Topic: 500$ - 30,000$ Gambling Challenge (Read 1143 times)

Those were free rolls, so it doesn't amount to much (read, any winning number would be as good)


We don't know that

And as I'm strongly inclined to think, a failure to win wouldn't be as hard to publicly admit as to sign up to a failure to go through the challenge due to one's deliberate choice. The point is that whether you win or lose is mostly a matter of luck, i.e. not one's contemplated choice. However, grabbing the winnings and running away with the spoil has little to do with luck, right? Regardless, I wouldn't go hard on OP. He did the right thing anyway if it was indeed the case

There could be value bets in some of those matches as their odds are between 1.6-1.8 but I don't think it's a good idea to bet right away on the first day of the tournament because the upset potential is slightly higher now that the tournament is going to be held online. If you're looking to make a bet on the Mid season cup I suggest watching the first few days to get a feel on which teams would perform well.

Hey TrumpBets ! Haven't seen you for a long time. Hope you did not lose your bank

Found out that this Thursday starts Mid-Season Cup 2020. Are you planning to use it as an attempt to reach your goal? As a professional LoL gambler, maybe you could give us some predictions on this event or a game where you think it will is clear who will win ? 

Get back the original stake as soon as possible then you wont be ended by random results which are bound to happen.   Are these games at LAN or online because in my experience online adds a healthy dose of random chaos to the proceedings that can favour seemingly unlikely outcomes.   Plus a team in person I think are a bit more together literally and communciatively.

Heres G2 'losing' somehow winning then actually taking the entire match after in theory having lost it at this point.    https://clips.twitch.tv/WiseSpoopyTitanDatSheffy


Smart, full throttle just means you hit a tree on the next bend :p  That is an active choice to make, some games are poor in the odds because people will stack the bets on a popular team and get it wrong which doesnt make the underdog reasonable to take either though I like to throw in something if I'm watching.

Right, but imagine how'd you feel if you were betting on that exact number.


If you mean he quitted before reaching his goal or busting it all, I don't think so. Rather, he's not willing to discuss his failure.



I have created a separate thread for discussing this topic. Please, share your thoughts there.

It is not easy to win a big amouth on dice only using faucet satoshies,but there are other ways you can use faucet money.

That's the idea behind rolling on so high a multiplier

It is not like you are going to win once in a thousand rolls as it goes well beyond that. The higher the multiplier, the more variance you are likely to face and overcome. So if you are rolling on x2 multiplier, you will see around 500 wins in 1000 rolls (give or take), but on x9900 multiplier you may not see a win in a million rolls due to extreme variance. And if you win before making as many bets as expected on average by the probability on that multiplier, you are a truly lucky person (for the time being)

Even i have tried hitting 9900x payout on dice a long time ago when the price of bitcoin was small and i have busted a lot rather than hitting the target successfully, i know how it feels to win after having all those losses, sometimes you hit early and sometimes it will take a much longer time and i still remember rolling a thousand times and still not having the luck and then the site reset the seed without informing you makes everything a big disaster.

@OP how long you have gone and what is the current status.

Well, I meant something above the base amount, obviously

However, thinking in that direction leads us to the inevitable conclusion that hitting zero should either wipe the balance or take something from it (though the latter should be reserved for negative outcomes). In fact, wetsuit implemented many things I had talked about in his topic over here (in this board or its parent). For example, sharing the referral commissions with the referred users was entirely my idea, so he may take a note


Never got even close

Strange that you expected something, when it is clearly seen that get basic amount of satoshi for rolling 0- 9885  You could not have nothing, I'm sure you got something.

If I would roll 0, I would not feel as great as I would roll 9998 - 10000 

Btw OP was online today. I guess all what is left is to just wait… (I'm going to update less in May since most LoL leagues are on a break.). Maybe he could switch to dota2 for some time and make smaller bets, as the game is quite similar to LoL.

If there's an easy money out there it would be gambling in esports or physical sports. Although i dont think i could do this challenge after all i play safe and only gamble what i can afford to loss.
Especially in sports there's always a chance for a turn around and if you bet all in, you've get rekt.

Why not just make a little statement here about the status quo ?! OP was online in the last days and could easily stop the speculations Going from daily bets for this challenge and posting the results here, to suddenly vanishing without a peep is a bit weird, but to each his own.

It's no shame to lose bets (I have lost thousands ) or to fail with a challenge, but if you post your winners, you should also be open about losses and admit defeat - for the time being. Failures pave the road to success, so they are a necessary, but often brutal, ingredient.

