0.01 Btc – 1 Btc Bet Challenge | Bitcointalksearch.org

eneilwex

sr. member

Activity: 322

Merit: 250

12/08/16: (BET SIX)

Parlay Bet: Volleyball/Tennis

Argentina vs Cameroon/S. Johnson vs A. Murray : Argentina/Murray Win @ 1.3

https://www.coinbet24.com/coupon/baaaaaksE?affiliate_id=51

0.02494 Btc returns 0.03259 Btc

streazight

hero member

Activity: 910

Merit: 502

If you play for all in all the time but if you can go for 36 times in a row that means if you diversify your winnings for 4-5 different bets that would be a lot profitable.
If you just lose 1 bet you lose it all, that's the number one rule of investment and gambling, do not put all your eggs in a basket. I suggest you make 5 bets a day or 2-3 bets a day at least, divide your incomes and move on to another 2-3 bets that way if one loses you still have 2 left.

eneilwex

sr. member

Activity: 322

Merit: 250

10/08/16: (BET FIVE)

Water Polo (Olympics)

France vs USA - USA Win @ 1.22

https://www.coinbet24.com/coupon/baaaaaklV?affiliate_id=51

0.02044 Btc returns 0.024.93 Btc

Quote from: maku on August 10, 2016, 06:49:57 AM

Quote from: eneilwex on August 10, 2016, 06:13:59 AM

Hey man, this is just for fun. You could always try again. I lost my 1st bet too. But last season I went 36 wins before losing.

I understand this challenge is mainly for entertainment purposes. But loosing your first bet is not different than losing your 36th.
With your rules in the case of 1 failed bet you will lose your entire bankroll. Good luck with this. I will watch your progress.

You are right. To be honest I withdrew a bit along the way, so I was basically playing for free. I intend to do the same here if I get far enough.... maybe at bet 10.

Herbert2020

legendary

Activity: 1946

Merit: 1137

Quote from: maku on August 10, 2016, 06:49:57 AM

Quote from: eneilwex on August 10, 2016, 06:13:59 AM

Hey man, this is just for fun. You could always try again. I lost my 1st bet too. But last season I went 36 wins before losing.

I understand this challenge is mainly for entertainment purposes. But loosing your first bet is not different than losing your 36th.
With your rules in the case of 1 failed bet you will lose your entire bankroll. Good luck with this. I will watch your progress.

i agree, this method of making bets is considered highly risky because one lose means the end of it all and it gets more and more stressing as you get closer to 1BTC and you can make a lot of mistakes when stress is a part of your decision making.

maku

legendary

Activity: 1288

Merit: 1000

Quote from: eneilwex on August 10, 2016, 06:13:59 AM

Hey man, this is just for fun. You could always try again. I lost my 1st bet too. But last season I went 36 wins before losing.

I understand this challenge is mainly for entertainment purposes. But loosing your first bet is not different than losing your 36th.
With your rules in the case of 1 failed bet you will lose your entire bankroll. Good luck with this. I will watch your progress.

eneilwex

sr. member

Activity: 322

Merit: 250

10/08/16: (BET FOUR)

Water Polo (Olympics)

Australia vs Japan - Australia Win @ 1.12

https://www.coinbet24.com/coupon/baaaaakl0?affiliate_id=51

0.01825 btc returns 0.02044 btc

Quote from: Financial_Genius on August 09, 2016, 01:20:51 PM

I'm not in Sad

https://www.coinbet24.com/coupon/baaaaakjh

Hey man, this is just for fun. You could always try again. I lost my 1st bet too. But last season I went 36 wins before losing.

FrueGreads

legendary

Activity: 1582

Merit: 1059

A very interesting challenge to watch. I really don't think it will be easy. I'm running a Tipster Championship in this forum, where every competition has 1 month duration, and we are now in the 8th edition, so I've seen a lot of bets in these last competitions from a lot of users of this forum, and winning @1.1 is not an easy task.

I hope you go through with it, and if it starts going well it will be interest to see i you handle the pressure of going all in on every bet, risking all the work made before!

