500$ - 30,000$ Gambling Challenge - page 3.

TrumpBets

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Activity: 21

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https://imgur.com/a/RlnlLwo

shoutout to fortbettor for the first bet, i really liked his analysis and followed his bet

link to his thread for the analysis
https://bitcointalksearch.org/topic/lpl-league-of-legends-5243376

Quote from: carlfebz2 on May 01, 2020, 05:15:54 PM

Quote from: TrumpBets on May 01, 2020, 11:35:46 AM

Quote from: coinlocket$ on May 01, 2020, 04:33:57 AM

I see you are not using the strategy on going all-in every bet in a "safe bet" so my previous table won't work anymore.

How do you choose the import and how many bets you are doing per day?

i dont have a certain amount set in stone
sometimes there could be tons of games and i still won't bet
inaction is action as well

it just all depends if i see something valuable to bet on or not

I can say that you're doing well in this one.Keep continuing and you might able to built up
some reputation on here and would gain up some potential followers in case.

Quote from: TrumpBets on May 01, 2020, 04:44:08 PM

current bankroll: 3083.95

Would have a heartattack with this kind of all-in bet 2.7k euro. WTF!
Good luck and hope this would last long. Havent you consider on pulling out some profits? Like getting your initial capital?
In case you bust up then you do at least secure out that 500 bucks.

i wont be withdrawing any money until the challenge is completed - unless i have to change from bookie due to XYZ reason.
this is because i dont want to complicate things and i want to stay as transparant as possible

carlfebz2

hero member

Activity: 2926

Merit: 722

DGbet.fun - Crypto Sportsbook

Quote from: TrumpBets on May 01, 2020, 11:35:46 AM

Quote from: coinlocket$ on May 01, 2020, 04:33:57 AM

I see you are not using the strategy on going all-in every bet in a "safe bet" so my previous table won't work anymore.

How do you choose the import and how many bets you are doing per day?

i dont have a certain amount set in stone
sometimes there could be tons of games and i still won't bet
inaction is action as well

it just all depends if i see something valuable to bet on or not

I can say that you're doing well in this one.Keep continuing and you might able to built up
some reputation on here and would gain up some potential followers in case.

Quote from: TrumpBets on May 01, 2020, 04:44:08 PM

current bankroll: 3083.95

Would have a heartattack with this kind of all-in bet 2.7k euro. WTF!
Good luck and hope this would last long. Havent you consider on pulling out some profits? Like getting your initial capital?
In case you bust up then you do at least secure out that 500 bucks.

TrumpBets

newbie

Activity: 21

Merit: 2

01/05:

https://imgur.com/a/u9u6wOw

1 small bet, nothing out of ordinary Grin

current bankroll: 3083.95

TrumpBets

newbie

Activity: 21

Merit: 2

Quote from: coinlocket$ on May 01, 2020, 04:33:57 AM

I see you are not using the strategy on going all-in every bet in a "safe bet" so my previous table won't work anymore.

How do you choose the import and how many bets you are doing per day?

i dont have a certain amount set in stone
sometimes there could be tons of games and i still won't bet
inaction is action as well

it just all depends if i see something valuable to bet on or not

coinlocket$

legendary

Activity: 2534

Merit: 1517

#1 VIP Crypto Casino

I see you are not using the strategy on going all-in every bet in a "safe bet" so my previous table won't work anymore.

