Do you think you could turn $1k bankroll to $10k in a year? - page 12.

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Quote from: Japinat on October 27, 2024, 04:40:52 AM

So, this is a 12-month period of betting across different leagues. For those actively betting in sports, I’d like to ask if you think it’s possible to turn your bankroll into that amount within 12 months. That bankroll should be treated seriously - if you lose it, your betting journey is over. If you reach 12 months and your total is still less than your original bankroll, that’s still a failure.

Just be honest here. I want to hear from those with experience who see gambling as a long-term activity. Even if your bankroll is smaller, I’m sure you still dream of big wins, which are more feasible with a larger bankroll. Do you really believe it’s possible? If so, share how you’d approach it- everything from setting your bankroll to your wagers and managing the pressure throughout that year.

I think most gamblers would believe that they could turn a $1k bankroll into $10k after a year, but the reality is they fail to do this. They are more likely to turn $1k into -$10k but most will forget their losses because they are only doing it for entertainment purposes and it is a reasonable tradeoff for them to make. If this is how someone wishes to spend their money, that is completely up to them. Bookmakers are very good at analyzing statistics and this makes them hundreds of millions a year in profit, they are not a charity after all but a business that is trying to make money. Anyone that does make consistent wins will be limited and this can make it impossible to hit targets like the one described, even if you were better at guessing outcomes than the bookmaker.

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Quote from: yahoo62278 on October 27, 2024, 04:58:03 AM

Lately I have been having serious doubts as to whether some sports are legit. I watch a lot of American college football and NFL and some of the shit that has been happening really makes ya wonder if someone is rigging the game.

The first problem with betting is choosing the right sport, something you know deeply and that gives you good financial returns.
The second problem is fraud. Unfortunately, it is very risky to bet on less well-known competitions because the risk is high, but I agree with you that even the main championships are already very suspicious.

Quote from: Nrcewker on October 27, 2024, 11:53:51 AM

Practically, for this, you need to have greater focus and concentration. In the period of 12 months, making 10x the amount is a bit hard. But it’s possible if the right planning is done. I have never set a long-term plan to make profits. Instead, I think setting short-term goals is much more effective. Instead of thinking for 1 year, it will be better to decide to make 80% profit in a month. Then use the method of compounding to increase the initial balance with the profit and go for the bigger milestone. Sports betting here can be important to make profits, but we need to do heavy research and then choose the matches carefully to make the most profit by taking minimum risks.

About multiplying your balance by 10 in a year, this is certainly possible, but you need to have a more aggressive betting profile. We all know that making money with sports is a difficult task. I dedicate little time to studying and betting. I do this as a hobby, but I have managed to accumulate some profits a few times. If I were to do this professionally, I believe it would be possible, but my betting profile is very conservative, in addition to the fact that I do not have time to spend so much time researching, learning and betting on games and bets.

What I know is... if you reach 50% of this goal and feel that things are starting to go wrong, stop and rethink your goals.

Gozie51

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Quote from: Japinat on October 27, 2024, 04:40:52 AM

I’d like to ask if you think it’s possible to turn your bankroll into that amount within 12 months. That bankroll should be treated seriously - if you lose it, your betting journey is over. If you reach 12 months and your total is still less than your original bankroll, that’s still a failure.

It is very possible to do. It only means staking $1k against 10 odds and that will get to that amount in total excluding accumulated bonus. But why gamble in sure bad and hasty manner? because it is quite risky for a gambler to use 10% of his earning into gambling.

Dr.Bitcoin_Strange

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Quote from: Z-tight on October 27, 2024, 02:52:00 PM

Gambling is difficult and unpredictable and you cannot be sure of it, it is possible to turn the $1k to $10k in a year or even less and it is also possible to lose it in a short time, that is what gambling entails. However, if we hypothetically agree that i am funded with this amount, i would not go all in with the money, i will divide the money into bits and gamble each weekend and at the end, i'll see how much i have.

I don't have doubt in what you said but I feel there are some experienced gamblers that can actually be able to hit that target before a year. Gambling is unpredictable but if the person is lucky, they can luckily manage the bankroll and only bet on small odds that have a high possibility of going as predicted.

