My $300 bet won $417,000

[jostorres]

Actually this has nothing to do with gamblers and traders but in fact trading and gambling are almost the same referring to luck but have differences.
Gambling uses predictions, strategies and tactics but trading uses slightly complicated analysis.
But back to the contents of the first thread that all of this is actually based on the luck we will get.
As OP said that he was very lucky to get a big win from the bet he placed and we ourselves are not necessarily as lucky as him even though we have tried several times.

This has to do with gambling because this was the topic here but I don't know why they suddenly insert trading here. Since we are already here, I will just go on with the flow. Gambling and trading are not the same in terms of luck. In gambling, we only have a tiny luck but in trading, we can increase our luck percentage depending on our skill.

Complicated analyses that are mostly seen in trading can possibly be applied in gambling if the one that we are playing is sports betting. If you think you are not lucky as the OP, maybe gambling for profit is not really for you? But you can always enjoy gambling only to get entertained.

[nullama]

~snip~
This has to do with gambling because this was the topic here but I don't know why they suddenly insert trading here. Since we are already here, I will just go on with the flow. Gambling and trading are not the same in terms of luck. In gambling, we only have a tiny luck but in trading, we can increase our luck percentage depending on our skill.

Complicated analyses that are mostly seen in trading can possibly be applied in gambling if the one that we are playing is sports betting. If you think you are not lucky as the OP, maybe gambling for profit is not really for you? But you can always enjoy gambling only to get entertained.

Trading is basically gambling, if you just see the prices and want to buy and sell hoping to earn money.

Companies like brokers earn their money from trader's fees just like casinos earn their money from gamblers.

Investing is a different thing though, where you acquire an asset you think will appreciate over time.

[Mr. Magkaisa]

Again, I can't emphasize this enough! The sight of such a remarkable accomplishment being accomplished by another person is inspiring. Remember that reaching your goals frequently requires stretching yourself beyond of your comfort zone. It's true that not everyone has the financial means to take such high-stakes risks, but we can all learn a lesson from this player's dogged perseverance and ability. It's a reminder that success isn't automatic, but that with dedication and tenacity, everything is possible.

This sort of accomplishment doesn't move me that much....in the sense that it's gonna come once in a long while.. (usually unexpected), so I totally disagree with the fact that being dedicated and tenacious could POSITIVELY fetch something good at the end of the day, without any RISK involved at all, or does it?? Cus that's atleast the way I see it. It only serves as some random trials, since you ain't even certain about having a winning over any game wagered... So it definitely cuts sometimes, for some set of Lucky peeps, Not everyone. It might get too hard for anyone else.

Sandra 🧑‍🦰

   -   It's true what you mentioned mate, that's why most regular gamblers who enter a casino only go home losers and very few win.

Because if most gamblers win a game, it's likely that a casino will go bankrupt in a matter of hours. So what probably happened to OP is that he got lucky and got that big prize. I hope the same luck happens to me in gambling.

[Betwrong]

I missed this thread. Lucky me this resurfaced.

You are a f**cking legend! You truly deserved it. I'm amazed at how you carefully placed your bets. You definitely have the discipline to only bet on matches that you are almost certain of the outcome.

I'm really amazed at your style. Really thanks for sharing your story. But I'm not saying I'm inspired to bet, especially with a parlay with 19 legs. My god, I can't imagine betting on as many matches as that in a multi-bet. You really are a bloody legend!

Why not? If your bet size is just $0.20, why not risk it and potentially, although with an extremely low probability, you can win $450+ USD.

$0.2 × 2268.62 = $453.724

I personally like placing similar bets, especially if I can bet with as little as $0.10. It's like buying a lottery. It's fun. And it's completely in accordance with my rules: don't risk more than you can afford to lose. I mean, even a hundred of such bets is.

[maydna]

   -   It's true what you mentioned mate, that's why most regular gamblers who enter a casino only go home losers and very few win.

Because if most gamblers win a game, it's likely that a casino will go bankrupt in a matter of hours. So what probably happened to OP is that he got lucky and got that big prize. I hope the same luck happens to me in gambling.

Most gamblers do not mean all gamblers and not many gamblers can win big money. But indeed some people are very lucky in playing gambling and can get big wins like @OP, which rarely happens to many people. Let's hope we get as lucky as @OP, who earns a lot of money.

