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Author Topic: Attempting to turn 0.05 BTC into 1.7 BTC  (Read 790 times)
Hypnosis00
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May 09, 2024, 06:52:51 AM
 #41

That's a very aggressive approach, I hope you last long. Starting with 0.05 BTC and bet 50% of it on your first try, just 2 losses and you are out. And also, your target is too high, so it's really hard to achieve. I believe some experts doesn't think like you do, they start with big bankroll but with a very conservative betting approach, like they set a small percentage of their entire bankroll, 5% or lower, yours is 50%. Cheesy
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May 09, 2024, 07:05:57 AM
 #42

OP, at the rate you are going... you will be out of money within the next two bets. (Why are you risking all the money on one bet?) Will you top up the money if it runs out or will you stop betting when this money runs out?

I will rather make smaller bets with something that has much better odds.

What is your timeframe to achieve your goal? (Long-term or Short-term)

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May 09, 2024, 07:48:39 AM
 #43

OP, at the rate you are going... you will be out of money within the next two bets. (Why are you risking all the money on one bet?) Will you top up the money if it runs out or will you stop betting when this money runs out?

I will rather make smaller bets with something that has much better odds.

What is your timeframe to achieve your goal? (Long-term or Short-term)

Bad start for OP yet but we can't judge him until the bankroll is wipe out. It would be fun @op if you'll share your bet slip, honestly, I find that 0.025 a huge bet because currently at the rate of bitcoint it's already equivalent to $1,227... I could not even afford to set up a bankroll like that, so that's kinda risky for me but I like that we have a gambler here who really mean business with his goal.

it's $1,227 starting bet and you want to grow your money to $104,300... let's see, but good luck!


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May 09, 2024, 07:53:24 AM
 #44

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! Feel free to follow or fade my bets! Smiley 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

Result: -0.025 BTC

New Balance: 0.025 BTC
you are not saving for your medical school but instead you are risking your money , because gambling
is not the place for saving instead a place for losing so i hope you will realized that before losing that amount
completely.

Why not instead of gambling , try trading because that would be less risky and knowledgeable than just
gamble that will turn you into an easy go lucky person in the future.


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Yeah TIP .. you are ripping money in gambling but seeking for tip? lol



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

that is really an frustrating amount but you can work on it without risking in gambling mate ,
there are other areas in crypto that may generate you profit not riskier than gambling.

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May 09, 2024, 07:59:07 AM
 #45

Attempting to turn 0.05 BTC into 1.7 BTC well that is a bold move bro hahah you bet around 1500 USD per bet and if you lose this time you gonna lose all of it. Why you don't try bet on a smaller amount like 500 USD or 100 USD.

But is your choice anyway I wish you the best luck and keep posting here hahah oh one more thing if you want to post image you can try buy copper membership for 30 USD

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May 09, 2024, 09:00:51 AM
 #46

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! Feel free to follow or fade my bets! Smiley 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

Result: -0.025 BTC

New Balance: 0.025 BTC

tips: bc1qgll9gt4gmf8rddnyynrdrmzq9qzv336w7yezce

After reading this topic, I just guessed that the success of this your adventure is going  to be determined by luck alone. How come you have already lost 0.025BTC while you just started yesterday. You're staking a high amount in one go which is not a wise gambling strategy for the adventure you are taking. In your adventure to win 1.7BTC
With 0.05BTC,  you are supposed to stake not more than $100 in  one go. I just hope you can make it, best of luck.
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May 09, 2024, 09:10:12 AM
 #47

It would be better to look for medical school fees from other source that is not gambling. I am wondering how medical school can be very costly like that. But you did not state the exactly school fees but your target.

If you want to use 0.05 BTC to win 1.7 BTC, you need 34 odds. That is very difficult to achieve. The chance that you will get that is small but the chance that to will lose the money is very high.
I also wondered the OPs initial source of academy financial sponsorship before enrolling for admission in the school.
Actually medical school fees can be much expensive due to the disciplinary level of professionalism and that alone should had got the OP to be prepared for the expenses.

So what would be his next step if the 0.05 BTC get lost while chasing that profit in gambling for his school fees?
This does not seem advisable at all. Most persons actually had professional dreams but could not attain it due to financial sponsorship barriers so they alternate to divert towards the field that is affordable for them snd they are doing so well and happy with the alternative.
The OP would had acted like that instead of being a school dropout due to inability of financial sponsorship or even considering how gambling may affect his academic attendance.