Back in the day, I had been free-rolling at freebitco.in

And I once rolled 0 there, never before and never after. You would kinda expect it to be something like a jackpot or at least a handsome bonus, but it was nothing, just nothing (which is what you actually had to expect, yeah). I can't say I was feeling great. In fact, it felt like a complete anticlimax


Well, OP could just have come to understanding that it was too much of a good thing, and then he wound up earlier than his challenge suggested. If that's the case, I understand him perfectly (read, that was a right decision)

You described it well! Indeed, there are gamblers(and I am one of them) who set almost unreachable goals(sometimes, not always) to have a chance to rejoice greatly when the goal is achieved. I like chasing 9900x payout on dice, and, obviously, I lose most of the time. My overall profit from this activity is surely negative. But I did catch those winning numbers, 0.00 and 99.99, several times, and I can't explain to someone who never won with 0.01% win chance, what a great feeling it is!

Some people criticize OP for setting an unrealistic goal, but I can perfectly understand him. If he can afford losing €500, he did nothing wrong.

I do agree with this one yet this thread is actively updated until op didnt make a post for sometime which basically means that he do lost all yet going all in on each bet will
surely bust all of your balance.We know that gambling doesnt work that way and no matter how professional you are with sports betting, losing bets are inevitable and
with that kind of all-in system then theres no room for error because you even on 1 lost then its game over.I just do have that feeling of regret when he already had
6k usd. He should have cash out it and indeed contented to that amount.

It is the fact itself that you can win on so high a multiplier

And if you win it before making so many bets (which is the hope here as far as I can tell), that basically proves that you are a lucky person, all in all. Then you will feel happy, like a chosen one, even if only for a brief period of time. This is basically what makes you into a gambler -- no mater how much or how long you lose, it is this rare moment when you are a winner that counts in your own frame of reference and in your internal value system (lucky or not)

If you bet 4 satoshi and win with 49031x multiplier, then you would win 196k satoshi only, which is less than 20 backs. Correct?
What a strange way to spend time I guess you gamble just to gamble, but not to win a lot.

Sadly, it may be true. None of us is immune to a strike of bad luck. But that doesn't mean we shouldn't try to achieve our goals, even some unrealistic ones.

For example, my goal these days is to win on Mines with 49,031x multiplier. Is it unrealistic? Bloody well it is! The win chance is 0.002%! But that won't stop me from making several hundreds rolls occasionally in the pursuit of hitting it. The important thing is that my bet amount is small, just 4-8 sats. I can afford losing several thousand sats after all.

And something tells me that OP could afford losing €508. So, he's most likely okay.

Still, would be interesting to know how it happened though.

OP hasn't updated the thread for a week now, maybe he lost all his money because he took on a ridiculous challenge and set unrealistic goals.

Let this be a lesson to everyone, don't set crazy goals. Be happy with the small wins, the odds are always against you—don't make it worse than it needs to be.

His bankroll is on 6k now! damnnn. That is actually a good result! I think he ca what he want to do since we are seeing the result that he is actually doing good and having a consecutive wins. I hope he is not going to lose his money on just one bet. Yeah, winning is fun but make sure that if you are gonna lose you can handle it well and don't go all in, in one lose. Sometimes I'm just like that, if I win small I will be contented and if I lose, I will be aggressive. But as of now, Good job!!! 

It's been five days since the last post here. I'm wondering how it's going to develop.

No one is immune to bad luck, OP, so if you lost all-in betting with some 1.05 odds, or something like that, we can perfectly understand it. But please don't abandon this thread. Say something. I bet more than 10 people are following your challenge, so, any word from you would be greatly appreciated.

As scientific experimentalists put it: "A bad result is also a result".

It will be a tragedy if OP makes an odd with 1,0x coefficient (which I call an easy bet or 99% win) and losses due to his all-in strategy.

Btw, TrumpBets, what is your best or most successful bet in you career?

Looking at his current progress, it's not that impossible. He went from €508 to €6,184.44, that's more than 10x increase. Now he needs only 5x increase, and voila, the goal is achieved. So, the hard part is over, I'd say. What's left is to not bust all the winnings because of the bad luck.

Good luck, @TrumpBets!

It looks like you can really make it to the €30k.

You can definitely have 13 consecutive winning days. Just need to be more selective.
There were lol and csgo games yesterday but none that i found valuable enough to include in my challenge.
I'm going to update less in May since most LoL leagues are on a break.



