Do you think you could turn $1k bankroll to $10k in a year? - page 5.

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Quote from: summonerrk on November 07, 2024, 09:52:55 AM

Quote from: nara1892 on November 04, 2024, 05:52:21 AM

Sports betting is not my favorite, so I can't really predict whether someone can really turn $1000 into $10k in a year and I also don't know what scenario the gamblers have to do, but I think it's still possible because the difference between the amount of capital and the amount targeted is not too far and of course it will be more possible to achieve when you really have a lot of knowledge about the world of sports.

I think this is a plan that really has to be covered by a lot of caution every time you want to make a decision, and also money management, emotions and self-control really have to be maintained and maintained, the risk in gambling will basically always be part of the game but when you are really able to manage money and emotions very well then maybe it is quite possible to be able to achieve success in the plan.

I think that in sports betting, as well as in casino betting, the odds are not very different. The thing is that there will be losses and wins in both cases. In both cases, luck is important, and it is the main thing, no matter how well the player understands mathematics or sports. In general, betting is not much different from gambling, but in any case, my opinion is this: it is almost impossible to multiply the deposit tenfold. Even if the rule of compound interest is in effect here. This is too unrealistic a luck scenario.

Turning a $100 bankroll to $1K can be possible if the gambler actually knows what he's doing. Gambling is more of understanding and the date to keep winning. Every loses is like a setback and that should not weigh us down. Every gambler can hit 10X even in a single bet but risk management need to be involved so we don't go too far. This is very possible in sportbets which can earn us huge amounts of money. For those that can take risk will do this multiple making huge money for themselves especially betting with reasonable amount of money to earn more.

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To target the number of wins is indeed very impossible, especially for those of us who have never tried to gamble and get the target of money in one year, it is very unrealistic if it is thought, some things need luck for Tungga bets or in multi -betting that can speed up the process If you have a very good luck, but is it easy?, of course not.

I personally feel lack of confidence when targeting the amount of victory with such a large amount, there is a great sense of responsibility if targeted and we will force our own mind to not tolerate defeat because it will reduce capital money, but if we can be released and without burden using quantities That much money for gambling then bet, it could have been good luck in a fast time in the slot game. LOL

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Quote from: nara1892 on November 04, 2024, 05:52:21 AM

Sports betting is not my favorite, so I can't really predict whether someone can really turn $1000 into $10k in a year and I also don't know what scenario the gamblers have to do, but I think it's still possible because the difference between the amount of capital and the amount targeted is not too far and of course it will be more possible to achieve when you really have a lot of knowledge about the world of sports.

I think this is a plan that really has to be covered by a lot of caution every time you want to make a decision, and also money management, emotions and self-control really have to be maintained and maintained, the risk in gambling will basically always be part of the game but when you are really able to manage money and emotions very well then maybe it is quite possible to be able to achieve success in the plan.

I think that in sports betting, as well as in casino betting, the odds are not very different. The thing is that there will be losses and wins in both cases. In both cases, luck is important, and it is the main thing, no matter how well the player understands mathematics or sports. In general, betting is not much different from gambling, but in any case, my opinion is this: it is almost impossible to multiply the deposit tenfold. Even if the rule of compound interest is in effect here. This is too unrealistic a luck scenario.

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Quote from: Accardo on November 04, 2024, 05:26:24 AM

Quote from: fuguebtc on November 04, 2024, 04:50:09 AM

Large capital can be an advantage but that is only true if your goals remain the same, if your goals are larger then it doesn't make much difference. With a large capital, you will have more chances of winning because as you said, you will have more longer play but you also need to remember that your losses will also be larger. Not to mention, psychology is the most important thing because players with large capital will be under more pressure than players with small capital and that will also create different results .

But honestly, making 10x profit in 1 year by gambling, to me is a bit greedy and unrealistic because winning in gambling is based on luck. I don't think we've been lucky all year long even if you're the luckiest one. Don't forget that casinos are businesses and they need profits, that's why casinos are considered to be the house's money-making place but the gamblers' money-spending place.

The psychology of a high roller would grab the gambler and that 1k could go down after five wagers. Strategically, it's not certain that the player would hit 10k and managing $1k for a year is not realistic. It's quite a long interval and most players bet more than that in a year without hitting close to 10k. While some other people get more through luck. If well planned, the gambler can lower his bets and focus on the long term purposes.

Example, few cents on slot games for hours can fetch the player some wins that could pay for the next session. Then wait on luck. Still, the bankroll will get exhausted, before year end.

More on the side of possibilities that the bankroll might be wreck out before it will grow, though with luck and patience maybe things will happen. Different system and different takes, from gambler who can mnage to properly setup strategy and patterns that may work along the way, though not easy as you are dealing inside gambling and most of the time you may suffer more compared to your chance of making things favaorable to your side.

