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Author Topic: 500$ - 30,000$ Gambling Challenge  (Read 1115 times)
coinlocket$
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April 29, 2020, 08:54:12 PM
 #41

but you can't play a billion times during your lifetime

That's actually not correct

Within a few months I made, let me count, one, two, three... yeah, 31392329 bets in total at wolf.bet, i.e. over 31M bets. In this manner, if you play nonstop in auto-mode using safe settings (so that you don't get busted in the process) and making like 4-5 bets a second, you could actually notch up over 1 billion bets in a couple of years, give or take a few months. Well, given your vagueness about how much lifetime is exactly, a couple of years may turn out to be one too many in your calendar

@deisik Just curious about it, do you got any reason for doing so?
Any cashback bonus, any wagered contest run or you are doing for fun?

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April 29, 2020, 09:11:35 PM
 #42

but you can't play a billion times during your lifetime

That's actually not correct

Within a few months I made, let me count, one, two, three... yeah, 31392329 bets in total at wolf.bet, i.e. over 31M bets. In this manner, if you play nonstop in auto-mode using safe settings (so that you don't get busted in the process) and making like 4-5 bets a second, you could actually notch up over 1 billion bets in a couple of years, give or take a few months. Well, given your vagueness about how much lifetime is exactly, a couple of years may turn out to be one too many in your calendar

@deisik Just curious about it, do you got any reason for doing so?
Any cashback bonus, any wagered contest run or you are doing for fun?

There was plenty of reason for doing that

Basically, I was running a martingale setup whose purpose was to prove that martingale is a simple, workable strategy if employed wisely and cautiously (for more info see here). Essentially, the effort was to show that the randomness of the games of chance (e.g. dice) can be effectively used against the house itself (i.e. the casino). In lay terms, it means that you can earn some dough in the process in a pretty risk-free and consistent manner (as long as the casino stays fair and you not greedy)

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April 29, 2020, 09:32:20 PM
 #43

but you can't play a billion times during your lifetime

That's actually not correct

Within a few months I made, let me count, one, two, three... yeah, 31392329 bets in total at wolf.bet, i.e. over 31M bets. In this manner, if you play nonstop in auto-mode using safe settings (so that you don't get busted in the process) and making like 4-5 bets a second, you could actually notch up over 1 billion bets in a couple of years, give or take a few months. Well, given your vagueness about how much lifetime is exactly, a couple of years may turn out to be one too many in your calendar

@deisik Just curious about it, do you got any reason for doing so?
Any cashback bonus, any wagered contest run or you are doing for fun?

There was plenty of reason for doing that

Basically, I was running a martingale setup whose purpose was to prove that martingale is a simple, workable strategy if employed wisely and cautiously (for more info see here). Essentially, the effort was to show that the randomness of the games of chance (e.g. dice) can be effectively used against the house itself (i.e. the casino). In lay terms, it means that you can earn some dough in the process in a pretty risk-free and consistent manner (as long as the casino stays fair and you not greedy)

so have you got any data on how much you made in the months that you were doing the experiment? and was the amount earned worth the time considering how low the bet might have been in order to make the strategy risk free? I know you posted a link for more info but I am just too lazy to read all through the 9 pages of that thread.

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April 30, 2020, 08:48:47 AM
 #44

It is interesting that the OP have something to be busy about rather than thinking negatively the odds or this situation we have right now with the pandemic Coronavirus. It will be interesting to see once the OP have fully accomplished the challenge of $500 to $30,000 duly by gambling. I think it will take quite sometime depending on his luck and the way he strategize his management on doing bets. I am looking forward to see how many days will it take him to finish his own challenge and the journey he would take to get along on finishing the challenge. Well, it is a good time waster specially for those who are already bored at home to try your luck on gambling and see if you were lucky enough to make money until the end of this pandemic.
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April 30, 2020, 11:54:30 AM
Last edit: April 30, 2020, 12:18:38 PM by deisik
 #45

