£10 into 10k - NEW CHALLENGE STARTS JUNE 2011

[AllGone]

Week 3 13/06/11-19/03/11


Attempt 1

Bet 1 - FK Haugesund v Viking-FK Haugesund@1.83-WON - Winnings £18.33

Bet 2 - Ukraine U21 v England U21- England U21 (of course) @ 1.80-LOSE


Attempt 2

Bet 1- Switzerland U21 v Iceland U21-Switzerland U21@2.0-WON-Winnings £20

Bet 2 - Denmark U21 v Belarus U21- Denmark U21 @ 1.67 - WIN- Winnings £30.21

Bet 3 - IR Reykjavik v Leiknir Reykjavik - IR Reykjavik @ 1.91 = WON- Winnings £58.32

Bet 4 - Mordovia Saransk v Torpedo Moscow - Mordovia Saransk @ 1.80 = WON - Winnings £104.98

Bet 5 - Germany U17 v Ecuador U17-Germany U17 @ 1.44 = WON- Winnings £151.17


I've emptied my accounts so will place bet 6 once I return from travelling.

Cheers

[Shark]

This idea is madness. When you finally have 8 or so winners in a row, are you really prepared to put £4000 or £5000 on an evens shot?!

I know you only lose £10 net if it lost, but this seems like a good way to screw your mental state.

[Sticky]

but this seems like a good way to screw your mental state.

is it really worse than having god knows how much tied in US facing books whilst the DOJ got to town on them? besides... doesnt look like anyone is going to get those dizzy heights anytime soon

[AllGone]

This idea is madness. When you finally have 8 or so winners in a row, are you really prepared to put £4000 or £5000 on an evens shot?!

I know you only lose £10 net if it lost, but this seems like a good way to screw your mental state.

It’s just a bit of fun and you’re not really risking £4000-£5000 at those bets, just £10, it’s not like I would have that money if I didn't do this. Maybe it will screw my mental state; if it does, I'll stop.

And if you started looking for value bets, then what's the difference to people who mug instead of matching? True, I'm not looking for value, but still the same issue with affecting your mental state.

As long as it doesn't eat into my monthly profits it should be fine, with the (small) chance of winning big, but a big chance of losing small. To be honest I've lost semi-large amounts before at gambling, so kind of used to it, but talk is cheap so we will see.

[cleaner]

When you bet £4000 you bet £4000 not a tenner. Period.
There is no different perspections, it's not the matter of perception, it is not open for interpretation or whatever.
You fill in the bet coupon and if the stake is £4000 how can it be seen as £10?
You have £4k available, not a tenner. If you want a tenner then withdraw £3990.
This is madness (not a game itself as it is in fact sort of accumulator, but looking for rationale to ease your minds).
You can as well do a bonus bagging for a month and put the whole profit (say £1k) on a single bet. Then if it lose you can say, oh c'mon, it was bookies money, I lost nothing... (madness for me).
You know the story (fictious) about the guy who turned $5 into million and then lose it all in one night in Vegas by betting all the time on number 18? When he went back to the hotel he told his wife he lost only a fiver. It is classed as one of gambler's phallacies.

But good luck to you guys.
Hope you will make it

[Something4Nothing]

A work colleague and I were talking about virtually the same thing, but I added a proviso...

Start with £10, go for odds sorta 1.8-2.0ish, but if you win, you put 1/3rd of your winnings to 1 side
The remaining 2/3rds you put on bet 2
Rinse, repeat...

The returns are nowhere near as high as doing the lot, but my option adds a contingency where, if you at least manage to get past bet 2, you can retry for free out of the 1/3rd you put aside

Fire up Excel and run a quick sheet off - after 10 bets you're upto £512.73, after 15 you're upto £2,224.93, and after 20 you're upto £9,440.11

Needless to say you're highly unlikely to hit 10, let alone 15 or 20, but hey, with that contingency fund, you just retry!

The game is to see how high in bet numbers you can get, not the winnings - I reckon I can get higher than my colleague...

(But, if you're interested in money things.... if you manage to get to 25, your cumulative profit from winnings + 1/3rd(s) is £39,844.91)

[AllGone]

A work colleague and I were talking about virtually the same thing, but I added a proviso...

Start with £10, go for odds sorta 1.8-2.0ish, but if you win, you put 1/3rd of your winnings to 1 side
The remaining 2/3rds you put on bet 2
Rinse, repeat...

The returns are nowhere near as high as doing the lot, but my option adds a contingency where, if you at least manage to get past bet 2, you can retry for free out of the 1/3rd you put aside

Fire up Excel and run a quick sheet off - after 10 bets you're upto £512.73, after 15 you're upto £2,224.93, and after 20 you're upto £9,440.11

Needless to say you're highly unlikely to hit 10, let alone 15 or 20, but hey, with that contingency fund, you just retry!

The game is to see how high in bet numbers you can get, not the winnings - I reckon I can get higher than my colleague...

(But, if you're interested in money things.... if you manage to get to 25, your cumulative profit from winnings + 1/3rd(s) is £39,844.91)

I quite like this idea, starting from next week attempt one will do my original method and then attempt two will try yours, until I decide to stop this crazy plan Thanks

[AllGone]

When you bet £4000 you bet £4000 not a tenner. Period.
There is no different perspections, it's not the matter of perception, it is not open for interpretation or whatever.
You fill in the bet coupon and if the stake is £4000 how can it be seen as £10?
You have £4k available, not a tenner. If you want a tenner then withdraw £3990.
This is madness (not a game itself as it is in fact sort of accumulator, but looking for rationale to ease your minds).
You can as well do a bonus bagging for a month and put the whole profit (say £1k) on a single bet. Then if it lose you can say, oh c'mon, it was bookies money, I lost nothing... (madness for me).
You know the story (fictious) about the guy who turned $5 into million and then lose it all in one night in Vegas by betting all the time on number 18? When he went back to the hotel he told his wife he lost only a fiver. It is classed as one of gambler's phallacies.

But good luck to you guys.
Hope you will make it

I disagree with some of your points. For a start I meant your net loss would be £10; not that £4k is not being risked.

The £4k is real and used to bet with, but how you got it is through spin ups or straight gambling £10 of your own money. In my view this means by the time you get to 4k you have just gambled winnings, which makes betting 4k of winnings completely different to betting a) 4k from your bank account and b) your monthly APing profits; because both of them are likely to be earnt not won.

So, there are different perspectives PERIOD. It annoys me when people put that to say like that’s it end of argument I’m right, don’t want to hear the other side’s view; very arrogant imo.

Anyway each to their own, what I choose to do with my money is up to me and in my view I'm ok with doing this, others clearly aren’t and that's ok they don't have to do it.

[Ronaldo]

I like this theory - but 10 in a row with odds of evens may be pretty tough!

Just been playing around with my calculator for a few combos too:

Draws in football are generally around 3.4 so that would take 6 straight draws to get to £15448.04 which is pretty darn unlikely!

1.5s are more likely to come in, but that would take 17 straight winners to get to £9852.61.

I might try the £10 to £1k challenge when the new football season starts and keep you posted But I'll defo be following yours in the meantime, best of luck AllGone!