Gambler turns 60 pence bet into £157,865.59

ethereumhunter

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Quote from: molsewid on May 21, 2022, 06:06:00 PM

Quote from: Silberman on May 21, 2022, 12:51:28 PM

200k is a decent amount almost everywhere but it is also not enough to retire, if anything it is an incredibly seed capital from which you can build a bright future for yourself, for example you could buy 6.6 BTC with that money and even the lowest prediction for the next bull market will have us reaching at least 100k meaning that you can multiply that capital in just a few years my more than 230%, and if you are willing to hold your coins for the long term then the profits you can get are even higher than that.

I hope I am just lucky like him, I bet he will try to gamble again with this money I hope he will not spend it all and save a little. With that big amount of money he get, he can buy bitcoins or eth but it will depends on what will be his plan, he can buy investment for long term and he can retire if he wants to once his coins price gets back to its place. But then I think he will going to play again after this.

Hopefully, he doesn't gamble again after that big win and just focuses on his life by starting a business that can earn him more money. By suggesting buying bitcoin, it can be useful for him because as a type of investment, bitcoin can provide great profits in the future. This allows him to retire early with more money in the future. But all that will depend on his plans and we can only guess what he will do in the future and hopefully, it will be good for him and his family.

LUCKMCFLY

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Quote from: Silberman on May 21, 2022, 12:51:28 PM

Quote from: panjul07 on May 19, 2022, 12:58:25 PM

Quote from: Poker Player on May 17, 2022, 02:00:55 AM

I don't know if you live in a poor area within Indonesia where the average salary and cost of living is even lower but it doesn't seem to be enough for you to retire. Or is it that you had not done the math.

I'm from Indonesia as well and I have to say that $200k is absolutely a huge amount but I will not retire or stop working if I win that amount.
Any cost is increased from time to time and I do believe that if I do nothing and rely on that money only, it wont be enough till I'm old.
It is fine to retire but there should be follow up action such as building our own business with the winning money.

200k is a decent amount almost everywhere but it is also not enough to retire, if anything it is an incredibly seed capital from which you can build a bright future for yourself, for example you could buy 6.6 BTC with that money and even the lowest prediction for the next bull market will have us reaching at least 100k meaning that you can multiply that capital in just a few years my more than 230%, and if you are willing to hold your coins for the long term then the profits you can get are even higher than that.

The truth is that I agree with your thinking, I would buy the BTC and I would have no doubt about enjoying something when it goes up to $100k or even much more, however, many may not see it that way, because they may want to buy everything they have wanted have and keep at least 1 or 2 BTC, which is not bad either, in my case I think that if I would hodl and put everything in BTC, I would have no doubt because I would see it as a much juicier option than just changing it to FIAT or buying house or investing in Real Estate, including buying gold or investing in the stock market.

Fredomago

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Quote from: STT on May 21, 2022, 01:09:03 PM

Its so lucky he could write a book on it or a regular newspaper column because clearly he knows his stuff to get all the games right when some can barely guess any results beyond random picks.

Sort good to sell your stories and gained more followers and readers, if he can provide articles or books on how he successfully predicts those picks that he has, even it's just a matter of luck or he really have some basis in doing a kind of parlay that leads him to win this huge amount of money. There are people who will follow and will also try to find that same luck that he enjoys.

Quote

Depends where you retire but 200k is a starter for a pension and then you need it to grow over a couple decades or he could just buy a house and save himself rent that way; its a decent amount but depends on where you live and the costs you pay.

That's huge money from my location. He can own a house and start a business with that amount. If he's wise enough to invest that money into other passive investment and allow his money to work for him.

molsewid

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Quote from: Silberman on May 21, 2022, 12:51:28 PM

200k is a decent amount almost everywhere but it is also not enough to retire, if anything it is an incredibly seed capital from which you can build a bright future for yourself, for example you could buy 6.6 BTC with that money and even the lowest prediction for the next bull market will have us reaching at least 100k meaning that you can multiply that capital in just a few years my more than 230%, and if you are willing to hold your coins for the long term then the profits you can get are even higher than that.