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May 09, 2024, 09:31:32 AM
 #48

I like the positivity and your goal for yourself, I thought this is gonna be a long thread as turning 0.05 BTC to 1.7 BTC is possible but long process but I've seen that you've already lose 50% of your bankroll in just one bet, that's actually risky and pretty insane, that's literally 50/50 chance and I think it's better that you should study bankroll management first then control your bets. I've saw someone made money in sports betting but his bet amount are just average but with his winning rate is higher than losing, so yeah he earned pretty good.

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May 09, 2024, 09:39:05 AM
 #49

Result: -0.025 BTC
One year costs over $30,000 here. So 0.05 BTC is not enough for even one semester. Sad
@OP is the example of gambling addict.



I don't understand why someone need to force something when they know they didn't have enough resources in the first place?

Instead of applying to medical school, choose other skills that affordable.
 
Instead of taking school in your country where the tuition fees is expensive, move to other countries that you can afford.

Instead of taking school in this "year", choose to take a gap year and work for a year or more.

Yeah I know it's what it's, but at least other people can learn from this case.

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May 09, 2024, 09:59:54 AM
 #50

savingformedschool please gambling is not a way to raise money for medical school. It is too risky and you will be able to save money by not gambling than when you gamble. Gambling is not an investment for the future that yields any return.

Regardless of whether you want to gamble responsibly, the probability of becoming a gambling addict is high because you are not gambling for entertainment or fun.

You have other options to that would guarantee you a better result than gambling. Some of them are - crowdfunding, fully-funded scholarships, working part time, or even student loans.

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May 09, 2024, 10:06:08 AM
 #51

Is this crazy enough or just taking the challenge? Paying for medical school from gambling is pretty much impossible to achieve mate, you have to be self-aware this can't be good behavior for you.
Other people gamble just for fun while you are for a higher purpose and 1.7 BTC is not an easy thing to get in gambling even if you are an expert in sports betting.
I'm not sure if this can turn your money into big money or your target but rather you will be addicted and keep running out of money.

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May 09, 2024, 10:24:50 AM
 #52

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! Feel free to follow or fade my bets! Smiley 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

Result: -0.025 BTC

New Balance: 0.025 BTC

tips: bc1qgll9gt4gmf8rddnyynrdrmzq9qzv336w7yezce

So far it's not good, but you are brave enough to try it even though the risk is just too high even though you've posted that you are comfortable with the money that you're going to lose, it's still going to hurt, I don't know your financial status you did not mention it, but I'm thinking that this is your journey to more bets.
But still, good luck. You're going to learn here, win or lose.

Why not include a summary for every bet and result so that you will know the story behind those bets and the outcome you mentioned that it's your journal for bets.

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May 09, 2024, 10:31:29 AM
 #53

It would be better to look for medical school fees from other source that is not gambling. I am wondering how medical school can be very costly like that. But you did not state the exactly school fees but your target.

If you want to use 0.05 BTC to win 1.7 BTC, you need 34 odds. That is very difficult to achieve. The chance that you will get that is small but the chance that to will lose the money is very high.

I agree, it would be better if you get something else for your medical school bills instead of gambling. I'm not against what you do, but this is risky, we're not sure if your bet will win or not, it's better to have a back up plan just in case the thing we expect doesn't happen.



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Rainbot
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Crypt0Gore
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May 09, 2024, 10:37:53 AM
 #54

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! Feel free to follow or fade my bets! Smiley 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

Result: -0.025 BTC

New Balance: 0.025 BTC

tips: bc1qgll9gt4gmf8rddnyynrdrmzq9qzv336w7yezce
It is very possible in gambling, and even though it is possible I will stick advice against it, I choose to hold this amount of Bitcoin instead of gambling it away, you can lose it all and have nothing else.

I think for me it is a huge risk, but since you said it is what you can afford to risk then you are rich, that is 3k worth of Bitcoin right now, many who have been buying Bitcoin since 2022 have not gotten to this amount yet, I wish you good luck in this suicide hope for Richy of yours.

Just know that you need luck to make this happen, this is your best bet, no strategy is powerful enough to make this happen, only your luck, if I am in your shoe I will keep the Bitcoin and use small amount of money to start trying my luck in gambling, this is what gambling deserves from anyone.

