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Author Topic: Gambler turns 60 pence bet into £157,865.59  (Read 861 times)
Silberman
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May 21, 2022, 04:51:28 PM
 #141

I don't know if you live in a poor area within Indonesia where the average salary and cost of living is even lower but it doesn't seem to be enough for you to retire. Or is it that you had not done the math.

I'm from Indonesia as well and I have to say that $200k is absolutely a huge amount but I will not retire or stop working if I win that amount.
Any cost is increased from time to time and I do believe that if I do nothing and rely on that money only, it wont be enough till I'm old.
It is fine to retire but there should be follow up action such as building our own business with the winning money.

200k is a decent amount almost everywhere but it is also not enough to retire, if anything it is an incredibly seed capital from which you can build a bright future for yourself, for example you could buy 6.6 BTC with that money and even the lowest prediction for the next bull market will have us reaching at least 100k meaning that you can multiply that capital in just a few years my more than 230%, and if you are willing to hold your coins for the long term then the profits you can get are even higher than that.
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May 21, 2022, 05:09:03 PM
 #142

Its so lucky he could write a book on it or a regular newspaper column because clearly he knows his stuff to get all the games right when some can barely guess any results beyond random picks.      Depends where you retire but 200k is a starter for a pension and then you need it to grow over a couple decades or he could just buy a house and save himself rent that way; its a decent amount but depends on where you live and the costs you pay.

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famososMuertos
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May 21, 2022, 07:29:22 PM
 #143

...//...,,,

The odds were 263.109/1. This means that for every million bets placed with such odds, approximately 4 will be winning. Given the fact that millions of betters make hundreds of millions of bets every week and so on for months / years, such events are inevitable. Few people are fond of such huge odds, but there are such amateurs, so from time to time we see such news.

That's how it is! It's just that, in reality who hasn't made a crazy parley looking to get it right.  Cool

Last year a gambler from the UK got this prize:

https://www.espn.com/chalk/story/_/id/31732427/london-based-bettor-wins-136-million-six-leg-parlay-harris-english-putt

This is the most insane winning parlay I've ever seen.  And with the last leg resting on a golf match that went deep into a playoff.  Would have had a heart attack watching myself

Best parlay ypu ever won or seen a story on?

We needed the classic story of the compulsive gambler this year here (BTT).  Smiley

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molsewid
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May 21, 2022, 10:06:00 PM
 #144

200k is a decent amount almost everywhere but it is also not enough to retire, if anything it is an incredibly seed capital from which you can build a bright future for yourself, for example you could buy 6.6 BTC with that money and even the lowest prediction for the next bull market will have us reaching at least 100k meaning that you can multiply that capital in just a few years my more than 230%, and if you are willing to hold your coins for the long term then the profits you can get are even higher than that.

I hope I am just lucky like him, I bet he will try to gamble again with this money I hope he will not spend it all and save a little. With that big amount of money he get, he can buy bitcoins or eth but it will depends on what will be his plan, he can buy investment for long term and he can retire if he wants to once his coins price gets back to its place. But then I think he will going to play again after this.
Fredomago
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May 22, 2022, 12:44:41 PM
 #145

Its so lucky he could write a book on it or a regular newspaper column because clearly he knows his stuff to get all the games right when some can barely guess any results beyond random picks.     

Sort good to sell your stories and gained more followers and readers, if he can provide articles or books on how he successfully predicts those picks that he has, even it's just a matter of luck or he really have some basis in doing a kind of parlay that leads him to win this huge amount of money. There are people who will follow and will also try to find that same luck that he enjoys.

Quote

Depends where you retire but 200k is a starter for a pension and then you need it to grow over a couple decades or he could just buy a house and save himself rent that way; its a decent amount but depends on where you live and the costs you pay.

That's huge money from my location. He can own a house and start a business with that amount. If he's wise enough to invest that money into other passive investment and allow his money to work for him.

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June 03, 2022, 12:45:49 AM
 #146

I don't know if you live in a poor area within Indonesia where the average salary and cost of living is even lower but it doesn't seem to be enough for you to retire. Or is it that you had not done the math.

I'm from Indonesia as well and I have to say that $200k is absolutely a huge amount but I will not retire or stop working if I win that amount.
Any cost is increased from time to time and I do believe that if I do nothing and rely on that money only, it wont be enough till I'm old.
It is fine to retire but there should be follow up action such as building our own business with the winning money.

200k is a decent amount almost everywhere but it is also not enough to retire, if anything it is an incredibly seed capital from which you can build a bright future for yourself, for example you could buy 6.6 BTC with that money and even the lowest prediction for the next bull market will have us reaching at least 100k meaning that you can multiply that capital in just a few years my more than 230%, and if you are willing to hold your coins for the long term then the profits you can get are even higher than that.

The truth is that I agree with your thinking, I would buy the BTC and I would have no doubt about enjoying something when it goes up to $100k or even much more, however, many may not see it that way, because they may want to buy everything they have wanted have and keep at least 1 or 2 BTC, which is not bad either, in my case I think that if I would hodl and put everything in BTC, I would have no doubt because I would see it as a much juicier option than just changing it to FIAT or buying house or investing in Real Estate, including buying gold or investing in the stock market.

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ethereumhunter
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June 03, 2022, 09:14:08 AM
 #147

200k is a decent amount almost everywhere but it is also not enough to retire, if anything it is an incredibly seed capital from which you can build a bright future for yourself, for example you could buy 6.6 BTC with that money and even the lowest prediction for the next bull market will have us reaching at least 100k meaning that you can multiply that capital in just a few years my more than 230%, and if you are willing to hold your coins for the long term then the profits you can get are even higher than that.

I hope I am just lucky like him, I bet he will try to gamble again with this money I hope he will not spend it all and save a little. With that big amount of money he get, he can buy bitcoins or eth but it will depends on what will be his plan, he can buy investment for long term and he can retire if he wants to once his coins price gets back to its place. But then I think he will going to play again after this.
Hopefully, he doesn't gamble again after that big win and just focuses on his life by starting a business that can earn him more money. By suggesting buying bitcoin, it can be useful for him because as a type of investment, bitcoin can provide great profits in the future. This allows him to retire early with more money in the future. But all that will depend on his plans and we can only guess what he will do in the future and hopefully, it will be good for him and his family.

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