500 and the remaining $500 will go on other soccer games.

I'd go for sports bets in the 1.10x-1.20 range, so they are pretty guaranteed but you still need to be patient and pick the 6-7 games wisely. There might only be 1 game that looks worthwhile on a day and definitely go with teams that have a strong track record, like winning the last 3/4 games minimum - that's more likely to result in success in a short time frame without too much risk. These odds do still fail though. Alternatively you could just go for one or two horse races, they tend to pay much higher odds but you want to pick a horse that has come 1st at least a few times in their most recent races. Horses are much riskier but you may get to the end result quicker.

I think OP is referring to sports betting since he mentioned “hedging,” and that’s not possible in the games you listed.
So it’s more likely about a skill-based game where bankroll management really matters.

With that $10k reward just for doubling your money, personally I’d be very careful and stick to proper bankroll management. Normally 10% per stake is already too aggressive, but since it’s a competition, I’d go with that for a shot at the $10k prize.

There’s always two outcomes at the end of the day, you hit and double the amount, or you lose it all. So the same loss actually if you never play it right.

Here’s my strategy, if I’m gonna stay practical, I would bet little by little hoping bigger wins await in the end, but if I would stick to what is gambling, I would bet it all at once. After all, this isn’t about strategy but luck and chances. If you’re lucky, you’ll win, but if you’re not, you’ll lose. Betting little by little is just delaying your losses, that’s the reality.

If there is no time limit on that, the most patient is going to win this. But if there is a time limit, I guess that the most will do it these ways;

• Dice, slots and roulettes for quicker gains.
• Bet half for sports betting or any larger amount, could also be $1k per bet for 10 matches with moderate odds.

There is no room for mistake if that's the prize that awaits the winner.

If I slam the whole $1,000 on one bet, then where is the fun in it. Especially when it is a game that is luck based. I would like to think that the number of times I grind it out little by little gives me a luck multiplier effect. That is it increases my chances for me to double my bankroll. This is just how I would think about it.

If it's not my real $1000 I would just put everything at once on HiLo or Coin flip. :D

It's a very short and quick dopamine hit, but it's my favorite one when it's all or nothing and I have only one chance to chance it all.

To work slowly against the odds to try to double it in hundreds of spins or plays I think I would just slowly grind my money until I have a lot less, so no chance for the $2000 final balance.

I’ll go with dice. If I’m not mistaken, based on my years of playing, I can usually double my deposit. Doubling $1k in a day with dice isn’t easy, but most of the time I manage to double my depo in less than half a day. As for going all in, nah, I’ve done that many times before and always ended up with nothing. When it comes to sports betting, I’m not confident with it. Since this is supposed to be a contest, there should be a time limit. But what if you’re unfamiliar with the league or the sport available to bet on? That’s too risky

I'll go with dice also but with only half of $1k then the other half on sportsbetting. I'm not that lucky on dice games but I was able to also double my bankroll once before when I was playing it.

While in sportsbetting, I'm more confident playing my luck in these games as I often watch sports games. I can adjust my strategy depending on what sport I will bet and minimize my risk of losing.

I think it would have been more interesting if there was a poll.

Anyway, since you didn't specify that the contest would only reward the player that would make it to $2,000 first, then I don't think there's any time pressure. If that's the case, I won't be in a hurry. I'd do it little by little, making sure that each of my bets would bring me closer to $2,000.

But if there was a rule that whoever doubles his/her bankroll first will get the prize, then I would just choose the best match and bet everything.

You don't know me, please is it already pleasing you can get.
Gambling is cool while gambling with the amount that is extremely low than gambling with the whole amount and happens to win all my bet skip. There are lot people who aren't ready to enter the bad wrong hands over the forum.

I am not making it mandatory to get the prize what is mandatory is that I say if it goes from $1000 to $2000 then how much of my money and ability can I keep with my financial management. Personally I don't use that much money in terms of bankroll but if I guess I will have that amount of money then I will spread the bets and refrain from playing at one time. I think about winning differently like I would expect $15k or $15k but it is a bet. There will be a combination of many bets. I think thoughtless gamblers will use their funds at the same time and try to get a one time win but professional gamblers will participate in the game with multiple budgets to keep the chances of winning alive.

I will use it out little by little, managing my bankroll, hoping it will give me a win. Once I win, I will double the bet and continue playing but I realize this will not make me win many times.

Doubling your bankroll is difficult so you must think twice before participating in similar events. The chance to win many times will not be bigger but you have a bigger chance of loss. So you need to be wise in managing your bankroll.

