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Author Topic: Doubling your bitcoin every 3 months with sports betting  (Read 480 times)
bitcoinpunter (OP)
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October 04, 2018, 02:35:35 AM
 #1

Its amazing how many people think that its impossible to win in sports betting. Its true you cannot win in any casino games because they are all -ev games but sports betting is the only thing that you can use skill to turn it into +ev and in turn win. However, 99% of the bettors lose in sports betting. Some lose because they are horrible in picking games. But most lose even if they are good in picking games because they lack the discipline to manager the money and bankroll. If you can show little patience and composure, you can turn a small bankroll into a bankroll into a fortune.

The money management to use is the 3% max bet compounding strategy. You can read that money management in depth there but in short it is a 1 to 10 unit scale where the max bet (10 unit bet) is 3%. This means each unit is 0.3% of the bankroll. You will never bet more than 3% on any games (10 units). Basically after 1 betting day, you compound the winnings into the bankroll and adjust the unit size accordingly. If the day ends in loss, you maintain the same unit size until a new high in bankroll is reached, and then adjust the unit accordingly.  With this method you can double your bankroll pretty fast as long as your picking skills are half decent. Those guys double the bankroll on average about every 3 months. This means after 12 months you would have doubled the bankroll 4 times. So if you start with a 5k bankroll and use the compounding method, your bankroll would be 10k after 3 months, 20k after 6 months....80k after 12 months. You can check the picks in thisspreadsheet https://docs.google.com/spreadsheets/d/e/2PACX-1vSm1yWRXjlPfjr4EX3NPBbHJ2te-KaKkBBKaej_3Pw1V_6Dh6yPD6Me6MoT16lhtsUva84YUTnttn67/pubhtml  The log section has all the picks, the dashboard shows the growth summary and the daily shows the daily ups and downs.

I am running two portfolios with those picks....one with $10k bankroll in pinnacle and the other with 2bitcoin bankroll in nitrogen. I am loving the bitcoin portfolio because its one of the best way to increase your bitcoin volume.
bitcoinpunter (OP)
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October 09, 2018, 03:46:35 PM
 #2

Since July i doubled my bitcoin betting bankroll but bitcoin itself has fell in value from $8200 to $6700, still big profit though. Would have been insane if bitcoin value also climbed.
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October 09, 2018, 04:47:06 PM
 #3

it is impressive , to say the least
I loved the part about picking skills - this is the most important thing in gambling
you can be a god of bank management, but if you do not get the results right it is worth 0
usually, doubling bankroll in a year is considered amazing and there are very few capers who can boast that
I mean if you can double bankroll in 3 months, you should quit your job and start gambling for life
but come back in a year and lets see if your "picking skills" are good still, also it is very easy to post logs in hindsight
if you were to start a topic here and post some of your picks and assign units to them ,this would have been really helpful and interesting

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elabor77
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October 09, 2018, 06:11:57 PM
 #4

This is the second topic on the same topic and I sincerely have an avalanche of doubts about what you say.
It is possible to double a small bankroll, but when bets become important you will meet the barriers of bookmakers limits and the liquidity of the exchanges
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October 09, 2018, 06:21:40 PM
 #5

Sport betting can be indeed very profitable since it involves knowledge/logic too, not only luck.
But luck is involved too, since sometimes the results don't come up as they logically should.

So I don't think that you doubled thousands of dollars and entire Bitcoins and then you came here to tell.
If you would have been this incredibly lucky and you would have done that money this easy, you'd be busy spending them or try the trick again for even bigger income until your luck runs out.


Sports bets are wonderful to give more adrenaline when watching the game. If you win some, even better, but I'd not rely on this as a method for income.

