Attempting to turn 0.05 BTC into 1.7 BTC

[danherbias07]

Well, you said you are not betting money that you cannot afford to lose. Plus, this might be a good experiment so who knows what could happen.

All I can say is I wish you good luck and I hope you will achieve that amount to help out with your medical school fees.
It will not be an easy road and I bet there will be losses that will happen on this path and the amount you are trying to achieve is way far. But like I said, we don't know what could happen and if lady luck is on your side then this will be a satisfying feat once you finish the race.

My tip is only to avoid betting emotionally. If you are a fan of one football team because they are your countrymen then forget that, prioritize gambling and don't let emotion get the better of you. Good luck.

[oktana]

It’s possible, it depends on your strategy. If you are throwing in all the money or a huge amount of it in each bet then you wouldn’t go far from your starting amount but if you split it into little amounts and for little bets, and you also know what selections you are making, then maybe you can get there. But I hope you’ve made peace with losing the money and won’t chase it if something went wrong.

[Queentoshi]

Hi everyone, I am going to attempt to turn 0.05 BTC into 1.7 BTC with football/soccer betting. I will be using this post as a journal for my bets.

The goal is to be able to pay for medical school so wish me luck! Feel free to follow or fade my bets! But always bet responsibly.

I'll be keeping up with this journal to see if you're successful in your attempts, but I will have to advise you again not like you've not heard it before that this approach is a terrible way to raise money for medical school because it is very unreliable and offers very little chance of success. Maybe you have considered this method because you think that it is a way faster raising money, you are not wrong but at the same time I hope you consider the risk because with the promise of quick gains comes high risk.

If you are successful getting to your target, you will start to see gambling as a way to make money, if you are not careful, you may also gamble your way out of med school due to addiction.

[tread93]

Hi everyone, I am going to attempt to turn 0.05 BTC into 1.7 BTC with football/soccer betting. I will be using this post as a journal for my bets.

The goal is to be able to pay for medical school so wish me luck! Feel free to follow or fade my bets! But always bet responsibly.

Starting Balance: 0.05 BTC

Bet #1: Colombia: Envigado FC - Real Cartagena FC | Over 3 | 0.025 BTC returns 0.06625 BTC
Bet Screenshot: https://imgur.com/a/Xn3BvXw

tips: bc1qgll9gt4gmf8rddnyynrdrmzq9qzv336w7yezce

I hope you get a good streak of positive luck on these games. Medical school is certainly a very expensive pursuit so I wish you the best of luck and will keep an eye out on this threat to check in every now and then. 1.7BTC is over $100,000 USD. I wonder what focus of the medical field you are pursuing? If you don't mind my asking. Once you get this money, do you plan to buy more bitcoin after med school? What is your overall betting strategy as well and are you going to try many or just stick to one main strategy?

[boty]

It’s possible, it depends on your strategy. If you are throwing in all the money or a huge amount of it in each bet then you wouldn’t go far from your starting amount but if you split it into little amounts and for little bets, and you also know what selections you are making, then maybe you can get there. But I hope you’ve made peace with losing the money and won’t chase it if something went wrong.

When someone bets a large amount, they must have a good strategy for the bet they will place and we must also be able to accept it if we cannot win the bet we are playing, because in every bet there will certainly be winners and losers, so Of course, it is very important for us to be able to accept that there is a possibility that we will lose the bet we are playing and that we should not bet an amount that we cannot afford to lose the money we have when placing the bet.

[wxa7115]

The target is too high, but since you are willing to take the risk then at least you can try.

Will monitor your progress too and hope that you can achieve this goal because you have a good purpose or target, just know that this is not guaranteed after all so it's better to have your back-up plan if something bad happen to your gambling activities.

Better to look for other source of income while doing the bet just to make sure that you will be in medical school.

The biggest issue is the amount of money that they are wagering on each bet, the OP wagered half of their money in a single bet, so they only need to lose twice in a row to lose their starting capital.

The next issue is without a doubt the target, as they want to obtain a 33x gain on their starting capital, something incredibly difficult to achieve, to the point I would argue is impossible, because as far as I know there is no professional sport bettor which can obtain those results.

[malcovi2]

because as far as I know there is no professional sport bettor which can obtain those results.

They exist and they aren't very public about it.

Spencer Cornelia had an interview with someone successful betting on sports
https://www.youtube.com/watch?v=7N05vGcw_tI

[inthelongrun]

Hi everyone, I am going to attempt to turn 0.05 BTC into 1.7 BTC with football/soccer betting. I will be using this post as a journal for my bets.

