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1981  Economy / Gambling discussion / [CHALLENGE] Who wants to be a millionaire ? on: October 23, 2019, 02:26:33 PM
I guess a lot of you guys have heard about how easy it is to become a millionaire with betting. Just place one bet each day with odds of 1,02 starting with 100,- Euro (or whatever your currency might be), go all-in every time and you’ll be a millionaire around 15 months later, sounds easy huh ? It’s not. I have yet to see anybody, who publicly provided his bets, to achieve that. There is many reasons for failing to make it, but the most common is probably impatience.

I doubt I will be the first to achieve it, but will give it a try nonetheless. It goes like this:



I won’t play exactly a 1,02 every day, there might be days with 1,01 and days with 1,05, but I will try to have a 1,02 on average. If there is nothing appealing on a given day, I won’t rush with a bet. Same goes if there is two or more good bets on the same day, I might play multiple.

I will not play these bets for real – they are just on paper - because while it’s technically doable, I don’t think anybody is able to mentally go through with it till the end. You will only lose 100,- Euro whatever happens, but in your mind, you will lose more. Already in the 5-figure range, most people will fold mentally, let alone at later stages, where you would have to put 900k+ on some scrubs doing sports.

The logistics might be a problem later on as well. Bookmaker limits might be too low, not enough volume on Betfair too and with shopping for the best odds, you would often have to withdraw and deposit huge amounts with bookmakers. Most people don’t have 900k lying around.

So this is more a fun challenge, everyone can feel free to follow the bets though.

For bets with Betfair, I will calculate with a flat commission of 5%. Only pre-match bets for easy tracking for those interested.

Bank: 100,- Euro
W-L: 0-0
Average odds: N.A.

Bets played:
#1 l Volleyball l WGER1 l Schwerin vs Erfurt l Home Win l 1,02 l 100,00 l Leonbets 3-1 WON
#2 l Football l UEL l Sevilla vs Dudelange l Sevilla 1X (lay Dudelange @50) l 1,02 l 102,00 l Betfair 3-0 WON
#3 l Handball l WHUN1 l Ferencvaros vs Mosonmagyarovar l Ferencvaros ML l 1,03 l 103,98 l Expekt 30-20 WON
#4 l Football l NED2 l Grafschaap vs Dordrecht l lay 0-0 l 1,02 (lay @42) l 107,10 l Betfair 5-0 WON
#5 l Am. Football l NCAAF l Alabama+Clemson l Home win parlay l 1,04 l 109,57 l Leonbets 48-7 & 59-7 WON
#6 l Handball l SWE1 l Skanela vs Bodens l Skanela win l 1,02 l 114,00 l  Expekt 34-17 WON
#7 l Football l ENG1 l Liverpool vs Tottenham l lay 0-1 (@34) l 1,03 l 116,28 l Betfair 2-1 WON
#8 l Football l CUPGER l Bochum vs Bayern l Bayern X2 l 1,03 l 119,56 l Betago 1-2 WON
#9 l Volleyball l GER1 l BR Volleys - Eltmann l BR Volleys ML l 1,03 l 123,15 l Bet365 3-0 WON
#10 l Football l MLS l Atlanta vs Toronto l lay 0-2 (@40) l 1,02 l 126,84 l Betfair 1-2 WON
#11 l Basketball l GER1 l Ludwigsburg vs Hamburg l Ludwigsburg ML l 1,11 l 129,93 l Betsson 94-83 WON
#12 l Football l NED2 l Cambuur vs Nijmegen l lay 0-0 (@26) l 1,04 l 144,22 l Betfair 0-0 LOST
1982  Economy / Gambling discussion / Re: Profitability of Start-ups VS Venture Capital funds VS Martingale on: October 23, 2019, 12:20:18 PM
No wonder that article is written by some casino site Roll Eyes

People are playing around with Martingale for decades. Martingale doesn't work and is a safe way to the poor mens house. It only works, if you have unlimited money and if you have unlimited money, there is no need to play Martingale Grin Even playing Martingale the safe way like proposed in that article will get you to a point, where the mental stress is ridiculous. At some point you are risking an insane amount of money just to recover your previous losses and win a few bucks on top.

