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Old 03-04-2006, 09:13 PM   #1 (permalink)
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Default newbie question??

question?

say you put $20 on a game, if you win do you get $40...

next say you keep wagering what you win 40,80,160,320 etc..after one game a week for 2 months you would total $5000...this is low risk/high reward considering its only $20 of your own money...would it work this way or am i missing something??

thank you
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Old 03-07-2006, 12:28 PM   #2 (permalink)
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it works if you are a psychic!!!! even the best hit only 60-65ish percent over the long haul....
by betting all you profits eventually u will go broke.
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Old 03-07-2006, 02:51 PM   #3 (permalink)
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bacardi is right. You are simply talking about parlaying your profits+your original bet. You are wrong to think this is low risk. It is very high risk to bet all your profits like bacardi points out.
To turn 20 into 5000 you need to win nine straight bets (not even taking into account juice, just to keep it simple here). The odds of winning nine straight bets are 1:512.
Good luck.
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Old 03-07-2006, 11:57 PM   #4 (permalink)
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Hey Underdog! I like yer name. That's the one I was originally going to go with before Mountainboy. Guess ya beat me to it. Good luck and Ill see ya around!!! :-)
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Old 03-08-2006, 01:20 AM   #5 (permalink)
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That would jsut be crazy. Sure you would only have $20 invested, bet without setting a certain percentage aside, you would bust on just one bet and your entire earningd would be gone like that. I think it would be terrible money management.

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Old 04-19-2006, 11:54 PM   #6 (permalink)
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play what you can afford to lose,and play tight

Last edited by thetimmer : 05-18-2006 at 12:53 AM.
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Old 04-20-2006, 10:51 PM   #7 (permalink)
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do u have to make bets on this site to be a member???
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Old 04-20-2006, 11:11 PM   #8 (permalink)
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no you dont have to bet to be a member here. Its just a place to discuss sports betting, sportsbooks or poker and pokerroom find freerolls play in them and more. You can just tell jokes or talk movies pretty much anything and everything
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