Good luck to your challenge!

iv4n

legendary

Activity: 3332

Merit: 1191

Good luck my friend, this is going to be hard, but like you said how many people climbed Everest? Its not for everyone, and this is the same. I think you can make it with good choosing of games, and of course if you really come to end without quitting on half cause you are satisfied with winnings.

You will need a lot of luck so I wish you to have it, and I will not follow you for sure, this is not my type of gambling, its better to place everyday 0.01 and every next time to pick higher odd then before. One day you can hit some big odd with big payout, that is much more interesting. But this slow progress can also be good if you have patience and determination to pull it to the end. Good luck once again, I`m watching you.

Financial_Genius

sr. member

Activity: 364

Merit: 250

I'm not in Sad

https://www.coinbet24.com/coupon/baaaaakjh

SAMKUSH

sr. member

Activity: 406

Merit: 250

Most of the bets I place are usually around these odds and I find it works fairly well, I'm not looking to make profit from gambling however and I definitely would not recommend it as a reliable source of income. I would find it very hard to win that many in a row but I might give it a try.

eneilwex

sr. member

Activity: 322

Merit: 250

09/08/16: (BET THREE)

Water Polo W (Olympics)

Russia vs Australia - Australia Win @ 1.29

https://www.coinbet24.com/coupon/baaaaakja?affiliate_id=51

0.01415 btc returns 0.01825 btc

BTCLovingDude

legendary

Activity: 1134

Merit: 1010

BTC to the moon is inevitable...

this is a fun way of gambling on sports and certainly a nice strategy to win but i mostly dislike it because of this one rule here:

"you should use your full stake every day"

this means you can make bets for a long time and since it takes a while to see the results you have to go on about it for days, and one unlucky bet is enough to ruin all your history.

i don't like to see all my efforts down the drain in the 46th day, and knowing my bad luck that will happen to me Cheesy

eneilwex

sr. member

Activity: 322

Merit: 250

09/08/16: (BET TWO)

Water Polo W (Olympics)

Spain vs USA - USA WIN @ 1.21

https://www.coinbet24.com/coupon/baaaaakiN?affiliate_id=51

0.0117 btc Returns 0.01415 btc

eneilwex

sr. member

Activity: 322

Merit: 250

Quote from: NewBet on August 09, 2016, 08:37:54 AM

Quote from: eneilwex on August 09, 2016, 06:27:23 AM

09/08/16: (BET TWO)

A. Arnaboldi vs B. Trinker – A. Arnabold to win

https://www.coinbet24.com/coupon/baaaaakik?affiliate_id=51

0.0117 btc Returns 0.0145 btc

Where you have gone ? It been a week since your first bet are lost.
About your bet , Arnaboldi have already down a set , if Trinker keep on pushing , i think you might lose this second bet too. Sorry to say this but i don't think this strategy actually work that well, did you ever win this challenge before?

Arnaboldi retired, The stake was refunded

btcdevil

legendary

Activity: 1302

Merit: 1027

This is what happens the OP is not online fore more than 1 week after loosing 2 bets and he vanished , This type of Challenge i have seen so many users have taken but till now i think no one have achieved it. The last user i dont remember the name he went till 0.89 btc and lost on next all in. Hope OP returns back with full backup plan ready with deep analysis of matches as PL is going to start very soon.

NewBet

hero member

Activity: 966

Merit: 500

Quote from: eneilwex on August 09, 2016, 06:27:23 AM

09/08/16: (BET TWO)

A. Arnaboldi vs B. Trinker – A. Arnabold to win

https://www.coinbet24.com/coupon/baaaaakik?affiliate_id=51

0.0117 btc Returns 0.0145 btc

Where you have gone ? It been a week since your first bet are lost.
About your bet , Arnaboldi have already down a set , if Trinker keep on pushing , i think you might lose this second bet too. Sorry to say this but i don't think this strategy actually work that well, did you ever win this challenge before?

eneilwex

sr. member

Activity: 322

Merit: 250

09/08/16: (BET TWO)

