Betting Marathon: From $60 to $1,800

[Ayers]

Of course, I know that turning $60 into $1,800 is a very ambitious goal. The main purpose of this challenge is to see how far I can actually get while sticking to my rules and maintaining proper bankroll discipline.

if I were in your shoes, I would track monthly ROI, yield, number of bet, average odds and CLV instead of making that $120/$240/$480 milestone the only measurement of success or failure. so even if my bankroll isn't hit $120 within November, I'll know if I'm actually being any better bettor or just getting any good run of variance.

anyway, I will follow your challenge. $60 to $1800 is still impressive. but to me it would be more impressive if you can show evidence of your actual edge after 500+ bets on same discipline. Good luck mate!

[Renampun]

From time to time I always see gambling challenges like this.. but from most of what I've seen, most of them end tragically and some even stop updating their threads and forget them as if they never made a promise. So, this time I don't want to have high expectations.. but good luck to you, and regardless of the outcome later, I just hope you'll keep updating this thread because I'm just curious about the final result.

[OgNasty]

That is one hell of a goal.  I wouldn't put the odds of reaching it very high as if it were that easy to get such a return, nobody would work and everyone would just gamble and make millions of dollars.

Still, I wish you luck in reaching your goal.  I'm sure everyone here would love to see someone pull off such a fantastic win in public for all to see.  Good luck!

