Topic: Do you think you could turn $1k bankroll to $10k in a year? - page 5. (Read 1651 times)
In my opinion, it is possible, if you apply your gambling discipline, but that does not guarantee that it will be 100% possible, at least it reduces the risk of losing, it is better to play casually than having to throw away a 1000% winning target, unless you are willing to throw away your capital
I personally will not be able to change 1000$ into 10k$ in 1 year, moreover I am not a professional gambler
This challenge only applies to players that are professional in terms of betting, in sports, and maybe also in other gambling games, maybe in betting here it takes a step by step, not all at once, and be willing to accept the risk of losing
You said well, but I still believe that even though you are a professional gambler you still need luck to achieve your goals through gambling. Many professional gambler lose more than they win but only few gains because they were lucky. However for you to achieve $10k with $1k in the space of 12 months, you really need to put a lot of work together. But still, you need to pray for luck to be by your side if not your $1k will be gone and if you do not have the mindset to let go of your loss, you would probably lose more because of greed. This challenge only applies to players that are professional in terms of betting, in sports, and maybe also in other gambling games, maybe in betting here it takes a step by step, not all at once, and be willing to accept the risk of losing
The major problem here is that we have dedicated a time period of 12 months and directly given access to all the funds i.e. $1k.
The chances of ending up using all the $1k in a few gambling sessions are higher.
Gamblers are bad at self control and often end up using more than their dedicated budget.
The chances of making it 10x are low but still possible if we have a good self control.
I would not use more than $100 in a single gambling session. This would allow me at least 10 gambling sessions before I end up using all of my capital.
If we consider using $100 in a month, we can take 10 months to use all the balance that we have.
The chances of ending up using all the $1k in a few gambling sessions are higher.
Gamblers are bad at self control and often end up using more than their dedicated budget.
The chances of making it 10x are low but still possible if we have a good self control.
I would not use more than $100 in a single gambling session. This would allow me at least 10 gambling sessions before I end up using all of my capital.
If we consider using $100 in a month, we can take 10 months to use all the balance that we have.
No, I don't think that was a problem but in fact a good thing because 12 months are long. There is no pressure there, so we can do a well-detailed analysis and choose the teams wisely which can greatly increase our chances of winning. Gambling can do wonders. What if we will bet in a parlay and win huge? That should help use to reach our target much earlier. Since we have enough time, it's okay to not use all that $1k in one or a few go. That should give us less risk.
It is all about control afterall but that is gambling supposed to be. And not just in gambling anyway but also on other aspects of our life, everything that is too much is not good anymore. Another thing that help us to have a control is because we are doing a challenge and then we post it in public.
We have a plan that we need to be follow. Maybe if we can apply this on our regular gambling sessions, we might also adopt a better gambling habit. A 10x win is actually easy as it was only small. Many of us can even hit a hundred, thousand, or more multipliers. If we are very sure of the game, then it must be fine to use more money.
If the balance at the end of the month is less than $100 then I would deposit the remaining to make it $100 again and withdraw the difference in case of the opposite.
After 10 months I would see how much I would have made and then use the remaining money the same way in the next 2 months if I have anything left.
But I think we are only going to get breakeven with that kind of betting style. Remember, we are here to profit, so it must be fine to take risks and incur losses. After 10 months I would see how much I would have made and then use the remaining money the same way in the next 2 months if I have anything left.
There's a possibility in this but the chances of achieving this through gambling is very slim. Turning a thousand dollars to ten dollars a year probably with rollovers can be very difficult. Gambling is a game of luck, having that amount of winning streaks might not be possible, I think this can only be achieved through arbitrage betting or any other system that can mitigate losses. A lot of people might disagree on this based on the fact that the margin between a thousand dollars and ten thousand isn't that much, but remember that now Matter how careful you may try to be in gambling it still doesn't guarantee Profit.
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.
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.
You have a goal to increase your bankroll tenfold, it's a big goal, and I think it could work with a small bankroll, when a player can afford to risk more. But if you're talking about more or less tangible amounts, when the count goes into the thousands, then I think players will act more cautiously. This always happens when a player risks big money, the more you bet, the more you worry about the risk of losing. I see some players sharing their results that they manage to pump up their bankroll from hundreds to thousands in one season or even less, but I've never managed it.
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.
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.
You have a goal to increase your bankroll tenfold, it's a big goal, and I think it could work with a small bankroll, when a player can afford to risk more. But if you're talking about more or less tangible amounts, when the count goes into the thousands, then I think players will act more cautiously. This always happens when a player risks big money, the more you bet, the more you worry about the risk of losing. I see some players sharing their results that they manage to pump up their bankroll from hundreds to thousands in one season or even less, but I've never managed it.
I personally will not be able to change 1000$ into 10k$ in 1 year, moreover I am not a professional gambler
This challenge only applies to players that are professional in terms of betting, in sports, and maybe also in other gambling games, maybe in betting here it takes a step by step, not all at once, and be willing to accept the risk of losing
This challenge only applies to players that are professional in terms of betting, in sports, and maybe also in other gambling games, maybe in betting here it takes a step by step, not all at once, and be willing to accept the risk of losing
It is certainly possible to make $10,000 gambling with $1,000, but not guaranteed. Because you should never think about making money from gambling where you are too worried, because when you think about making money you are most likely to lose immediately.