No shortcuts to win much or double your bankroll. You will face many losses if you become emotional. It is gambling so we must realize that winning is difficult. We can only try what we can and not expect too much.

This is a very trickish question, one I find a bit difficult to get an answer for, but be it as it may, I will try to answer based on my own personal perspective.

Winnning in gambling is all about luck, someone may not want to much of stress, and for this reason, he or she would go all in on a game with that $1k, believing that it's either he or she wins or perish.
But as for me, I would rather choose to grind by spending the $1k on games little by little, atleast, this can help to have something to go back home with assuming the other contestant went all in and won, and hit the target of $2k, I who spent a little on a game can still have some change to go back home with..
Betting with the entire $1k all at once on a single game is like putting all your eggs in one basket, it is highly risky because if anything goes wrong, that money is gone and you are out of the contest, but on the other hand, if you win, then you are the most lucky person at that moment.

Last year, I challenged myself with a dice game, starting with a capital of $500 to $1000. I managed to hit my target, but unfortunately, greed got me. I clicked the play button(auto play) one more time and just like that, my balance dropped back to $600 after that I've decided to take a break and give myself some time before stepping back into gambling.

The first thing that comes to my mind is that "I'll always go on favorites on NBA games or any sports games that I'm familiar with." so that's my approach when this happens to me. Not going all-in, but will use a portion of the $1000.

TBH, I haven't done this experiment, but in the future, I might try and use a small portion of my money, deposit it and will put my bets on the favorites every single day, and will put it all in a journal. I wonder if there's somebody who did that already, and what's the result. Aside from my approach, I'm also thinking of just putting it all-in on a favorite team every single day until I double my money. I will never put this money on slots since you have low chance of doubling your money there. Putting it on sports betting and doubling your money might take a bit longer, but less risky at least for me.

I think that betting it all would be the riskiest decision, because you only have one chance and if you lose you can forget about the prize, the best option would be to bet 200 at a time in a controlled way and you will always have more statistical options, another thing that you don't mention is the time limit you have to reach the goal, that is an important factor to take into account, because if you have a long time the option of betting it all becomes even more absurd.

I'm headed to dice and looking for x100 multis with an increase on loss of 1.18% reset on win. Starting with a .1 base bet and letting it roll. Obviously not a guaranteed strat that will win, but I have had some good runs using this strat. I don't know the exact numbers, but I'd say better than a 50% chance of getting close to a double if I let the bot run. Maybe if I get halfway there I might start trying a few large live bets on football since the season is starting in college and the NFL.

It's very simple, I will slice my bankroll into tiny pieces to increase my chances of wining since betting all in one will be very risky. I will stake $200 for 3-4odd in 5 places or in 5 tickets if I am lucky to win all ticket then the competition is sure but If I only win 2 or 3 tickets I will still repeat the same process till I win huge. You know sometime gambling can be challenging, it looks so simple like doubling $1k will be possible by just staking on. 2odd multiplier but trying it may just end the bankroll at once.

The real problem here is the mindset. If that $1000 is a freebie and will just be used to aim for the $10k prize, then it will definitely change the strategy of a gambler.

Still, I might want to enjoy it first. I won't bet on one chance only. I might make a parlay consisting of a very high chance of winning until it makes x2. I will only bet $250. If it wins, then I am 25 percent above the initial money, and I just need to do it 3 more times to complete the task.
Yes, I am a careful bettor, especially if the money is mine. But I would do the same with freebies if there's an offer of prize money in the end. It's still a competitive task.

To be honest, I would just pick a game that is close to 50/50 and just go for it at once.

The more you play, the closer the odds are to the reality, so you might get lucky once, but harder to get lucky many times with small amounts.

The most probable outcome is to lose anyway, so at least I won't be losing more time as well, all in just in one go.

I will divide the bank roll to 10 bets which will be 100 USD pero bonus spin BUY!
I always choose  VIKING FORGE or BILLIONAIRE BONANZA.
If i want a quick gambling and target is double this is effective to me like 70 percent or more.

GO to BAccarrat go all in at once.  just another option.

Baccarrat seems more like a slow grind game vs all in for 1 hand. If for nothing else I would probably rather grind it out for the entertainment value vs the adrenaline rush of the 1 hand. The goal is to double, not pray to get lucky right?

If you give me $1,000 and the target is $2,000, I won’t risk it all at once. It will be smarter spreading it in two games. Meaning taking a 50% risk. The first risk is to If the first half fails, I still have a chance to recover with the second. And if the first one enters, its just a game left to reach the target. Being a good better is to bet smarter, maximizing your survival chance and aiming faster to the target.