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Sports betting is not my favorite, so I can't really predict whether someone can really turn $1000 into $10k in a year and I also don't know what scenario the gamblers have to do, but I think it's still possible because the difference between the amount of capital and the amount targeted is not too far and of course it will be more possible to achieve when you really have a lot of knowledge about the world of sports.

I think this is a plan that really has to be covered by a lot of caution every time you want to make a decision, and also money management, emotions and self-control really have to be maintained and maintained, the risk in gambling will basically always be part of the game but when you are really able to manage money and emotions very well then maybe it is quite possible to be able to achieve success in the plan.

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Quote from: Julien_Olynpic on November 03, 2024, 10:46:32 PM

In theory, increasing your bankroll by 10 times always seems easier than in practice. However, even if we consider much smaller amounts, the task will not be easier. And this will seem surprising to many players. You may think that turning $1 into $10 is a much easier task than turning $1,000 into $10,000. However, this is just an illusion. In general, the general laws of turning a small amount into a large one and a large one into an even larger one are the same. For small amounts, there is simply less risk and less fear. But the general laws are the same. Why do people think that turning 1K into 10K is easy? It is unclear to me.

In theory, turning $1,000 into $10,000 is as easy as turning $1 into $10.

However, in my opinion, this is just an mental trap.

In gambling, in addition to the mathematical theory of probability, the choice of the “gaming table” is of great importance. The higher your bet, the “cooler” the gaming table you choose (the smarter and more dangerous players are playing against you). Mathematically, 10 x is 10 x, but in practice, it is not. Taking $1,000 from you is a much more attractive task than taking $1 from you.

Therefore, on the way to $10,000, you will probably encounter many more obstacles than on the way to $10.

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Quote from: fuguebtc on November 04, 2024, 04:50:09 AM

Large capital can be an advantage but that is only true if your goals remain the same, if your goals are larger then it doesn't make much difference. With a large capital, you will have more chances of winning because as you said, you will have more longer play but you also need to remember that your losses will also be larger. Not to mention, psychology is the most important thing because players with large capital will be under more pressure than players with small capital and that will also create different results .

But honestly, making 10x profit in 1 year by gambling, to me is a bit greedy and unrealistic because winning in gambling is based on luck. I don't think we've been lucky all year long even if you're the luckiest one. Don't forget that casinos are businesses and they need profits, that's why casinos are considered to be the house's money-making place but the gamblers' money-spending place.

The psychology of a high roller would grab the gambler and that 1k could go down after five wagers. Strategically, it's not certain that the player would hit 10k and managing $1k for a year is not realistic. It's quite a long interval and most players bet more than that in a year without hitting close to 10k. While some other people get more through luck. If well planned, the gambler can lower his bets and focus on the long term purposes.

Example, few cents on slot games for hours can fetch the player some wins that could pay for the next session. Then wait on luck. Still, the bankroll will get exhausted, before year end.

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Quote from: swogerino on November 04, 2024, 03:24:28 AM

Quote from: Julien_Olynpic on November 03, 2024, 10:46:32 PM

In theory, increasing your bankroll by 10 times always seems easier than in practice. However, even if we consider much smaller amounts, the task will not be easier. And this will seem surprising to many players. You may think that turning $1 into $10 is a much easier task than turning $1,000 into $10,000. However, this is just an illusion. In general, the general laws of turning a small amount into a large one and a large one into an even larger one are the same. For small amounts, there is simply less risk and less fear. But the general laws are the same. Why do people think that turning 1K into 10K is easy? It is unclear to me.

In fact I would say that is very different, for me I think it would be easier to get from 1000 dollars to 10000 dollars rather than 1 to 10 dollars. In sport betting it maybe the same however in slots I think the bigger the bankroll the better as it gives gamblers more longer play and better minimum bet to hit a huge win ( of course I don't suggest it as slots are the most devastating way to lose your money fast.) In sport betting I think it won't differ much except the timeline in which you achieve the results, most likely it will be faster with a 1000 dollars starting balance.

Large capital can be an advantage but that is only true if your goals remain the same, if your goals are larger then it doesn't make much difference. With a large capital, you will have more chances of winning because as you said, you will have more longer play but you also need to remember that your losses will also be larger. Not to mention, psychology is the most important thing because players with large capital will be under more pressure than players with small capital and that will also create different results .

But honestly, making 10x profit in 1 year by gambling, to me is a bit greedy and unrealistic because winning in gambling is based on luck. I don't think we've been lucky all year long even if you're the luckiest one. Don't forget that casinos are businesses and they need profits, that's why casinos are considered to be the house's money-making place but the gamblers' money-spending place.