This isn't for everyone though as you don’t start this experiment if you can’t afford to lose your bankroll ....that's just basic gambling principle... As a gambler, you should only gamble what you can afford to lose.... Once you have that bankroll, it should be dedicated solely for gambling, separate from your personal funds.
So let’s say you start with a $1k bankroll, that means you’re earning a decent salary if you can whip that up easily. That way, your main funds won’t take a hit if the experiment goes south. It’s definitely possible, but the real question is: are people actually willing to risk $1k on sports betting?
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 is certainly possible to make $10,000 gambling with $1,000, but not guaranteed. Because you should never think about making money from gambling where you are too worried, because when you think about making money you are most likely to lose immediately. Because you have bet on five games and won three and lost two, you instantly have a higher number of wins if this match.
But going to the next game you will not be able to take the right decision immediately thinking about making money, therefore you are most likely to lose money. Because enter gambling with as much money as you can afford to lose.
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.
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.
You have a goal to increase your bankroll tenfold, it's a big goal, and I think it could work with a small bankroll, when a player can afford to risk more. But if you're talking about more or less tangible amounts, when the count goes into the thousands, then I think players will act more cautiously. This always happens when a player risks big money, the more you bet, the more you worry about the risk of losing. I see some players sharing their results that they manage to pump up their bankroll from hundreds to thousands in one season or even less, but I've never managed it.
The OP talks about sports betting but I will answer about what I know, which is a skill game as well. For someone who does not have great skill and experience, but has been a winner through the levels it could be playing poker but it is difficult. I guess with 1K you have a bankroll of NL25 and should be able to move up two levels in a year and stay at NL100, generating in the total year an average of $750 per month. It is feasible but it will also depend a lot on the variance.
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.
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.
If you calculate mathematically: then the amount of 1.0 can be increased to 10.0 if you increase your deposit through winnings by 1.21 times (21 percent) every month. Then, according to the law of compound interest, after 12 months the amount of the initial deposit will be multiplied by ten. Since in casinos and bets money is not added but multiplied, then this is possible, with a certain amount of luck. Nevertheless, multiplying the deposit by ten times sounds fantastic in terms of profitability. Any thoughts on which casino game you would do this in?
I think that mathematics does not work like that in gambling. At least it wont work for regular gamblers. With such high win chance, it seems that it is impossible to have so many win in a row to reach $10k. Run a test, set 82% win chance in Dice, start autobetting and see how many times you will see win streaks with 8-10 consecutive wins. Even if you had long streaks, like you have said, luck factor play a huge role.
I understand that you mean a practical approach to my words. But I was considering the theoretical possibility of such an increase in the deposit. And it turned out that it is possible with certain percentages of winnings. Of course, very few people will be able to win like that, most likely everyone will lose periodically. But there will be those who will win more than I counted. Everyone will have their own situation. I am sure of one thing - in 12 months the luck factor will level itself out a little and will leave those who are really engaged in gambling thoughtfully, playing in a game where not only luck.
I think we are both right or wrong with answering OP question. There is nothing impossible. What matter is how many times person can afford to try to get from $1k to $12k within 12 months. I am posting only from my perspective and experience. For example I would not risk going all-in 3-4 times with 2.00 odd to get to $10k. I would gamble whole year with little bets just to rich $10k with thousands and thousands of bets. Not saying that its impossible, but it will take to much time, nerves and effort to achieve. That is why my first suggestion was to increase starting balance as much as possible to make final goal more easy to achieve.
Probably for less than 1% of gamblers 10th-fold return would be realistic estimate but for the mass their such big return would turn into big lost as there is another term in this equation namely that one which is responsible for casinos profit which as I think is not less than the sum relevant to all winners together.
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If you calculate mathematically: then the amount of 1.0 can be increased to 10.0 if you increase your deposit through winnings by 1.21 times (21 percent) every month. Then, according to the law of compound interest, after 12 months the amount of the initial deposit will be multiplied by ten. Since in casinos and bets money is not added but multiplied, then this is possible, with a certain amount of luck. Nevertheless, multiplying the deposit by ten times sounds fantastic in terms of profitability. Any thoughts on which casino game you would do this in?
I think that mathematics does not work like that in gambling. At least it wont work for regular gamblers. With such high win chance, it seems that it is impossible to have so many win in a row to reach $10k. Run a test, set 82% win chance in Dice, start autobetting and see how many times you will see win streaks with 8-10 consecutive wins. Even if you had long streaks, like you have said, luck factor play a huge role.
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That is 10 odds. It is possible but the chance is low. The chance that is low that I mean is that the chance to lose the $1000 is high if you are looking for such high odd. Some matches will disappoint.