[alegotardo]

~~~

I appreciate your challenge, but I think you should make it clear that this is a challenge purely to entertainment and that, in everyday life, nobody should do anything similar. Why? ... cause its way too insane (and maybe you could even call it irresponsible) double your profits over investment and not take the any profits.

It would be prudent if the $1,800 were reached without reinvesting 100% of the amount into bets... that would be the most prudent thing to do, but obviously that would make the challenge even more difficult to achieve.

Anyway, boring sermon, but I think it is valid to make it clear that a bettor in their everyday life should not do what you are proposing.

Other than that, I will be following your progress and I wish you luck!

[Harkorede]

I have also tried this personally in the past, and documented it as well, mine wasn't for as long as this, It's usually a 7-15 days journey for me and I might have succeeded in reaching day 5 and 6 a few times with around 1.5x odds or thereabout, it's just the pressure as the days goes by that ends up ruining it, but still it's always a fun journey.

I hope you're able to fulfil the goal, it would have been better if you had kept this top self moderated not to have it spiral out of control, or better still you can lock the thread after few days of updating your monthly progress to allow limited derailing of the thread and repetition of how everyone wants to you succeed.

[Hispo]

Well. This is not the first time I have seen some thread about someone aiming to multiply their money in a relatively short period of time thanks to betting in sports.
I am yet to see some successful thread of this matter.

Let us see how far you can get with this one.
Though, I would not recommend anyone to try to emulate what OP plans to do.

This is only supposed to be done with spare money and only for the sake of fun.

[famososMuertos]

Wow, it's been a while since I've seen a "blog" like this. Back in the first decade of the 21st century, it was commonplace; everyone wanted to keep a log of their bets. It was very popular because it helped you keep track of your wagers, and having additional comments or consultations with other people always helps, although that's not the case here, because back then I did it with poker.

Good luck with it. I've managed to double my deposits several times, and on other occasions even five times, but that's not the important thing. What's really interesting is how quickly you achieve it.

If you want, you can tag me when you update. I won't quote you; that will tell me if you read the comments.

[fullfitlarry]

Well. This is not the first time I have seen some thread about someone aiming to multiply their money in a relatively short period of time thanks to betting in sports.
I am yet to see some successful thread of this matter.

It's because that is a big goal to achieved. Not sure what the odds are, but getting to higher bets will curtail huge risk on our end. And you need extreme cases of luck to be able to get to your goal.

This is only supposed to be done with spare money and only for the sake of fun.

It could be, but if he is aiming for thousands of dollars, it's not that fun anymore. It's more that you want to win big.

And maybe we can compare this to parlay, you have multi-bet and everything is ok until that one game that ruined everything specially in the last leg. In any case, good luck to the OP and all of us here are watching.

[Julien_Olynpic]

Typically, bankroll growth in such marathons, if it does occur, is temporary before a sharp decline and ultimately a complete wipeout. The point of a marathon isn't to show other players how to grow their bankrolls, but simply to have fun losing money. Although, frankly, I've never fully understood what could be fun about losing money. But other people and players might think differently.

[Charcol]

Typically, bankroll growth in such marathons, if it does occur, is temporary before a sharp decline and ultimately a complete wipeout. The point of a marathon isn't to show other players how to grow their bankrolls, but simply to have fun losing money. Although, frankly, I've never fully understood what could be fun about losing money. But other people and players might think differently.

Especially the challenges of growing a large amount quickly from a small bankroll are more problematic. We may get some success in the beginning by luck, but if we keep taking the same risks, we are likely to face big losses in the end. Again, many times people start thinking that they have found an effective strategy after seeing a few winning bets. But in reality, most of these are the effects of luck. If the OP just takes this challenge as entertainment, then it is a different matter. But it is not right to always see the challenge as just entertainment of losing money. Some people also take it as a way to test their discipline, bankroll management and decision making.

[Elainebue]

Going from $60 to $1,800 is a massive target though. The monthly milestones make it easier to see whether the plan is actually working.

[TopTort777]

That is one hell of a goal.  I wouldn't put the odds of reaching it very high as if it were that easy to get such a return, nobody would work and everyone would just gamble and make millions of dollars.

At least he has set a reasonable period to achieve that, 9 months; and strategy. Not like the rest marathonists here with all-in in every bet and risking with ~2.00 odds all the time kind of strategy. The problem he could face is lack of events to bet. With playing only 2% of bankroll a day and goal to double bankroll in a month, I cant imagine how many bets he should not only place, but also win.

[9ja Amaka]

Let us know when you failed to keep that target, because this is the part where most people that created similar topics failed to do, once the plan go against them they won't come back.

I wish you all the best and losing $60 won't get you killed anyway,  even if you can't afford to lose it which I don't advice though, but I want you to know that this is gambling not trading.

I would advice anyone to do this plan like on trading rather than gambling, because trading has stop losses, it is safer than gambling, you can choose to use spot trading which has the minimal risk compared to leverage, but you do you, all the best.

This is harsh. Praying for him to fail when he recently started. Keeping the target is not a challenge for him, because he sounds determined. Well, the challenge should be not to lose in the process.

$60 is a big amount to most people. It will be the start of his downfall if he thinks $60 is an amount he can lose at any time. $60 may not be that huge to most people. Still, it is a decent amount to do a rollover.

[Questat]

$60 is a big amount to most people. It will be the start of his downfall if he thinks $60 is an amount he can lose at any time. $60 may not be that huge to most people. Still, it is a decent amount to do a rollover.

That is only his entire bankroll, it doesn’t necessarily mean he will bet all of it during his journey. He mentioned in the OP that his plan is to use only 2% of his bankroll per bet, so if his bankroll grows, that 2% will also increase.

That’s already a very conservative approach. If he were risking a fixed 2% of the original bankroll each time, it would take 50 straight losses to lose the whole amount. And if he recalculates the 2% based on his remaining bankroll after every bet, the risk is even lower.

[Hatchy]

Let us know when you failed to keep that target, because this is the part where most people that created similar topics failed to do, once the plan go against them they won't come back.

We can watch op try though, there's no harm In that. I like seeing from time to time gamblers create these kind of challenges because it helps to motivate those of us who also gambles that it's not impossible to have a defined target even if we know it's quite difficult. Ive tried something like this before but with a bigger bankroll. The problem is that it's gambling and I lost the money unfortunately. It's quite difficult to keep to your rules in gambling compared because ones you find your self losing too much you just lose hope on the target and want to risk it all. It's different from trading though and since the op didn't specify anything about trading, we should leave him be and watch how it goes..

[Mate2237]

First of all, I would say that you are not chasing aggressively because of the strategy you are using to carefully split the days that the bets would be placed but regardless of that it is still a rollover which makes it risky. I'm curious to know if the first bet you placed on the first of September was successful. I don't think it is going to end well but you can try, you are not the first that have tried such a strategy, there's nothing you are doing now that others haven't thought of.

Another thing to consider is the fact that it's just times  30 which isn't really much value but winning in betting most times doesn't have anything to do with if the odds is high or low, at the end of the day anything can happen, you might end up winning or losing. As long as your stake or bankroll is an affordable amount you can lose there's nothing wrong in giving it a try.