Attempting to turn 0.05 BTC into 1.7 BTC - page 6.

yahoo62278

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Quote from: bitbollo on May 09, 2024, 02:00:48 AM

why start with so high stakes? The final target is so high (x30) but playing so heavy is not the solution... Moreover why not minimize the risk of the single loss?
Likewise adding live playing or just use cashout option...

if you have not strong experience in gambling and sport bets these kind of experiments are really hard if not impossible to be achieved...

My thoughts exactly. Slow and steady wins the race @OP. No need for parlays and prayers, single bets and slow profit. You don't have to pay for medical school in 1 day ya know.

bitbollo

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why start with so high stakes? The final target is so high (x30) but playing so heavy is not the solution... Moreover why not minimize the risk of the single loss?
Likewise adding live playing or just use cashout option...

if you have not strong experience in gambling and sport bets these kind of experiments are really hard if not impossible to be achieved...

pinggoki

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Quote from: savingformedschool on May 09, 2024, 01:14:35 AM

Quote from: pinggoki on May 09, 2024, 01:01:35 AM

~

One year costs over $30,000 here. So 0.05 BTC is not enough for even one semester. Sad

Damn, that's a lot but still, it's going to be really hard to do what you're planning to do if your main plan is to gamble and risk your money to do something that you know you've got the odds stacked against you. I wish that you can find more ways for you to make money though, it's going to be a difficult journey and you will have a hard time but if you persevere, the reward that you're going to get is going to be beyond your wildest imagination.

savingformedschool

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Quote from: pinggoki on May 09, 2024, 01:01:35 AM

You're betting too high already OP, I feel like you can probably do some brakes on the amount that you're putting in, 0.025 is such a big loss so I don't know how you can continue doing that kind of bets in the future, you also probably don't want to be relying on these bets to pay for your medical school, that 0.05 could probably fund you here in the first year of your medical school, maybe even have more pocket money because that's already a lot of money. Is the 1.7 btc for the whole time you're going to be in the medical school? If you can get to 0.05, you can probably do it again until you get to that instead of just gambling it all away.

One year costs over $30,000 here. So 0.05 BTC is not enough for even one semester. Sad

pinggoki

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You're betting too high already OP, I feel like you can probably do some brakes on the amount that you're putting in, 0.025 is such a big loss so I don't know how you can continue doing that kind of bets in the future, you also probably don't want to be relying on these bets to pay for your medical school, that 0.05 could probably fund you here in the first year of your medical school, maybe even have more pocket money because that's already a lot of money. Is the 1.7 btc for the whole time you're going to be in the medical school? If you can get to 0.05, you can probably do it again until you get to that instead of just gambling it all away.

savingformedschool

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Quote from: inthelongrun on May 09, 2024, 12:34:03 AM

Quote from: savingformedschool on May 08, 2024, 05:13:31 PM

Hi everyone, I am going to attempt to turn 0.05 BTC into 1.7 BTC with football/soccer betting. I will be using this post as a journal for my bets.

The goal is to be able to pay for medical school so wish me luck! Feel free to follow or fade my bets!

But always bet responsibly.

Starting Balance: 0.05 BTC

Bet #1: Colombia: Envigado FC - Real Cartagena FC | Over 3 | 0.025 BTC returns 0.06625 BTC
Bet Screenshot: https://imgur.com/a/Xn3BvXw

tips: bc1qgll9gt4gmf8rddnyynrdrmzq9qzv336w7yezce

Ouch mate! You just lost your first bet.

https://www.talkimg.com/images/2024/05/09/ree33.png

You seems an experienced bettor for putting that amount of money. But I am not sure if you are really betting for a long time already because pretty sure it is not my style to just divide my whole betting allocation into 2. I would've divide it into 10 or at least 5 times. Remember, there are good days and bad days in betting. So it is best that your budget can at least last for days or several bets in case bad luck happens.

Now, you only have 50% of your budget and if you continue the same amount then one lose and you are done. You better divide it into 5 times while there is still chance of surviving.

Hi, yes it lost unfortunately. Sad

There were 2 disallowed goals...

inthelongrun

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Quote from: savingformedschool on May 08, 2024, 05:13:31 PM

Hi everyone, I am going to attempt to turn 0.05 BTC into 1.7 BTC with football/soccer betting. I will be using this post as a journal for my bets.

The goal is to be able to pay for medical school so wish me luck! Feel free to follow or fade my bets!

But always bet responsibly.