Gambling is not a source of income or a investment plan, using high amount to gamble is inviting a possible huge risks of losing the entire amount.
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May 09, 2024, 10:49:37 AM
 #55

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! Feel free to follow or fade my bets! Smiley 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

Result: -0.025 BTC

New Balance: 0.025 BTC


tips: bc1qgll9gt4gmf8rddnyynrdrmzq9qzv336w7yezce

Isnt begging not allowed on the forum? I think you came up with this medical school story just to cover that you are asking for money here. Better go read a medical book, then try to raise money from gambling. It would be more productive.

You mess with the meow meow
You get the peow peow
coin-investor
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May 09, 2024, 10:58:30 AM
 #56

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! Feel free to follow or fade my bets! Smiley 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

Result: -0.025 BTC

New Balance: 0.025 BTC

tips: bc1qgll9gt4gmf8rddnyynrdrmzq9qzv336w7yezce

You're not the first one who did this; compared to the first one, you have a goal that will make you do research and be careful about your bet because if you win you can pay for medical school. Still, unfortunately, the risk is too high, and you could blow it up, but it shows that we're right because you lost on your first bet and are half in your bankroll.

You mentioned that you are okay even if you lose the bet, but I hope you reach your goal. if you lose it, you will learn that gambling is too risky and no money should be used intended for important matters.

I hope this is just for journal and experimental, and you will not use it for more betting because I know of a friend who uses a journal and a spreadsheet and that fave a way for him to become addicted to gambling.







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dimonstration
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May 09, 2024, 10:59:44 AM
 #57


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

Result: -0.025 BTC

New Balance: 0.025 BTC

What the hell, already 50% down with just 1 bet? This is the worst bankroll management so far and you should just hold your 0.05BTC so that it’s value will grow in the future to meet your medical school fees.

Gambling it will make it worst especially that your target is an insane amount. Even a pro sports bettor will be having a rough time meeting that target since it’s too high and at the same time you are betting an amount of money you can’t afford to lose.

Just stop gambling and save money through jobs.
avp2306
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May 09, 2024, 11:09:24 AM
 #58


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

Result: -0.025 BTC

New Balance: 0.025 BTC

What the hell, already 50% down with just 1 bet? This is the worst bankroll management so far and you should just hold your 0.05BTC so that it’s value will grow in the future to meet your medical school fees.

Gambling it will make it worst especially that your target is an insane amount. Even a pro sports bettor will be having a rough time meeting that target since it’s too high and at the same time you are betting an amount of money you can’t afford to lose.

Just stop gambling and save money through jobs.

He's expectation is so high that's why expect for something bad to happen on his balance. And for seeing that he is already 50% down on his balance it show that he's not really good taking good decisions on his bets.

Much better for OP to study well his actions done since its doesn't mean its easy to bet on those sportsbook he can easily win and rich that ridiculous target. But somehow this is good learning experience and for sure will follow this to see what will happen to OP's journey if we can see a good comeback or he totally lose all of his balance here.

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Ultegra134
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May 09, 2024, 11:37:24 AM
 #59

What can I say? 0.05 BTC is a reasonable amount of money, and you went ahead and bet half of that in your first bet. It seems that this challenge hasn't started out the best. Although it'd be best to judge when and if the OP ends up losing all his bankroll, until then, everything is possible. Your expectations are too high, and you're already halfway through losing your money. I'd probably be a little more careful if I were you. I personally wouldn't go ahead and bet such amounts, nor would I expect gambling to be my investment, but that's your call.

Nonetheless, I wish you good luck.

 
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Questat
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May 09, 2024, 12:30:17 PM
 #60

What can I say? 0.05 BTC is a reasonable amount of money, and you went ahead and bet half of that in your first bet. It seems that this challenge hasn't started out the best. Although it'd be best to judge when and if the OP ends up losing all his bankroll, until then, everything is possible. Your expectations are too high, and you're already halfway through losing your money. I'd probably be a little more careful if I were you. I personally wouldn't go ahead and bet such amounts, nor would I expect gambling to be my investment, but that's your call.

Nonetheless, I wish you good luck.

The next bet is crucial as losing another bet would wipe out the entire bankroll.

@Op, if you want a tip, I think it's fine but only if you are helping us here win, but based on your bet, it seems like you don't have a good start which doesn't impress us here. I hope you'll win your next bet so you can start with your goal to turn this amount to 1.7 btc.

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