Do you think you could turn $1k bankroll to $10k in a year? - page 6.

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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.

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Quote from: Obim34 on November 02, 2024, 03:43:54 PM

Quote from: Adbitco on November 02, 2024, 03:22:01 PM

Quote from: Fivestar4everMVP on November 02, 2024, 03:13:52 PM

Quote from: Adbitco on November 02, 2024, 02:54:50 PM

Quote from: pakhitheboss on October 27, 2024, 05:42:51 AM

My personal experience is that if I set a goal I will never be able to achieve it. I think betting should be more a fun activity than a source to flip money. If you set a goal the chances of you getting rekt is very high due to the risk associated with sports betting. Above all it is not that easy to track the stats of every team. I think it is better to avoid such ambitions and focus on the fun of betting.

This is where most people are getting it twisted because when they set such goal and think it would manifest to them but if it doesn't they keep trying their best to see if such will occur without knowing that the more they keep trying the more they get addicted, of a true gamblers should always focus at the money aspect rather should think about the fun part of it because not all time game always ends as planned.

Many just like to have their minds engaged in something, specially when it is commonly said that "the idle mind is the devils workshop", most people who don't have any other thing doing often jump on gambling and sports betting as a way to keep themselves busy on something atleast, but the issue then is that just as you have said, the more a person is engaged to engages him or herself in doing or participating in something, the more such one or group of persons get addicted to that activity..

Gambling, "like I believe we have mentioned multiple times" is game of luck, and so is sports betting too, regardless of the fact that in sports betting, to come out profitably is most time dependent on how good the gambler knows about sports,.

Even as that how good they could be they need not to accumulate much game I mean for a sport bettors, because having multiple games always result in a loss because there are probability that not all game we play will score according to how they predicted it because you can predict a game and it's goes the other way around whereby giving you serious loss that you never expect in the game.

Everything in gambling, especially sports betting is based on luck. It doesn't matter how conscious you are on your predictions, even the big teams are likely to lose their games, just take an example of how the Premier league played out today, i am very sure that a lot of bettors either took the Arsenal game a straight win or over 1.5 which is supposed to be a better and safe pick for the fixture to play accordingly but unfortunate what became the outcome of the game.

Yeah you are correct Arsenal versus Newcastle, I played the game over 0.5 first half nearly I could have given arsenal straight but as some points I've doubted my instance that arsenal can never win Newcastle. I was surprised to see Newcastle scored at the first half while arsenal tried to build a momentum to equalize on the first half but didn't really disappoint because newcastle was as well prepared for the game.

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Chance for me to do that, the ratio is going to be 5:95.

At least with that 5% belief in myself that I can do that but I don't have that plans to gamble all year round spending with that type of goal.

I might just invest it somewhere or in any crypto that might go 10x.

Obim34

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Quote from: Adbitco on November 02, 2024, 03:22:01 PM

Quote from: Fivestar4everMVP on November 02, 2024, 03:13:52 PM

Quote from: Adbitco on November 02, 2024, 02:54:50 PM

Quote from: pakhitheboss on October 27, 2024, 05:42:51 AM

My personal experience is that if I set a goal I will never be able to achieve it. I think betting should be more a fun activity than a source to flip money. If you set a goal the chances of you getting rekt is very high due to the risk associated with sports betting. Above all it is not that easy to track the stats of every team. I think it is better to avoid such ambitions and focus on the fun of betting.

This is where most people are getting it twisted because when they set such goal and think it would manifest to them but if it doesn't they keep trying their best to see if such will occur without knowing that the more they keep trying the more they get addicted, of a true gamblers should always focus at the money aspect rather should think about the fun part of it because not all time game always ends as planned.

Many just like to have their minds engaged in something, specially when it is commonly said that "the idle mind is the devils workshop", most people who don't have any other thing doing often jump on gambling and sports betting as a way to keep themselves busy on something atleast, but the issue then is that just as you have said, the more a person is engaged to engages him or herself in doing or participating in something, the more such one or group of persons get addicted to that activity..

Gambling, "like I believe we have mentioned multiple times" is game of luck, and so is sports betting too, regardless of the fact that in sports betting, to come out profitably is most time dependent on how good the gambler knows about sports,.