Basically, I was running a martingale setup whose purpose was to prove that martingale is a simple, workable strategy if employed wisely and cautiously (for more info see here). Essentially, the effort was to show that the randomness of the games of chance (e.g. dice) can be effectively used against the house itself (i.e. the casino). In lay terms, it means that you can earn some dough in the process in a pretty risk-free and consistent manner (as long as the casino stays fair and you not greedy)

so have you got any data on how much you made in the months that you were doing the experiment? and was the amount earned worth the time considering how low the bet might have been in order to make the strategy risk free? I know you posted a link for more info but I am just too lazy to read all through the 9 pages of that thread

You don't need to read all the pages of that thread

Technically, you don't even need to read anything at all there. Just browse the last few pages and look for the screenshots I posted reflecting the milestones of my martingale journey. I started with free dogecoins, which are available through the 7-day streak faucet at wolf.bet, and earned around 100 dollars in total

I can't actually say that it was a risk-free strategy at first as I was on the verge of busting a couple of times, but then, as my profits grew, I became more and conservative as well as risk-aware. Since I was running autobet, the time was a non-issue obviously, even though I was taking a peek at how things were going on there now and then

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April 30, 2020, 12:19:34 PM
Last edit: April 30, 2020, 10:14:31 PM by TrumpBets
 #46

bet from yesterday

29/04/2020:

https://imgur.com/a/buOOh8O

put my chips in during first game on the whole series; ended up being a clean sweep for fpx so pretty happy with the bet


30/04/2020


https://imgur.com/a/1gGSTmT

3 bets for today

out of the 3 i liked the one that i lost the most, gamerlegion had so many opportunities to close out the game. At one point I had the option to cash out for double but I hesitated for a second and couldn't for the rest of the game. By far the biggest value bet.

the challenge is going much better than i have anticipated but next tuesday there is a one month break for LoL games so i might switch to csgo but there will be way less games that im going to pick for the challenge

current bankroll: 2775.62


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May 01, 2020, 02:23:14 AM
 #47

I have to admit that looking at your bets OP it indeed looks like you know what you are doing and literally almost mastered your strategy.

A few weeks ago we have discussed esports betting in one of the threads and I was totally skeptical about the possibility to achieve positive ROI when betting on esports bets.

OP proved to me already that I was totally wrong. I have read that you played a lot and were involved in esports, but I want to ask a few questions about the insides of your betting if possible?

How you choose the winning teams? Are you following all tournaments and matches? Read some articles? Where you find the needed information about players, teams?


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May 01, 2020, 05:02:23 AM
 #48

Basically, I was running a martingale setup whose purpose was to prove that martingale is a simple, workable strategy if employed wisely and cautiously (for more info see here). Essentially, the effort was to show that the randomness of the games of chance (e.g. dice) can be effectively used against the house itself (i.e. the casino). In lay terms, it means that you can earn some dough in the process in a pretty risk-free and consistent manner (as long as the casino stays fair and you not greedy)

so have you got any data on how much you made in the months that you were doing the experiment? and was the amount earned worth the time considering how low the bet might have been in order to make the strategy risk free? I know you posted a link for more info but I am just too lazy to read all through the 9 pages of that thread

You don't need to read all the pages of that thread

Technically, you don't even need to read anything at all there. Just browse the last few pages and look for the screenshots I posted reflecting the milestones of my martingale journey. I started with free dogecoins, which are available through the 7-day streak faucet at wolf.bet, and earned around 100 dollars in total

I can't actually say that it was a risk-free strategy at first as I was on the verge of busting a couple of times, but then, as my profits grew, I became more and conservative as well as risk-aware. Since I was running autobet, the time was a non-issue obviously, even though I was taking a peek at how things were going on there now and then

But I still ended up reading most of it after you mentioned there were screenshots of your results. it was an interesting and great thread and I learned a lot. I'm glad you had a successful experiment. is there a chance that you might do this again on a different altcoin? also, it's such a shame that crypto-games only allow 1 dogecoin as the minimum bet. it would have been interesting to see how much difference the outcome might have been

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May 01, 2020, 08:45:01 AM
 #49

But I still ended up reading most of it after you mentioned there were screenshots of your results. it was an interesting and great thread and I learned a lot. I'm glad you had a successful experiment. is there a chance that you might do this again on a different altcoin? also, it's such a shame that crypto-games only allow 1 dogecoin as the minimum bet. it would have been interesting to see how much difference the outcome might have been

So as not to derail this thread anymore, see my reply here

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May 01, 2020, 09:33:57 AM
 #50

I see you are not using the strategy on going all-in every bet in a "safe bet" so my previous table won't work anymore.