But we also must realize that gambling like that has risks and will increase according to the capital we use. And when we place many bets, we are ready for the results later.

[nullama]

~snip~
Most gamblers do not mean all gamblers and not many gamblers can win big money. But indeed some people are very lucky in playing gambling and can get big wins like @OP, which rarely happens to many people. Let's hope we get as lucky as @OP, who earns a lot of money.

But we also must realize that gambling like that has risks and will increase according to the capital we use. And when we place many bets, we are ready for the results later.

If you think about it in mathematical terms, at the end of the day it's a losing game. Imaging having a coin toss with say 40% chances of you winning and 60% of you losing.

Would you play that?

That's what the casinos do in the end, they try to complicate things but show them as apparently easy to win.

[Japinat]

~snip~
Most gamblers do not mean all gamblers and not many gamblers can win big money. But indeed some people are very lucky in playing gambling and can get big wins like @OP, which rarely happens to many people. Let's hope we get as lucky as @OP, who earns a lot of money.

But we also must realize that gambling like that has risks and will increase according to the capital we use. And when we place many bets, we are ready for the results later.

If you think about it in mathematical terms, at the end of the day it's a losing game. Imaging having a coin toss with say 40% chances of you winning and 60% of you losing.

Would you play that?

That's what the casinos do in the end, they try to complicate things but show them as apparently easy to win.

High risk and high reward is normal in gambling. In this case, it was a parlay bet, and the edge is not really on the bettors. However, @OP was strong enough to risk a decent amount of money for a huge return, and they deserve their win. At least with sports betting, the house edge should be lower than other types of gambling, which is why the sports betting industry is the biggest in the gambling industry.

[rodskee]

This sort of accomplishment doesn't move me that much....in the sense that it's gonna come once in a long while.. (usually unexpected), so I totally disagree with the fact that being dedicated and tenacious could POSITIVELY fetch something good at the end of the day, without any RISK involved at all, or does it?? Cus that's atleast the way I see it. It only serves as some random trials, since you ain't even certain about having a winning over any game wagered... So it definitely cuts sometimes, for some set of Lucky peeps, Not everyone. It might get too hard for anyone else.

Sandra 🧑‍🦰

luck will only come occasionally over a very long period of time and usually comes unexpectedly. but like the OP who shared a story about a big win never hurts to inspire others to believe in every bet and of course don't hope too much to get big luck and bet responsibly.
to be honest, after seeing the experiences shared by the OP, I am more and more convinced that big wins and good fortune will come to me sometime in the future, even though I have spent a lot of money before.
and I'm sure, luck will come.

it is depend on the person because there are some people that truly a luck friendly and they gonna win more times than usual gamblers so it is either they are luckier than us or they will not.
and big fortune in gambling comes only once in a  million chance.

[coinerer]

This sort of accomplishment doesn't move me that much....in the sense that it's gonna come once in a long while.. (usually unexpected), so I totally disagree with the fact that being dedicated and tenacious could POSITIVELY fetch something good at the end of the day, without any RISK involved at all, or does it?? Cus that's atleast the way I see it. It only serves as some random trials, since you ain't even certain about having a winning over any game wagered... So it definitely cuts sometimes, for some set of Lucky peeps, Not everyone. It might get too hard for anyone else.

Sandra 🧑‍🦰

luck will only come occasionally over a very long period of time and usually comes unexpectedly. but like the OP who shared a story about a big win never hurts to inspire others to believe in every bet and of course don't hope too much to get big luck and bet responsibly.
to be honest, after seeing the experiences shared by the OP, I am more and more convinced that big wins and good fortune will come to me sometime in the future, even though I have spent a lot of money before.
and I'm sure, luck will come.

it is depend on the person because there are some people that truly a luck friendly and they gonna win more times than usual gamblers so it is either they are luckier than us or they will not.
and big fortune in gambling comes only once in a  million chance.