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andremd3
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October 09, 2018, 08:08:46 PM
 #6

it is impressive , to say the least
I loved the part about picking skills - this is the most important thing in gambling
you can be a god of bank management, but if you do not get the results right it is worth 0
usually, doubling bankroll in a year is considered amazing and there are very few capers who can boast that
I mean if you can double bankroll in 3 months, you should quit your job and start gambling for life
but come back in a year and lets see if your "picking skills" are good still, also it is very easy to post logs in hindsight
if you were to start a topic here and post some of your picks and assign units to them ,this would have been really helpful and interesting

This is one those systems that is great....until you go on a losing streak.
examplens
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October 09, 2018, 08:20:40 PM
Merited by JackpotRacer (1)
 #7

Its amazing how many people think that its impossible to win in sports betting. Its true you cannot win in any casino games because they are all -ev games but sports betting is the only thing that you can use skill to turn it into +ev and in turn win. However, 99% of the bettors lose in sports betting. Some lose because they are horrible in picking games. But most lose even if they are good in picking games because they lack the discipline to manager the money and bankroll. If you can show little patience and composure, you can turn a small bankroll into a bankroll into a fortune.

The money management to use is the 3% max bet compounding strategy. You can read that money management in depth there but in short it is a 1 to 10 unit scale where the max bet (10 unit bet) is 3%. This means each unit is 0.3% of the bankroll. You will never bet more than 3% on any games (10 units). Basically after 1 betting day, you compound the winnings into the bankroll and adjust the unit size accordingly. If the day ends in loss, you maintain the same unit size until a new high in bankroll is reached, and then adjust the unit accordingly.  With this method you can double your bankroll pretty fast as long as your picking skills are half decent. Those guys double the bankroll on average about every 3 months. This means after 12 months you would have doubled the bankroll 4 times. So if you start with a 5k bankroll and use the compounding method, your bankroll would be 10k after 3 months, 20k after 6 months....80k after 12 months. You can check the picks in thisspreadsheet https://docs.google.com/spreadsheets/d/e/2PACX-1vSm1yWRXjlPfjr4EX3NPBbHJ2te-KaKkBBKaej_3Pw1V_6Dh6yPD6Me6MoT16lhtsUva84YUTnttn67/pubhtml  The log section has all the picks, the dashboard shows the growth summary and the daily shows the daily ups and downs.

I am running two portfolios with those picks....one with $10k bankroll in pinnacle and the other with 2bitcoin bankroll in nitrogen. I am loving the bitcoin portfolio because its one of the best way to increase your bitcoin volume.

I will never understand why people sell his winning gambling strategy where is possible to double the money or earn a high percent of profit. Why it's sold for few bucjs and you do not do it yourself and you get high profits?

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milewilda
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October 09, 2018, 08:22:08 PM
 #8

it is impressive , to say the least
I loved the part about picking skills - this is the most important thing in gambling
you can be a god of bank management, but if you do not get the results right it is worth 0
usually, doubling bankroll in a year is considered amazing and there are very few capers who can boast that
I mean if you can double bankroll in 3 months, you should quit your job and start gambling for life
but come back in a year and lets see if your "picking skills" are good still, also it is very easy to post logs in hindsight
if you were to start a topic here and post some of your picks and assign units to them ,this would have been really helpful and interesting
Doubling your bankroll on sportsbetting in a matter of 3 months is really impressive but same as you requested it would really be more interesting if he post up pick proofs that shows off
on using this 0.3%- 3% units. Sharing success or winning on gambling isnt bad but it would be more interesting if it would be justified.

Caladonian
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October 10, 2018, 02:55:43 AM
 #9

it is impressive , to say the least
I loved the part about picking skills - this is the most important thing in gambling
you can be a god of bank management, but if you do not get the results right it is worth 0
usually, doubling bankroll in a year is considered amazing and there are very few capers who can boast that
I mean if you can double bankroll in 3 months, you should quit your job and start gambling for life
but come back in a year and lets see if your "picking skills" are good still, also it is very easy to post logs in hindsight
if you were to start a topic here and post some of your picks and assign units to them ,this would have been really helpful and interesting
Doubling your bankroll on sportsbetting in a matter of 3 months is really impressive but same as you requested it would really be more interesting if he post up pick proofs that shows off
on using this 0.3%- 3% units. Sharing success or winning on gambling isnt bad but it would be more interesting if it would be justified.
In some sense this type pf strategy can fulfill if the gambler really have a good patience and control with his emotions, most of the time being too aggressive ends up losing the entire bankroll, as OP mentions there's strategy which can work and I'm also looking forward to see some proofs where
the actual tally of bets which OP made.
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October 10, 2018, 07:22:19 AM
 #10