How do you choose the import and how many bets you are doing per day?

deisik

legendary

Activity: 3514

Merit: 1280

English ⬄ Russian Translation Services

Quote from: acroman08 on May 01, 2020, 12:02:23 AM

But I still ended up reading most of it after you mentioned there were screenshots of your results. it was an interesting and great thread and I learned a lot. I'm glad you had a successful experiment. is there a chance that you might do this again on a different altcoin? also, it's such a shame that crypto-games only allow 1 dogecoin as the minimum bet. it would have been interesting to see how much difference the outcome might have been

So as not to derail this thread anymore, see my reply here

acroman08

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Activity: 2436

Merit: 1104

Quote from: deisik on April 30, 2020, 06:54:30 AM

Quote from: acroman08 on April 29, 2020, 04:32:20 PM

Quote from: deisik on April 29, 2020, 04:11:35 PM

Basically, I was running a martingale setup whose purpose was to prove that martingale is a simple, workable strategy if employed wisely and cautiously (for more info see here). Essentially, the effort was to show that the randomness of the games of chance (e.g. dice) can be effectively used against the house itself (i.e. the casino). In lay terms, it means that you can earn some dough in the process in a pretty risk-free and consistent manner (as long as the casino stays fair and you not greedy)

so have you got any data on how much you made in the months that you were doing the experiment? and was the amount earned worth the time considering how low the bet might have been in order to make the strategy risk free? I know you posted a link for more info but I am just too lazy to read all through the 9 pages of that thread

You don't need to read all the pages of that thread

Technically, you don't even need to read anything at all there. Just browse the last few pages and look for the screenshots I posted reflecting the milestones of my martingale journey. I started with free dogecoins, which are available through the 7-day streak faucet at wolf.bet, and earned around 100 dollars in total

I can't actually say that it was a risk-free strategy at first as I was on the verge of busting a couple of times, but then, as my profits grew, I became more and conservative as well as risk-aware. Since I was running autobet, the time was a non-issue obviously, even though I was taking a peek at how things were going on there now and then

But I still ended up reading most of it after you mentioned there were screenshots of your results. it was an interesting and great thread and I learned a lot. I'm glad you had a successful experiment. is there a chance that you might do this again on a different altcoin? also, it's such a shame that crypto-games only allow 1 dogecoin as the minimum bet. it would have been interesting to see how much difference the outcome might have been

wwzsocki

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Activity: 2744

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First 100% Liquid Stablecoin Backed by Gold

I have to admit that looking at your bets OP it indeed looks like you know what you are doing and literally almost mastered your strategy.

A few weeks ago we have discussed esports betting in one of the threads and I was totally skeptical about the possibility to achieve positive ROI when betting on esports bets.

OP proved to me already that I was totally wrong. I have read that you played a lot and were involved in esports, but I want to ask a few questions about the insides of your betting if possible?

How you choose the winning teams? Are you following all tournaments and matches? Read some articles? Where you find the needed information about players, teams?

TrumpBets

newbie

Activity: 21

Merit: 2

bet from yesterday

29/04/2020:

https://imgur.com/a/buOOh8O

put my chips in during first game on the whole series; ended up being a clean sweep for fpx so pretty happy with the bet

30/04/2020

https://imgur.com/a/1gGSTmT

3 bets for today

out of the 3 i liked the one that i lost the most, gamerlegion had so many opportunities to close out the game. At one point I had the option to cash out for double but I hesitated for a second and couldn't for the rest of the game. By far the biggest value bet.

the challenge is going much better than i have anticipated but next tuesday there is a one month break for LoL games so i might switch to csgo but there will be way less games that im going to pick for the challenge

current bankroll: 2775.62

deisik

legendary

Activity: 3514

Merit: 1280

English ⬄ Russian Translation Services

Quote from: acroman08 on April 29, 2020, 04:32:20 PM

Quote from: deisik on April 29, 2020, 04:11:35 PM

Basically, I was running a martingale setup whose purpose was to prove that martingale is a simple, workable strategy if employed wisely and cautiously (for more info see here). Essentially, the effort was to show that the randomness of the games of chance (e.g. dice) can be effectively used against the house itself (i.e. the casino). In lay terms, it means that you can earn some dough in the process in a pretty risk-free and consistent manner (as long as the casino stays fair and you not greedy)

so have you got any data on how much you made in the months that you were doing the experiment? and was the amount earned worth the time considering how low the bet might have been in order to make the strategy risk free? I know you posted a link for more info but I am just too lazy to read all through the 9 pages of that thread