I do make my own bets on the side, taking riskier lines but with proper bankroll manegement.
While in this challenge I opted for more valuable bets with aggressive BR approach.

TrumpBets have missed May 6 post and I'm sure there were LoL and cs:go matches that day.
It is either he forgot to post, or his all-in tactics failed. Could be option Nr.2, because you cant just win for 13 days straight.

I would definitely do that thing if i do able to reach x15 into my initial capital and i would feel nervous on each bet you would make since its an all in style.
Busting that thousands on a single bet will really leave you into that regretting situation.We should really have that kind of limit or profit taking
but it seems op is enjoying on what hes been doing.I can say that this one is one lucky fella but we all know that luck doesnt last forever. lol

Incredible, I really appreciate the way you bet. Whatever your choice I'm sure it is the best choice and has been considered, so keep doing your best and good luck. But I'm just worried if you end up losing everything, it doesn't hurt if you cash it maybe only a few percent of the profit, good luck once again. Cheers!

He actually did a huge progress compared to when he started this thread, and I wonder how longer will it take for him to reach his goal with the current situation, or of ever he can make it or not. If ever that was me I would have withdrawn my profit before I end up losing it. But since he has an aim and he is determined to do it due to his goal, I think it would be great to watch his progress as he goes achieving his goal.

So far you have already x15 your initial bankroll.

I think you should take your profits while you can, I doubt you'll be able to defy the odds for much longer.

Also, are these the only bets you have been placing in this time, or have you already been running others? That could be eating into your EV.

Setting a specific goal to reach in gambling is rarely a good idea.

I think it is impossible to reach 30k with 500.
You are forced to do a lot of bets and as you gamble more you will be eventually lost. The profit you have made so fast 900 is a good one almost 2x. Now that leagues are going to start again you will be able to continue your challenge.

Nice skill if you ever reach your goal I would consider doing this challenge too but I am not really good at betting so maybe a smaller capital and smaller goal with other types of gambling games.
But I think it would still be far from now since gambling is still out of my to do list and not really part of my budget since I don't have much right now.

im sure he will stop and withdrew all his winning because he only state 30k usd  .

  he started small at 500 usd and his current balance now is at 4k usd which is already a good achievement  .  this guy do really have a skill  but we dont know if he ever reach 30k usd because that is already a milestone achievement  . im not worrying but what currency he use , stable or not but what im more worried about his run   . 

Mate, me neither. After all it's your bets and it's your thread. I'm almost sure the table can be improved. I just suggested to show all your progress since the beginning in each post for the convenience of the readers.


Congrats on adding 40% to your bankroll since the last time! Man, you are doing great! Good Luck in the future!

hey thanks for working that out lol
not sure if that's the best way to represent my bets but maybe it's an improvement?

05/05/2020:

https://imgur.com/a/bW9R2iS

i took a couple days off from the challenge as i had some plans this weekend
came back strong today
 happy of my two bets
missed one ldlc vs btxl, could have had 1k more but oh well it is what it is

current bankroll: 6184.44

TrumpBets, after you have reached your goal, will you plan to continue or you will withdraw all the winnings ?
So far you are doing great and gaining "x" more stable that cryptocurrency.

Bets on other platforms don't matter. What matters is the accuracy in the numbers regarding your betting on this platform. I checked all of them myself, and I can say that they are accurate so far.

For the convenience of the readers I decided to create the following table:


BET#. DATE - Initial bankroll -> Final bankroll

1. 25/04/2019 - 508.00 -> 677.33

2. 26/04/2019 - 677.75 -> 982.59

3. 27/04/2020 - 982.59 -> 1,375.62

4. 28/04/2020 - 1,375.62 -> 875.62

5. 28/04/2020 - 875.62 -> 1,425.62

6. 29/04/2020 - 1,425.62 -> 1,925.62

7. 30/04/2020 - 1,925.62 -> 2,550.62

8. 30/04/2020 - 2,550.62 -> 3,025.62

9. 30/04/2020 - 3,025.62 -> 2,775.62

10. 01/05/2020 - 2775.62 -> 3,083.33

11. 02/05/2020 - 3083.95 -> 3,508.95

12. 02/05/2020 - 3508.95 -> 4,446.45

Starting bankroll: 508.00
Current bankroll: 4,446.45

I think it would be great if you would post this table in the end of each post from now on(you can improve it of course ), adding new rows to it, so that the readers could see your progress without going through the whole thread.

i have posted an image of every bet that i made since the start of my challenge, so no bets are missing.
I will be using just this one account and i wont be withdrawing nor adding any money during this challenge
however i do make other bets on other platforms in the meantime which are not included in here

I replied to your post here

Then how would you explain that some people are in overall profit after making millions of bets on dice sites? Do you think all of them are using some kind of sophisticated betting strategy, something like that "Martingale-DOGE" one of yours? Or how else could they beat the house edge, if not by pure luck?