VC, ICO and IPO is a risky business too, but you at least have a fair chance from the get-go, assuming you did your due dilligence. You will still lose all invested money most of the time, but you will also hit some homeruns, which easily make up for previous losses.
1983  Economy / Gambling discussion / The Myth of Slicers Betfair Strategy on: October 23, 2019, 11:40:35 AM
Back in the days in the good old Betfair forums a guy popped up claiming to having found the holy grail of betting/trading. He said he developed a strategy to make sure 9%-12% with trading football matches. No risk involved, you can’t lose. The strategy could be applied to lots of football matches, multiple during busy days, they just needed to fit certain criteria and the markets needed enough volume.

That led to heated discussions of course. People were calling it a hoax, others found themselves in some kind of gold rush, but everyone tried to wrap their head around, if this was even possible. And if so, how ?

The mysterious Slicer would involve in these discussions and give some hints to point people in the right direction. This is what is known:

  • The strategy consists of two pre-match bets, with a third bet (or series of bets)and adjustment of second bet possibly needed at half-time
  • The first bet is lay 0-0 HT
  • If the first bet wins, the second bet will lose
  • Home team should be solid favourite
  • Market has to have good volume/liquidity

People found out relatively quick, what that second bet was and from what I recall, Slicer confirmed.

So you have these two bets at the start of the match:
  • Lay 0-0 HT
  • Back 0-0 FT

That leaves us with a profit every time a goal has been scored in the first half. The problem starts, when there is no goal scored. By hedging the 0-0 FT back bet, you won’t recover the loss you made with the lay 0-0 HT bet, so some additional action has to be taken to turn this match into a profitable one.

There were some bright minds in the Betfair forums, but no one was able to figure that third bet out. In some cases, depending on how the match unfolded in first half, you could get out with no loss at half-time, but no win too. Then you could just wait for a few minutes after half time and get out with no loss as well – but that leaves you vulnerable to an early second half goal and the risk of losing both bets. And all this is far away from 9%-12% profit with every match you touch (after some research).

Do you think Slicer had – at that time – really found the holy grail ? What could that third bet been ? Do you think there is still some bugs in the markets nowadays that can be exploited ?

Discuss.
1984  Local / Projektentwicklung / Re: 🚀 Sportsbet.io - Hauptpartner von Watford FC ⚽ Fun. 🏀 Fast. 🎾 Fair. 🏆 on: October 16, 2019, 11:38:47 AM
TRON Last Man Standing Challenge
(...)

Das erinnert mich an den Porsche 911 Betcup von bet-at-home, wo man einen Porsche 911 im Wert von 100k gewinnen kann. Hier muss man nur jeden Tag eine Wette abgeben; ist egal, ob man gewinnt oder verliert.

Das Ganze ist 2008 (!) mit 17278 Teilnehmern gestartet und immer noch nicht beendet Grin



Wenn man davon ausgeht, dass nur noch bots im Rennen sind, dann wird irgendjemand in 100 Jahren einen nigelnagelneuen Porsche-Oldtimer bekommen Cheesy

1985  Economy / Speculation / Re: Q4 -Quarter 4 speculation thread, where will 2019 end, join the LIST on: October 05, 2019, 01:03:44 PM
Thanks for the game @micgoossens