You don't need to read all the pages of that thread

Technically, you don't even need to read anything at all there. Just browse the last few pages and look for the screenshots I posted reflecting the milestones of my martingale journey. I started with free dogecoins, which are available through the 7-day streak faucet at wolf.bet, and earned around 100 dollars in total

I can't actually say that it was a risk-free strategy at first as I was on the verge of busting a couple of times, but then, as my profits grew, I became more and conservative as well as risk-aware. Since I was running autobet, the time was a non-issue obviously, even though I was taking a peek at how things were going on there now and then

panganib999

hero member

Activity: 1750

Merit: 589

It is interesting that the OP have something to be busy about rather than thinking negatively the odds or this situation we have right now with the pandemic Coronavirus. It will be interesting to see once the OP have fully accomplished the challenge of $500 to $30,000 duly by gambling. I think it will take quite sometime depending on his luck and the way he strategize his management on doing bets. I am looking forward to see how many days will it take him to finish his own challenge and the journey he would take to get along on finishing the challenge. Well, it is a good time waster specially for those who are already bored at home to try your luck on gambling and see if you were lucky enough to make money until the end of this pandemic.

acroman08

legendary

Activity: 2436

Merit: 1104

Quote from: deisik on April 29, 2020, 04:11:35 PM

Quote from: coinlocket$ on April 29, 2020, 03:54:12 PM

Quote from: deisik on April 29, 2020, 03:02:39 AM

Quote from: Betwrong on April 28, 2020, 08:38:42 AM

but you can't play a billion times during your lifetime

That's actually not correct

Within a few months I made, let me count, one, two, three... yeah, 31392329 bets in total at wolf.bet, i.e. over 31M bets. In this manner, if you play nonstop in auto-mode using safe settings (so that you don't get busted in the process) and making like 4-5 bets a second, you could actually notch up over 1 billion bets in a couple of years, give or take a few months. Well, given your vagueness about how much lifetime is exactly, a couple of years may turn out to be one too many in your calendar

@deisik Just curious about it, do you got any reason for doing so?
Any cashback bonus, any wagered contest run or you are doing for fun?

There was plenty of reason for doing that

Basically, I was running a martingale setup whose purpose was to prove that martingale is a simple, workable strategy if employed wisely and cautiously (for more info see here). Essentially, the effort was to show that the randomness of the games of chance (e.g. dice) can be effectively used against the house itself (i.e. the casino). In lay terms, it means that you can earn some dough in the process in a pretty risk-free and consistent manner (as long as the casino stays fair and you not greedy)

so have you got any data on how much you made in the months that you were doing the experiment? and was the amount earned worth the time considering how low the bet might have been in order to make the strategy risk free? I know you posted a link for more info but I am just too lazy to read all through the 9 pages of that thread.

deisik

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Activity: 3514

Merit: 1280

English ⬄ Russian Translation Services

Quote from: coinlocket$ on April 29, 2020, 03:54:12 PM

Quote from: deisik on April 29, 2020, 03:02:39 AM

Quote from: Betwrong on April 28, 2020, 08:38:42 AM

but you can't play a billion times during your lifetime

That's actually not correct

Within a few months I made, let me count, one, two, three... yeah, 31392329 bets in total at wolf.bet, i.e. over 31M bets. In this manner, if you play nonstop in auto-mode using safe settings (so that you don't get busted in the process) and making like 4-5 bets a second, you could actually notch up over 1 billion bets in a couple of years, give or take a few months. Well, given your vagueness about how much lifetime is exactly, a couple of years may turn out to be one too many in your calendar

@deisik Just curious about it, do you got any reason for doing so?
Any cashback bonus, any wagered contest run or you are doing for fun?