A. Arnaboldi vs B. Trinker – A. Arnabold to win @ 1.24

https://www.coinbet24.com/coupon/baaaaakik?affiliate_id=51

0.0117 btc Returns 0.0145 btc

minime0105

hero member

Activity: 1246

Merit: 534

Quote from: hasiramasenju on July 30, 2016, 10:31:59 AM

you start it with 1.1 odds maybe that's pretty safe because the odds is not so high but let's see what happen for next your bets and if you have good results during your bets i maybe will follow your predictions and i will keep my eyes for these thread to see how far you go

yeah he can parlay bets at 1.1 odds, its possible to loose as well, but maybe ill try this strat. XD

eneilwex

sr. member

Activity: 322

Merit: 250

Oops! a very bad start for me. I lost my 1st bet. But we go again. Remember this is a challenge, and it would most likely fail. I mean how many people get to climb Everest??? minimum odds are 1.1 and above.

01/08/16: BET ONE

Podoroska N. - Babos T. – Timea Babos to win @ 1.17

https://www.coinbet24.com/coupon/baaaaajMX?affiliate_id=51

0.01 Returns 0.0117btc

Bitinity

legendary

Activity: 3066

Merit: 1312

Quote from: oksana28 on July 30, 2016, 10:44:58 AM

that's very safe strategy , but i remember i lost a bet yesterday with odd 1.2 , anyways i will give it a try.

Nope, there is no "very" strategy, as you have ecperienced by yourself that you lost a bet with low odds. Indeed the chance to win is higher on 1.1x odds but once you lose you need to win 10x bets with the same odds to recover it.

pocarime32

sr. member

Activity: 420

Merit: 250

Quote from: Gustavv on July 31, 2016, 07:22:27 PM

I am not sure it will success because whenever we can get lose with that odds
and get busted before reach one btc, if we lucky enough thats good strategy

Yeah, you are right. Even with the low odds you also can lose, some matches on soccer is unpredictable. But good luck to the OP, maybe you can do this and success.

Gustavv

hero member

Activity: 672

Merit: 500

I am not sure it will success because whenever we can get lose with that odds
and get busted before reach one btc, if we lucky enough thats good strategy

DarkStar_

legendary

Activity: 2772

Merit: 3284

Quote from: JasonXG on July 31, 2016, 04:14:26 PM

Its very unsafe. Its all good on paper but there ia nothing about a loss. This strategy ussumes you win all. When in reality that's not actually what happens. So now what would you do on a loss ? That's what I want to know.

It isn't good on paper. If you did the math, you would see that the chance of it happening is very low. On a loss, OP would probably restart the entire thing, or quit. It isn't very unsafe either - the max you could lose every attempt is 0.01BTC, technically. If you count the profits, than it is different, but your capital at risk is low.

Rubberduckie

legendary

Activity: 1442

Merit: 1000

tough strategy but its only .01

I may give it a shot but when I get to .01 profit maybe pull out my
original .01 investment and it takes a little longer but now your free
rolling. That way if you lose you lose nothing.

Or maybe dont fully invest everything. Maybe on days when your best
bet is 1.20 etc take a little from that bet and bank it. If you use a little
better odds on some days you can extract some of the winnings and at
least bank your initial investment.

Either way its only .01 and a fun challenge, good luck OP and will be rooting
ya on.

Adriandmen

sr. member

Activity: 292

Merit: 251

Telegram: @Adriandmen

1.1 odds and 50 bets. I'm pretty sure that some moment will be a very unlucky day and you will hit rock bottom.

philiveyjr

legendary

Activity: 840

Merit: 1000

At 1.1 odds and 50 bets, I highly doubt you will get there all the way. Instead would suggest doing something along the lines of 1.2-1.3, where you will have to make lesser number of good decisions.

JasonXG

hero member

Activity: 770

Merit: 500

Quote from: oksana28 on July 30, 2016, 10:44:58 AM

that's very safe strategy , but i remember i lost a bet yesterday with odd 1.2 , anyways i will give it a try.

Its very unsafe. Its all good on paper but there ia nothing about a loss. This strategy ussumes you win all. When in reality that's not actually what happens. So now what would you do on a loss ? That's what I want to know.

DirectDice

legendary

Activity: 1008

Merit: 1000

Tipsters Championship www.DirectBet.eu/Competition

I would like to personally invite you to participate in our VIII Free Tipsters Championship.