I hope I am just lucky like him, I bet he will try to gamble again with this money I hope he will not spend it all and save a little. With that big amount of money he get, he can buy bitcoins or eth but it will depends on what will be his plan, he can buy investment for long term and he can retire if he wants to once his coins price gets back to its place. But then I think he will going to play again after this.

famososMuertos

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LE ☮︎ Halving es la purga

Quote from: KTChampions on May 07, 2022, 04:22:56 PM

Quote from: uneng on May 07, 2022, 04:05:25 PM

...//...,,,

The odds were 263.109/1. This means that for every million bets placed with such odds, approximately 4 will be winning. Given the fact that millions of betters make hundreds of millions of bets every week and so on for months / years, such events are inevitable. Few people are fond of such huge odds, but there are such amateurs, so from time to time we see such news.

That's how it is! It's just that, in reality who hasn't made a crazy parley looking to get it right. Cool

Last year a gambler from the UK got this prize:

Quote from: wheelz1200 on June 29, 2021, 07:01:32 PM

https://www.espn.com/chalk/story/_/id/31732427/london-based-bettor-wins-136-million-six-leg-parlay-harris-english-putt

This is the most insane winning parlay I've ever seen. And with the last leg resting on a golf match that went deep into a playoff. Would have had a heart attack watching myself

Best parlay ypu ever won or seen a story on?

We needed the classic story of the compulsive gambler this year here (BTT).

STT

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Its so lucky he could write a book on it or a regular newspaper column because clearly he knows his stuff to get all the games right when some can barely guess any results beyond random picks. Depends where you retire but 200k is a starter for a pension and then you need it to grow over a couple decades or he could just buy a house and save himself rent that way; its a decent amount but depends on where you live and the costs you pay.

Silberman

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Quote from: panjul07 on May 19, 2022, 12:58:25 PM

Quote from: Poker Player on May 17, 2022, 02:00:55 AM

I don't know if you live in a poor area within Indonesia where the average salary and cost of living is even lower but it doesn't seem to be enough for you to retire. Or is it that you had not done the math.

I'm from Indonesia as well and I have to say that $200k is absolutely a huge amount but I will not retire or stop working if I win that amount.
Any cost is increased from time to time and I do believe that if I do nothing and rely on that money only, it wont be enough till I'm old.
It is fine to retire but there should be follow up action such as building our own business with the winning money.

200k is a decent amount almost everywhere but it is also not enough to retire, if anything it is an incredibly seed capital from which you can build a bright future for yourself, for example you could buy 6.6 BTC with that money and even the lowest prediction for the next bull market will have us reaching at least 100k meaning that you can multiply that capital in just a few years my more than 230%, and if you are willing to hold your coins for the long term then the profits you can get are even higher than that.

Oshosondy

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Quote from: Distinctin on May 20, 2022, 02:11:24 PM

That's quite true! Not just in your country mate but almost every country and citizens are really dreaming and hoping that one day they could be that lucky and hit a huge amount on the lottery.

I have hoped for such in the past and I have played bets like that several times in the past, out of billions, just only few people would be able to win and the chance the few people would win is very small. This is the best way gambling sites are making their money, for people to accumulate matches and bet on it, in order to lose. Having fun for me now while betting is just by taking 1 or 2 matches weekly using small amount of money. I wanted to make it through gambling before but now I just need the money for beer while gambling and not that necessary.

Quote from: Distinctin on May 20, 2022, 02:11:24 PM

However, that amount of money varies on every country, yes that money is not that big if someone is living in Europe or North America but if that someone is living in Asia or some remote countries, that amount is sure beneficial in their eyes and can even retire someone on a young age and still live comfortable until they get old.

The money is huge generally, if someone in US is receiving $3000 monthly in US, he would work for that money for 50 months, that is more than 2 years. In Africa and Asia, the money is more because the purchasing power in the countries in Africa and Asia is small and the wages and salary are low, but also it is still a big sum of money in countries like Europe and North America.