You've been making a good progress so far. Congrats! Going to keep following this thread. Very interesting.

One question, though. Are the bets we can see in this thread constitute all of your bets made since the April 25 on that particular site, or some of them may be missed?

bets from yesterday were a succes

02/05/2020:

https://imgur.com/a/m52Acvk

credit goes to fortbettor - I posted a link to his thread earlier (provided great analysis which convinced me to follow his line)
second bet played out perfectly, betted against Top's early game draft and JDGs late game comp. Couldn't have chosen a better odd for that game



current bankroll: 4446,45

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


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

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.

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.

01/05:

https://imgur.com/a/u9u6wOw

1 small bet, nothing out of ordinary  


current bankroll: 3083.95

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 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?

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

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

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?

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

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

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.

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.

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)

@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?

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

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:


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

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


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

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.

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

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.

Check on for how long you've been actually playing there, and I bet it will be close to one year(most likely more than that). And that was my point, it could take 30+ years of pretty persistent playing for making a billion bets.

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:



but actually few sites have that high speed, and those who do can't boast of having it all the time.

I agree with you, I shouldn't have said "you can't play a billion times during your lifetime". It is not absolutely impossible.

Yet, returning to what I was replying to,


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

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 ?

Why not? you are gambling because you want to win money, that's the reason why you risk your money at first hoping you'll win.
If you can win ,then why not just maximize your winning, in this cause OP's has a high goal but it's not impossible.

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

The Gambling challenge that you do looks interesting to me, hopefully your next gambling challenge will be successful. I know you are quite
experienced in the world of gambling, but in my opinion, taking profit does not need to be large. Later it can make you lose money, be careful
when taking the decision is important. This is just a small suggestion from me, good luck with your gambling challenge.

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

hey guys

this thread was made to show you guys all that it's possible to profit by wagering on sports


28/04/2020:

i made two bets; not too happy about the first one
disregarding the result, putting my money on 1.6 wasn't worth it at all. my team got completely destroyed even though they had the better team composition

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


tomorrow we will do better



current bankroll: 1425.62

Agree with you - the house edge is too small to make a considerable difference. If you can bust with 97% chance of winning on dice and can also bust with 1% chance, it is quite clear that the house edge only gets a small advantage out of the game. In the end, greed can kill a session in no time.

Some people get to think that you either have a huge chance to become a milionaire if you keep playing or that you'd lose no matter what because the game is rigged. Well, it's us that keep betting even after small losses and we lead ourselves into a huge damage of our wallet. It's us that get greedy and lose everything after a big win. Casino only has that 1% house edge and that's it, but the decisions are made by us..

I think many people misunderstand how the house edge works(or it is I who misunderstands it, but, anyways, I think differently). The house edge is not working against you in particular, because you simply can't, you physically can't, not only play a quadrillion times in a row, like in your example, but you can't play a billion times during your lifetime. And, as you rightly put it, only with the enormous amounts of bets, we can predict with high probability what is going to happen.

In short, one particular player can either win because of good luck, or lose because of bad luck, but the house edge, especially as small as just 1%, has little to do with it.



Again, it is not that simple. The "longterm" can mean a thousand years. Within a year or two anything can happen with the best poker player, or sports bettor. Look at the Tom Dwan's performance during the year 2009, for example:

What a huge target but so far so good I see that you are making some great progress and I know there are also other members who are waiting for more.
I wish you all the best and hope that you could make it to your goal so you could set some example to all of us that anything is possible.

I am sure many of us have the interest to see what the OP do. If he can update for what he did, I think he can give tips or suggestion to people. Keep an updated OP, and still be careful when you place the bet. We don't know if you can achieve your goals, but I hope you don't be greedy to chase the win money

Imma bout to get my popcorn and look forward for what next thing to happen. Interesting

Good luck, man.

Actually, it is not easy to complete that challenge of yours but since you are confident that you can manage your bank roll well, i wish luck on your challenge. I was a victim of such low odds but I know I haven't know the team I was betted on before.
 
 Just do not all in your bank roll, remember that games are changing even those low odds teams can not be trusted. Anyway, you had a good returns buddy. I know you can complete this challenge in due time. Im not really good in sports betting so I will put this on my watchlist to see how is your journey. I do hope you may update this thread time to time.