Luck doesn't always work for everyone.  Fortune suddenly brings great things to someone. So you cannot say that luck is always friendly to a specific person. Op's story is one of the few I've heard of such a big winning story. But there are records that many won big amounts but could not keep holding it. They lost that money again through gambling.  In this case the person's luck is to do good things at first, but bad things later

[l3pox]

Congratulations. That was an unbelievable feat. Just this week I tried doing multi bets although I included some matches and sports that I already didn't watch closely. After losing some tickets, I gave up. But after reading this inspiring story, I am thinking of doing it again. And just like everyone else, I am curious if you will share your next multi-bets. I'll give it a try and see if I can get some of your luck.

Don’t panic and jump in to the gamble by just reading someone story. If you jump into gambling only by hearing other people's stories, it will bring you bigger losses.  You will never win big prizes by following other people's stories.  Big prizes are not always won.  It suddenly gets to someone. You can get it too, but neither you nor anyone knows when.  You can try but never panic. Keep gambling with a cool mind

No worries. I never panic about anything mate. And I won't just jump completely without checking it. And besides, if I ever follow OP's bets, it will be very small amounts that won't hurt my feelings if it loses. It would be dumb if people believes that there is such a thing as called sure-bets. Multi-bets are the most difficult in sports betting so we better expect their low chances of winning. Maybe $10 or a little more or less will be my range. If a $300 ticket can win $417k then a $10 ticket can probably get $10k when lucky.

That's right. We should not forget that gambling has only only two sides, it's either you win or lose. There's no such thing as draw as you will just have either one of the outcome at the end of the day, why? I don't think that you will stop betting once your bets hit the draw mark, chances are that you will still continue until you will end the day with losses or wins.
Mostly importantly, you cannot achieve big hits if you're following someone's shadow. If you feel that you're lucky, then go for it. Don't go and start betting if you will just trust your fate in other person's hand.

I'd say there are 4 sides, not only two

win big
win small
loose big
loose small

as in trading avoiding big losses is a must if you want to stay in the game

patience and emotional control plays a big role in the game

Whatever you label it mate, it will still go back to only 2 sides just like a coin. It doesn't matter if you win big, win small, lose big and lose small as defeats are still defeats as well as wins are still a win no matter what angle you're trying to see it.

And actually, we cannot really compare betting towards trading because it's a two different kind. Trading requires experience and learning but for betting, not really. It's just a battle of luck especially if it's just a casino games but for sports betting, that's also a different one.

Trading and gambling are very far unless you are just trading using luck and without any knowledge or experience at all like flipping a coin to decide what trade you will tick into. Though gambling of it needs strategy and also experience like card games still it is all about luck, the main difference is that trading is for profit, business and investment but gambling, is for fun and it is difficult to make a living from it, unlike trading and also in all aspects patience and controling emotions is a must to be successful

Trading without knowledge is just like throwing your money into gambling with no direction , I hate those people that treat trading as like gambling because in gambling we are depending in Luck while in trading we depend in our understanding and researches .
way that truly far from comparing .
in how many years of being here in crypto? i fully understand that trading is not for all people while gambling is for everyone.

when I mention that trading and gambling have crossovers and similarities I'm not saying they're the same thing
they're definitely different
you can approach gambling with strategy and you can surf luck weaves in trading
I agree that gambling has a wider reach of audience than trading that is for few (few people will be able to master it)

not even sure if it makes sense to thing about "mastering gambling"

[TheGreatPython]

High risk and high reward is normal in gambling. In this case, it was a parlay bet, and the edge is not really on the bettors. However, @OP was strong enough to risk a decent amount of money for a huge return, and they deserve their win. At least with sports betting, the house edge should be lower than other types of gambling, which is why the sports betting industry is the biggest in the gambling industry.

There is no house edge in sports betting, what do you mean by it should be lower than other types of gambling? How can sports betting have a house edge when the result isn't generated through an algorithm or a program but it depends on the game being played in reality by the teams or players?

OP deserved the wins because he probably had enough knowledge and had surely done some research before placing the bets. The accuracy was perfect for him to hit the jackpot, and that's because he knew what he is doing.

[nullama]

~snip~
There is no house edge in sports betting, what do you mean by it should be lower than other types of gambling? How can sports betting have a house edge when the result isn't generated through an algorithm or a program but it depends on the game being played in reality by the teams or players?