Come and join us for a chance to win multiple top 7 prizes (up to 2.3 BTC) and compete in our new exciting side competition with 1 BTC Prize Pool.

Just for participating you will receive 70mBTC participation prize, so it's actually risk free.

The registration is already open and the championship will go live on the 1st of August.

You can sign up now here : https://bitcointalksearch.org/topic/xii-free-tipster-competition-sponsored-by-directbet-registration-thread-1248467

Hope to see you there and Good Luck !

All the Best,

Michelle

https://www.DirectBet.eu

DeathAngel

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Activity: 3304

Merit: 1617

#1 VIP Crypto Casino

I've seen lots of these type of challenges but not many people complete them. I wish you good luck though.

NorrisK

legendary

Activity: 1946

Merit: 1007

What is the average chance to win at 1.1 odds?

Even when you have 99% chance to win a you will only win the 1 btc after 47 games in 1*0.99^47 = 62% of the time (which is awesome odds if you stand to win 100x what you put in.)

But if you have a 90% chance to win, the odds are a "bit" worse: 1*0.9^47 = 0.007%

You need atleast 1% chance to win to make a winning bet in the long run.

oksana28

sr. member

Activity: 402

Merit: 250

that's very safe strategy , but i remember i lost a bet yesterday with odd 1.2 , anyways i will give it a try.

hasiramasenju

legendary

Activity: 980

Merit: 1000

you start it with 1.1 odds maybe that's pretty safe because the odds is not so high but let's see what happen for next your bets and if you have good results during your bets i maybe will follow your predictions and i will keep my eyes for these thread to see how far you go

marlboroza

legendary

Activity: 1932

Merit: 2272

49 days is very long period, and 49 bets with 1.1 are risky. Why 49 days? You can find every day at least 10 bets with 1.1, so you can do that in few days Grin

olubams

hero member

Activity: 798

Merit: 503

Quote from: eneilwex on July 30, 2016, 07:55:54 AM

30/07/16: BET ONE

Raith Rovers v Alloa Athletic – Raith Rovers to win

https://www.coinbet24.com/coupon/baaaaajG5

0.01 Returns 0.0157

Will love to be part of this, because of the little risk involved however I will need more details concerning the minimum amount to bet as well as withdrawal in addition to the minimum amount to bet. But wait is it not possible to lose with the 1.1odds?

eneilwex

sr. member

Activity: 322

Merit: 250

30/07/16: BET ONE

Raith Rovers v Alloa Athletic – Raith Rovers to win @ 1.57

https://www.coinbet24.com/coupon/baaaaajG5?affiliate_id=51

0.01 Returns 0.0157

eneilwex

sr. member

Activity: 322

Merit: 250

With pre-season now underway, football clubs are starting to prepare for a new campaign and so am I with my .01 Btc – 1 Btc challenge. I will provide daily bets which will feature pre-season matches and other sports building up to the new season as I attempt to turn 0.01 Btc into 1 Btc. My bets will be posted daily on this thread.

This bet challenge is a bet that contains odds of 1.1 or more and must win for the bet to be successful. The main advantage of a 0.01 Btc - 1 Btc bet is that the risk is low, but it takes time!

Feel free to post your own selections, Lets see who gets there first! If at all!

What is a 0.01 Btc – 1 Btc bet challenge?

Start with 0.01 Btc in a pot and place a bet @ 1.1 odds or more daily. It should take 47 days to reach 1Btc. There are no real rules except you should use your full stake every day! Which means the .01 Btc you started with plus all accumulated winnings added to the pot every day, which you then stake on the next 1.1, then the next and so on…

If you start with 0.01 and just bet purely on 1.1 shots these are your winnings….

10 wins in a row @ 1,1: 0.02593 Btc,

20 wins : 0.06727 Btc

30 wins : 0.17449 Btc

40 wins : 0.45259 Btc

49 wins = 1.0671 Btc

Feel free to quit here if you’re happy with that!

50 wins : 1.17390 Btc

and so on!

Topic: 0.01 Btc – 1 Btc Bet Challenge (Read 1155 times)