The goal is to be able to pay for medical school so wish me luck! Feel free to follow or fade my bets! But always bet responsibly.

Starting Balance: 0.05 BTC

Bet #1: Colombia: Envigado FC - Real Cartagena FC | Over 3 | 0.025 BTC returns 0.06625 BTC
Bet Screenshot: https://imgur.com/a/Xn3BvXw

tips: bc1qgll9gt4gmf8rddnyynrdrmzq9qzv336w7yezce

Ouch mate! You just lost your first bet.



You seems an experienced bettor for putting that amount of money. But I am not sure if you are really betting for a long time already because pretty sure it is not my style to just divide my whole betting allocation into 2. I would've divide it into 10 or at least 5 times. Remember, there are good days and bad days in betting. So it is best that your budget can at least last for days or several bets in case bad luck happens.

Now, you only have 50% of your budget and if you continue the same amount then one lose and you are done. You better divide it into 5 times while there is still chance of surviving.

[savingformedschool]

Hi everyone, I am going to attempt to turn 0.05 BTC into 1.7 BTC with football/soccer betting. I will be using this post as a journal for my bets.

The goal is to be able to pay for medical school so wish me luck! Feel free to follow or fade my bets! But always bet responsibly.

Starting Balance: 0.05 BTC

Bet #1: Colombia: Envigado FC - Real Cartagena FC | Over 3 | 0.025 BTC returns 0.06625 BTC
Bet Screenshot: https://imgur.com/a/Xn3BvXw

tips: bc1qgll9gt4gmf8rddnyynrdrmzq9qzv336w7yezce

Ouch mate! You just lost your first bet.

https://www.talkimg.com/images/2024/05/09/ree33.png

You seems an experienced bettor for putting that amount of money. But I am not sure if you are really betting for a long time already because pretty sure it is not my style to just divide my whole betting allocation into 2. I would've divide it into 10 or at least 5 times. Remember, there are good days and bad days in betting. So it is best that your budget can at least last for days or several bets in case bad luck happens.

Now, you only have 50% of your budget and if you continue the same amount then one lose and you are done. You better divide it into 5 times while there is still chance of surviving.

Hi, yes it lost unfortunately. There were 2 disallowed goals...

[pinggoki]

You're betting too high already OP, I feel like you can probably do some brakes on the amount that you're putting in, 0.025 is such a big loss so I don't know how you can continue doing that kind of bets in the future, you also probably don't want to be relying on these bets to pay for your medical school, that 0.05 could probably fund you here in the first year of your medical school, maybe even have more pocket money because that's already a lot of money. Is the 1.7 btc for the whole time you're going to be in the medical school? If you can get to 0.05, you can probably do it again until you get to that instead of just gambling it all away.

[savingformedschool]

You're betting too high already OP, I feel like you can probably do some brakes on the amount that you're putting in, 0.025 is such a big loss so I don't know how you can continue doing that kind of bets in the future, you also probably don't want to be relying on these bets to pay for your medical school, that 0.05 could probably fund you here in the first year of your medical school, maybe even have more pocket money because that's already a lot of money. Is the 1.7 btc for the whole time you're going to be in the medical school? If you can get to 0.05, you can probably do it again until you get to that instead of just gambling it all away.

One year costs over $30,000 here. So 0.05 BTC is not enough for even one semester.

[pinggoki]

~

One year costs over $30,000 here. So 0.05 BTC is not enough for even one semester.

Damn, that's a lot but still, it's going to be really hard to do what you're planning to do if your main plan is to gamble and risk your money to do something that you know you've got the odds stacked against you. I wish that you can find more ways for you to make money though, it's going to be a difficult journey and you will have a hard time but if you persevere, the reward that you're going to get is going to be beyond your wildest imagination.

[bitbollo]

why start with so high stakes? The final target is so high (x30) but playing so heavy is not the solution... Moreover why not minimize the risk of the single loss?
Likewise adding live playing or just use cashout option...

if you have not strong experience in gambling and sport bets these kind of experiments are really hard if not impossible to be achieved...

[yahoo62278]

why start with so high stakes? The final target is so high (x30) but playing so heavy is not the solution... Moreover why not minimize the risk of the single loss?
Likewise adding live playing or just use cashout option...

if you have not strong experience in gambling and sport bets these kind of experiments are really hard if not impossible to be achieved...

