£2 to £2000 Betting Challenge

IrishIrish

I use to do this betting challenge a couple years with a group of lads on another forum and was always a bit of fun. The basic rules behind the challenge are that you:

a) Start with £2
b) Place your £2 on a bet (single or multiple) with odds as close to evens as you can
c) Continue placing your total winnings on another bet with odds as close to evens as you can

The idea is that after 10 successful bets you will have turned your original £2 in to £2000. The highest I have ever seen anyone get is £600 and then he lost it on a horse. However, I have seen several people get in to the hundreds and then take their money which you can't complain about.

So for the purpose of this thread lets see how high people can get and if people want to take all their money while they're ahead or if they want to take some of their profits that is fine too.

Another thing was that some people liked to have severel "£2" stakes going at the same time for extra interest which some of you may like to do.

To get the ball rolling this is my first bet.

Attempt 1
Selection 1 - £2 on Torres Anytime Scorer @ 1/1 (betfair)

Good luck!

Boxfresh

This will be fun. Good luck

DeadSkin

Cool.

Attempt 1:

€2 Anytime Goalscorer S Gerrard @ 7/5

Good luck

fifth

I'm in too.

€2 Anytime Goalscorer S Gerrard @ 7/5

Good luck all

therogue

im in over 2.5 goals liverpool v villa evens in pp 5 euro ( im aiming for 5k lol)

Random

Feck it .. I'll join the bandwagon of idiots

Premier League Matches Liverpool v Aston Villa
24-08-2009 20:00
Half-Time/Full-Time
Liverpool / Liverpool @ evens
Single: Liverpool / Liverpool @ evens
1 line at €2.00 per line
Total stake for this bet: €2.00
Potential returns: €4.00

PCPhoto

will jump on board.... must run up to bookies and place my bet ... will just go for torres.

DeadSkin

Random wrote: »

Feck it .. I'll join the bandwagon of idiots

Safety in numbers :pac:

Random

DeadSkin wrote: »

Safety in numbers :pac:

It was this thread or the €1m in 21 days thread. I didn't wanna be too greedy you see

mike65

I'll have a go, but not tonight (headache)

I've done two.

Gerrard anytime €2
Torres anytime €2

Cue a nil-nil draw !!

Good luck all.

soundsham

rarnes1 wrote: »

I've done two.

Gerrard anytime €2
Torres anytime €2

Cue a nil-nil draw !!

Good luck all.

money back from p.p.if you did it there for 0-0 how bad;)

I'm in liverpool to win bir €2 @ 2.12 placed 1 minute and lucas scores o.g. for av....... lol

Random

Pool are 1-0 down. We're all gonna crash and burn on the first bet

PCPhoto

its 2-0 at half-time .... liverpool 9/2 to win with PP

IrishIrish

IrishIrish wrote: »

Attempt 1
Selection 1 - £2 on Torres Anytime Scorer @ 1/1 Wins £4 (betfair)

Good luck!

Got there eventually!

Random

Happy some of you pulled it off anyway. I need a frickin miracle. 3-1 down now.

fifth

Well from what I hear Liverpool lost 1-3.. Bad start for me so far. I won't give up yet though!

Four-Too

One has to be very selective in their bets, it's very hard to accomplish...many odds-on shots are beat. Try to get evens shots that are value, that would end up odds-on at the off. It might be demoralising if your beat by a sh/hd after getting up to 400.
GL

Whyno

Goin to give this a lash from tomorro on. Goin to start with 10 euries instead of 2. Should be a laugh

Random

Whyno wrote: »

Goin to give this a lash from tomorro on. Goin to start with 10 euries instead of 2. Should be a laugh

Well pick your bet wisely or you'll be sat here with me out of money and the "laugh" is pretty much over

Whyno

Random wrote: »

Well pick your bet wisely or you'll be sat here with me out of money and the "laugh" is pretty much over

But we will all have fun tellin our hard luck stories anyway

mike65

Stay away from footie if you want to stand a chance with this challange. The odds of "nailed on" winners are too short, typically 1.3. While doubling two such bets up merely doubles your chance of failure.

I'd get looking at the nags, in particular the Placed horse market on PP, there should be a few decent chances every day to place a horse at 2/1.

fifth

Wait til Rugby season returns.. and I'll give ya loads of tips. I made quite a bit last year. Soccer on the other hand so far has been dire.

Chonaic

I saw a thread on another forum, with a system a little similar to this. Although it had elements of martingale.

