$10 to $1000 Challenge

[tjh11]

Hey everyone,

I've been lurking around here for a little while now, and I figured now was as good a time as any to post up this thread.

I've been checking out several other gambling forums, and I was intrigued by one thread in particular where a sports bettor turned 200 euros into over 10,000 euros within a matter of days by compounding his winnings.  (http://community.betfair.com/football/go/thread/view/94070/29824885/zezes-challenge?liveView=0&pg=1)

I understand this is very unlikely, but it still got me thinking: What if I could turn $10 into $1000 by compounding my winnings?  It'll be a challenge, but I'm up for it, and I think I'll be able to do it.  And I'll document all my progress on this forum.  Here is my plan:

-Bet on the "Over 0.5 Goals" in soccer, after doing research on each game
-Compound all of my winnings until I get to $1000

The odds for all of my bets will probably be under 1.10, but I'm fine with that, as long as I win.  Most soccer games do not end in 0-0, but anything can happen in sports; that's why I'll do my research and look at stats for each game I bet on.

I don't know how long this will take me, but stay tuned, and wish me luck!  I'll be sure to update this thread every day with my bets.

Do you bet your whole bankroll each time on 10% chance winners? seems like you will need a lot of luck to get from $10 to $1000, gl though!

Thanks for the support!  I will probably bet my whole bankroll up until I get to $100.

[1713482526]

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[1713482526]

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[1713482526]

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[tjh11]

Wouldn't it be better to just bet at high odds at dice and compundly increase it?

No, because in dice, the house has an edge, no matter what.  If I can maintain a good win percentage, I can have an edge over the house.

[sj2199]

think if u are at the last bet of ur target and u lose..............that would give u real pain..

[BitCoinNutJob]

Wouldn't it be better to just bet at high odds at dice and compundly increase it?

No, because in dice, the house has an edge, no matter what.  If I can maintain a good win percentage, I can have an edge over the house.

You might have an edge but the chances of getting $10 to $100 are still hugely out of your favour unless your edge is very large. Just saying.  No harm in having fun though

[tjh11]

think if u are at the last bet of ur target and u lose..............that would give u real pain..

Yeah that would be bad lol

[tjh11]

Wouldn't it be better to just bet at high odds at dice and compundly increase it?

No, because in dice, the house has an edge, no matter what.  If I can maintain a good win percentage, I can have an edge over the house.

You might have an edge but the chances of getting $10 to $100 are still hugely out of your favour unless your edge is very large. Just saying.  No harm in having fun though

With proper money management, I think I can do it.  And I'll make sure to have fun while making money

[BitCoinNutJob]

Wouldn't it be better to just bet at high odds at dice and compundly increase it?

No, because in dice, the house has an edge, no matter what.  If I can maintain a good win percentage, I can have an edge over the house.

You might have an edge but the chances of getting $10 to $100 are still hugely out of your favour unless your edge is very large. Just saying.  No harm in having fun though

With proper money management, I think I can do it.  And I'll make sure to have fun while making money

If you dont go all in at anytime your chances are pretty good with +ev bets ya, have fun

[tjh11]

Wouldn't it be better to just bet at high odds at dice and compundly increase it?

No, because in dice, the house has an edge, no matter what.  If I can maintain a good win percentage, I can have an edge over the house.

You might have an edge but the chances of getting $10 to $100 are still hugely out of your favour unless your edge is very large. Just saying.  No harm in having fun though

With proper money management, I think I can do it.  And I'll make sure to have fun while making money

If you dont go all in at anytime your chances are pretty good with +ev bets ya, have fun

Yeah I'm not going to go all in once I reach $100.  I think that'll be safer.

[tjh11]

First bet has won!  Goal in the 61st minute.  My bankroll is now $10.40

[jaberwock]

consider other less known options.

Like red cards, penalties, half time, clean sheets, and both teams to score options.

Sometimes they might give a good reward.

[tjh11]

Second bet:

FK Varnsdorf U21 v FK Teplice U21
Over 0.5 Goals
1.01
Stake: $10.40

[tjh11]

consider other less known options.

Like red cards, penalties, half time, clean sheets, and both teams to score options.

Sometimes they might give a good reward.

That's a good idea! What do you recommend?

[jaberwock]

consider other less known options.

Like red cards, penalties, half time, clean sheets, and both teams to score options.

Sometimes they might give a good reward.

That's a good idea! What do you recommend?

Red cards and penalties are rare. But more unlikely in games that are not with teams known by their violence, or in decisive games.

Clean sheet might be a good option if you know one team is going to make defence play, or if one team is much better in defence than in offense.

But all depend on the game

[tjh11]

consider other less known options.

Like red cards, penalties, half time, clean sheets, and both teams to score options.

Sometimes they might give a good reward.

That's a good idea! What do you recommend?

Red cards and penalties are rare. But more unlikely in games that are not with teams known by their violence, or in decisive games.

Clean sheet might be a good option if you know one team is going to make defence play, or if one team is much better in defence than in offense.

But all depend on the game

Yes good point.  Thanks for your advice. I'll check out sportsbooks that offer bets on red cards and penalties.

[tjh11]

Second pick won!  My balance is now $10.50!

[bato323]

Second bet:

FK Varnsdorf U21 v FK Teplice U21
Over 0.5 Goals
1.01
Stake: $10.40

What is the point of betting on odds 1.01?

For $0.1 you are risking your whole balance, not the smartest decision.

[tjh11]

Second bet:

FK Varnsdorf U21 v FK Teplice U21
Over 0.5 Goals
1.01
Stake: $10.40

What is the point of betting on odds 1.01?

For $0.1 you are risking your whole balance, not the smartest decision.

I'm just trying to have a little fun, and see if I can make it to $1000.  Thanks!

[superSTAR777]

You were right on chennai vs mumbai i loosed 5$ only because i thought goals would be under 2.5 and lol 4 goals already in 45 mins

Now i wish you good luck

[adaseb]

People have tried something very similar in Forex or in Binary options trading and basically its very easy to turn $10 into $1000 or $1000 into $100000 if you have a 5-6 sequential winning streak. But its very hard to achieve because its hard to get that many wins in a row.

[tjh11]

People have tried something very similar in Forex or in Binary options trading and basically its very easy to turn $10 into $1000 or $1000 into $100000 if you have a 5-6 sequential winning streak. But its very hard to achieve because its hard to get that many wins in a row.

I agree, but with binary options, the house usually has a large edge. One of my goals here is to gain an edge over the house.