Good luck with your venture. This will be a long journey and I hope you'll have a positive outcome with this. I am also fond of playing online games but haven't tried betting since I had stopped playing and is outdated of the current roster and gameplays. I hope you can share some of your bets here too. Best of luck.

I've seen a lot of newbies in the past creating thread with the similar mission but they just disappear eventually.
Hopefully you are serious with your mission and you'll stay here for long, it's nice to see someone sharing his journey while most of us pause our gambling activity for awhile. $500 isn't a serious money to begin with, but you aim a serious money, so this is quite interesting, good luck.

Thanks. Good luck on your journey - make sure you keep us up to date!

1.4 is the decimal version of an odd; the american counterpart would be -250
it is exactly how you described it.
If you win you get 1.4x amount back which also means that you need to be correct a good portion of times to make it worth it

To be honest, I did not even notice you're pretty much going all-in with those bets. That is an aggressive strategy for sure Well, Good job on your third roll! So far so good, will be following your journey to see where this is gonna head.

I have never tried betting on esports and never really understood this "odds" thingy - so I guess "1.4 odds" means a win will get you 1.4x profit, right? But if you lose, would you lose all of it and this challenge ends or just partially and you'll go on with what you have left?

Hey guys thank you for the kind and concerning words. I appreciate every comment and your point of view.



I'm following 100% my own expertise and my own system that I have fabricated.


I'm using different bookmakers for the best available odds. For these two games specifically I have used betway. I'm going to try to keep the stuff as sweet and simple possible by sticking to one bookmaker.
I'm planning on revealing some of my betslips beforehand if the situation allows me to.


I will not be withdrawing any funds before I finish this challenge. I won't be going all in all the time. It's just that the two games marked all of my boxes to risk it for the biscuit.


Math is great and all; I'm all behind it but that wouldn't be fun now, would it? Grinding it up slowly is more challenging and thus more rewarding.


Thank you for your concern. I am fully aware of the all in risks. Let's just say that it's a calculated risk.
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27/04/2020:
https://imgur.com/a/sqakbqZ

I wasn't planning on betting on this series because both teams are really close to eachother when it comes down to level of play. I wasn't even expecting of catching this one but I managed to snatch a 1.4 odd really late into a game where JDG had mountain soul, baron and elder drake.
Hence the agressive approach.

Current bankroll: 1375.62

This would be hard I think. No matter what your method is, gambling would still be a 'gamble', meaning there's no assurance of winning. Therefore, it would make sense to think that profit will not be consistent in a way that a gambler would not always win. If your method is through esport platform, it is indeed skill-based but luck would still be playing its part. Good thing that in a short period of timr you have accumulated an increase regarding your starting money, meaning, you've won. But as I've said, winning will not be consistent, it could slow down your progress or worse, it would generate loss eventually.

But yes, this is indeed an interesting way in order to make gambling more enjoyable especially during a situation we are currently experiencing. Goal is necessary in gambling but it would depend to the individual on how would he manage to have control, and discipline at the same time. Note that it is gambling we are talking about.

No need to lol here. I was talking about a big enough sample size and and not you playing dice for some time every day out of boredom. Play dice 1000000000000000000 times in a row and I can tell you exactly what you will lose - the house edge. You are playing against a machine, that can't get beaten longterm, no matter how hard you try.

Check this thread out, for smalli-ish sample sizes: House Edge vs. Luck - the Last Stand


In sportsbetting you can win longterm, it is possible. Of course you can lose any bet at any time no matter the odds, but you are not playing against a machine, that is coded to give you no chance of winning longterm. If you are able to find valuable bets on a regular basis, you can't lose there, no matter how hard you try

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@Betwrong

You don't need any luck being successful in sportsbetting and poker. This is again longterm, always think longterm. This is all about odds and probabilities.

Winning 2 bets with less than 1.5 odds is not surprising, but winning around 20 of such bets could be quite a challenge. I sincerely wish you good luck, and I'm going to follow this thread, because in my opinion only one in a million can make a decent living from gambling. And those people, again, in my opinion, are rather lucky than knowledgeable. I mean, you can be very knowledgeable and still be losing again and again because of bad luck. That's why all courses provided by successful professional gamblers fail - you can't teach luck.

But those are my personal observations. I never exclude the possibility of being wrong. So, I'm looking forward to reading your thoughts and seeing your progress.

Best of luck, mate, anyways!