I am doubling my btc on exchange, look like they do it on yobit
milewilda
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October 10, 2018, 12:11:10 PM
 #11

it is impressive , to say the least
I loved the part about picking skills - this is the most important thing in gambling
you can be a god of bank management, but if you do not get the results right it is worth 0
usually, doubling bankroll in a year is considered amazing and there are very few capers who can boast that
I mean if you can double bankroll in 3 months, you should quit your job and start gambling for life
but come back in a year and lets see if your "picking skills" are good still, also it is very easy to post logs in hindsight
if you were to start a topic here and post some of your picks and assign units to them ,this would have been really helpful and interesting
Doubling your bankroll on sportsbetting in a matter of 3 months is really impressive but same as you requested it would really be more interesting if he post up pick proofs that shows off
on using this 0.3%- 3% units. Sharing success or winning on gambling isnt bad but it would be more interesting if it would be justified.
In some sense this type pf strategy can fulfill if the gambler really have a good patience and control with his emotions, most of the time being too aggressive ends up losing the entire bankroll, as OP mentions there's strategy which can work and I'm also looking forward to see some proofs where
the actual tally of bets which OP made.
Lots of strategies being showed off it might work or not and results would vary on how a certain gambler would handle its picks.Good bankroll management is always been suggested
not just typically making any bets without have any limitations or risk ratios.

I am doubling my btc on exchange, look like they do it on yobit
Seems like you are lost buddy?

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October 10, 2018, 03:18:37 PM
 #12

A lot of knowledge before giving in with the flow of Sportbetting I guess you can sure double or even triple your winnings when you got plenty of knowledge with a fight or a match between both players that some will sure research first before getting a bet done, And add with experience in making a bet because different games had different atmosphere to them, And getting used to this kind of feeling will make you prevail in the risk that involves within it.
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October 10, 2018, 04:09:54 PM
 #13

Since July i doubled my bitcoin betting bankroll but bitcoin itself has fell in value from $8200 to $6700, still big profit though. Would have been insane if bitcoin value also climbed.

Can you please share some screenshots? I love appreciating people who turn their money into fortunes by gambling, especially sports betting. I've had been doing it before but tough luck, as most of my bets were on odds bigger than 5. It's not like I didn't win as sometimes, it even used to be more than 3 wins in a row (I don't have a link as it was a bet at Directbet which is not online anymore) but then, the way I used to bet didn't favor me as most of the games were like tables turned by underdog teams. I'll try to learn and apply the strategy that's explained through that thread and see if I could gain back my capital that I lost due to some unbelievable yet lost bets.

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October 10, 2018, 06:38:58 PM
 #14

Its true you cannot win in any casino games because they are all -ev games but sports betting is the only thing that you can use skill to turn it into +ev and in turn win. However, 99% of the bettors lose in sports betting.
But most lose even if they are good in picking games because they lack the discipline to manager the money and bankroll. If you can show little patience and composure, you can turn a small bankroll into a bankroll into a fortune.
Basically after 1 betting day, you compound the winnings into the bankroll and adjust the unit size accordingly. If the day ends in loss, you maintain the same unit size until a new high in bankroll is reached, and then adjust the unit accordingly.  With this method you can double your bankroll pretty fast as long as your picking skills are half decent.
I don't know what you mean by '-ev games', but poker is definitely something apart from sports betting, where skills can make it a profession with regular income. There've been many examples on the Internet of successful poker players with profitable overall bankrolls. As for money management, I definitely agree that it is a very important thing, but I am not sure there is a single right way to do that. It's reasonable not to increase the funds when you keep losing, but martingale fans will tell you the opposite. At the same time, perhaps some will find it better to always put winnings aside as profit rather than increase the bankroll.