Most projects should be done liquidating their BTC by the end of 2019 and I see people sitting more tight on their BTC, while the big boys are still pushing the market around at will. So it's hard to guesstimate where they want the price to be at any given date. Should be a bit higher than it is now though, thus my guess: $9100
1986  Local / Altcoins (Deutsch) / Re: welche bountys signaturen lohnen sich am meisten??? on: October 05, 2019, 09:25:53 AM
À propos - mal ne völlig bescheuerte Frage am Rande - Threads in denen ich schon geposted habe, werden mir standardmäßig angezeigt sobald dort wer was neues gepostet hat. Was muss ich denn tun damit die nicht mehr bei mir auftauchen? Habe schon "unwatch" versucht aber das bringt nichts. :/ Und notify habe ich da auch nicht geklickt - ich weiß, Newbie aber manchmal sieht man den Wald vor lauter Bäumen nicht? Wink

Ich bewege mich jetzt auf dünnem Eis, da mein letztes Posting keine 30 Minuten her ist...
Wenn Du in einem Thread postest, abonierst Du ihn automatisch und siehst ihn in deiner Watchlist sobald jemand dort wieder etwas schreibt.
Du kannst dann im Thread "unwatch" drücken und Du bist raus, oder Du könntest auch nach dem Klick auf Watchlist / Edit Wachlist deine beobachteten Threads alle auf einmal auf "unwatch" setzen wenn Du möchtest.
Sobald Du in einem der Threads wieder etwas schreibst, abonierst Du ihn auch wieder. Also eigentlich ist das schon ganz praktisch finde ich Wink

Man kann das durchaus einstellen, dass dem nicht so ist, indem man einfach unter "Notifications and Email" die entsprechenden Häkchen entfernt:

1987  Economy / Gambling / Re: 🚀 Sportsbet.io - Main Club Partner of Watford FC ⚽ Fun. 🏀 Fast. 🎾 Fair. �� on: October 02, 2019, 04:40:38 PM
Hi,

If you want to take 14k of my 18k plus some unsettled bets that is almost all money from me. For you that is just a little part? My initial deposits is just around 4k euro. If you want to pay me just 4k you want to take more than 14k from me

You won't get those 18k, forget about that. And there is nothing you can do against it other than take it on the chin and learn from it. As long as you make your deposits and lose money you are a good customer, once you start winning and want to withdraw, the harassment starts. This is oldschool bookie style.


(...) as we paid out a fortune last night on this very match

How can you lose on this match as a bookie Huh Real not winning at home against some scrubs in CL is normally party time for the bookies.
1988  Local / Projektentwicklung / Re: 🚀 Sportsbet.io - Hauptpartner von Watford FC ⚽ Fun. 🏀 Fast. 🎾 Fair. 🏆 on: October 02, 2019, 12:57:05 PM
Hehe, danke für die lange Erklärung. Ich weiß natürlich die Antworten auf die Fragen eigentlich selber, da ich schon sehr lange mein Geld mit dieser Thematik verdiene. Wollte nur mal eine kleine Diskussion entfachen und schauen, wie weit du in der Thematik drin bist, denn deine Analysen im Wettforum zur BB-WM waren sehr gut, Respekt dafür Wink


Zum AHC:

Okay, verstanden. Smiley In der Regel sind die AHC-Quoten echt höher (manchmal aber tatsächlich auch niedriger wie in diesem Moment bspw. bei Genk-Neapel Youth League - nur weil ich gerade drauf bin. Wink )

Was du ansprichst ist beispielsweise auch bei Draw No Bet und AHC 0 der Fall. Keine Ahnung ob es daran liegt, dass die Books beim AHC mit nem anderen Quotenschlüssel arbeiten, ob "kompetente" Wetter etwas belohnt werden sollen (Bookie bleibt konkurrenzfähiger) weil der Otto-Normalverbraucher die AHC-Quoten gar nicht blickt... Normalerweise sind AHC-Quoten höher, da sehr viele das Asian Handicap überhaupt nicht kennen und nicht wissen was das ist.

Bei 1X2 vs AHC sind die AHC Quoten in 99% höher, da der AHC Markt nur ein 2-Wege-Markt ist und das risk management für den Buchmacher demnach einfacher ist (balanced book). Also kann er hier mit einer geringeren Marge arbeiten.