Starting Balance: 0.05 BTC

Bet #1: Colombia: Envigado FC - Real Cartagena FC | Over 3 | 0.025 BTC returns 0.06625 BTC
Bet Screenshot: https://imgur.com/a/Xn3BvXw

tips: bc1qgll9gt4gmf8rddnyynrdrmzq9qzv336w7yezce

Ouch mate! You just lost your first bet.

You seems an experienced bettor for putting that amount of money. But I am not sure if you are really betting for a long time already because pretty sure it is not my style to just divide my whole betting allocation into 2. I would've divide it into 10 or at least 5 times. Remember, there are good days and bad days in betting. So it is best that your budget can at least last for days or several bets in case bad luck happens.

Now, you only have 50% of your budget and if you continue the same amount then one lose and you are done. You better divide it into 5 times while there is still chance of surviving.

malcovi2

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Quote from: wxa7115 on May 08, 2024, 11:55:03 PM

because as far as I know there is no professional sport bettor which can obtain those results.

They exist and they aren't very public about it.

Spencer Cornelia had an interview with someone successful betting on sports
https://www.youtube.com/watch?v=7N05vGcw_tI

wxa7115

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Quote from: goaldigger on May 08, 2024, 05:29:50 PM

The target is too high, but since you are willing to take the risk then at least you can try.

Will monitor your progress too and hope that you can achieve this goal because you have a good purpose or target, just know that this is not guaranteed after all so it's better to have your back-up plan if something bad happen to your gambling activities.

Better to look for other source of income while doing the bet just to make sure that you will be in medical school.

The biggest issue is the amount of money that they are wagering on each bet, the OP wagered half of their money in a single bet, so they only need to lose twice in a row to lose their starting capital.

The next issue is without a doubt the target, as they want to obtain a 33x gain on their starting capital, something incredibly difficult to achieve, to the point I would argue is impossible, because as far as I know there is no professional sport bettor which can obtain those results.

tread93

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Quote from: savingformedschool on May 08, 2024, 05:13:31 PM

Hi everyone, I am going to attempt to turn 0.05 BTC into 1.7 BTC with football/soccer betting. I will be using this post as a journal for my bets.

The goal is to be able to pay for medical school so wish me luck! Feel free to follow or fade my bets!

But always bet responsibly.

Starting Balance: 0.05 BTC

Bet #1: Colombia: Envigado FC - Real Cartagena FC | Over 3 | 0.025 BTC returns 0.06625 BTC
Bet Screenshot: https://imgur.com/a/Xn3BvXw

tips: bc1qgll9gt4gmf8rddnyynrdrmzq9qzv336w7yezce

I hope you get a good streak of positive luck on these games. Medical school is certainly a very expensive pursuit so I wish you the best of luck and will keep an eye out on this threat to check in every now and then. 1.7BTC is over $100,000 USD. I wonder what focus of the medical field you are pursuing? If you don't mind my asking. Once you get this money, do you plan to buy more bitcoin after med school? What is your overall betting strategy as well and are you going to try many or just stick to one main strategy?

Queentoshi

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Quote from: savingformedschool on May 08, 2024, 05:13:31 PM

Hi everyone, I am going to attempt to turn 0.05 BTC into 1.7 BTC with football/soccer betting. I will be using this post as a journal for my bets.

The goal is to be able to pay for medical school so wish me luck! Feel free to follow or fade my bets!

But always bet responsibly.

I'll be keeping up with this journal to see if you're successful in your attempts, but I will have to advise you again not like you've not heard it before that this approach is a terrible way to raise money for medical school because it is very unreliable and offers very little chance of success. Maybe you have considered this method because you think that it is a way faster raising money, you are not wrong but at the same time I hope you consider the risk because with the promise of quick gains comes high risk.

If you are successful getting to your target, you will start to see gambling as a way to make money, if you are not careful, you may also gamble your way out of med school due to addiction.

oktana

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It’s possible, it depends on your strategy. If you are throwing in all the money or a huge amount of it in each bet then you wouldn’t go far from your starting amount but if you split it into little amounts and for little bets, and you also know what selections you are making, then maybe you can get there. But I hope you’ve made peace with losing the money and won’t chase it if something went wrong.

danherbias07

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Well, you said you are not betting money that you cannot afford to lose. Plus, this might be a good experiment so who knows what could happen.

All I can say is I wish you good luck and I hope you will achieve that amount to help out with your medical school fees.
It will not be an easy road and I bet there will be losses that will happen on this path and the amount you are trying to achieve is way far. But like I said, we don't know what could happen and if lady luck is on your side then this will be a satisfying feat once you finish the race.

My tip is only to avoid betting emotionally. If you are a fan of one football team because they are your countrymen then forget that, prioritize gambling and don't let emotion get the better of you. Good luck.

ryzaadit

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It's wild.