I think some of us are misunderstanding it.
I did. 

He may be betting all the money now but as he said he will slow down when it is going deeper.

Maybe he will apply another strategy to not lose it all.
This will be risky if he just keeps on doing that.
I want to see how this will end so I will follow this.

Agree, doing an all-in is quite and aggressive strategy, where one mistake or just a miss click can make OP bankrupt.

He cant be that lucky to go from 500 to 30k with just all-in strategy. Plus his odds are quite high to do that.

I’ve tries doing all-ins in football, doing “exact score before half ends” bet. I’ve placed bets when it was few minutes till the end and after 4-5 wins lost everything.

dice predictable  ? lol no man ive been playing dice everyday and i cant predict a higher payout but even lower payouts are sometimes unpredictable too  .

 sportsbetting is also not exempted to that   .  its still a kind of gambling that one can loose no matter how sure he was on picks  .  the other guy suggestion is above is risky  . betting big bets on a high multiplier is crazy   . you cant just bet with the amount and choose a target payout to hit your dsired profit easily .

This looks like a tough challenge on yourself, so best of luck to you mate.  Hope you'll have a good time now in this very tough times for all of us.

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I admire you on this kind of strategy you have, I can tell you really are a real risk takers, this is the kind of strategy I use sometimes when I don't have a big bankroll but having a big goal.

This is not true - we are not talking about some game like dice, where you can predict the result over a large enough sample siize. This is sportsbetting.

This bankroll management looks very aggressive, but why not, if it's just some challenge and you will get more conservative down the road anyway as you said. If possible, please post your selections pre-match, because just some screenshots of won bets prove nothing.

Good luck, will follow.

This could be disastrous, if you are intending to achieve your goal in a short span of time, all-in in an option to your bet. But that is the reason why people are losing all their funds in just a day, in fact, it could be lost in just a matter of seconds. I do not advise betting all in for the sake of reaching 30,000, I think you should somehow make your initial fund of 500 stable, in such a case that no matter if you lose, you know that your initial fund is 500. This strategy might be too long, so being patient is what you need. Imagine, if you could earn 10 dollars a day, it is not bad at all.

Your odds of successfully going from $500 to $30,000 is around 1.6% excluding house edge.

Surely you know by now that your best odds of achieving a $500 > $30,000 bet is to do a single large $500 bet on a 60x multiplier.

Over time your results will move closer and closer to the standard distribution, and you will almost certainly fail. However, with a single large bet, this isn't the case.

I look forward to someone who will be able to complete a challenge like this because many others have tried and failed to achieve the final result.I hope you do achieve this but I would like to tell that although the 1.33 odd may seem easy to win it is not in all cases so be careful.

Good Luck to you.
It will be a hard Challenge with these big odds. High-Risk High reward I guess.

Considering an Average 1.3 odds you will need


Any plan to remove the intial bankroll or you will go allin everytime?

Can you provide a daily update with your choices sir and if possible kindly drop also the website where you are gambling. I like to follow your footsteps as I can see that you are already professional in this area. I gamble in NBA and DOTA2 but there are many choices that I was unable to hit correctly so I hope we can also join your journey.

You almost doubled your money in just 2 bet only and I see that the odds in your betting site is pretty good. I will bookmark your thread and I hope you will provide your choices 1 hour before the game will start if you are not betting in a live game.

Best of luck with your challenge! Got me confused for a moment as you've mistaken 2020 for 2019 in the OP. The win from 26th of April is pretty sweet, so you've basically doubled your bankroll within a day? At this pace, $30k is not far fetched at all!

If you don't mind my question, are you betting purely based on your own thoughts and gut feeling or are you following other gamblers to decide which team you're going for?

Hey folks!

In these uncertain times due to CoVid-19 I wanted to do something fun by challenging myself to complete a 500€ to 30,000€.

Some few words about myself: 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.
By doing this challenge I want to take people on my journey as a professional gambler and to show you that it's quite easy to make a living out of it by just following some simple rules.

I'm going to apply a pretty agressive bankroll management at first and slow down later down the road. Let that compound interest do the work. 


25/04/2019
The odd is on the lower side but it's the second seed of french league against first seed of dutch league. So quite a difference in level of play.
https://i.imgur.com/CsPkPnQ.png



26/04/2019
This one was played live; I was following the second game and UOL managed to upset ROX after giving away a huge lead. Third game they open with same draft, so I had to take it.
https://i.imgur.com/xWL0Ndx.png


Starting bankroll: 508
Current bankroll: 982.59