My thoughts exactly. Slow and steady wins the race @OP. No need for parlays and prayers, single bets and slow profit. You don't have to pay for medical school in 1 day ya know.

[savingformedschool]

why start with so high stakes? The final target is so high (x30) but playing so heavy is not the solution... Moreover why not minimize the risk of the single loss?
Likewise adding live playing or just use cashout option...

if you have not strong experience in gambling and sport bets these kind of experiments are really hard if not impossible to be achieved...

My thoughts exactly. Slow and steady wins the race @OP. No need for parlays and prayers, single bets and slow profit. You don't have to pay for medical school in 1 day ya know.

Thanks for the advice! Yeah I went heavier than I probably should have. I was very confident that they would produce 4+ goals based on my research. There were 2 goals disallowed which would have made me win. Even one of those goals standing would have been a push. But I guess that's how it goes sometimes.

[bitbollo]

there is never a "safe bet". if there was a safe bet/ a sure result, this match is not quoted in any bookmaker.
this is why you must avoid over confidence in your bet playing high stakes.
Also, the first loss give you a lesson: you must have a money management system, otherwise with just 2 consecutive loss you have reached... 0 ! This is not your target!
Try to find in your country if some gambling site offer the option for "exchange gambling".
In most cases this allow to maximize the profit or better, even to have a profit without the game has already start!
I hope my suggestions can help... https://bitcointalk.org/index.php?topic=1234109.0 here you find my topic where I posted many tips related gambling (including my journey in btc gambling).

[savingformedschool]

there is never a "safe bet". if there was a safe bet/ a sure result, this match is not quoted in any bookmaker.
this is why you must avoid over confidence in your bet playing high stakes.
Also, the first loss give you a lesson: you must have a money management system, otherwise with just 2 consecutive loss you have reached... 0 ! This is not your target!
Try to find in your country if some gambling site offer the option for "exchange gambling".
In most cases this allow to maximize the profit or better, even to have a profit without the game has already start!
I hope my suggestions can help... https://bitcointalk.org/index.php?topic=1234109.0 here you find my topic where I posted many tips related gambling (including my journey in btc gambling).

While you've made some good points, I disagree that there are no safe bets. I have seen many "suspicious" matches that were offered by many bookmakers but were later discovered to be "fixed". So it does happen, but it is hard to find those sure bets. That's why I can only rely on my research for now.

[Oasisman]

The target is too high, but since you are willing to take the risk then at least you can try.

Will monitor your progress too and hope that you can achieve this goal because you have a good purpose or target, just know that this is not guaranteed after all so it's better to have your back-up plan if something bad happen to your gambling activities.

Better to look for other source of income while doing the bet just to make sure that you will be in medical school.

Hi, thank you for the advice! I am working full time right now and saving for school, but I thought it would be a fun challenge to see if I can pay for medical school with football/soccer bet winnings! If I don't succeed it's not the end of the world, but I will certainly try my best!

Not a bad idea, but it is too risky for that amount of money. I understand that you are trying to make things happen as soon as possible. Medical school are expensive and you need to do a lot of work to sustain and pursue this study, you might as well going to extend for a couple or more years especially when you're struggling to catch up with finances.
Well, we could only determine whether you made a good or bad decision unless we see the outcome. If you don't make it, then at I can say it is a good try. If you'll make it, then definitely I'd say you are a risk taker who might as well going to succeed in business industry.
Good luck on your goal and with your game and odds analysis. 

[Julien_Olynpic]

Converting 0.05 Bitcoin into 1.7 Bitcoin is of course possible. But doing this with sports betting will be extremely difficult. As I understand it, the author doesn’t even have any strategy. The author simply makes random bets on random sporting events and counts on random luck. This way the funds are not multiplied. I would say that the very idea of ​​using sports betting for this is quite controversial. To be honest, there are many ways to grow your Bitcoin in a much safer way than sports betting. For example, using retrodrops or trading. To win with sports betting, you need to have a very advanced prediction system. Apparently, the author does not have such a system.

[_act_]

I remember a guy in my department that had no option than to run back home because he lost money to gambling. He told me that it was the worst time of his life. His father gave him money for school fees but he wanted to do big boy and think of doubling it fast. He went to a gambling site and use all his school fee to gamble at ones on a match. But unfortunately he lost all and had no option than to run back home to tell his parent what happened. Some people did something like this in the past and lost.