There was plenty of reason for doing that

Basically, I was running a martingale setup whose purpose was to prove that martingale is a simple, workable strategy if employed wisely and cautiously (for more info see here). Essentially, the effort was to show that the randomness of the games of chance (e.g. dice) can be effectively used against the house itself (i.e. the casino). In lay terms, it means that you can earn some dough in the process in a pretty risk-free and consistent manner (as long as the casino stays fair and you not greedy)

coinlocket$

legendary

Activity: 2534

Merit: 1517

#1 VIP Crypto Casino

Quote from: deisik on April 29, 2020, 03:02:39 AM

Quote from: Betwrong on April 28, 2020, 08:38:42 AM

but you can't play a billion times during your lifetime

That's actually not correct

Within a few months I made, let me count, one, two, three... yeah, 31392329 bets in total at wolf.bet, i.e. over 31M bets. In this manner, if you play nonstop in auto-mode using safe settings (so that you don't get busted in the process) and making like 4-5 bets a second, you could actually notch up over 1 billion bets in a couple of years, give or take a few months. Well, given your vagueness about how much lifetime is exactly, a couple of years may turn out to be one too many in your calendar

@deisik Just curious about it, do you got any reason for doing so?
Any cashback bonus, any wagered contest run or you are doing for fun?

tyKiwanuka

legendary

Activity: 1722

Merit: 1671

#birdgang

Quote from: TrumpBets on April 29, 2020, 09:20:14 AM

ill try to post the pre-match bets in advance but most of my bets will be live anyway and i don't see any value of posting those since you will never catch the same odd

Thanks. It's not about (me) following your bets, but to follow, track, verify your challenge. No offense, but there are lots of people showing up here making lurid claims without being 100% transparent (often times not even 10% transparent). I think you know your stuff and are not one of those users. So, if you make a live-bet @1.5, where odds go down to @1.1 by the time of posting here, it's no problem, but helps with tracking. Good luck

deisik

legendary

Activity: 3514

Merit: 1280

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Quote from: Betwrong on April 29, 2020, 07:03:08 AM

By my estimations, assuming that one plays on autobet with 5 bets per second speed, 10 hours per day, 300 days per year, it's theoretically possible to make over 50 million bets within a year

See, I was right about your clock being skewed

Last time I checked, the day was more like 24 hours on planet Earth, with a year being 365 days (barring a leap year), which is what betting in auto-mode suggests (even if it is next to impossible to do in practice). So here's the most accurate and correct calculation to date:

Quote from: Betwrong on April 29, 2020, 07:03:08 AM

Quote from: tyKiwanuka on April 27, 2020, 07:02:51 AM

Play dice 1000000000000000000 times in a row and I can tell you exactly what you will lose - the house edge.

whether 1 billion bets is enough to say that you will lose exactly the house edge is a big question.

I remember we have already discussed this matter, and recently you have been forwarded to my topic where I actually show real-life stats proving that after 100k bets luck, as the only force opposing the house edge, becomes utterly irrelevant and inconsequential. Simply put, 1 billion bets, whether made by a single player or by a crowd of countless players, is a massive overkill in this regard

TrumpBets

newbie

Activity: 21

Merit: 2

Quote from: tyKiwanuka on April 28, 2020, 02:23:02 PM

Quote from: TrumpBets on April 28, 2020, 09:28:34 AM

really happy about my second bet; played it out perfectly; waited for the right moment and just went for it

https://imgur.com/a/4lECqnn

Looks like you are doing lots of live betting, where this is not always practicable, but could you post at least your pre-match bets in advance here ? Because those screenshots might not tell the whole story and it's easier to track for people then. If time, you could also post your live-bets here once submitted, although I know you probably couldn't care less while being in action and following the games.

@Betwrong
To not further derail the convo here, sorry @OP, we should move to this thread: https://bitcointalksearch.org/topic/house-edge-vs-luck-the-last-stand-5227515

ill try to post the pre-match bets in advance but most of my bets will be live anyway and i don't see any value of posting those since you will never catch the same odd

Quote from: TopTort777 on April 29, 2020, 07:59:57 AM

Thanks for the answers.

