Topic: invest in my gambling - page 4. (Read 3433 times)

No one can guarantee profit.

Relying only on luck in games like poker where there are good and bad strategies is stupid. If you are good at poker, you are more likely to win. Investing in a good poker player is not the stupidest idea in the world. Still unsure if this a good investment or not.

Newbie member asking for investment to gamble and give fixed return, sounds really fishy. Nobody gonna trust you bro, you should atleast provide detail about your plan or atleast your past work detail on OP.

However truth is nobody even big gambler can't gaurantee profit on gambling, it totally depends upon luck and not upon strategy. I will suggest everybody not to make follish move and give him bitcoin in a hope of return. Be careful guys.

Doing it with dice is stupid because you can't beat dice.

Doing it in poker can make sense in some situations because some people can win at poker.

Whether or not doing it in this particular situation is still up for debate.

I can come up with reasons why someone who is good at poker needs money from someone else to get into a big cash game or a big tournament. Why someone would need this method for the microstakes requires an explanation that hasn't been provided yet.

It's very difficult to beat sports betting; the markets are too efficient for practically everyone to overcome the vig.  Lots of people who pretend they can beat it though.  The best way to make money off sports is to book the bets.

I am pretty sure you will not find many people willing to invest in you, I have been showing this forum consisent wins 35 wins and 14 losses out of 49 games(sports book average odd 1.55), yet they don't think I am good tipster for them, so good luck finding someone willing to invest in you.

THis is not new , Many people have tried to do this before , I have seen a person who shared some dice stats and asked people to invest in it , HE said he will give back 30% per hour , DOnt believe in all this .  dont fall to this .

If you are investing in gambling than you have to be lucky to have some profit with gambling because the chance is small to win in gambling it is namely risky for everyone.
Gambling is is only made for fun and some people think that you can be rich with gambling.

here you can see some video of my play

https://www.youtube.com/watch?v=PkzPdt_cm2U

yes true, at least as you CarlesPuyol made a thread about the prediction, so I believe if you really are a professional gambler with transparent results.

yah I hadn't given much thought to that, but it might pose some issues especially since I have never used bitcoin. But I'm definitely open to the idea of playing on a bitcoin supported site.  As a libertarian I'm pro bit coin.  One thing we could try too, just to limit the risk on the part of the investor, is they could invest just 1 or 2 buy ins for the lowest stake on a bitcoin site.  This would probably be an investment of as little as $1 or $2 USD.  Of course you wouldn't expect to make much from this investment, and I probably wouldn't be able to devote more than half an hour a day to it, but it is an idea anyway. Actually it could be a nice challenge to see how much bitcoin I could run up from such a small amount.

From what I know pokerstars is not accepting bitcoin as payment. So you expect someone send you money via bitcoin tranfer, you will exchange it to FIAT and then play on pokerstars with it.
Then if you win you will convert it back to BTC and send it back? Couldn't you try to play on bitcoin accepting poker sites?

I think you need to prove yourself first that you are good in gambling. The best thing you can do right now is sell your picks  through sports betting. If you can share your picks in a daily basis for free that would be better so you can build your reputation. It is really hard to trust people these days because scammers are all around this forum just watching us.Good luck

$75-$100 if 1000 members here joined you and you just disappear in no time what will happen? we lose right away right? if you really wanted us to believed you prove yourself mate. if you really can make our money wins might be
better to bet with you after proving yourself.

Where did the 3k you won with your backer go?

Poker staking is a better idea than lots of the other horseshit I've seen on this forum, but I really would question someone who isn't able to stake themselves for a game this small.

First I'd just like to thank everyone for participating so far, this has been a fun and I think beneficial discussion.  There are two things I would like to address at this time.  The first is the question of edge, advantage and skill in poker and the second is the topic of variance and reasonable expectations with regards to short and long term results.  First, edge.  Edge can be defined as the advantage one gambler enjoys over another. You may have heard the term 'House Edge' with refers to the advantage the house holds in a particular table game (.5% for blackjack, 1% for the pass bet in caps, 5.5% for most bets in America Roulette). The essence of being a winning gambler is making positive expectation bets (and of course the corollary to this, avoiding any negative expectation bets).  Hence forth I will refer to expectation (more exactly, expected value) as EV. The EV of most wagers can be determined either through mathematical analysis or brute force simulation. This is not really the case with poker, which has a tremendous amount of variables, and a rich and detailed strategic depth matched only by the most complicated games (if indeed it even is).  Most of poker's complexity lies in the fact that it is a game of incomplete information.

My play is fundamentally adaptive.  I don't really have a 'style' or strategy.  What I aim to do is to understand my opponents and to exploit their weaknesses.  For example some players are incredibly passive.  They are loathe to bet or raise.  Instead they prefer to call or fold.  This is a very easy style to beat, since you can take free showdowns at will and punish them with your strong hands and strong draws.  Unfortunately it's tough to get a nice heads up game against a loose passive player, but if you are vigilant you will find some of these and they are basically free money. Other players compulsively bluff, and then of course you should take some lines check call lines to induce when it is reasonable. Adapting to your opponent's play is important.  So is focusing on what is going on at the table (only play 1 table, and make sure you are in a room without any distractions when you play, never browse or anything like that, always focus on what is going on and what your opponents are doing).

So as to expectations.  I think a fairly reasonable expectation is that I will win at a rate of say 13 big blinds per hour.  So playing at $10 PLO with a bankroll of $250 that would be $1.3 / hr.  But there would be fluctuations, where winning or losing $10-$30 in one day is very common, and where winning or losing $50-$100 in one day is less common but possible.  But in the long run we would expect to win roughly $1.3 / hr at PLO 10 and $3.25 / hr at PLO 25.  And I'm basing these estimates on the > 100k hands played at these limits within the last 6 months.

This is like investing in a stock.  On a day to day basis it can increase or decrease in value, but by implementing a move down upon losing plan you can keep the actual ROR (Risk of Ruin, chance of busting) to a fraction of 1%.

I am planning to play specifically micro to low stakes pot limit omaha cash games on Pokerstars.  These are games with a buy in between $10 and $100.  My edge comes from a number of things.  I game select religiously.  By choosing to play only against people who are 'bad' at poker I can win at a higher rate than someone who is not selective about their games. My software tracks how much money people lose, and I use that to determine where I should be playing, or not playing. I spent my entire adult life studying poker in all it's forums; my opponents are just trying to blow off some steam or relax after they are out of work.

I am a Math Major and i grad from one of the world top 10 university. I know how to calculate the odds of winning at any one point of time so winning more than half of the time in poker etc is reasonable for me.

So what games are you planning to play and how are you going to ensure that you will end up winning most of the time?

tred : poker, I don't know anything about handicapping sports.

So if you always win why are you begging ?

have to say you are super lucky to be able to still play on stars,, great site