Mahanton

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Quote from: LUCKMCFLY on May 19, 2022, 12:30:21 PM

The truth is that I don't think it can be fake news, in probability and statistics there is always the option of hitting the jackpot, just as the majority is giving almost everyone the loser, it depends on what is the probability in percentage that it can happen, in a series of events it is likely that there is a winner in the midst of all possible bets, then the player may have had a unique luck somewhat enlightened and guessed everything, although it is quite an outlier but it is very likely, who can say not ? and why not?

Come to think that this is gambling after all and probabilities or possibilities could really happen along the way even though it might sounds impossible since we know that betting does really need up that high level
of luck in order for you to win parlays specially on this one. Imagine on hitting up long consecutive wins of your bets without any loss is totally remarkable or something
that you wont really see on everyday basis but doesnt mean that it cant be happening on someone. Imagine on how big the amount is whether this one is just some hoax or truly did
happen.

Distinctin

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Quote from: Sirait on May 16, 2022, 12:36:08 PM

Quote from: Don Pedro Dinero on May 16, 2022, 10:44:17 AM

Quote from: Boristhecat on May 15, 2022, 02:45:43 PM

By the way, what country do you live in? In most developed countries, this amount is not enough to live a lifetime without working, which is probably only possible in poor countries.

He probably lives in a developing country, but to calculate how much you need to live without working we have to take into account age and other factors. Someone who lives in a developing country, has a paid house, emancipated children and is 60 years old is not the same as someone who is 30 years old in a developed country, has not yet bought a house and has young children.

In Europe, that amount is not that much, whatever age you are, but it gives you joy.

in my country (Indonesia) with that kind of money can make a person retire young and live comfortably without having to work until old. in developing countries I guarantee that almost everyone hopes to win the big lottery so that they retire quickly and don't have to work hard outside. but it's true that in developed countries, the winnings are still small.

That's quite true! Not just in your country mate but almost every country and citizens are really dreaming and hoping that one day they could be that lucky and hit a huge amount on the lottery.

However, that amount of money varies on every country, yes that money is not that big if someone is living in Europe or North America but if that someone is living in Asia or some remote countries, that amount is sure beneficial in their eyes and can even retire someone on a young age and still live comfortable until they get old.

panjul07

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Quote from: Poker Player on May 17, 2022, 02:00:55 AM

I don't know if you live in a poor area within Indonesia where the average salary and cost of living is even lower but it doesn't seem to be enough for you to retire. Or is it that you had not done the math.

I'm from Indonesia as well and I have to say that $200k is absolutely a huge amount but I will not retire or stop working if I win that amount.
Any cost is increased from time to time and I do believe that if I do nothing and rely on that money only, it wont be enough till I'm old.
It is fine to retire but there should be follow up action such as building our own business with the winning money.

LUCKMCFLY

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The truth is that I don't think it can be fake news, in probability and statistics there is always the option of hitting the jackpot, just as the majority is giving almost everyone the loser, it depends on what is the probability in percentage that it can happen, in a series of events it is likely that there is a winner in the midst of all possible bets, then the player may have had a unique luck somewhat enlightened and guessed everything, although it is quite an outlier but it is very likely, who can say not ? and why not?

Silberman

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Quote from: pakhitheboss on May 17, 2022, 01:08:45 AM

Quote from: Sirait on May 16, 2022, 12:36:08 PM

Quote from: Don Pedro Dinero on May 16, 2022, 10:44:17 AM

Quote from: Boristhecat on May 15, 2022, 02:45:43 PM

By the way, what country do you live in? In most developed countries, this amount is not enough to live a lifetime without working, which is probably only possible in poor countries.

He probably lives in a developing country, but to calculate how much you need to live without working we have to take into account age and other factors. Someone who lives in a developing country, has a paid house, emancipated children and is 60 years old is not the same as someone who is 30 years old in a developed country, has not yet bought a house and has young children.

In Europe, that amount is not that much, whatever age you are, but it gives you joy.

in my country (Indonesia) with that kind of money can make a person retire young and live comfortably without having to work until old. in developing countries I guarantee that almost everyone hopes to win the big lottery so that they retire quickly and don't have to work hard outside. but it's true that in developed countries, the winnings are still small.