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Quote from: Z-tight on October 27, 2024, 02:52:00 PM

Gambling is difficult and unpredictable and you cannot be sure of it, it is possible to turn the $1k to $10k in a year or even less and it is also possible to lose it in a short time, that is what gambling entails. However, if we hypothetically agree that i am funded with this amount, i would not go all in with the money, i will divide the money into bits and gamble each weekend and at the end, i'll see how much i have.

You do need always to consider out this approach on which everything will really be basing up on how lucky you would be specially if it does involved betting or simply gambling where everything will really be basing up with chance or on how lucky you would be in every bet, but somehow since this do talks about sports betting then it will really be requiring that proper bankroll handling or risks management.

There are those bettors who are really that loving on making some all in bets in regarding their own capital and there are ones who are really that strict on making use a small portion of their all gambling or betting budget. You could really be able to differentiate in between bettors on whose gonna last long and whose gonna blown up in a short period of time, but everything could really make out that two possible outcomes
on which we know that luck factor is something that will really be relevant into this aspect.

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Quote from: Japinat on October 27, 2024, 04:40:52 AM

So, this is a 12-month period of betting across different leagues. For those actively betting in sports, I’d like to ask if you think it’s possible to turn your bankroll into that amount within 12 months. That bankroll should be treated seriously - if you lose it, your betting journey is over. If you reach 12 months and your total is still less than your original bankroll, that’s still a failure.

Just be honest here. I want to hear from those with experience who see gambling as a long-term activity. Even if your bankroll is smaller, I’m sure you still dream of big wins, which are more feasible with a larger bankroll. Do you really believe it’s possible? If so, share how you’d approach it- everything from setting your bankroll to your wagers and managing the pressure throughout that year.

I think it's unrealistic, naive to assume that you can be so much stronger than the bookmaker that you can make x10 in a year. To be realistic, if you have maximum discipline, you meticulously monitor all bonuses, promotions, cashbacks, choose the best odds, then in a year you can make +20-50%. And I'm talking about a successful year, because the randomness can be such that you end up in the red.

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Quote from: Japinat on October 27, 2024, 04:40:52 AM

So, this is a 12-month period of betting across different leagues. For those actively betting in sports, I’d like to ask if you think it’s possible to turn your bankroll into that amount within 12 months. That bankroll should be treated seriously - if you lose it, your betting journey is over. If you reach 12 months and your total is still less than your original bankroll, that’s still a failure.

Just be honest here. I want to hear from those with experience who see gambling as a long-term activity. Even if your bankroll is smaller, I’m sure you still dream of big wins, which are more feasible with a larger bankroll. Do you really believe it’s possible? If so, share how you’d approach it- everything from setting your bankroll to your wagers and managing the pressure throughout that year.

I could, if I was lucky.

You don't need a year for that anyway. I could do that in 1 second. Play dice, roll over 90+ and if it rolls 90+ your $1k will win ~$8500-8800. It is just one click away. Unless you use the forbidden strategies like EV/Arbitrage betting, any other bankroll strategy is way worse than what I just described btw. The strategies I mentioned are forbidden for a reason, they make you win, which means the casino loses. Since you cannot follow these foolproof strategies, there is only one thing you can do in this situation: be lucky... and dice games are the best way to test your luck.

Z-tight

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Gambling is difficult and unpredictable and you cannot be sure of it, it is possible to turn the $1k to $10k in a year or even less and it is also possible to lose it in a short time, that is what gambling entails. However, if we hypothetically agree that i am funded with this amount, i would not go all in with the money, i will divide the money into bits and gamble each weekend and at the end, i'll see how much i have.

BABY SHOES

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Even converting from $100 to $1K is still difficult for me... Because there are still many bets that are screwed up by the favorite team considering that it is not so good at managing profits in this gambling like a difficult mission for me.

Maybe some people can do it from the amount of initial capital to the desired target, for me it is still difficult... But don't know about others, is there already a plan from someone with a seasonal betting target?