Was die Frage offen lässt, warum bei 2-Wege-Markt vs 2-Wege-Markt es trotzdem Unterschiede zwischen dem normalen Markt und dem asiatischen Markt gibt. Darauf habe ich leider in den all den Jahren auch noch passende Antwort gefunden. Es kann nur daran liegen, dass die Buchmacher ihre Marge im normalen Markt bei 2-Wege einfach so lassen und den Kunden für dumm verkaufen wollen. Als Beispiel mal Zenit vs Benfica heute abend bei Bet365:



Schon ein krasser Unterschied Grin Der ambitionierte Wetter sollte also immer mal bei asiatischen Märkten vorbeischauen, ob es dort nicht bessere Quoten gibt. Viele vernachlässigen immer, sich auf die Suche nach der besten verfügbaren Quote für eine Wette zu machen. Ist aber sehr wichtig, da es langfristig einen enormen Unterschied ausmacht.


Zum Value:

Jep, kannst  du durchaus behaupten. Cheesy

(...)

Kann ich eben nicht und wäre auch falsch, das zu behaupten ! Für eine einzelne Wette kann man NIE sagen, ob sie value ist/war oder nicht. Für das Prinzip von value bets, wird ja immer ein statischer Zustand zugrunde gelegt, d.h Tottenham vs Bayern müsste z.B. 100-mal unter EXAKT GENAU den gleichen Bedingungen gespielt werden. Erst dann hätte man einen aussagekräftigen Wert, wieviel dieser Spiele over/under 2,5 enden und welche Quote letztlich fair wäre. Dies ist aber im Sport nicht möglich (beim Münzwurf hingegen schon). Das Spiel gestern hatte 9 Tore, kann aber auch genau so gut sein, dass die nächsten 80 Spiele unter diesen Bedingungen under 2,5 ausgehen.

Bezüglich der value bets, kann man nur langfristig eine Aussage treffen. Jemand, der mit Wetten dauerhaft Gewinne erzielt, ist in der Lage, über eine genügend große sample size (>500 Wetten) valuehaltige Quoten zu spielen. Dazwischen werden unglaublich viele nicht-valuehaltige Quoten liegen und welche die extrem viel value hatten, aber im Schnitt hatte alle Wetten value. Und deshalb ist er im plus.
1989  Local / Projektentwicklung / Re: 🚀 Sportsbet.io - Hauptpartner von Watford FC ⚽ Fun. 🏀 Fast. 🎾 Fair. 🏆 on: October 02, 2019, 11:25:16 AM
meinst du die Quoten beim Asiatischen Handicap im Vergleich zum "normalen" Handicap? Die müssen nicht zwingend höher sein, je nach gewähltem Handicap.

Danke für die zügige Antwort.

Nein, ich meinte, dass z.B. -0.5 ja das Gleiche ist, wie Sieg, aber die Quoten bei -0,5 immer höher sind.

Dortmund hat heute Abend eine 1,94 im 1X2 Markt, aber eine 1,97 im AHC Markt. Woran liegt das ?

Das schöne Thema Value Bet - darum hab ich es auch mal versucht kurz anzuführen. Mit der Value ist es immer so eine Sache und eine Quote, die für mich Value hat, kann für dich evtl. keinen Value haben. In der Wettszene kann man Value so ungefähr mit "Mehrwert" ins Deutsche übersetzen. Viele glauben, dass Value Bets beispielsweise "sicher" sind... dem ist natürlich nicht so. Ebenso wenig müssen Value Bets immer hohe Quoten haben - auch ne 1.3 kann Value haben. Im Grunde geht es ja nur darum "lukrative" Quoten zu finden und diese findet man mittlerweile kaum in den Topligen - da sind die Bookies einfach zu gut aufgestellt.

Ok, auch wenn es in den Top-Ligen kaum value gibt, sagen wir mal, ich hätte gestern bei Tottenham vs. Bayern over 2,5 gespielt zu 1,63. Nun sind ja wie wir wissen sogar 9 Tore gefallen, also kann ich ja behaupten hier eine value bet gefunden zu haben.