How do you choose the import and how many bets you are doing per day?

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May 01, 2020, 04:35:46 PM
 #51

I see you are not using the strategy on going all-in every bet in a "safe bet" so my previous table won't work anymore.

How do you choose the import and how many bets you are doing per day?

i dont have a certain amount set in stone
sometimes there could be tons of games and i still won't bet
inaction is action as well Smiley
it just all depends if i see something valuable to bet on or not
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May 01, 2020, 09:44:08 PM
 #52

01/05:

https://imgur.com/a/u9u6wOw

1 small bet, nothing out of ordinary  Grin


current bankroll: 3083.95
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May 01, 2020, 10:15:54 PM
 #53

I see you are not using the strategy on going all-in every bet in a "safe bet" so my previous table won't work anymore.

How do you choose the import and how many bets you are doing per day?

i dont have a certain amount set in stone
sometimes there could be tons of games and i still won't bet
inaction is action as well Smiley
it just all depends if i see something valuable to bet on or not
I can say that you're doing well in this one.Keep continuing and you might able to built up
some reputation on here and would gain up some potential followers in case.

current bankroll: 3083.95
Would have a heartattack with this kind of all-in bet 2.7k euro. WTF!
Good luck and hope this would last long. Havent you consider on pulling out some profits? Like getting your initial capital?
In case you bust up then you do at least secure out that 500 bucks.
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May 02, 2020, 10:06:53 AM
 #54

https://imgur.com/a/RlnlLwo

shoutout to fortbettor for the first bet, i really liked his analysis and followed his bet

link to his thread for the analysis
https://bitcointalk.org/index.php?topic=5243376.0


I see you are not using the strategy on going all-in every bet in a "safe bet" so my previous table won't work anymore.

How do you choose the import and how many bets you are doing per day?

i dont have a certain amount set in stone
sometimes there could be tons of games and i still won't bet
inaction is action as well Smiley
it just all depends if i see something valuable to bet on or not
I can say that you're doing well in this one.Keep continuing and you might able to built up
some reputation on here and would gain up some potential followers in case.

current bankroll: 3083.95
Would have a heartattack with this kind of all-in bet 2.7k euro. WTF!
Good luck and hope this would last long. Havent you consider on pulling out some profits? Like getting your initial capital?
In case you bust up then you do at least secure out that 500 bucks.
i wont be withdrawing any money until the challenge is completed - unless i have to change from bookie due to XYZ reason.
this is because i dont want to complicate things and i want to stay as transparant as possible
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May 03, 2020, 08:28:04 AM
 #55

bets from yesterday were a succes

02/05/2020:

https://imgur.com/a/m52Acvk

credit goes to fortbettor - I posted a link to his thread earlier (provided great analysis which convinced me to follow his line)
second bet played out perfectly, betted against Top's early game draft and JDGs late game comp. Couldn't have chosen a better odd for that game



current bankroll: 4446,45
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May 03, 2020, 02:35:15 PM
 #56

~
I remember we have already discussed this matter, and recently you have been forwarded to my topic where I actually show real-life stats proving that after 100k bets luck, as the only force opposing the house edge, becomes utterly irrelevant and inconsequential. Simply put, 1 billion bets, whether made by a single player or by a crowd of countless players, is a massive overkill in this regard

Then how would you explain that some people are in overall profit after making millions of bets on dice sites? Do you think all of them are using some kind of sophisticated betting strategy, something like that "Martingale-DOGE" one of yours? Or how else could they beat the house edge, if not by pure luck?


bets from yesterday were a succes

02/05/2020:

https://imgur.com/a/m52Acvk

credit goes to fortbettor - I posted a link to his thread earlier (provided great analysis which convinced me to follow his line)
second bet played out perfectly, betted against Top's early game draft and JDGs late game comp. Couldn't have chosen a better odd for that game



current bankroll: 4446,45

You've been making a good progress so far. Congrats! Going to keep following this thread. Very interesting.