Even as that how good they could be they need not to accumulate much game I mean for a sport bettors, because having multiple games always result in a loss because there are probability that not all game we play will score according to how they predicted it because you can predict a game and it's goes the other way around whereby giving you serious loss that you never expect in the game.

Everything in gambling, especially sports betting is based on luck. It doesn't matter how conscious you are on your predictions, even the big teams are likely to lose their games, just take an example of how the Premier league played out today, i am very sure that a lot of bettors either took the Arsenal game a straight win or over 1.5 which is supposed to be a better and safe pick for the fixture to play accordingly but unfortunate what became the outcome of the game.

Adbitco

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Quote from: Fivestar4everMVP on November 02, 2024, 03:13:52 PM

Quote from: Adbitco on November 02, 2024, 02:54:50 PM

Quote from: pakhitheboss on October 27, 2024, 05:42:51 AM

My personal experience is that if I set a goal I will never be able to achieve it. I think betting should be more a fun activity than a source to flip money. If you set a goal the chances of you getting rekt is very high due to the risk associated with sports betting. Above all it is not that easy to track the stats of every team. I think it is better to avoid such ambitions and focus on the fun of betting.

This is where most people are getting it twisted because when they set such goal and think it would manifest to them but if it doesn't they keep trying their best to see if such will occur without knowing that the more they keep trying the more they get addicted, of a true gamblers should always focus at the money aspect rather should think about the fun part of it because not all time game always ends as planned.

Many just like to have their minds engaged in something, specially when it is commonly said that "the idle mind is the devils workshop", most people who don't have any other thing doing often jump on gambling and sports betting as a way to keep themselves busy on something atleast, but the issue then is that just as you have said, the more a person is engaged to engages him or herself in doing or participating in something, the more such one or group of persons get addicted to that activity..

Gambling, "like I believe we have mentioned multiple times" is game of luck, and so is sports betting too, regardless of the fact that in sports betting, to come out profitably is most time dependent on how good the gambler knows about sports,.

Even as that how good they could be they need not to accumulate much game I mean for a sport bettors, because having multiple games always result in a loss because there are probability that not all game we play will score according to how they predicted it because you can predict a game and it's goes the other way around whereby giving you serious loss that you never expect in the game.

Fivestar4everMVP

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Quote from: Adbitco on November 02, 2024, 02:54:50 PM

Quote from: pakhitheboss on October 27, 2024, 05:42:51 AM

My personal experience is that if I set a goal I will never be able to achieve it. I think betting should be more a fun activity than a source to flip money. If you set a goal the chances of you getting rekt is very high due to the risk associated with sports betting. Above all it is not that easy to track the stats of every team. I think it is better to avoid such ambitions and focus on the fun of betting.

This is where most people are getting it twisted because when they set such goal and think it would manifest to them but if it doesn't they keep trying their best to see if such will occur without knowing that the more they keep trying the more they get addicted, of a true gamblers should always focus at the money aspect rather should think about the fun part of it because not all time game always ends as planned.

Many just like to have their minds engaged in something, specially when it is commonly said that "the idle mind is the devils workshop", most people who don't have any other thing doing often jump on gambling and sports betting as a way to keep themselves busy on something atleast, but the issue then is that just as you have said, the more a person is engaged to engages him or herself in doing or participating in something, the more such one or group of persons get addicted to that activity..

Gambling, "like I believe we have mentioned multiple times" is game of luck, and so is sports betting too, regardless of the fact that in sports betting, to come out profitably is most time dependent on how good the gambler knows about sports,.

Zadicar

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Quote from: boltz on November 02, 2024, 01:40:52 PM

Quote from: eisen33 on November 02, 2024, 12:44:26 PM

Quote from: MAAManda on November 02, 2024, 10:04:00 AM

Just turning $1K into $10K in a year is easy, it's only 10 times the initial bankroll, I can even make it 50 - 100 times if given 1 year. Not only me, maybe some serious sports bettors here have the same thoughts as me.

However, behind that thought there is a big obstacle, which is consistency in betting choices, sometimes we feel that we are always lucky & have random without doing in-depth analysis. Easy to think, but not easy to do.