Meine Frage ist also, woran ich erkenne, ob diese einzelne Wette nun wirklich value hatte ?

1990  Economy / Gambling / Re: 🚀 Sportsbet.io - Main Club Partner of Watford FC ⚽ Fun. 🏀 Fast. 🎾 Fair. �� on: October 02, 2019, 11:16:10 AM


Nice surebet with Betfair lay @1,7x, so I guess you will have to adjust your odds soon Tongue

_____________________________________________

On a general note, you guys should improve these two things, because you are missing out on some profit here:

  • Get rid of matches going pre-live and thus lots of markets vanishing until the game is live
  • Add a button "always accept better odds" for live betting

1991  Local / Projektentwicklung / Re: 🚀 Sportsbet.io - Hauptpartner von Watford FC ⚽ Fun. 🏀 Fast. 🎾 Fair. 🏆 on: October 02, 2019, 10:54:00 AM
So funktioniert das Asiatische Handicap
(...)

Warum sind beim asiatischen Handicap die Quoten immer höher, als bei den äquivalenten 1X2 Wetten ?

(...)
Diese Wetten werden dann als Value Bet bezeichnet.
(...)

Kann man sich sicher sein, ggf. auch im Nachhinein, dass eine Wette value hat ? Abgesehen von offensichtlichen Quotenausreißern.

1992  Local / Projektentwicklung / Re: Bitcasino.io 💜 BTC - ETH - LTC - Das erste lizenzierte Bitcoin Casino on: September 28, 2019, 04:34:00 PM
lol, denk halt mal drüber nach
1993  Economy / Reputation / Re: Yobit/Cryptotalk signature campaign participants on: September 28, 2019, 03:02:12 PM
cca 20 posts ("bounty authentication") posted by each account in an hour and a half.

Same here:

add1ct3dd

Before this, last post was in May 2019.
1994  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ICO] XAYA 🌟True Blockchain Gaming 🌟 - Win $13,000 Treasure Hunt Taurion on: September 28, 2019, 01:50:12 PM
no error I get the wallet version 1.1.1 the second day synchronization in one place

From the screenshot everything looks fine, you have connections and no error message.

You should probably update your wallet to 1.2.4. During the installation process you will be asked, if you want to download the blockchain, click NO there: https://github.com/xaya/xaya_electron/releases
1995  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ICO] XAYA 🌟True Blockchain Gaming 🌟 - Win $13,000 Treasure Hunt Taurion on: September 28, 2019, 12:15:06 PM
My windows wallet stopped syncing on the label 25/09, I already tried everything and the problem still persists, give a guide for troubleshooting

What is the error message you get ? What wallet version are you on ? Please give a screenshot if possible.
1996  Other / Meta / Re: Report plagiarism (copy/paste) here. Mods: please give temp or permban as needed on: September 28, 2019, 11:33:38 AM
Plagiarism from Yobit campaign participant:

User: lestherat

Equal Weight Cryptocurrency Index Fund: Always Hold The Top15 Cryptocurrencies
IX15 is a tokenized equal weight cryptocurrency index fund. It invests in the top 15 cryptocurrencies (ranked by market cap), rebalanced every 30 days. The IX15 index fund is expressly designed to deliver outperformance against the wider cryptocurrency market with one SIMPLE yet LOW-COST investment, thanks to the fund’s equal weight smart beta strategy. Therefore, investors will no longer need to be concerned with multiple exchange accounts and wallet solutions, or with the time and effort involved in rebalancing a cryptocurrency portfolio on their own. Investors can liquidate their portfolio at any time via the smart contract. Using price data from the past 5.5 years, back-testing shows that IX15 significantly outperformed BTC, CRIX and the S&P in both a bull and bear market.