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Quote from: Julien_Olynpic on November 03, 2024, 10:46:32 PM

In theory, increasing your bankroll by 10 times always seems easier than in practice. However, even if we consider much smaller amounts, the task will not be easier. And this will seem surprising to many players. You may think that turning $1 into $10 is a much easier task than turning $1,000 into $10,000. However, this is just an illusion. In general, the general laws of turning a small amount into a large one and a large one into an even larger one are the same. For small amounts, there is simply less risk and less fear. But the general laws are the same. Why do people think that turning 1K into 10K is easy? It is unclear to me.

In fact I would say that is very different, for me I think it would be easier to get from 1000 dollars to 10000 dollars rather than 1 to 10 dollars. In sport betting it maybe the same however in slots I think the bigger the bankroll the better as it gives gamblers more longer play and better minimum bet to hit a huge win ( of course I don't suggest it as slots are the most devastating way to lose your money fast.) In sport betting I think it won't differ much except the timeline in which you achieve the results, most likely it will be faster with a 1000 dollars starting balance.

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Quote from: Julien_Olynpic on November 03, 2024, 10:46:32 PM

In theory, increasing your bankroll by 10 times always seems easier than in practice. However, even if we consider much smaller amounts, the task will not be easier. And this will seem surprising to many players. You may think that turning $1 into $10 is a much easier task than turning $1,000 into $10,000. However, this is just an illusion. In general, the general laws of turning a small amount into a large one and a large one into an even larger one are the same. For small amounts, there is simply less risk and less fear. But the general laws are the same. Why do people think that turning 1K into 10K is easy? It is unclear to me.

This is a crazy rate. even if you can achieve a x4 or a x5 it would already be an awesome result, being greedy and try to reach such a high level it's a bit insane at least to me.
good gamblers are able to realize 7% of total amount wagered. in this case a gambler should wager 700k usd. this is an huge amount. it requires a lot of bets = a lot of risk!
if a gambler has not enough experience or specific hint in a sport, it's just going to loss all Sad

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In theory, increasing your bankroll by 10 times always seems easier than in practice. However, even if we consider much smaller amounts, the task will not be easier. And this will seem surprising to many players. You may think that turning $1 into $10 is a much easier task than turning $1,000 into $10,000. However, this is just an illusion. In general, the general laws of turning a small amount into a large one and a large one into an even larger one are the same. For small amounts, there is simply less risk and less fear. But the general laws are the same. Why do people think that turning 1K into 10K is easy? It is unclear to me.

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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.

Possible but the chance is very slim in my opinion. You have to be very lucky most of the time to reach that number. I made an experiment once wherein my bet were placed on the underdogs with an odds of more than 2.xx and after the conference my profit was just 13 percent of my bankroll if my memory serves me right.

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Quote from: Fredomago on November 03, 2024, 03:17:46 PM

Reflect to yourself and assess if you are really doing great especially in terms of setting your limitation and how good you are in following your own strategy, those factors are very important when you are trying to achieved something as most of the time, your emotion is your own hindrance in terms of achieving your goals, such kind of feelings that may lead you to do something inappropriate and will push you to make a wrong decision along the way.

Controlling the emotion will be difficult part in playing gambling because you will not know when you still have power to control yourself. Rather than increasing my capital from gambling, I choose just to play gambling and enjoy it so I don't have any reason to turn my $1k bankroll to $10k in a year.
That will be a difficult goals to achieve because we don't know how long we can achieve and how much money we may lose in gambling. Even if we create many strategies to win, we still difficult to win big.
So we must check to ourselves and think if that is worth to do or not but we don't have to try it consider that we can lose too much money.

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No sane gambler will say anything like that. If they do, they're delusional and overconfident.
If you told me you'd give me $1k if I could turn it into 10 through gambling, I wouldn't take it because it's not a consistent way of earning money, especially that a normal bet will not give you more than 3x, so you're looking at at around 3 to 4 large wins in a row, or hundreds of small bets just to get $10k, which is a pretty low amount for a year of work.

I might take it if I could invest it in bitcoin, but even for bitcoin a 10x in a year is almost unachievable at this point, so even if you allowed me to do that your chances of getting the results you hope for are minimal. Fun fact is that if you gamble the chances are even lower Wink

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Quote from: traderethereum on November 02, 2024, 11:58:06 PM

Quote from: stadus on November 02, 2024, 10:23:27 PM

It’s rare, but this proves it’s not impossible to make money in gambling. However, it’s not for everyone. We need to take a moment to evaluate ourselves, be honest, and see if we truly have the skills for it or not.