OP deserved the wins because he probably had enough knowledge and had surely done some research before placing the bets. The accuracy was perfect for him to hit the jackpot, and that's because he knew what he is doing.

The odds for payout are calculated to maximize winnings for the house.

For example, if a team has double the chances to win, then the house instead of paying you 2X, they will offer to pay 1.9X for example.

That means that over a long period of time, they pay you less for the amount of risk you're taking.

Imaging that you're doing a coin flip and you guess what side of the coin will be selected, if you guess it right, I pay you slightly less than your bet. Over the long term you'll run out of money, because your expected return is negative.

[Silberman]

~snip~
There is no house edge in sports betting, what do you mean by it should be lower than other types of gambling? How can sports betting have a house edge when the result isn't generated through an algorithm or a program but it depends on the game being played in reality by the teams or players?

OP deserved the wins because he probably had enough knowledge and had surely done some research before placing the bets. The accuracy was perfect for him to hit the jackpot, and that's because he knew what he is doing.

The odds for payout are calculated to maximize winnings for the house.

For example, if a team has double the chances to win, then the house instead of paying you 2X, they will offer to pay 1.9X for example.

That means that over a long period of time, they pay you less for the amount of risk you're taking.

Imaging that you're doing a coin flip and you guess what side of the coin will be selected, if you guess it right, I pay you slightly less than your bet. Over the long term you'll run out of money, because your expected return is negative.

Yes, there is a house edge on sports bets and it follows the same logic as in any other gambling game, as in your example if we were to flip a coin and every time you made a one dollar bet and you won you received one additional dollar then this would be a fair game, since your EV is zero, however if instead of paying you the dollar I paid you 0.98 dollars this will mean that you will lose 1 cent on average on each flip of a coin, or one dollar for each 100 flips of a coin if you kept making a one dollar bet.

[slapper]

~snip~
There is no house edge in sports betting, what do you mean by it should be lower than other types of gambling? How can sports betting have a house edge when the result isn't generated through an algorithm or a program but it depends on the game being played in reality by the teams or players?

OP deserved the wins because he probably had enough knowledge and had surely done some research before placing the bets. The accuracy was perfect for him to hit the jackpot, and that's because he knew what he is doing.

The odds for payout are calculated to maximize winnings for the house.

For example, if a team has double the chances to win, then the house instead of paying you 2X, they will offer to pay 1.9X for example.

That means that over a long period of time, they pay you less for the amount of risk you're taking.

Imaging that you're doing a coin flip and you guess what side of the coin will be selected, if you guess it right, I pay you slightly less than your bet. Over the long term you'll run out of money, because your expected return is negative.

Fascinating! The house appears to always win. They maintain revenue by paying payments significantly below the odds. But who wants to win when you can lose in style?! I suggest purposely betting against the odds to see how much you can lose. Wallet reverse psychology! . Who needs a positive expected return when a negative one is fun? It's crucial to gamble responsibly and recognize the hazards. If you play, make sure you can lose without hurting your finances. There are many ways to have fun and enjoy life without gambling.

[EarnOnVictor]

~snip~
There is no house edge in sports betting, what do you mean by it should be lower than other types of gambling? How can sports betting have a house edge when the result isn't generated through an algorithm or a program but it depends on the game being played in reality by the teams or players?

OP deserved the wins because he probably had enough knowledge and had surely done some research before placing the bets. The accuracy was perfect for him to hit the jackpot, and that's because he knew what he is doing.

The odds for payout are calculated to maximize winnings for the house.

For example, if a team has double the chances to win, then the house instead of paying you 2X, they will offer to pay 1.9X for example.

That means that over a long period of time, they pay you less for the amount of risk you're taking.

Imaging that you're doing a coin flip and you guess what side of the coin will be selected, if you guess it right, I pay you slightly less than your bet. Over the long term you'll run out of money, because your expected return is negative.

Fascinating! The house appears to always win. They maintain revenue by paying payments significantly below the odds. But who wants to win when you can lose in style?! I suggest purposely betting against the odds to see how much you can lose. Wallet reverse psychology! . Who needs a positive expected return when a negative one is fun? It's crucial to gamble responsibly and recognize the hazards. If you play, make sure you can lose without hurting your finances. There are many ways to have fun and enjoy life without gambling.