One question, though. Are the bets we can see in this thread constitute all of your bets made since the April 25 on that particular site, or some of them may be missed?

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May 03, 2020, 03:27:09 PM
 #57

~
I remember we have already discussed this matter, and recently you have been forwarded to my topic where I actually show real-life stats proving that after 100k bets luck, as the only force opposing the house edge, becomes utterly irrelevant and inconsequential. Simply put, 1 billion bets, whether made by a single player or by a crowd of countless players, is a massive overkill in this regard

Then how would you explain that some people are in overall profit after making millions of bets on dice sites? Do you think all of them are using some kind of sophisticated betting strategy, something like that "Martingale-DOGE" one of yours? Or how else could they beat the house edge, if not by pure luck?

I replied to your post here

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May 03, 2020, 04:39:00 PM
 #58

~
I remember we have already discussed this matter, and recently you have been forwarded to my topic where I actually show real-life stats proving that after 100k bets luck, as the only force opposing the house edge, becomes utterly irrelevant and inconsequential. Simply put, 1 billion bets, whether made by a single player or by a crowd of countless players, is a massive overkill in this regard

Then how would you explain that some people are in overall profit after making millions of bets on dice sites? Do you think all of them are using some kind of sophisticated betting strategy, something like that "Martingale-DOGE" one of yours? Or how else could they beat the house edge, if not by pure luck?


bets from yesterday were a succes

02/05/2020:

https://imgur.com/a/m52Acvk

credit goes to fortbettor - I posted a link to his thread earlier (provided great analysis which convinced me to follow his line)
second bet played out perfectly, betted against Top's early game draft and JDGs late game comp. Couldn't have chosen a better odd for that game



current bankroll: 4446,45

You've been making a good progress so far. Congrats! Going to keep following this thread. Very interesting.

One question, though. Are the bets we can see in this thread constitute all of your bets made since the April 25 on that particular site, or some of them may be missed?

i have posted an image of every bet that i made since the start of my challenge, so no bets are missing.
I will be using just this one account and i wont be withdrawing nor adding any money during this challenge
however i do make other bets on other platforms in the meantime which are not included in here
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May 05, 2020, 12:18:02 PM
 #59

~
i have posted an image of every bet that i made since the start of my challenge, so no bets are missing.
I will be using just this one account and i wont be withdrawing nor adding any money during this challenge
however i do make other bets on other platforms in the meantime which are not included in here

Bets on other platforms don't matter. What matters is the accuracy in the numbers regarding your betting on this platform. I checked all of them myself, and I can say that they are accurate so far.

For the convenience of the readers I decided to create the following table:


BET#. DATE - Initial bankroll -> Final bankroll

1. 25/04/2019 - 508.00 -> 677.33

2. 26/04/2019 - 677.75 -> 982.59

3. 27/04/2020 - 982.59 -> 1,375.62

4. 28/04/2020 - 1,375.62 -> 875.62

5. 28/04/2020 - 875.62 -> 1,425.62

6. 29/04/2020 - 1,425.62 -> 1,925.62

7. 30/04/2020 - 1,925.62 -> 2,550.62

8. 30/04/2020 - 2,550.62 -> 3,025.62

9. 30/04/2020 - 3,025.62 -> 2,775.62

10. 01/05/2020 - 2775.62 -> 3,083.33

11. 02/05/2020 - 3083.95 -> 3,508.95

12. 02/05/2020 - 3508.95 -> 4,446.45

Starting bankroll: 508.00
Current bankroll: 4,446.45


I think it would be great if you would post this table in the end of each post from now on(you can improve it of course Smiley ), adding new rows to it, so that the readers could see your progress without going through the whole thread.

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May 05, 2020, 12:41:52 PM
 #60

TrumpBets, after you have reached your goal, will you plan to continue or you will withdraw all the winnings ? Cheesy
So far you are doing great and gaining "x" more stable that cryptocurrency.

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OFFICIAL EUROPEAN
BETTING PARTNER OF
ASTON VILLA FC
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10%   CASHBACK   
          100%   MULTICHARGER   
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