Catch another two questions:

1. Dont you want to add dota2 to your game list as the game seems the same ? (geek question)
2. Are you planning to withdraw 30k with one batch or you gonna have several withdrawals? Or you gonna win, for example, 5k and make a first/partial withdrawal?

The reason I’m asking is because withdrawing 30k eur in one transaction might cause question in the bank or on gambling site.

The reason I’ve asked about the games because betting lol and cs:go only will narrow earning possibility.
For example you see a 99% win bet in fortnite - why not consider making a this bet, even if you dont know much about the game.

so over the years i have created a system that works for me and provides enough possibilities by just sticking to few sports.
my system could be applied to almost any sport - for me personally this just happens to be LoL
i have withdrawn more money than that and i've never had trouble with my bank

TopTort777

legendary

Activity: 2394

Merit: 1476

Thanks for the answers.

Catch another two questions:

1. Dont you want to add dota2 to your game list as the game seems the same ? (geek question)
2. Are you planning to withdraw 30k with one batch or you gonna have several withdrawals? Or you gonna win, for example, 5k and make a first/partial withdrawal?

The reason I’m asking is because withdrawing 30k eur in one transaction might cause question in the bank or on gambling site.

Quote from: Quidat on April 29, 2020, 07:56:32 AM

~

The reason I’ve asked about the games because betting lol and cs:go only will narrow earning possibility.
For example you see a 99% win bet in fortnite - why not consider making a this bet, even if you dont know much about the game.

Quidat

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Activity: 2688

Merit: 540

DGbet.fun - Crypto Sportsbook

Quote from: TopTort777 on April 29, 2020, 06:16:32 AM

Hey TrumpBets,

I have two questions about your betting strategy, so would you be so kind to answer them?

1. Why do make just 1-3 bets per day? You've said you like League of Legends and CS:Go - there much more than 1-3 games are played during the day.
2. Why exactly you have chosen these two games ? Where you prof. player in the past or you followed all the esport events? You only have said that you are prof. gambler - so why you focus on esport, but not on a regular sport ?

If we do try to read up again the op then you will able to read this;

Quote from: TrumpBets on April 26, 2020, 04:18:36 PM

I have been gambling professionally since 2013. My bread and butter is esports; more specifically League of Legends. Ocasionally I will dip my feet in cs:go and football/soccer.

Which means that he's been on betting with LOL for too long.Switching other e-sports isnt impossible yet you can easily watch up history and make
it as a preference into your betting style.

When i do check out on how op do bet or when it comes to fund management then this one is really aggressive.One loss and it would blow it all.
Having the target of 500 bucks to 30k is achievable but at least it should be done in a bit conservative way.

TrumpBets

newbie

Activity: 21

Merit: 2

Quote from: TopTort777 on April 29, 2020, 06:16:32 AM

Hey TrumpBets,

I have two questions about your betting strategy, so would you be so kind to answer them?

1. Why do make just 1-3 bets per day? You've said you like League of Legends and CS:Go - there much more than 1-3 games are played during the day.
2. Why exactly you have chosen these two games ? Where you prof. player in the past or you followed all the esport events? You only have said that you are prof. gambler - so why you focus on esport, but not on a regular sport ?

hey man, good questions

1. I do make more bets, they are just not included in the challenge. The are two main reasons for that.
- this thread was made as a challenge for myself starting from 500$ to 30,000, this is also not the usual amount I wager with. I do have my own bets running on the side.
- I have a specific way in mind on how i want to complete this challenge - of course it's still gambling and i might have to adapt my strategy later on if things don't go according to plan - nothing is set in stone

2. Esports have always intrigued me and I always knew it's only going to get bigger and one day may surpass traditional sports. I have played LoL and cs:go actively but not professionally. I am actually very knowledgeable and succesful in football wagering. But for me personally in order to maximize my profits I like to specialize in one sport. Obviously this might work for me but not for others.

Topic: 500$ - 30,000$ Gambling Challenge - page 3. (Read 1142 times)