Yes, you can retire young with that kind of money but if you do not know how to manage that kind of money then you might loose it all quickly. I have read a few articles wherein lottery winners or gamblers after winning have lost all because of bad investment. The concept of stable life is a myth as anything can happen in these times.

It would be difficult to retire with that kind of money even in a third world country, it could be done but it is not going to be easy, after all such a person could buy a few houses and then rent them, since rent follows inflation then that is a good way to protect you from it, however we never know what it may happen, there are some places in which rent has been frozen and it does not follow inflation anymore, now you have to take care of the houses, maintaining them and pay taxes as well, so you are not really retiring when we really think about this.

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Quote from: traderethereum on May 17, 2022, 03:33:41 AM

If we win from gambling with lots of money, we should save half of the winning money and use a quarter to build a business that can give us more money, and we can use another quarter to enjoy it.

That's correct. Even if it's luck should be saved and therefore used to invest in a money-generating business and since having a large amount of money, greediness cannot be controlled and it will surely be spent until you have nothing.

Having this large amount of money, the gambler should take advice from a professional financial adviser on how he can handle it without worrying about losing it all.

Quote from: macson on May 13, 2022, 02:46:45 PM

it must be done well. but the thing that bothers me is if that man can guess 100% then it's not a coincidence, he often does that but this is the first time he's been exposed. the chance of getting 100% right on every guess is 0.9%

This is a very unbelievable story but it really happens, he might be a professional gambler and analyze every team and how the game will turn around.

traderethereum

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Quote from: worle1bm on May 17, 2022, 12:48:28 AM

Most of the developing and underdeveloped countries have the same situations where you could live a good life with that much amount but depending on the inflation and other problems being on the rise will not say that we could be having luxurious lifestyle for all these years with this much amount because it will be consumed at one point and you need to have other reliable sources also.

If that person earns a lot of money gambling, I don't think it will affect his life much unless he can't control his lifestyle to spend all his winnings from gambling.
We know that if we could have more money, the temptation to buy many things we don't really need will come to us and whisper to us to buy them.
We can be very consumptively spending the winning money without thinking about our long future.
If we win from gambling with lots of money, we should save half of the winning money and use a quarter to build a business that can give us more money, and we can use another quarter to enjoy it.

Poker Player

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Quote from: Sirait on May 16, 2022, 12:36:08 PM

in my country (Indonesia) with that kind of money can make a person retire young and live comfortably without having to work until old. in developing countries I guarantee that almost everyone hopes to win the big lottery so that they retire quickly and don't have to work hard outside. but it's true that in developed countries, the winnings are still small.

You will know what is going on in your country but a google search doesn't match with what you are saying:

"People working in Indonesia make an average gross salary of $13,436 a year, $1,120/month, and $6.46 an hour. These numbers differ between cities, industries, and job titles."

Average Salary in Indonesia

The prize if converted to dollars would be about $200K. And if we divide it by the average salary, it is enough to live on for 15 years, not counting inflation, which would be even less. We could invest the capital to beat inflation and get an extra return, but if you plan to live off the capital, you can't invest it in risky assets, so the return can't be very high either.

I don't know if you live in a poor area within Indonesia where the average salary and cost of living is even lower but it doesn't seem to be enough for you to retire. Or is it that you had not done the math.

pakhitheboss

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Quote from: Sirait on May 16, 2022, 12:36:08 PM

Quote from: Don Pedro Dinero on May 16, 2022, 10:44:17 AM

Quote from: Boristhecat on May 15, 2022, 02:45:43 PM

By the way, what country do you live in? In most developed countries, this amount is not enough to live a lifetime without working, which is probably only possible in poor countries.

He probably lives in a developing country, but to calculate how much you need to live without working we have to take into account age and other factors. Someone who lives in a developing country, has a paid house, emancipated children and is 60 years old is not the same as someone who is 30 years old in a developed country, has not yet bought a house and has young children.

In Europe, that amount is not that much, whatever age you are, but it gives you joy.

in my country (Indonesia) with that kind of money can make a person retire young and live comfortably without having to work until old. in developing countries I guarantee that almost everyone hopes to win the big lottery so that they retire quickly and don't have to work hard outside. but it's true that in developed countries, the winnings are still small.