Betting for your money for funding the school ~xd well we hope you are not taking any money from the loan and decide to gamble those. IDK what is your background like jobs and other. I hope the bet are success.

One big advice, In case you just need around 10% left. Better to stop, because we can always seeing someone who losing everything just because want to chased fixed number.

STT

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I love the idea but if you are this genius at gambling then your career should probably be in gambling either betting, with the companies themselves arranging odds to lay bets or possibly you should be in sports for analysis there ala Moneyball Cheesy

. You would be world class to do this well, hope you make it because its surely a dream of every bettor.

I dont think its even impossible but the amount of discipline combined with luck is pretty extreme. Reminds me of the ending to Casino (1995) by Martin Scorsese, if you were that great there in the end his skills kept him alive against all the odds.

AliMan

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Your purpose is good but the ways of earning money just to pay for the medical school fee was too risky. You didn't even know the luck will be yours when you hit your betting target. Even if many positive probables could initiate to 100% target, that doesn't guarantee turning your 0.05 towards 1.7 btc. Much better you could do it in another ways, not with gambling itself. Try with other stuff like buy and sell in physical business just to earn additional income.

Wexnident

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Quote from: savingformedschool on May 08, 2024, 05:37:35 PM

Hi, thank you for the advice!

I am working full time right now and saving for school, but I thought it would be a fun challenge to see if I can pay for medical school with football/soccer bet winnings! If I don't succeed it's not the end of the world, but I will certainly try my best!

Phew was questioning your decision-making skills since you needed to pay for medical school and you'd still gamble. Afaik student debt, especially in fields of medicine, could go up pretty damn high that even working 2-3 years after wouldn't even be enough to pay it out. Considering that ig 0.05 can be pretty small.

Idk exactly how much your student loan would be but if 0.05 is about half or so, I'd honestly just save it as payment. Anw good luck OP!

Yatsan

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Would be a long way for sure but I hope for your success on this. Many people have tried and desired to make their money 100x at least but only a few made it happen.Reason obviously is rarity of winning in most of the gambling games especially casino games which only rely on one's luck and fate. But since this is in sportsbetting wherein analysis of the teams would help you draw a winning conclusion then I guess it is safe to say that this is possible if you'd be consistent with betting discipline; make a pause from betting if things are losing consistently and to never force a win, also to control the amount you will wager.

Quote from: savingformedschool on May 08, 2024, 05:37:35 PM

Quote from: goaldigger on May 08, 2024, 05:29:50 PM

The target is too high, but since you are willing to take the risk then at least you can try.

Will monitor your progress too and hope that you can achieve this goal because you have a good purpose or target, just know that this is not guaranteed after all so it's better to have your back-up plan if something bad happen to your gambling activities.

Better to look for other source of income while doing the bet just to make sure that you will be in medical school.

Hi, thank you for the advice!

I am working full time right now and saving for school, but I thought it would be a fun challenge to see if I can pay for medical school with football/soccer bet winnings! If I don't succeed it's not the end of the world, but I will certainly try my best!

It would be best to not hope for that much in ordet to help oneself of the consequences. The bigger the drive, for example depending on gambling profit to pay your studies; the bigger betting outcomes will affect you as well as your studies of course. Always manage the risk in all aspects.

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Quote from: savingformedschool on May 08, 2024, 05:37:35 PM

Hi, thank you for the advice!

I am working full time right now and saving for school, but I thought it would be a fun challenge to see if I can pay for medical school with football/soccer bet winnings! If I don't succeed it's not the end of the world, but I will certainly try my best!

With the way this thread is going - discussions in it are going to make it look messing. It would have been nice if you had made a reserved post above so that you can keep all records of your bets there.

Before a week time I’m sure this thread would have grown to more than 4 pages - and if you post any game you played it would be buried under the discussion here. So just a little advice from me; after posting your game here in the thread make sure you add it to the first post in this thread so that those who might have missed your post (due to discussion) can still go back to the first post (Op) and see your lastest game.

Nwada001

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Even as you have stated clearly in your second post that you are only gambling with what you can afford to lose, could it also be safe to say that you have seen gambling as an investment option or a means to double your funds?

There is no harm in trying; it's better to do something than nothing. From the confidence you show with the high target set, I believe this is not your first time taking such a risk, and you are also not new to gambling. As such, you already understand the gravity of the risk you want to embark on.

I will be following up on this thread to see the progress you have made on every single bet you place. I hope you keep this thread updated constantly, and should there also be a change of plan, you should also make it known to us here.

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