Never underestimate the power of compounding..$2k to $16 million

[Kasabus]

It can be achieved by just a few bettors but the possibility that the person will reach the target of $16 million is very small, it sound very simple in theory but the reality is very difficult, I have been trying a strategy like this on futures trading but it's very difficult to arrive at my target meanwhile from the guide where I'm learning from, it looked so simple.

Is it the same with sports betting? Because if it is, then most likely you’ll also fail in sports betting.

The point here is that with these figures we’re seeing, we’re starting to be more realistic with our approach. If we believe we can win long term, at least we’re looking at the numbers first instead of assuming we can win without even knowing the potential outcome. This gives us an idea of the possibilities. It might work for others, but for me and for you, maybe it won’t.

But this way is better, at least we have some kind of computation or projection instead of just throwing statements with no basis.

[mak013]

we always hear  the words use proper bankroll management, and some experts say be conservative (based on what i read and hear watching videos)...., like just 2% of your bankroll per bet. this sounds boring at first, but this is supposed to be long-term. meaning if you keep winning the size of your stake slowly grows too. (isn't it interesting?)...

but let’s look at the numbers for a second.
say you make around 10,000 bets in your whole run, you start with a bankroll of $2,000, and you somehow keep a 55% win rate, which honestly is not impossible if you’re really disciplined. now think about it… with compounding, with the stake adjusting every time you grow the bankroll even a bit, how far do you think that $2,000 can go?

people usually underestimate how crazy the numbers get when you win just slightly more than you lose, but over thousands of bets.

But this math will blow your mind... ( i got help from AI on this to show the figures as its the main attraction of this post)..

check it out..

win rate: 55%
stake: 2% of bankroll each bet
starting bankroll: $2,000
total bets: 10,000
~

final bankroll ≈
2000 × 8080
= $16,160,000+

I have just one question. Do you have $16mln?

Nobody will recalculate bet size after each bet. It takes too much time. The same time, i often make several bet one time. How i have to calculate it?
I recalculated bet size once per month. I withdraw some money to remember for what i`m playing for. And i didn`t get even one million.

PS. One more calculation. 10.000 bets in three years means that you have to make 10 bets every day.

[jossiel]

$2k is already huge to begin with and with all of the calculations, they look pretty easy and clean.

But what really happens is you're not even getting close half way of the target with that calculation.

Everything is fun and games with all of the plans with the calculation until you execute them and see the reality.

It’s not a huge amount if you’re serious about sports betting. And 2% of that as a starting stake is just $40, so it won’t get wiped out easily as long as you have the discipline to stick to the game plan. It gives a picture of how much we could win, which is a huge amount. Imagine turning $2k into millions. I’d even be happy with just $1 million.

But honestly, I think that’s impossible for me. Maybe for some people it’s possible, but not for me.

While there's the positivity that you've said there, in the end you just admitted it like me that it's unlikely to happen and that's the reality that we all see.

Everything is fun and games with all of the plans with the calculation until you execute them and see the reality.

In my country we have the following saying: "Paper can withstand everything".

First of all, the OP says that keeping a 55% win rate is possible if you're disciplined. That's not true when it comes to most games, and I don't believe it's affordable in sports bets either, at least long term.

In addition, it would still be a quite small win, unless you apply compounding, but compounding also exponentially increases the probability of bankruptcy.

When you write a business plan, it's just dreaming but at least you can take action through the years to at least try to correct deviations from your initial plan. But with bets, what action can you take to control the uncontrollable nature of chaos?

I would believe other proposal if it's a real business plan but doing it with sports betting, doing it with consistency is hard to achieve.

While it's certainly really good at first glance, we all know that it's unlikely to happen or if there will be some bettors that can do it, maybe it's like with this ratio 1:10000.

[ryzaadit]

Obviously this is just a theory, but it gives us a picture of what we could possibly achieve. I think it’s good to see it this way because it gives a clearer path on how to manage our gambling journey if we’re thinking long term.

No these is wrong.

It's same like, we have 50:50 chance. Lose streak like 10-20 or more could be imposible while actually in reality no matter how much lose you're. If you have a chance 50:50 (50% chance) the previous lost not gonna to increase you winning.


Rather than to much theory, better just based on real experience.