Are you so sure that it is so easy to do in a year? Then why don't you do it only with a larger amount, for example, not with 1k but with 10k, then in a year you will earn 100k (net profit will be 90k), which will be more than any average salary even in developed countries. It seems to me that this is too difficult a task, maybe there are players who can do it, but this may not always work out, and winnings will alternate with many losses. Even doubling a deposit is not easy, not to mention increasing it 10 times.

Making money from gambling it's not a certain income and turning 1k into 10k is also a very difficult task like you said so I doubt a regular gambler can make x10 with that bankroll but maybe some professionals gamblers could do it. However , I personally don't believe making easy money from gambling is real and those so called "professionals" gamblers cannot be fully trust that's for sure because even them can have bad calls and can easily lose your 1k$.

You wouldnt know not until on the moment that you could really be able to make money or able to reach out those numbers on which we know that the greatest or main factor on making things happen is that you do really be able to hit up those numbers accordingly basing up on how lucky you would be, but since we are talking about sports betting on which having some analysis and experience towards sports will really be that at least having some advantage in comparing when you are really that dealing up with some casino based games on which we know that this is far more riskier than on dealing on betting.
Results would really be that totally random whether it could be achieved or not by a certain individual on which luck factor isnt always the same on each person on which means that iits neither could be achieved or not.

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Quote from: pakhitheboss on October 27, 2024, 05:42:51 AM

My personal experience is that if I set a goal I will never be able to achieve it. I think betting should be more a fun activity than a source to flip money. If you set a goal the chances of you getting rekt is very high due to the risk associated with sports betting. Above all it is not that easy to track the stats of every team. I think it is better to avoid such ambitions and focus on the fun of betting.

This is where most people are getting it twisted because when they set such goal and think it would manifest to them but if it doesn't they keep trying their best to see if such will occur without knowing that the more they keep trying the more they get addicted, of a true gamblers should always focus at the money aspect rather should think about the fun part of it because not all time game always ends as planned.

boltz

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Quote from: eisen33 on November 02, 2024, 12:44:26 PM

Quote from: MAAManda on November 02, 2024, 10:04:00 AM

Just turning $1K into $10K in a year is easy, it's only 10 times the initial bankroll, I can even make it 50 - 100 times if given 1 year. Not only me, maybe some serious sports bettors here have the same thoughts as me.

However, behind that thought there is a big obstacle, which is consistency in betting choices, sometimes we feel that we are always lucky & have random without doing in-depth analysis. Easy to think, but not easy to do.

Are you so sure that it is so easy to do in a year? Then why don't you do it only with a larger amount, for example, not with 1k but with 10k, then in a year you will earn 100k (net profit will be 90k), which will be more than any average salary even in developed countries. It seems to me that this is too difficult a task, maybe there are players who can do it, but this may not always work out, and winnings will alternate with many losses. Even doubling a deposit is not easy, not to mention increasing it 10 times.

Making money from gambling it's not a certain income and turning 1k into 10k is also a very difficult task like you said so I doubt a regular gambler can make x10 with that bankroll but maybe some professionals gamblers could do it. However , I personally don't believe making easy money from gambling is real and those so called "professionals" gamblers cannot be fully trust that's for sure because even them can have bad calls and can easily lose your 1k$.

eisen33

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Quote from: MAAManda on November 02, 2024, 10:04:00 AM

Just turning $1K into $10K in a year is easy, it's only 10 times the initial bankroll, I can even make it 50 - 100 times if given 1 year. Not only me, maybe some serious sports bettors here have the same thoughts as me.

However, behind that thought there is a big obstacle, which is consistency in betting choices, sometimes we feel that we are always lucky & have random without doing in-depth analysis. Easy to think, but not easy to do.

Are you so sure that it is so easy to do in a year? Then why don't you do it only with a larger amount, for example, not with 1k but with 10k, then in a year you will earn 100k (net profit will be 90k), which will be more than any average salary even in developed countries. It seems to me that this is too difficult a task, maybe there are players who can do it, but this may not always work out, and winnings will alternate with many losses. Even doubling a deposit is not easy, not to mention increasing it 10 times.

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Quote from: MAAManda on November 02, 2024, 10:04:00 AM

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.