That's it, having such mindset would only lead one to losses upon losses yeah sometimes you might be lucky to meet up to the demands but you'll keep doubling to get to your task and eventually this is where it starts,I could remember arguing with a friend about same issues where he said he can make use of a certain amount to gain huge sum in less than 6 months and I was like it's impossible, but it didn't take up to 3 months he complained having losses and finding it difficult to meet up to the demands so this is why it's advice not to go long term in gambling. No need to takes too long to empty our wallet if we playing gambling so we must remember that gambling is just for having fun. We can just enjoy our time playing gambling and no need to thinks about increasing our balance from gambling.
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.
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.
If you calculate mathematically: then the amount of 1.0 can be increased to 10.0 if you increase your deposit through winnings by 1.21 times (21 percent) every month. Then, according to the law of compound interest, after 12 months the amount of the initial deposit will be multiplied by ten. Since in casinos and bets money is not added but multiplied, then this is possible, with a certain amount of luck. Nevertheless, multiplying the deposit by ten times sounds fantastic in terms of profitability. Any thoughts on which casino game you would do this in?
I think that mathematics does not work like that in gambling. At least it wont work for regular gamblers. With such high win chance, it seems that it is impossible to have so many win in a row to reach $10k. Run a test, set 82% win chance in Dice, start autobetting and see how many times you will see win streaks with 8-10 consecutive wins. Even if you had long streaks, like you have said, luck factor play a huge role.
I understand that you mean a practical approach to my words. But I was considering the theoretical possibility of such an increase in the deposit. And it turned out that it is possible with certain percentages of winnings. Of course, very few people will be able to win like that, most likely everyone will lose periodically. But there will be those who will win more than I counted. Everyone will have their own situation. I am sure of one thing - in 12 months the luck factor will level itself out a little and will leave those who are really engaged in gambling thoughtfully, playing in a game where not only luck.
That is 10 odds. It is possible but the chance is low. The chance that is low that I mean is that the chance to lose the $1000 is high if you are looking for such high odd. Some matches will disappoint.
That's it, having such mindset would only lead one to losses upon losses yeah sometimes you might be lucky to meet up to the demands but you'll keep doubling to get to your task and eventually this is where it starts,I could remember arguing with a friend about same issues where he said he can make use of a certain amount to gain huge sum in less than 6 months and I was like it's impossible, but it didn't take up to 3 months he complained having losses and finding it difficult to meet up to the demands so this is why it's advice not to go long term in gambling.
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 not going to be an easy task because in a long or short term reliance on gambling, the possibilities of loosing more than we wins could be higher.Though at some good lucky days, we can win bigger with a little amount of stake which possibly gives us the benefits of accountable profits.
Be sure that we all gamblers are vulnerable to loose either consciously or unconsciously but it is always at our take to control our bankrolls so that it does not affect our finances such as incomes and savings.
But giving this game a trial based on the topic, I would draft a betting schedule on how many times in a week I should bet and how much I would stake per game and be disciplined not to break the plans.
So trying to increase my bankroll of $1K to $10K in a year or better don't let my 1K fall below within 12 months, I will strictly be no greedy of picking high odds but lower odds which I assumes to have chances of winning even if not guaranteed. Believably, my intake of not being greedy would surely bestow my bankroll to increments in matter of time. Probably within the period of 1 year as targeted.
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.
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.
If you calculate mathematically: then the amount of 1.0 can be increased to 10.0 if you increase your deposit through winnings by 1.21 times (21 percent) every month. Then, according to the law of compound interest, after 12 months the amount of the initial deposit will be multiplied by ten. Since in casinos and bets money is not added but multiplied, then this is possible, with a certain amount of luck. Nevertheless, multiplying the deposit by ten times sounds fantastic in terms of profitability. Any thoughts on which casino game you would do this in?
I think that mathematics does not work like that in gambling. At least it wont work for regular gamblers. With such high win chance, it seems that it is impossible to have so many win in a row to reach $10k. Run a test, set 82% win chance in Dice, start autobetting and see how many times you will see win streaks with 8-10 consecutive wins. Even if you had long streaks, like you have said, luck factor play a huge role.
It is more like torture if you plan to use gambling to raise up your bankroll, I am certain that you aren't ready to lose the money anywsay, thats why you will panic and make the wrong choices.
I believe one can easily 10x his/her bankroll of one thousand dollars by trading Bitcoin and other crypto alt coins if he/she is good at trading or investing but I still doubt that it's going to be a possible thing for someone who's only considering to 10x his/her bankroll by betting. In gambling someone's luck plays a very important role and if someone isn't lucky then he/she may end up losing everything instead of winning anything.For most gamblers like us it is impossible to get it, luck can be very helpful but we also only bet in small amounts so the winnings will not be that big, it is better to never expect something big in gambling because it is beyond the capabilities of gamblers in general.
If he try from trading, maybe that is possible to increase his money. But if that is gambling, less chance to do that instead just lose their money fast if they don't have control. Besides that, winning in gambling needs luck which not always comes to us when gambling. So we must realize that we don't have to try it and just playing gambling for fun.
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