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October 10, 2018, 08:16:37 PM
 #15


I don't know what you mean by '-ev games', but poker is definitely something apart from sports betting, where skills can make it a profession with regular income. There've been many examples on the Internet of successful poker players with profitable overall bankrolls. As for money management, I definitely agree that it is a very important thing, but I am not sure there is a single right way to do that. It's reasonable not to increase the funds when you keep losing, but martingale fans will tell you the opposite. At the same time, perhaps some will find it better to always put winnings aside as profit rather than increase the bankroll.

-EV means - Expected Value , which means that you can't profit with these games mathematically in the long run and this includes all the typical casino games like dice , roulette BJ ...etc

in general yeah you can only win with poker and sportsbetting , but in better words you can only profit from games that you aren't directly betting against the house
so for example in the future if a site was created where there is skill game like 8pool or any other game that doesn't rely 100% on luck there will be a good chance to win from this game if you are really good
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October 11, 2018, 05:16:11 AM
 #16

Since July i doubled my bitcoin betting bankroll but bitcoin itself has fell in value from $8200 to $6700, still big profit though. Would have been insane if bitcoin value also climbed.

Can you please share some screenshots? I love appreciating people who turn their money into fortunes by gambling, especially sports betting. I've had been doing it before but tough luck, as most of my bets were on odds bigger than 5. It's not like I didn't win as sometimes, it even used to be more than 3 wins in a row (I don't have a link as it was a bet at Directbet which is not online anymore) but then, the way I used to bet didn't favor me as most of the games were like tables turned by underdog teams. I'll try to learn and apply the strategy that's explained through that thread and see if I could gain back my capital that I lost due to some unbelievable yet lost bets.

Agree

Plus: with skills and patience, all game can turn time to money
My friend of college play poker texas holdem in professional way.. he is very skilled and has much patience
He turns time in s tons of bucks

But, not all can do this..

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October 11, 2018, 01:21:59 PM
 #17

Since July i doubled my bitcoin betting bankroll but bitcoin itself has fell in value from $8200 to $6700, still big profit though. Would have been insane if bitcoin value also climbed.

Can you please share some screenshots? I love appreciating people who turn their money into fortunes by gambling, especially sports betting. I've had been doing it before but tough luck, as most of my bets were on odds bigger than 5. It's not like I didn't win as sometimes, it even used to be more than 3 wins in a row (I don't have a link as it was a bet at Directbet which is not online anymore) but then, the way I used to bet didn't favor me as most of the games were like tables turned by underdog teams. I'll try to learn and apply the strategy that's explained through that thread and see if I could gain back my capital that I lost due to some unbelievable yet lost bets.

Agree

Plus: with skills and patience, all game can turn time to money
My friend of college play poker texas holdem in professional way.. he is very skilled and has much patience
He turns time in s tons of bucks

But, not all can do this..

Some are not cut out for this, I make good earnings from betting in sports but in fiat tho, would be nice to betting sports games in btc
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October 12, 2018, 10:34:12 AM
 #18

seems like OP doesn't want to participate in this discussion anymore
unfortunately, online google sheets with past bets do not prove much
I believe that OP managed to achieve this double bank in 3 months target, but topics like this are usually created to sell some sort of
paid tips or to promote  a site , maybe OP just wanted to show that its possible to do even without being a professional capper
it is doable but to be consistent you have to be investing so much time in research, it becomes like a job (which it is for many pro bettors)

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October 13, 2018, 12:31:33 AM
 #19

Since July i doubled my bitcoin betting bankroll but bitcoin itself has fell in value from $8200 to $6700, still big profit though. Would have been insane if bitcoin value also climbed.

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October 13, 2018, 09:41:17 AM
 #20

Let assume that your method is working but are you saying that it is going to work for long term? I do not think so, although it is based on your skill and experience, you know that there is always mafia behind the back and there is no way that you can keep on winning this. The platform will notice this for sure, and to think about the game as well, you should always keep winning 10 games each day just to make your 3% there? I think money that you risk is not worth enough to get your profit, there is always up and down in gambling although there is skills on it

Anyway, what I can see here is only tab about how money goes with 10 games, would you mind give us the details about game that you won or lose for a month to make sure others will follow
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