Rasing your money by 1%

[arie1985]

What do you think on the system of placing bets on odds of 1.01 only (or something similar)? Do you think it's a good way to make profit?

If you don't understand I refer to, for instance, football games, where on the 80th minute a team is leading 2 - 0 (or by 2 goals) and you put your money on them to win. Of course you should avoid "dangerous" game such as Spanish League games etc.

[jjh]

Originally Posted by arie1985

What do you think on the system of placing bets on odds of 1.01 only (or something similar)? Do you think it's a good way to make profit?

If you don't understand I refer to, for instance, football games, where on the 80th minute a team is leading 2 - 0 (or by 2 goals) and you put your money on them to win. Of course you should avoid "dangerous" game such as Spanish League games etc.

It is something that will have an extremely good strike rate and I think you'd actually make money in the longterm.

BUT...

You would lose the odd bet, only the other day I had a winning lay at 1.01 and that person would not have been happy

Until someone does a study to say how often 1.01 shots gets turned over, if it is less than 1/100 then the 1.01 is value, but we don't know for sure so I wouldn't risk it. Plus you'd need a huge bankroll to make the 1% worthwhile.

£1,000 on each time to win £10? It would be a painstakingly slow way to make money and frustrating to hell when the 1.01 does get beat, which is probably every 1/100 so may or may not be worthwhile....

[arie1985]

Originally Posted by jjh

It is something that will have an extremely good strike rate and I think you'd actually make money in the longterm.

BUT...

You would lose the odd bet, only the other day I had a winning lay at 1.01 and that person would not have been happy

Until someone does a study to say how often 1.01 shots gets turned over, if it is less than 1/100 then the 1.01 is value, but we don't know for sure so I wouldn't risk it. Plus you'd need a huge bankroll to make the 1% worthwhile.

£1,000 on each time to win £10? It would be a painstakingly slow way to make money and frustrating to hell when the 1.01 does get beat, which is probably every 1/100 so may or may not be worthwhile....

Well, check up my blog mate (and anyone with comments about spam - f**k off ) - I've started with $50.00 and I'm trying to make a habit out of it.

If you will make $1,000 out from $50.00 trust me, you would value this money more than anything else and you wouldn't fall for any 1.01 bets.

There were a lot of bets I didn't go for but there was for instance 1.04 I went for yesterday - it depends if you have a bit knowledge in Sports but even if you don't it doesn't take more than a few hours to get it. The Internet is full of all the information you need.

Yep

[jjh]

Starting with $50, you'd win $0.50 per bet It would take about 2,000 bets to make a grand LOL.

I think you need to be laying at least £1,000 per bet and have around 5 bets per day, laying £5,000 to win £50 per day.

The idea is sound though, but my worry is how many 1.01 shots get beat, if it is 1/150 then that is value. But if it is close to 1/100 as the odds suggest, it would be pain stakingly slow and as I say, you'd need a huge bank roll.

[jjh]

BTW, nice blog

Bit of advice though, your making the worst betting mistake humanly possible!!!

Your putting everything onto the win bet, I can't stress enough the importance of level stakes betting here.

You might win 99 bets in a row and then when one loses, you lose everything because every bit of profit is going onto the next bet. One will lose sooner or later, believe me mate!

What you need to do is maybe put a bit more into your account and keep it solely level stakes.

What you're trying to do is take advantage of an almost certain outcome (obviously you know all this) but it has to be level stakes. If the 1.01 and 1.04 is value, then play it to level stakes so you don't wipe out your entire work when one does lose. And it is a case of when, not if.

[arie1985]

Originally Posted by jjh

BTW, nice blog

Bit of advice though, your making the worst betting mistake humanly possible!!!

Your putting everything onto the win bet, I can't stress enough the importance of level stakes betting here.

You might win 99 bets in a row and then when one loses, you lose everything because every bit of profit is going onto the next bet. One will lose sooner or later, believe me mate!

What you need to do is maybe put a bit more into your account and keep it solely level stakes.

What you're trying to do is take advantage of an almost certain outcome (obviously you know all this) but it has to be level stakes. If the 1.01 and 1.04 is value, then play it to level stakes so you don't wipe out your entire work when one does lose. And it is a case of when, not if.

Oh, I know, but this is my challenge here, I'm not doing this for money, I'm doing this for the fun of it - if I will lose - I'll just lose $50.00 but if not - it could be something fun, don't you think?

I'm just trying to break a record here, but trust me, if I reach a bigger amount with this I will definitely start to keep some money besides lol

Thanks btw

[jjh]

Originally Posted by arie1985

Oh, I know, but this is my challenge here, I'm not doing this for money, I'm doing this for the fun of it - if I will lose - I'll just lose $50.00 but if not - it could be something fun, don't you think?

I'm just trying to break a record here, but trust me, if I reach a bigger amount with this I will definitely start to keep some money besides lol

Thanks btw

Fair enough mate, but I'd still play level stakes because it would be a shame to waste all your hard work as your obviously patient and very selective in finding your bets

One example, my local team, I'm sure everyone thought Tranmere were done for in the 2001 FA cup- 0-3 at half time against a seemingly much better side. I'm sure a lot of people laid off Tranmere at 1/100 that night-

Tranmere Rovers 4 (Rideout 59, 71, 80; Barlow 83)
Southampton 3 (Kachloul 12, Tessem 26, Richards 45)

Still comparatively fresh in the memory is Tranmere Rovers’ 4-3 Fifth Round replay win against Southampton in 2001. Glenn Hoddle’s Saints looked to be home and dry after Kachloul, Tessem and Richards had put them 3-0 up.

Then big striker Paul Rideout, scorer of Everton’s winner in the 1995 Final, started a fight-back that sent Prenton Park fans behind the goal into raptures. Rideout notched a hat-trick and Stuart Barlow completed the scoring.

[jjh]

I don't know why that text went big LOL

[arie1985]

Originally Posted by jjh

I don't know why that text went big LOL

lol me neither..

but if you read my blog I put there that I would never bet at halftimes when it's 3 - 0 because surprises can happen

Of course if it's the 60th minute and it's still 3 - 0 you can take your chances

I for instance placed a bet on Mexico when they were 2 - 0 I think before halftime because the other team got red card and Mexico was way better than them and there was no place for surprises

If there is a place for surprises then you need to be careful

I have just found 16% banker now btw so it's not always 1%

[jjh]

Good luck anyway mate, you seem to have a solid and sensible approach to this (except the staking ), hope you can make the $1,000