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Quote from: bering on October 27, 2024, 02:13:14 PM

Within 12 months period people have to make 10x from their initial money and if we calculate it indeed this is possible to do so but sport bets is risky because i mean even with the odds @1.1 people possibly can losing their bets if they didn't lucky and in my opinion the biggest problem for this challenge is how to managed the consistency of the winning results for each bets because during this challenge if people lost once or twice then certainly they will ruin their profit target and for me personally i am not sure i can do this because sport bets sometimes is very hard to predicted and the results of the particular matches is quite often to unexpected

Yeah right as even as it's a small odds betting strategy chances that you may lose if you are not lucky might happened and that will either trigger your emotion and be more aggressive to win back or to recover, there are factors that may affect your journey though I also agree that it's doable if you are good in managing your finances.

But as we know, it's tough to say how we can manage that and how we will be able to work on a specific target.

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Within 12 months period people have to make 10x from their initial money and if we calculate it indeed this is possible to do so but sport bets is risky because i mean even with the odds @1.1 people possibly can losing their bets if they didn't lucky and in my opinion the biggest problem for this challenge is how to managed the consistency of the winning results for each bets because during this challenge if people lost once or twice then certainly they will ruin their profit target and for me personally i am not sure i can do this because sport bets sometimes is very hard to predicted and the results of the particular matches is quite often to unexpected

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Quote from: Japinat on October 27, 2024, 04:40:52 AM

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Just be honest here. I want to hear from those with experience who see gambling as a long-term activity. Even if your bankroll is smaller, I’m sure you still dream of big wins, which are more feasible with a larger bankroll. Do you really believe it’s possible? If so, share how you’d approach it- everything from setting your bankroll to your wagers and managing the pressure throughout that year.

Maybe, especially for those who are serious about long-term betting and have a target pot as you said. within 12 months, or let's just say within one season. certainly, someone not only needs skills, knowledge and experience, they also need good management to bet. sorting and choosing which bets are ideal according to a bettor. but if you ask me, honestly I never crossed my mind with the 12-month target mode as you said. besides the complexity, it's kind of a challenge if I have to say it. or, you could also say targeting a targeted win for one year with a bankroll and a predetermined win. very humbly, I dare not say that I can achieve it. because, it never crossed my mind like what you said in this post. actually we have several people who have shared their winning posts, if I'm not mistaken even more than what you set. some betting options in sports can be an alternative to winning some money in several matches, such as parlay for example. if it's a single bet, how many matches do I need to achieve as targeted. moreover, this is in one season. seriously, i have never tried it. we bet just because we love sports, besides the thrill and adrenaline that betting itself involves.

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Oh, another wishful thinking that we all want to happen: having a smaller bankroll turns into a huge amount. I don’t think that it is impossible, but it would be really, really hard to do, and some control should be exercised over it. It is going to be a very emotional thing to do when gambling, and sometimes, if you are not consistent, you will really lose a lot.

It is possible, but not everyone can do it. I think I could do it, but with the timeframe, maybe I just don’t want to let others get their hopes up.

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We are forgetting that gambling is fully depends on luck and it is fully depends on the luck that 1k could turn to 10k in a year. If your luck was good you can have the 10k from 1k in a day not in a year. And if your luck wasn't good then you could lose more than 10k in a year for doing irresponsible gambling.
And what I think no one could have the guarantee that they will have the 10k after one year. And we also should not forget that gambling is for fun it is nothing a financial investment source what could be the quick rich scheme. So if you want to do gambling use it for fun don't chase any amount on it otherwise your losses amount will be bigger than your profit.

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Quote from: Japinat on October 27, 2024, 04:40:52 AM

So, this is a 12-month period of betting across different leagues. For those actively betting in sports, I’d like to ask if you think it’s possible to turn your bankroll into that amount within 12 months. That bankroll should be treated seriously - if you lose it, your betting journey is over. If you reach 12 months and your total is still less than your original bankroll, that’s still a failure.

Just be honest here. I want to hear from those with experience who see gambling as a long-term activity. Even if your bankroll is smaller, I’m sure you still dream of big wins, which are more feasible with a larger bankroll. Do you really believe it’s possible? If so, share how you’d approach it- everything from setting your bankroll to your wagers and managing the pressure throughout that year.

It's only possible if you are very lucky, so even if someone is able to reach such PnL he's very likely to not be able to do it again the next coming years. Even a very strong bettor can hardly do more than a x2 or x3 ROI of his bankroll while betting everyday IMO. In addition if you bet against a bookmaker it will flag you and limit your account before the end of the year, and if it's a crypto sportsbook, your funds could be locked and hardly given back. So it's more a dream than a real possibility actually.