Start time:

2019-10-15 12:00:00

End time:
2019-10-22 11:59:00

Supply:
16170000 IX15

KYC:
Yes (mandatory)

So, you want for this project 16 million USD, nice, you never need to work again after this ico, what you going to do with unsold coins/tokens?


Also very important message

IMPORTANT LEGAL DISCLAIMER ACCESS TO PRODUCTS AND SERVICES DETAILED ON THIS WEBSITE MAY BE RESTRICTED FOR CERTAIN PERSONS OR COUNTRIES. YOU MAY NOT MAKE OR ACQUIRE AN IX15 TOKEN IF YOU ARE A CITIZEN, RESIDENT (TAX OR OTHERWISE) OR GREEN CARD HOLDER OF THE UNITED STATES OF AMERICA

First part taken from: https://exmarkets.com/launchpad/ix15-btc

Quote

IX15 is a tokenized equal weight cryptocurrency index fund. It invests in the top 15 cryptocurrencies (ranked by market cap), rebalanced every 30 days. The IX15 index fund is expressly designed to deliver outperformance against the wider cryptocurrency market with one SIMPLE yet LOW-COST investment, thanks to the fund’s equal weight smart beta strategy. Therefore, investors will no longer need to be concerned with multiple exchange accounts and wallet solutions, or with the time and effort involved in rebalancing a cryptocurrency portfolio on their own. Investors can liquidate their portfolio at any time via the smart contract. Using price data from the past 5.5 years, back-testing shows that IX15 significantly outperformed BTC, CRIX and the S&P in both a bull and bear market.
Start time:

2019-10-15 19:00:00
End time:

2019-10-22 18:59:00
Supply:

16170000 IX15
KYC:

Yes (mandatory)

1997  Local / Projektentwicklung / Re: Bitcasino.io 💜 BTC - ETH - LTC - Das erste lizenzierte Bitcoin Casino on: September 28, 2019, 10:44:35 AM
Wie kann man sich für für so was hergeben und Werbung machen Huh
1998  Other / Meta / Re: Report plagiarism (copy/paste) here. Mods: please give temp or permban as needed on: September 27, 2019, 08:40:54 PM
Plagiarism from Yobit campaign participant:

User: futureofbitcoin

IOTA is quite the interesting technology specimen! It differentiates itself from other decentralized networks. IOTA is not a blockchain; the IOTA network is called a “Tangle.” Think of it like a blockchain, retaining the features of decentralization protocols and security functions; but rather than forming ‘blocks’ to create a ‘chain’ of information, the Tangle forms the distributed ledger more assimilated like a web of information (not a chain). Sooo…. IOTA is still a peer-to-peer network and distributed ledger, but it is ‘blockless’ so transactions and records of information are a bit different in their system.

Taken from: https://blockchain.wtf/cryptocurrency-blockchain/iota/

Quote
IOTA is quite the interesting technology specimen! It differentiates itself from other decentralized networks. IOTA is not a blockchain; the IOTA network is called a “Tangle.” Think of it like a blockchain, retaining the features of decentralization protocols and security functions; but rather than forming ‘blocks’ to create a ‘chain’ of information, the Tangle forms the distributed ledger more assimilated like a web of information (not a chain). Sooo…. IOTA is still a peer-to-peer network and distributed ledger, but it is ‘blockless’ so transactions and records of information are a bit different in their system.
1999  Local / Announcements (Deutsch) / Re: [ANN][ICO] ⭐ XAYA - Echtes Blockchain Gaming - Mainnet live on: September 25, 2019, 01:31:33 PM
Impressionen vom combat-Teil der Taurion competition:




2000  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ICO] XAYA 🌟True Blockchain Gaming 🌟 - Win $13,000 Treasure Hunt Taurion on: September 25, 2019, 01:29:53 PM
A Battle Royal took place between House Reubo and House Ephrati. The witnesses could see user vova fold like a tent against liquidx and HunterX from House Ephrati, who outnumbered vova with 21-17 units at the beginning and were left with 17 units remaining after the dust finally settled.






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