For contests like this, I think only sport betting can be used because casino games really ain’t something you’d categorize as a skilled based game.

For me, it depends on how I’ll handle it, I know a lot of people went with the bit by bit strategy but I think betting half of it once isn’t that bad, I’ll go with the first half of the whole $1,000 bankroll and bet on a game that’s at most 2.0 odds that way if I win I’ll be half way through it but if I lose I’ll still have the other half to try my luck with again. That’s more risky but it will be lot faster than going with the bit by bit method.

Some bettors don't realize how difficult it is to win from placing bets little by little, this is simply a rollover tactic and it's has a lot of risks involved...you can aim to achieve your target in five days and end up losing everything entirely on that fourth day...this is the reason why I prefer to take the risk of just betting on a single game, all I have to do is carefully select the games I'm going to bet on and do proper research, two games should be enough

On games with house edge this is difficult, but on sports betting (which OP was referring to), this is exactly the right thing. If you look at how professionals play, they always protect their bankroll. They set up a decent roll and then manage it slowly per stake.

They’re not aggressive, because they believe in consistency more than luck. And if they’re successful doing it that way, then I don’t see any reason not to follow them.

I would not wager it all in one go, neither will i break it into too many tiny bits. I would divide it into two bits only, so i would wager that twice, or at most i could divide it into three and wager three times. The only reason i would not wager it at one go is so i don't lose it all without a second opportunity. If i divide it into two and lose at the first try, i know i have it all to do in the final attempt.

As for the game i would wager on, it is surely going to be football betting, probably single bets and not combos.

In competitions like this, the focus is really on probability. That’s why I think parlays aren’t a good idea since they lower the overall chance of winning. Sometimes we see them as attractive because they look like a shortcut to bigger money, but if you look at the math, it’s different. Even a simple 2-leg parlay only gives you around 30%+ probability. So while the payout looks tempting, the odds are actually stacked against you.

My strategy won’t change depending on my goal. In fact, I don’t set myself the goal of making money from gambling or doubling my deposit, so I don’t even think about it. And I believe that if you can win, you will just do it, and if you play with losses, then no matter what goals you set, it still won’t change anything. A goal is simply a decision about when you will withdraw your winnings, whether it’s after earning 10% or 100%.

It depends on the rules. If the prize would win the first who doubles bankroll - you have to make big bet as fast as possible. If the prize would get everybody who`ll doubles his bankroll - i`d prefer to use strategy with lots of small bets. Of course just good bets, i can wait.

There's only one problem with accumulating such odds, the more you add up multiple games the chances of getting a cut one increases...Even an odd of 1.02 I'm sports betting is not guaranteed...it's a more painful experience when I go for such low value odds and end up losing the bet, it's more advisable to just select two games at most, odds can be deceiving, don't let the bookmakers trick you

The more the games selected, the more the odds and the higher the risks of losing also, infact alot of gamblers have failed to understand this facts that gambling have a higher chance to lose if you engage with more game's just to accumulate odds, sports bettors who I have come across complain about losing alot from the bets, and if you check the tickets you will discover that their have multiple games on the slip such combo will lead to ultimate loses.

I would divide my whole bankroll in several parts, for example, five parts of two hundred dollars each and I would seek to multiply my money through matches which offered around 1,5x or 2,0x of my money. I would not go all in, when though it would be faster in the case of guessing right, that sum of money you mention as the prize is just too much to let it all to a coin toss or a single match.

But that is just my opinion, there could be better approaches to multiply ones money through betting on sports.

It would be better if you use a percentage based on your bankroll. Because when we say “divide,” like splitting it into 5 parts, that means you’re betting 20% each stake. Now imagine if you hit a losing streak, say 3 in a row - how would you feel?

Would you stay composed until the end, or would you get frustrated and just shove it all in?

and btw, you always seek to multiply regardless of the odds.


Of course there are many methods, but the only real “winning method” is the one we’ll only know once we actually hit the prize.

Auto play, that’s another fast way to lose it all Even as there is a limit in some casinos to how many times it can auto roll, I still consider it a fast way to just give all your money away without even getting the play value out of it. You are lucky you even have to get out with an extra $100 profit added to your $500 and did not end up losing it all because of your greed for more.