Just turning $1K into $10K in a year is easy, it's only 10 times the initial bankroll, I can even make it 50 - 100 times if given 1 year. Not only me, maybe some serious sports bettors here have the same thoughts as me.

However, behind that thought there is a big obstacle, which is consistency in betting choices, sometimes we feel that we are always lucky & have random without doing in-depth analysis. Easy to think, but not easy to do.

I don't really believe on the word "easy" because anything can actually happens in gambling and everything you have earned could be lost winning a single bet. You can even double your bankroll till 9X and lost everything when you intend to double it at the 10X. Gambling is not for everyone and it's left for those that are new to be ready to learn and understand the skills that is required for them to keep being a winning gambler. Gambling is even more if risk that the winnings, you can be winning consecutively and suddenly you start losing bets without you knowing what could be wrong actually.

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Quote from: MAAManda on November 02, 2024, 10:04:00 AM

Just turning $1K into $10K in a year is easy, it's only 10 times the initial bankroll, I can even make it 50 - 100 times if given 1 year. Not only me, maybe some serious sports bettors here have the same thoughts as me.

Achieving a significant profit, such as turning $1k into $10k, is easier said than done. It might be more attainable with multiple attempts using smaller amounts, the challenge becomes different when larger sums are at stake. In casino games, this might be feasible, but in sports betting, higher amounts lead to more cautious decisions, often requiring careful thought before each wager.

Think of your $1k as your lifeline - losing it means the journey ends. You need to be resilient enough to face potential losing streaks, and disciplined bankroll management is crucial to making this into reality.

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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.

Just turning $1K into $10K in a year is easy, it's only 10 times the initial bankroll, I can even make it 50 - 100 times if given 1 year. Not only me, maybe some serious sports bettors here have the same thoughts as me.

However, behind that thought there is a big obstacle, which is consistency in betting choices, sometimes we feel that we are always lucky & have random without doing in-depth analysis. Easy to think, but not easy to do.

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Possible if you are skilled with some games, except for those which are based on pure luck wherein possibility relies on this factor as well. I can say that it is possible simply because I witnessed a friend of mine to do it but with a larger starting bet so I think it makes sense to say so. However this should not be an encouragement to all people, it is best to keep in mind that luck and fate plays differently on each of us; you might get it within a year but what if you happened to lose your capital within a week or few days? Will you deposit more? Losing continuously does happen to all of us especially if it is not really our day.

Quote from: Russlenat on November 02, 2024, 07:26:25 AM

Quote from: Richbased on November 01, 2024, 01:16:00 AM

Setting a bankroll as gambling amount is fine but setting a winning target amount is not necessary.

I’d disagree with this. How would you know if you’re already successful in gambling if you don’t track your current score and set a winning target? People say to set a bankroll limit and only gamble what you can afford to lose, but without a clear target, you’re just gambling without any real direction.

To track is to simply check if you're in profit or not. It is not a requirement to have a target profit because uncertainties do happen with our bets and some people just cannot handle failing their expectations. Some people are becoming more eager once their expectations are not met; what is common is for them to be greedy and frustrated to win back the loss and eventually aim to multiply the amount but if luck won't go along, it will just result to a bigger loss than the initial capital.

Russlenat

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Quote from: madnessteat on November 02, 2024, 07:42:11 AM

Quote from: Russlenat on November 02, 2024, 07:26:25 AM

Quote from: Richbased on November 01, 2024, 01:16:00 AM

Setting a bankroll as gambling amount is fine but setting a winning target amount is not necessary.

I’d disagree with this. How would you know if you’re already successful in gambling if you don’t track your current score and set a winning target? People say to set a bankroll limit and only gamble what you can afford to lose, but without a clear target, you’re just gambling without any real direction.

In my opinion, the goal is determined during the gambling session. For example, if I make a bet of 10$ I will increase my bankroll to 50$, I will try to finish the gambling session. If I can increase my bankroll even more, I will do the same. My goal in this strategy is not to increase my bankroll by 5 times, but to keep the money won by withdrawing it from the gambling site. In general, it seems to me that setting goals for myself in games based on luck is not quite right. You should always act according to the circumstances.