[danherbias07]

Have you won that kind of number?

I  have not, and that's an honest answer. I will not be blamed for the loss of the others, that's why I am wth them in case something bad happens. $21 aomt's that bad but a litmit exchange gift must be sent so that no one will be picking what they want. It's The same goes when it gomes to gambling. Past negotiations should be taken in consideration to aboid more problems.

[Strongkored]

people usually underestimate how crazy the numbers get when you win just slightly more than you lose, but over thousands of bets.

But this math will blow your mind... ( i got help from AI on this to show the figures as its the main attraction of this post)..

I'm not very good at math, but compounding in gambling is a big mistake in my opinion, because you never know which bets you'll win or lose, and even losing streaks are a possibility for all players, so that your capital can drop significantly or even return to zero.
For me, compounding only applies to investments, gambling is not about making money, even if you hope for it and try to.

[salad daging]

Thats so good to see that this can be win via gambling. But no matter what we think, this still so hard to do in real life. I can only imagine how hard it is to go at that particular gains. I can only say wow for this he already got a money for lifetime.

This money isn’t won yet. OP is just running an experiment on paper, kind of like planning to see how much a $2k bankroll could grow if a gambler hits a 55% win rate long term. It’s just a calculation. In reality, none of us here have actually done that. I mean, who really tracks 10k bets in sports betting? That takes a lot of time and discipline.

Who will consistently do this? It takes discipline, patience and holding back other emotions or greed, it's impossible to gamble without emotions and greed are all in gambling.
The calculation is easier but in practice that is more difficult especially with 10000 bets that is very much.

You think it's possible to lose these money again? Or he gonna quit now? If its me I already set in for good.

in gambling anything is possible (winning and losing)..

But I think there are rarely strong gamblers with long-term discipline and patience with such a theory.

[r_victory]

The calculation is perfect, but what about the luck factor? Where did that 55% win rate come from? It's impossible to guarantee you'll win every estimated bet. It all sounds too good to be true, but why don't you test it? If you're successful, you can prove your theory, and if we're still around, you can say, "I told you so"...

Good luck!

[Samlucky O]

Surely if you manage your bankroll by reducing the Amount per bet, you will make profit in the long run, but Even as that it is not yet guaranteed since everything is based on assumption. This rough estimate you have made using AI may look so easy and simple as shown above but when. The reality kicks in, you will realize you have just hyped yourself believing to use $2k to win $16k but in reality reverse may be the case. Although it is not bad to try out the expirement,  maybe you can use real money and try it out even if it's not up to $2k may e $100 for 1000 bet after which you come up with your results only will I believe this analysis you have Just made.

[Apocollapse]

Have you try it first? is there a tool where we can make an auto bet in percentage from bankroll? what I know the auto bet only for betting based on actual number or doubles up/down every bet. I don't think people would be fine to click spin for every bet and change the amount every bet.

Such calculation only works for teenagers who have no or less experience with gambling and then you convince them with an intention to scam them.

[Stalker22]

OP, I dont understand your math:

3. compound it over 10,000 bets

bankroll =
2000 × (1.0009^10000)

1.0009^10000 ≈ 8080 (rounded)

You are compounding your entire bankroll but actually only betting 2% of that amount?  Wouldnt your final bankroll be closer to $161k rather than 16 million?

[Su-asa]

To calculate the profits you make when you keep compounding what your potential wins is quit easy I'm sure every gambler has done that at some point but the main thing is actually about winning the bets. Rollovers are not really easy as you think, it's almost impossible to keep on having winning streaks especially when it has exceeded three days, I don't think anyone gambler can boost of having a winning streak for more than a week. My strategy when using this betting system is to make sure that I always withdraw my profits

[robelneo]

It can be achieved by just a few bettors but the possibility that the person will reach the target of $16 million is very small, it sound very simple in theory but the reality is very difficult, I have been trying a strategy like this on futures trading but it's very difficult to arrive at my target meanwhile from the guide where I'm learning from, it looked so simple.

The best way to find out if this simple method or these guidelines is to try it by someone, I don't really have confidence whenever there is an AI involved, and we are tackling profits on gambling, when everything is just potential, and the uncertainty is high, even on bets where you are so sure of the outcome, bad things pop up.
I have already seen threads here by members posting their gambling methods and results, and the projected profit they hoped to reach did not materialize.