If I were in this position, yes of course, I would not take an all in position. In my opinion, avoiding all-in really helps to reduce the risk of losing all your capital at once, so you can play more stable and last longer. By playing slowly and looking for opportunities more conservatively, you can manage your capital more effectively and make more informed decisions. This strategy also allows you to take advantage of opportunities that arise gradually, so that the chances of achieving targets become more realistic and sustainable.

The amount mentioned to gamble with is a big amount of money someone who is struggling in life can't use such risk such amount of money to gamble with that is gambling with the money you can not afford to losing unless as a contest the people or company that is responsible of this contest will be the one to provide this amount in this case my option will be simple i will only look for 2odd to play this 2 odd will not a single match but i will select matches that will almost impossible to cut it can be 10 matches and the goal will be 2 odd and also for the game to play i have been practicing this with just small amount of money and it working just that the amount to be won will be very small since it's been stake with little money, you can handicap clubs that has a better chance of winning it can be 2 or 3 goals but the odd will be very small that's why is said it won't be a single match like 7-8 matches that can give 2odd and stake with that $1000.

Of course in this situation, no one will like to gamble all at once, the strategy is to divide your bankroll into different amounts and stake to increase ones Chance of wining.  For me I may divide it into 4 places of $250 each and stake with 2odd each or better still split it to $50 in each game making sure I don't lose that $1k I will increase it gradually till I achieve the task of $2k

I most confess that this is quite risky, although sometimes your risk might paid off because in this situation there is no option than to stick to your favorite strategy.

However, I think I would prefer using all in one bet with a single game, but I would deeply do a very good forecast before betting all because this is a very huge amount we are talking about, but since there is no option than to use all at the same time, it is wot trying luck.

Most better odds in betting are less than 2 odds. I will prefer at least two or three matches instead. But do not get me wrong, it is possible 2 odds can be used to win it in a single match also, but the chance is low. I have taken 2.05 odd before which I won, there is nothing impossible but I will prefer to increase my chance of winning the bet by going for at least 2 or 3 matches.

I understand your point but one thing I normally avoid in gambling is betting on two to three matches with 1 point something odds or 2 in one slip. Although right from time single bet has always been my favorite even though with a huge odds and I have won with it too several times so betting on it have master me in such a way that I don't have time to bet combo anymore. But of course if going by 2 to 3 matches happens to work for you it's fine because sticking to the storage that works for you is always the best.

Since by convention this money is a bankroll, it means that this is already the money that I can afford to lose. Is that so? Let's say. So I'm betting the entire bankroll, say, on red. If I win, I'll get a prize. If I lose, it means I have failed the task. Well, according to the condition, in case of loss, I only lose the bankroll (which was no longer a pity to lose).
N.B. I mean, I'm betting on red in roulette.

With no time limit and odds requirement, I might as well play it slow. I'll start by dividing the starting bankroll into 100 units and work my way up to 200 units since I can always shift between sports if one whole season isn't enough. I'd imagine half of my bets would be moneylines or asian handicaps, and then the other half would be a mix between several markets (player props, totals, first-half handicap, etc.).

I'd never go all-in when there's bigger money on the line here on top of my bankroll. The worst mistake I can make here is probably going big on a small odd bet and doing one too many live bets.

Knowledge of the games supersedes odds difference. It is your skills and experience with match booking based on your knowledge on team performance that determines the possibility that you made a good pick. Bookmarkers set odds based on their knowledge which is never 100% accurate and you as a gambler, if you can analyze the games properly with respect to team form, players availability and other personal factors and come out with a pick, do not be discouraged by the odds given to them. Be sure to go for your picks and let the fulltime be the judge of the correctness of your picks

Everyone of us should gamble base on how we can afford it, this is not what we may say to impress others, but consider our capacity in gambling and the risk we can go for, also, when we have the realization that the bankroll we ha e or used to gamble does not draw luck on us or take it either from our way, instead every gambler should gamble base on what we can afford to do.

For me, it will depend on the possible reward since you talk about a contest then the possible reward is a crucial thing and may affect the strategy to be used.
Other rules may also affect others on how they will try to double their bankroll, so you have to make more specific rules about the contest to get better answers.
One more thing, is the starting bankroll comes from our own wallet or this $1000 is just like a playmoney?
All of these things may make us think about different strategy at least for me, at the moment I cant answer which strategy to use because your given case is not that enough for me to decide what strategy to use.

If am to take the challenge, I will only bet on live matches and I won't bet on games with very low profitability of winning, I will go for the high probability games, despite that the odds are going to be small but if I can see a very good game that looks so certain, I will take it and what am staking the game with is going to be $500 so that if it's just a 1.5 oddodd I can make a $250 profit. In such a contest, I wouldn't want to be rushed, let them give me a very long time because I will only make a bet when I see very perfect opportunity which comes once in a while.