Yes, you can retire young with that kind of money but if you do not know how to manage that kind of money then you might loose it all quickly. I have read a few articles wherein lottery winners or gamblers after winning have lost all because of bad investment. The concept of stable life is a myth as anything can happen in these times.

worle1bm

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Quote from: Sirait on May 16, 2022, 12:36:08 PM

Quote from: Don Pedro Dinero on May 16, 2022, 10:44:17 AM

Quote from: Boristhecat on May 15, 2022, 02:45:43 PM

By the way, what country do you live in? In most developed countries, this amount is not enough to live a lifetime without working, which is probably only possible in poor countries.

He probably lives in a developing country, but to calculate how much you need to live without working we have to take into account age and other factors. Someone who lives in a developing country, has a paid house, emancipated children and is 60 years old is not the same as someone who is 30 years old in a developed country, has not yet bought a house and has young children.

In Europe, that amount is not that much, whatever age you are, but it gives you joy.

in my country (Indonesia) with that kind of money can make a person retire young and live comfortably without having to work until old. in developing countries I guarantee that almost everyone hopes to win the big lottery so that they retire quickly and don't have to work hard outside. but it's true that in developed countries, the winnings are still small.

Most of the developing and underdeveloped countries have the same situations where you could live a good life with that much amount but depending on the inflation and other problems being on the rise will not say that we could be having luxurious lifestyle for all these years with this much amount because it will be consumed at one point and you need to have other reliable sources also.

South Park

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I am terrible at Fantasy Football!!!

Quote from: goldkingcoiner on May 16, 2022, 10:16:25 AM

Quote from: Newlifebtc on May 15, 2022, 11:26:31 AM

Quote from: goldkingcoiner on May 15, 2022, 11:18:04 AM

I really doubt someone is going to give some random geezer ongoing winning tips about which sports are rigged and who is going to win. If the rich do rigging, then they are obviously going to keep it a secret, for people in their close circle or just themselves. From my perspective on the gambling world, rigging matches may be more common in sports like boxxing but if they were doing it so often and so widespread, somebody would have ratted them out already.

Rigging definitely exists but I very much doubt it happens a lot.

You are not suppose to be having a negative taught of rigging because you suppose be confidently believe that such thing happened and before it happens other people has being practicing it before now, because no place that manipulation is not working or co-existing, you don't need to doubt anything currently because everywhere is full of corruption

Thats not really the point that I was trying to make in my previous post, though. The point is that there are a lot of people involved in the gambling sports world and it would not be easy to hide the rigging from each and all of them. Its not a small boxing match where you can bribe a few people and earn yourself a bit of money. When hundreds of millions of dollars are involved you can be sure that there are also thousands of people involved.

You can't bribe them all. At least one of them would have ratted the others out. Its simple mathematical statistics.

Correct, taking into account all the money that would needed to fix the matches, the amount of people that would need to be silenced one way or another and the low amount of money that was earned then the possibility that this was somehow fixed is zero, if someone is thinking that some form of cheating took place then it would have been easier to try to tamper with the machine the prints the bet slip than to try the monumental task of trying to fix so many matches.

STT

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Some countries will be more vulnerable for that reason, the income inequality and insecurity most have means temptation surely occurs. In the west, you dont even have to play the sport to still get sponsored by various brands. Nobody in their right mind risks a whole career on being corrupt, no morals are required just common sense.

Quote

I really doubt someone is going to give some random geezer ongoing winning tips about which sports are rigged and who is going to win. If the rich do rigging,

Here's all the results for this weekend, perfectly planned out. Put 60p on it, nobody will suspect !

The perfect plan for a cartoon perhaps lol Some rigging will occur, but a perfect symphony of arranged games wont be the case. It is isolated incidents, some noticed some unknown and definitely not with the foresight given to a random punter of just pennies. If nothing else consider the large amount of money you have to throw at the players to risk losing their job, their sponsors and any self respect they may have had.

Topic: Gambler turns 60 pence bet into £157,865.59 (Read 831 times)