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The reason why I would say this is possible is because I personally have been able to hit something like this (although, the amount is not that much but my win was up to 10x) - if you can participate in a 5 days rollover you should be able to hit your target but still you’ll be extremely careful as you go on because one slight mistake will lead to you losing everything.

Let’s say you start day one: you bet your $1,000 on a 2 odds, and win it you’ll have $2,000
Day 2: $2,000 on 2 odds you’ll have $4,000
Day 3: $4,000 on 2 odds you’ll have $8,000
Day 4: $8,000 on 2 odds you’ll have $16,000

This was how I played mine with a little amount and managed to win all but the amount was pretty low (that was why I had the courage to play it ) - if you want to do a rollover you’ll have to do it in a way that you won’t be risking everything.

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Quote from: Japinat on October 27, 2024, 04:40:52 AM

So, this is a 12-month period of betting across different leagues. For those actively betting in sports, I’d like to ask if you think it’s possible to turn your bankroll into that amount within 12 months. That bankroll should be treated seriously - if you lose it, your betting journey is over. If you reach 12 months and your total is still less than your original bankroll, that’s still a failure.

Just be honest here. I want to hear from those with experience who see gambling as a long-term activity. Even if your bankroll is smaller, I’m sure you still dream of big wins, which are more feasible with a larger bankroll. Do you really believe it’s possible? If so, share how you’d approach it- everything from setting your bankroll to your wagers and managing the pressure throughout that year.

This is very possible, I mean literally some persons who has got an effective strategy may not have to wait a whole year long to grow that amount that far, except for an extreme care been used to get the money to $10k but id you are not so conservative you may not need that long as some days a few multiplier can get you there already but then because you are probably wanting to be careful not to loose all of your Bank roll almost immediately you will be more careful and taking some more time but it's definitely achievable if you really want to get it done.

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I believe it is pretty much possible, I would even say it would be possible to reach even higher numbers with that initial bankroll, but the main problem appears with the person going in such a long term journey to multiply their money does not have the necessary bankroll management skills for them to stay in the game for as long as it is require to turn one thousand dollars to ten thousands.

One need to stay focused and not to fall in the temptation of wagering most of the money in a single match, not matter how obvious the winner seems to be from the beginning, a single mistake like that one could left one out of the game and penniless very quickly.

Now, keeping aside the topic of using gambling as some kind of scheme to multiply our money, I would me more in favor and going for more reliable and less risky ways to invest our time and money, like stocks, precious metals and even some midterm trading, one could not get a 10x as quick as with bookies or gambling games, but it is less likely for us to lose it all as well.

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Quote from: Odusko on October 27, 2024, 12:13:46 PM

Sport bets is a risk and for that you should know what exactly to expect both in the short term and the long term bets, because that amount you should decide first what time frame you want to use that bankroll and how to manage it and what you are Left with, because as a sports speculators, one can finish that amount of money in just a weekend, and be able to come up with such amount of $10000 which is against your $1000 bankroll which is just 10 odds, not too much to achieve in sport bets, but then you have to consider your risks.

You are right, it is possible to do it in a very short time, but during this time the risks will be so huge that it will be almost impossible to do it. I would like the risk to be moderate and there would be no 1-year limit. In addition, it is necessary to mention that even without time limits, many players lose, because they cannot control themselves and at a certain point begin to make chaotic bets just to win back the loss.

I think often those who are new to gambling and betting will not be able to hold out for even 1 year and will take a huge risk. After that, they will probably come back from time to time to try their luck again.

Odusko

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Sport bets is a risk and for that you should know what exactly to expect both in the short term and the long term bets, because that amount you should decide first what time frame you want to use that bankroll and how to manage it and what you are Left with, because as a sports speculators, one can finish that amount of money in just a weekend, and be able to come up with such amount of $10000 which is against your $1000 bankroll which is just 10 odds, not too much to achieve in sport bets, but then you have to consider your risks.

Topic: Do you think you could turn $1k bankroll to $10k in a year? - page 12. (Read 2260 times)