One thing that is certain is that the "house always wins," no matter how we tried or make the best in a reverse manner, the house will win. One thing that people don't know is that the program has been done in their favour and no matter the tactics anyone could come up with to defeat the house would certainly be blocked. The professionals working things for the house are expert in the field, so no one will gain more than the house want them to gain even if they bet on the opposite.

Also, I agree, no responsible person will want to take gambling as a do-or-die means to make money, they should surely look for an honourable way of earning for a better living.

[348Judah]

Have you considered if given odds for people to use and things doesn't work as expected for them, prediction isn't that accurate most times and i understand maybe you've got a website running with such service OP, not bad to choose since the results is evident in your own experience as well, gamblers have one or two things to pick up from your experience but the sad thing is not not everyone will get your same kind of result, that's why it all involves taking risk to winning or loosing when gambling.

[doomloop]

The odds for payout are calculated to maximize winnings for the house.

For example, if a team has double the chances to win, then the house instead of paying you 2X, they will offer to pay 1.9X for example.

That means that over a long period of time, they pay you less for the amount of risk you're taking.

Imaging that you're doing a coin flip and you guess what side of the coin will be selected, if you guess it right, I pay you slightly less than your bet. Over the long term you'll run out of money, because your expected return is negative.

I understand that they take a portion of the winnings but that doesn't represent the kind of edge that a casino has over a player that gives them an advantage for a win. A house edge in casino games generally gives the house a percentage of advantage over the player where their chances of winning become higher.

So in sports betting, what I meant, is that a player can only win or lose a bet based on the outcome of the game which is not controlled by the casino or any mathematical calculation or algorithm.

[Alisha-k]

Amazing story. These are the stories that make people play even more because you cannot know when will you hit the jackpot and wake up a millionaire the next day.

Freebitco.in also have these bets for the events in the far future (like the elections) and I played them before. They work flawlessly. If you are into that kind of betting, you should try them.

I have a few bets totalling over $30,000 on Donald Trump to win the Republican Nomination next year. I think he will comfortably beat DeSantis so fingers crossed.

Great Idea. I also made a bet for Donald's first election in 2016 and I won that bet. I tried the same thing later for the election in 2020 but I lost that one. It is gambling in the end. To me, he deserved to win the last election too but somehow that demented fuck won it without even leaving his basement. ¯\_(ツ)_/¯ Well... shit happens.

Hopefully this time we will get it right.

I thought the whole rigging of election was limited to my country and probably the Africa countries, never knew it's witnessed  America as well.
I placed 5k bet with high hopes that the nation would be obedient by now and even if it was clear to the blind that he won, the still had a way of robbing us off our rights.

We'll be better in the long run, that's my belief

[nullama]

~snip~
I thought the whole rigging of election was limited to my country and probably the Africa countries, never knew it's witnessed  America as well.
I placed 5k bet with high hopes that the nation would be obedient by now and even if it was clear to the blind that he won, the still had a way of robbing us off our rights.

We'll be better in the long run, that's my belief

At the end of the day corruption is everywhere in the world, you just need to constantly fight against it.

There's also the perception of corruption from the public, which sometimes helps reducing it if everyone thinks it's low, or on the other hand helps it increase if everyone thinks that "everyone else is doing it".

A bit similar to the prisoner's dilemma.

[rodskee]

that is correctly mentioned mate as OP seems to be one of the luckiest person in online gambling lol.

though i wanna follow his bets lucky for me that i did not go to Nuggets as he fail about that one 

but willing to look for His posts as I know by chance i will win big with him , congrats again for this huge win from that not so small amount of bets.

I thought Op told about his latest bet in this thread it turns out he posted it in another thread so if you want to follow his betting choices you have to check his posts often, thank goodness you didn't follow his choices in NBA betting but that's because it turns out the choice was wrong but there will be regrets if the result is in fact otherwise, but I prefer to bet based on my own choice even though he was quite successful in making his money continue to grow but the wrong choice is still possible.

lucky me right? 

but for sure I will check each post he will put in here for better understanding and of course the chance to make money in such a way.

OP seems to truly understand gambling specially in sports betting so having this will help me have also a chance to bet with him and of course to earn at least.