Do you think you could turn $1k bankroll to $10k in a year? - page 8.

GigaBit

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Quote from: Sim_card on October 30, 2024, 08:36:54 AM

Quote from: Cryptmuster on October 30, 2024, 04:14:23 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.

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.

Nothing is impossible, but when you take it upon yourself as a duty to turn 1k to 10k,that is when it will become very hard, because it is just like you are trying to force the wins to come, and gambling is not like that. When gambling, it is when you don't expect to win your bet, that you will win it, but when you have big hopes of winning, that is when you will lose more. What I am trying to say is that, don't give yourself task when gambling to avoid excessive losses.

Those who gamble cannot deny this fact. Betting to win in gambling is more likely to lose. Even in such moments when a gambler needs a lot of money I have seen most of the gamblers lose. When gamblers don't care about winning, they can suddenly win big. That's why gambling should not have any expectations in advance. By doing this a gambler could rather lose his money in the future. If luck favors gambling, it won't be difficult to suddenly build a big bankroll. But if one is engaged in trying to increase his bankroll, his bankroll may decrease even more. Because those who think about going from 1K to 10K will not always win in gambling, in that case they will try to gamble more recklessly which will expose the gambler to more losses.

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Quote from: Cryptmuster on October 30, 2024, 04:14:23 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.

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.

Nothing is impossible, but when you take it upon yourself as a duty to turn 1k to 10k,that is when it will become very hard, because it is just like you are trying to force the wins to come, and gambling is not like that. When gambling, it is when you don't expect to win your bet, that you will win it, but when you have big hopes of winning, that is when you will lose more. What I am trying to say is that, don't give yourself task when gambling to avoid excessive losses.

TribalBob

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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

Ziskinberg

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Quote from: Popkon6 on October 30, 2024, 04:29:12 AM

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?

Popkon6

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

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.

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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.

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.

Poker Player

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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.

bakasabo

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Quote from: bubilas on October 30, 2024, 01:16:11 AM

Quote from: bakasabo on October 29, 2024, 03:44:00 AM

Quote from: bubilas on October 29, 2024, 01:39:08 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.

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.

satscraper

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Probably for less than 1% of gamblers 10^th-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.

mammusu

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Quote from: bakasabo on October 29, 2024, 03:44:00 AM

Quote from: bubilas on October 29, 2024, 01:39:08 AM

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

Snip

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.

Probability and luck work mysteriously in a gamble, so it is very difficult to be able to get a greater chance of winning at the moment, I personally quite agree if there is no guarantee that the winnings will occur in a row and sometimes we have to think realistically if luck will not always be on our side in gambling, even I think that each bet is an independent event so that the previous outcome is unlikely to affect the next outcome in gambling, in the context of gambling, it is important to realize that although strategies and odds can help, but the luck factor remains very dominant and this is one of the reasons why gambling can be so unpredictable and risky for us.

ethereumhunter

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Quote from: Oluwa-btc on October 29, 2024, 04:13:45 AM

Quote from: Charles-Tim on October 27, 2024, 04:50:02 AM

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.

That is what will happens to someone who want to increase his balance from gambling. He will difficult to wins the games but have a big chance to lose all of his money so that is why he doesn't needs to try it and it is better to search for the other ways to have more money. We can not wins much money from gambling because we are just a gambler who expecting to win. But if we are the casino owner, that will gives us a big chance to make money and we can increase our funds.

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.

bubilas

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Quote from: bakasabo on October 29, 2024, 03:44:00 AM

Quote from: bubilas on October 29, 2024, 01:39:08 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.

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.

Oluwa-btc

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Quote from: Charles-Tim on October 27, 2024, 04:50:02 AM

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.

EluguHcman

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

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.

bakasabo

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Quote from: bubilas on October 29, 2024, 01:39:08 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.

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.

jcojci

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Quote from: Hirose UK on October 28, 2024, 10:31:07 PM

Quote from: SamReomo on October 28, 2024, 06:44:40 PM

Quote from: KiaKia on October 28, 2024, 12:59:28 PM

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.

I agree with you, but there are also some people who are able to multiply money in gambling to thousands or tens and hundreds of thousands of dollars in some long term but only few people can do it either professional or people who do have very good luck, the percentage is 1% of all gamblers.
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.

It is no doubt if difficult to multiply money in gambling from $1k into ten hundreds dollars in a year. Some people can make it but most people will not have that chance. Gambling is not a source of income so they don't have to try it and it is better they search for the other place.

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.

bubilas

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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.

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?

2Pizza410000BTC

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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.

Gambling should be for entertainment Gambling should not be for making money. Always gamble with the ability to lose, never gamble with a high desire to win. Here it is difficult and difficult to convert $1000 to $10000 which is not sure if 5% people will be able to do it because gambling money is guaranteed to lose but there is no guarantee to win. Gambling should be done for entertainment and not for making money. I have seen many people who chose gambling as a means of earning money suffered so much in their life that they could not live well in later life due to this loss. Such difficult equations should not be gambled at all.

Hirose UK

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Quote from: SamReomo on October 28, 2024, 06:44:40 PM

Quote from: KiaKia on October 28, 2024, 12:59:28 PM

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.

I agree with you, but there are also some people who are able to multiply money in gambling to thousands or tens and hundreds of thousands of dollars in some long term but only few people can do it either professional or people who do have very good luck, the percentage is 1% of all gamblers.
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.

Russlenat

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Quote from: Darker45 on October 28, 2024, 09:12:45 PM

Well, this is gambling. Turning $1,000 into $10,000 is investing. And gambling isn't investing.

That’s definitely the most accurate description of gambling - it’s not investing. However, if you have the skills in sports betting, some people refer to it as sports investing, where their bankroll is considered their capital. The definition you provided about gambling applies to the majority, but that 1% of sports bettors might disagree because they’ve proven it can be an investment for them.

https://www.docsports.com/service/investing.html

Topic: Do you think you could turn $1k bankroll to $10k in a year? - page 8. (Read 2212 times)