Yes, it is rare and not for everyone. But people tends to keeps trying to winning much money from gambling and not care about how much money they can lose.
What you say is introspect to ourselves of what we gets from gambling so we can see clearly that gambling is not a way to make money. But even that, some people who have big luck can win a big money so the chance will be there for some people.
If we can see the reality that happens to many people, we will not try to follow them and will playing gambling carefully. We know that we are not that lucky people so we always control ourselves and trying to limits the money.

Reflect to yourself and assess if you are really doing great especially in terms of setting your limitation and how good you are in following your own strategy, those factors are very important when you are trying to achieved something as most of the time, your emotion is your own hindrance in terms of achieving your goals, such kind of feelings that may lead you to do something inappropriate and will push you to make a wrong decision along the way.

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sure there are gamblers able to collect huge payouts but if you have never tried before these "adventures" being able to realize a x10 is really hard and not for everybody.
moreover having only 12 months as limit is serious hard and requires a lot of experience.
I am trilled to see the final outcome but I am a bit skeptical about the final outcome.

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Quote from: stadus on November 02, 2024, 10:23:27 PM

It’s rare, but this proves it’s not impossible to make money in gambling. However, it’s not for everyone. We need to take a moment to evaluate ourselves, be honest, and see if we truly have the skills for it or not.

Yes, it is rare and not for everyone. But people tends to keeps trying to winning much money from gambling and not care about how much money they can lose.
What you say is introspect to ourselves of what we gets from gambling so we can see clearly that gambling is not a way to make money. But even that, some people who have big luck can win a big money so the chance will be there for some people.
If we can see the reality that happens to many people, we will not try to follow them and will playing gambling carefully. We know that we are not that lucky people so we always control ourselves and trying to limits the money.

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Quote from: Smack That Ace on November 02, 2024, 09:48:51 PM

Quote from: stadus on November 02, 2024, 08:05:09 PM

If people think this isn’t possible, then how do you explain this?

From $50 into $40 million? - that’s beyond what most of us can imagine. It proves that nothing is impossible in gambling if approached with a steady and consistent strategy. We’re talking about $40 million here, not just $1k or $10k...serious money, earned over time. Sadly, he did lose it all back to gambling, but it still answers the question in the OP.

But I want to ask, how many people are lucky enough to do this? In your opinion, out of 1 million gamblers, how many are lucky enough to make a profit from gambling, let alone win such a large amount of money?

It’s rare, but this proves it’s not impossible to make money in gambling. However, it’s not for everyone. We need to take a moment to evaluate ourselves, be honest, and see if we truly have the skills for it or not.

Quote from: Smack That Ace on November 02, 2024, 09:48:51 PM

If making money from gambling was that easy, you could make 10 times your profits in just 1 year. Can you explain to me why there are so many stories of people going bankrupt and losing their homes because of gambling? Furthermore, if it is so easy to make money from gambling, should we stop investing in bitcoin and put all our money into gambling? You hold bitcoin for 4 years but there is no guarantee that you can make 10 times profit, why don't you consider switching to gambling to get rich faster?

Please do not use this story to encourage people to gamble more.

There’s nothing wrong with encouraging people to gamble...that’s why we’re all here, right? Aren’t we all gamblers here? So, you’re not gambling even while wearing that sig? What I want to promote is the idea that winning isn’t impossible, but we should remember it’s not for everyone. What is for everyone, though, is being a responsible gambler.

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Quote from: stadus on November 02, 2024, 08:05:09 PM

If people think this isn’t possible, then how do you explain this?

From $50 into $40 million? - that’s beyond what most of us can imagine. It proves that nothing is impossible in gambling if approached with a steady and consistent strategy. We’re talking about $40 million here, not just $1k or $10k...serious money, earned over time. Sadly, he did lose it all back to gambling, but it still answers the question in the OP.

But I want to ask, how many people are lucky enough to do this? In your opinion, out of 1 million gamblers, how many are lucky enough to make a profit from gambling, let alone win such a large amount of money?

If making money from gambling was that easy, you could make 10 times your profits in just 1 year. Can you explain to me why there are so many stories of people going bankrupt and losing their homes because of gambling? Furthermore, if it is so easy to make money from gambling, should we stop investing in bitcoin and put all our money into gambling? You hold bitcoin for 4 years but there is no guarantee that you can make 10 times profit, why don't you consider switching to gambling to get rich faster?

Please do not use this story to encourage people to gamble more.

stadus

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If people think this isn’t possible, then how do you explain this?

From $50 into $40 million? - that’s beyond what most of us can imagine. It proves that nothing is impossible in gambling if approached with a steady and consistent strategy. We’re talking about $40 million here, not just $1k or $10k...serious money, earned over time. Sadly, he did lose it all back to gambling, but it still answers the question in the OP.

Topic: Do you think you could turn $1k bankroll to $10k in a year? - page 5. (Read 2212 times)