Let’s stay focused on the topic of this thread, "$10k in a year" as the goal. It’s a long-term objective. Truth is, if a gambler is disciplined, effective bankroll management should not be a problem.. You can choose to stick with 1% for a more conservative approach or go with 5% for something more aggressive. Using a percentage-based strategy simplifies betting compared to deciding whether to increase or decrease your stake. The idea is that as you win, even by maintaining the same percentage, your wager naturally grows. With a higher percentage, you could potentially reach that $10k goal in less than a year.

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Quote from: Russlenat on November 02, 2024, 07:26:25 AM

Quote from: Richbased on November 01, 2024, 01:16:00 AM

Setting a bankroll as gambling amount is fine but setting a winning target amount is not necessary.

I’d disagree with this. How would you know if you’re already successful in gambling if you don’t track your current score and set a winning target? People say to set a bankroll limit and only gamble what you can afford to lose, but without a clear target, you’re just gambling without any real direction.

In my opinion, the goal is determined during the gambling session. For example, if I make a bet of 10$ I will increase my bankroll to 50$, I will try to finish the gambling session. If I can increase my bankroll even more, I will do the same. My goal in this strategy is not to increase my bankroll by 5 times, but to keep the money won by withdrawing it from the gambling site. In general, it seems to me that setting goals for myself in games based on luck is not quite right. You should always act according to the circumstances.

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Quote from: Aanuoluwatofunmi on October 31, 2024, 01:55:25 PM

Once it is gambling, we can achieve this even in less than a year to turn 1k to 10k while gambling, this may also be possible either by luck or how skillful we appear to the games we are playing, also, on the contrary, we may not be able to achieve anything close to that or even lose the entire money into gambling when we consistently fail and this can happened at anytime, we may loose the money at once or gradually as we are gambling.

If we have a ready allocation of $1,000 just for our gambling in the casino, I think that if we find that we are lucky in gambling, it is possible to achieve $10,000 or more if luck
favors us while we are playing at a casino gambling game provider.

But if luck doesn't favor us, the $1,000 that we spend on casino gambling will be wasted for sure at the end of our playing.
That's the only thing I can see that can happen.

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Quote from: Richbased on November 01, 2024, 01:16:00 AM

Setting a bankroll as gambling amount is fine but setting a winning target amount is not necessary.

I’d disagree with this. How would you know if you’re already successful in gambling if you don’t track your current score and set a winning target? People say to set a bankroll limit and only gamble what you can afford to lose, but without a clear target, you’re just gambling without any real direction.

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Quote from: SmartGold01 on October 31, 2024, 08:59:23 PM

Quote from: Richbased on October 31, 2024, 02:12:32 PM

If a gambler has a target of using $1k to win $10k in a year which is about 12 months, he will split the amount within the 12 months but it doesn't mean he must win in each of the months. Perhaps, if a gambler keeps $1k to gamble for a whole year then he shouldn't have a winning amount target at all, what he should do is to see that amount as what he can lose and not get affected in anyway, if he is able to make profits at the end of the year with the allocated bankroll for gambling then it's fine otherwise he should just forget about making a target from it because it is probably not going to happen that way.

If I may get op correctly is that he is trying to make a point were someone would be that discipline enough to gamble with $1k judiciously without incurring much lost if a target is set on that money, although it's true that we can never be certain on amount to win but this will help culture our risk more better than gambling without control. In all ramifications, setting limits or targets helps us control our bankroll not careless place all bet or jump into gambling all time without a productive results.

Setting a bankroll as gambling amount is fine but setting a winning target amount is not necessary. If you are able to win with the bankroll you've set aside for your gambling in a year it's good but if you didn't win with it you won't have a problem. We should have the mentality that setting a bankroll for gambling should by an amount we can consider or we can afford to lose in a year and see it as fair amount instead of having a target of a winning amount with your bankroll for the year because by so doing, it will lead you to exceeding your bankroll because since you have a winning target, at every time you lose a bet, you will either try to increase your wager amount next time you want to stake a bet such that it will amount to your winning target and before you realize yourself you must have really gone deep outside your bankroll since you are very inquisitive of meeting your target.

Topic: Do you think you could turn $1k bankroll to $10k in a year? - page 6. (Read 2260 times)