[Eternad]

It can be achieved by just a few bettors but the possibility that the person will reach the target of $16 million is very small, it sound very simple in theory but the reality is very difficult, I have been trying a strategy like this on futures trading but it's very difficult to arrive at my target meanwhile from the guide where I'm learning from, it looked so simple.

The best way to find out if this simple method or these guidelines is to try it by someone, I don't really have confidence whenever there is an AI involved, and we are tackling profits on gambling, when everything is just potential, and the uncertainty is high, even on bets where you are so sure of the outcome, bad things pop up.
I have already seen threads here by members posting their gambling methods and results, and the projected profit they hoped to reach did not materialize.

Using a simulation bot or AI is the most efficient way to do this because they don’t have emotions and they bet based on your setup.

Doing it manually might be hard to do since you might decide to stop when you are already in profit or loss halfway your target goal due to our emotions depending on how we can handle risk.

An experiment like this is always good in paper because our emotion is not yet incorporated.

[DaNNy001]

Have you ever tried compounding? And if it has worked for you how long were you able to do this and make profit...it is very easy to calculate but difficult to actualize and that's because it's not possible to keep winning consistently, it make this very convincing I think you should practicalize your strategy and post your progress step by step so we can see how you were able to do it, just talking about it isn't enough

[Cryptomultiplier]

To calculate the profits you make when you keep compounding what your potential wins is quit easy I'm sure every gambler has done that at some point but the main thing is actually about winning the bets. Rollovers are not really easy as you think, it's almost impossible to keep on having winning streaks especially when it has exceeded three days, I don't think anyone gambler can boost of having a winning streak for more than a week. My strategy when using this betting system is to make sure that I always withdraw my profits

After a winning streak, I wonder why I would still leave the money I have accumulated to remain in the wallet, knowing fully well I will be tempted to bet again and again to have another winning streak.
Bank roll management of compounding profits is good for games like slots or other casino games, rather than for sports betting, because I believe sports betting is quite harder to maintain a winning streak, even though you pick maybe two or three games hoping to win big.

[nelson4lov]

Yeah, it's possible but its a very hard feat to accomplish. The odds of that happening is lower than 0.5% lol. All of these calculations are always very exciting to see them on paper. You even start to believe it until when the first few bet results are in and doubts start creeping it. What most people don't realize trying this kind of challenge is that most know it's a long term project but don't actually believe it and want the gains to come sooner than later.

Compounding itself works with almost alll industries including gambling.

[STT]

Compounding is amazing even on plain interest it adds upto alot which is why banks always want to lend out cash and have it compound, even a mortgage will do that.  The consistency of paying or in this case winning does count for alot.  I use function power of to quickly work out this kind of gain possible.
  So I do believe the potential but winning consistently to me is hard and I would also likely be withdrawing winnings when tired etc.  because I think thats prudent and realistic strategy.

[alani123]

Never underestimate statistics. Because even with a 99% chance of winning the odds of this happening are so astronomically low that it's realistically never going to happen. So don't expect any miracles. If it's extremely unlikely don't expect the luck to be yours. If you wake winning as a given this "compounding" is never going to happen and you'll be left poor. There's no compounding or security in gambling.

[Botnake]

Compounding is amazing even on plain interest it adds upto alot which is why banks always want to lend out cash and have it compound, even a mortgage will do that.  The consistency of paying or in this case winning does count for alot.  I use function power of to quickly work out this kind of gain possible.
  So I do believe the potential but winning consistently to me is hard and I would also likely be withdrawing winnings when tired etc.  because I think thats prudent and realistic strategy.

You have to be disciplined if you’re aiming for long-term betting, and withdrawing is the right thing to do sometimes because it’s a way to reward yourself. If that calculation ever happened in real life and your bankroll actually reached $1 million, you’d probably think of withdrawing a big chunk just to reward yourself and that’s smart. If you lose after that, at least you didn’t lose everything.

I remember reading a post here before about a gambler who became rich because he was a high-stake bettor, and he was smart at first. But he kept going, got greedier, and ended up with nothing. He even had debts he wasn’t able to pay before he died.