Since the probability of me doubling the money is very slim. I will not gamble it once but it fractions. As a matter of fact, I will gamble with $10 each on every bet. So that, I can enjoy the game before I lose it all to the casino. Gambling is not something that you can control the outcome of your bet which makes it a difficult task.

For me there is only one way I prefer and that is by playing poker. This for the simple reason that in there a lot of skill is involved and your choices are heavily involved in the outcome of the game. I cannot say the same for any other gambling game as I have tried all of them and rarely I have been able to double my money with dice or roulette for example. I am a slot lover and play often them, the best to me it has happened there by winning one time x9883 and one other time x11339 multipliers so those can be a very good way to double your money, although much more dangerous than poker and that is why I don't suggest them to anyone else. Skill games I think are the best ones to try and double your money.

Great question, hehe
I don't know if you asked about casino or sports betting, but since I do more sports betting, I'll comment on that
I believe I would split it into 2 to 4 bets on specific games with odds of more than 1.80 to double the amount

If I found VERY good odds of 2.0 on a game I was very confident about, I would even prefer to bet all at once
I think that in this situation of having to double your bankroll, the longer it takes and the more bets you need to make, the more chance you have of losing and not being able to double it

Using $10 and splitting it into many parts will be better for me. But I don't know how long I can achieve $2,000 because that will be tough for me. Managing my bankroll like a pro will give me time to search for the games that I think can give me a win. Although that is not possible but if I can find the match that I know the team, I think I can have a chance to win. Winning in the contest will not be easy as many people will not give up chasing the prizes. They will do many things to hit the target so I don't think I can get it.

OP mentioned doubling the bankroll. I don't think it's a difficult task. For example, if someone has a $10 bankroll, to double it, they'll have to turn the $10 into $20. So, if you divide the $10 into $1 for each bet, it could take some time to turn the $10 into $10, because it's difficult to hit 10 bets with odds higher than 1.80 at the same time. Now, if you're patient and only take $1 on a bet with odds of 1.70 to 2.00, take the profit and save it. Then, bet another $1 on a game with odds of 1.90, you can make a profit if you hit. That way, in 15 games that you hit, you could have already doubled the $10. I know it's not an easy task, but it's not impossible.

Review what you have written because you are contradicting yourself. You cannot say that it is not an easy task and that it is not a difficult task in the same paragraph.

I do not engage in spot betting (except for the occasional bet in the past), so if I came across a tournament like that, I think I would bet on a single match where I could double my money, with the bookie giving me 2 to 1 odds. If I lose, I lose 1, but if I win, I win 11 (10 from the prize plus 1 net from doubling up by winning the bet). It's totally EV+.

You surely know the journey of gambling and betting, as well as the nature of every gambling player, double money or strategy is a pearls of wisdom in gambling, the game indeed and loses part of the bet, there is no guarantee of driving money even though they are bet $ 1000 to be made into $ 20K, but it existed and had happened, it was coincidentally and luck 1/1000, one lucky person like that one thousand had to bear the loss.

For this reason, I gamble more directed to a low percentage victory, for example I placed a $ 10 bet and win $ 15 that strategy was better for me, I did not want to bother to double the money.

Since it's just to double your bankroll. It would be much easier to risk it all.. yes this is actually a difficult decision because $1k is a big amount. And no one would be happy to loss that in one round. In games like crash, it might be possible if you are patient to do 2x and place a calculative move. Though I'll assume in this kind of contest you might as well be given a particular game to play on.

For me honestly I won't want to risk that kind of amount on a single game because of how risky it is. But if it were something much smaller, I would take it. Besides there's no guarantee you would win even if you apply proper risk management. You just have to be ready to loss if you are willing to take that kind of risk..

It's not really going to be easy or a short trip to achieve that profit within a short period of time, if you are only focused on potential games with high possibility of winning, you are not going to be betting regularly on every game but you will be very picky and would only bet once in a while when tthere are potential games that can make you win. It could even take and entire season if you don't rush it.

Parlay or bet builder is the best choice if you want to have higher profit using multiple games that has high winning percentage/low odds game.

It will surely take a lot of time to find a decent bet good odds if you want to be picky on bet for accuracy purposes. I think I will choose parlay which is much riskier but still I’m betting 1 bet amount on multiple bet.

If I lose  I will just move on to make next bet that has high odds and can easily recover what’s loss plus profit.