Topic: [CHALLENGE] Who wants to be a millionaire ? - page 4. (Read 793 times)

Even  you will bet on the team with lower odds, there still be a chance that the team you bet will lose but your experienced I think so this strategy will work for you.

Patience is your main enemy here but anyway, lets see how far can you go with your challenge. It will take a long time but worth it if you will win consecutive times . Good Luck!!!!

Such a strategy is only good for those who have high patience, I have talked about strategies like this before and when you only look for odds of 1.02 then any type of bet you can do such as dice, sports or whatever gambling that at least has low odds like that. But in reality most gamblers play gambling because they have their own reasons like getting a quick profit, therefore as you have said also this is about patience and not about skills and experience as the most important. One other thing that must be considered is about luck, I have experienced bad luck repeatedly implementing strategies like this in parlay, because not always low odds will guarantee winning and profit in betting.

That will work but it's too risky for me to bet for a sure odds since, in the event of losses, it will be more painful compare betting to an underdog or around fair odds. I like OP's guts here so good luck to you and your winning stats might attract gamblers to take the risks and willing to fall on a trap.


He needs too. Even for around 1.02 odds, there's a thing called upset and OP needs to study it carefully.

You will quickly run into problems once you get over $10,000 or so, since most gambling platforms have a maximum bet size around there.

There is also an almost 100% chance that you will fail before you get anywhere close to $1 million using this strategy. Not only because the odds are against you, but because I'm sure you'll give up should you get lucky enough to somehow make it over $1,000 or so.

Nonetheless, it will be interesting to see how it turns out, I hope you do update your thread every day.

At a 98% win rate, you should win around 25 times in a row before you eventually lose (on average).

WON

Bank: 102,00 Euro
W-L: 1-0
Average odds: 1,02

#2 l Football l UEL l Sevilla vs Dudelange l Sevilla 1X (lay Dudelange @50) l 1,02 l 102,00 l Betfair

+++++++++++++++++++++++++++++++++++++++++++++++


To have longterm success with low odds, you have to be very experienced. Most very low odds don’t carry any value, but there is low odds that have very much value, but those are mostly found in non-mainstream sports and leagues.

This challenge is not about value betting though, it’s about picking 466 winners in a row. Thus value doesn’t matter that much with this challenge; I will still try to pick bets that are “safe” winners and have some value as well nevertheless. Lets see how far I can get

I'm not OP but i've seen people do well with low odds bet specifically odds below 1.10 and going all in every single time. Parlays imo are much harder than this because actual odds fall off quick since the outcomes increase when you put more matches. OP might focus on a few sports that's why he's giong to be very careful with his predictions and try not to force things out even if there's odds between 1.02~.

Really it is interesting to see how you will be going to select betting options each day. and what will happen at end, I wish to you reach your goals safely because I seen so many bet has gone loss if we select 1.01 odd also. So play safe I will follow up with you on daily base to check the status of your bettings.

If you do try to look up his above statements he do mention out that he wont rush on making up bets and its clear that he wont easily pick up 1.02 or low ones without having that analysis for sure.This is really plausible method though but as we know that sports betting can still f*cked s up anytime.Upsets do happen so even a single loss will really need some numbers of winning bets for you to catch up so this will surely takes time.

First I thought you were referring to casino gambling. In sports betting you definitely make this work, but you gotta know your teams and have a skill for this. Why not try the challenge with 2.00 odd parlays? Why wait so long as I'm sure you can find enough acceptable matches is beyond my reach.

Over the time I found that low odds matches are more riskier as the risk/reward ratio is much lower than with playing higher odds. However I wish you luck in your challenge and I will be watching this thread.

So lets start with the first bet. Format is like this: Bet# l Sport l League l Matchup l Pick l Odds l Stake l Bookmaker

#1 l Volleyball l WGER1 l Schwerin vs Erfurt l Home Win l 1,02 l 100,00 l Leonbets

Lots of books don't even offer odds for home win, so Leonbets is pretty generous with a 1,02. Handicap is -22,5, so this should be a no-sweat home win       

I guess a lot of you guys have heard about how easy it is to become a millionaire with betting. Just place one bet each day with odds of 1,02 starting with 100,- Euro (or whatever your currency might be), go all-in every time and you’ll be a millionaire around 15 months later, sounds easy huh ? It’s not. I have yet to see anybody, who publicly provided his bets, to achieve that. There is many reasons for failing to make it, but the most common is probably impatience.

I doubt I will be the first to achieve it, but will give it a try nonetheless. It goes like this:



I won’t play exactly a 1,02 every day, there might be days with 1,01 and days with 1,05, but I will try to have a 1,02 on average. If there is nothing appealing on a given day, I won’t rush with a bet. Same goes if there is two or more good bets on the same day, I might play multiple.

I will not play these bets for real – they are just on paper - because while it’s technically doable, I don’t think anybody is able to mentally go through with it till the end. You will only lose 100,- Euro whatever happens, but in your mind, you will lose more. Already in the 5-figure range, most people will fold mentally, let alone at later stages, where you would have to put 900k+ on some scrubs doing sports.

The logistics might be a problem later on as well. Bookmaker limits might be too low, not enough volume on Betfair too and with shopping for the best odds, you would often have to withdraw and deposit huge amounts with bookmakers. Most people don’t have 900k lying around.

So this is more a fun challenge, everyone can feel free to follow the bets though.

For bets with Betfair, I will calculate with a flat commission of 5%. Only pre-match bets for easy tracking for those interested.

Bank: 100,- Euro
W-L: 0-0
Average odds: N.A.

Bets played:
#1 l Volleyball l WGER1 l Schwerin vs Erfurt l Home Win l 1,02 l 100,00 l Leonbets 3-1 WON
#2 l Football l UEL l Sevilla vs Dudelange l Sevilla 1X (lay Dudelange @50) l 1,02 l 102,00 l Betfair 3-0 WON
#3 l Handball l WHUN1 l Ferencvaros vs Mosonmagyarovar l Ferencvaros ML l 1,03 l 103,98 l Expekt 30-20 WON
#4 l Football l NED2 l Grafschaap vs Dordrecht l lay 0-0 l 1,02 (lay @42) l 107,10 l Betfair 5-0 WON
#5 l Am. Football l NCAAF l Alabama+Clemson l Home win parlay l 1,04 l 109,57 l Leonbets 48-7 & 59-7 WON
#6 l Handball l SWE1 l Skanela vs Bodens l Skanela win l 1,02 l 114,00 l  Expekt 34-17 WON
#7 l Football l ENG1 l Liverpool vs Tottenham l lay 0-1 (@34) l 1,03 l 116,28 l Betfair 2-1 WON
#8 l Football l CUPGER l Bochum vs Bayern l Bayern X2 l 1,03 l 119,56 l Betago 1-2 WON
#9 l Volleyball l GER1 l BR Volleys - Eltmann l BR Volleys ML l 1,03 l 123,15 l Bet365 3-0 WON
#10 l Football l MLS l Atlanta vs Toronto l lay 0-2 (@40) l 1,02 l 126,84 l Betfair 1-2 WON
#11 l Basketball l GER1 l Ludwigsburg vs Hamburg l Ludwigsburg ML l 1,11 l 129,93 l Betsson 94-83 WON
#12 l Football l NED2 l Cambuur vs Nijmegen l lay 0-0 (@26) l 1,04 l 144,22 l Betfair 0-0 LOST