The guy used stakes of x, 2x, 4x, 6x, 8x, 12.5x so total possible loss of 33.5 points. He started with €10, so his stakes were predetermined as: €10, €20, €40, €60, €80, €125 (max loss: 335.00).

He would have his first €10 on a bet between 8/11 and 5/4. If it lost the next bet would be €20. If the second bet won he would add the winnings to his account, and revert back to €10 for the next bet.

e.g. bet 1 - €10 @ Evens lost; -10
bet 2 - €20 @ 10/11; wins 18.18 - 10, so 8.18 added to bank.
next bet is bet 1 again - €10 @ 4/5 etc.

At one stage he had 108 bets, with only 59 winning (54% SR), but was 600+ in profit.

Im going to give this a go here if thats ok?

cson

No.

You eat when we say you eat. You piss when we say you piss. And you post your betting strategies when we say you post your betting strategies.

Nah, knock yourself out kiddo







Anybody who has seen the Shawshank will get the reference

therogue

ok 10 euro up next bet i mean next investment leeds evens in pp to beat watford.

mickos

Right I'm gonna give this a go for the laugh.
Attempt 1:
Middlesborough to win at Forest €2 @ 5/4

fonda

Might as well chance it!

Blackburn Gillingham
Kalinic anytime @ 7/5

bigbadben

Put €5 on over 3.5 goals in the Atletico game tonight @2.9.

Chonaic

Starting with 2 euro as unit stake, so total possible loss of 67.00 (2+4+8+12+16+25).

Bet 1 of 7:

Sedge 2:15 - fav €2 win


Bets: 1
Wins: 0
Loses: 0
SR: 0%
Balance: 65.00
P&L: +0.00
LSP: +0.00

nouveau_4.0

Chonaic wrote: »

I saw a thread on another forum, with a system a little similar to this. Although it had elements of martingale.

The guy used stakes of x, 2x, 4x, 6x, 8x, 12.5x so total possible loss of 33.5 points. He started with €10, so his stakes were predetermined as: €10, €20, €40, €60, €80, €125 (max loss: 335.00).

He would have his first €10 on a bet between 8/11 and 5/4. If it lost the next bet would be €20. If the second bet won he would add the winnings to his account, and revert back to €10 for the next bet.

e.g. bet 1 - €10 @ Evens lost; -10
bet 2 - €20 @ 10/11; wins 18.18 - 10, so 8.18 added to bank.
next bet is bet 1 again - €10 @ 4/5 etc.

At one stage he had 108 bets, with only 59 winning (54% SR), but was 600+ in profit.

Im going to give this a go here if thats ok?

Why not just put it on black on a roulette table, win percent around 49% (not far from 54% your friend had) and you get your "winnings" alot quicker.

Also what happens if he loses six bets in a row? Goes bust or keeps gambling. Martingale system always ends up with the same result - bust!

nouveau_4.0

Chonaic wrote: »

Starting with 2 euro as unit stake, so total possible loss of 67.00 (2+4+8+12+16+25).

Bet 1 of 7:

Sedge 2:15 - fav €2 win


Bets: 1
Wins: 0
Loses: 0
SR: 0%
Balance: 65.00
P&L: +0.00
LSP: +0.00

Also you realise, if you win your 4th, 5th or 6th bet your actually losing money on that run of bets?

How did you choose the sums 12, 16 and 25, if you dont mind me asking?

Chonaic

nouveau_4.0 wrote: »

Why not just put it on black on a roulette table, win percent around 49% (not far from 54% your friend had) and you get your "winnings" alot quicker.

I cannot affect the roulette wheel; there are loads of factors in sports betting. I realise the first bet is a horse, but that is because i fancy it.

Also what happens if he loses six bets in a row? Goes bust or keeps gambling.

You'd have to ask the lad, I cant answer that. For me its 67 euro and thats it.

Martingale system always ends up with the same result - bust!

Yes it does, but this is not a pure martingale. The lad done it as far as i can see on the premise of hitting a winner in the first 3 bets, if he didnt then the aim switched to limiting losses, then starting again to get 1 in 3. As at the prices he was using he should have been able to get 1 in 3 more often than not.

Also you realise, if you win your 4th, 5th or 6th bet your actually losing money on that run of bets?

Its about limiting losses at these stages.

How did you choose the sums 12, 16 and 25, if you dont mind me asking?

Purely cogged from the guy, stakes are x, 2x, 4x, 6x, 8x, 12.5x .


I dont want to clog up the thread anymore for people reading and posting, and not only my bets.

IrishIrish

Attempt 1
Selection 1 - £2 on Torres Anytime Scorer @ 1/1 Won £4
Selection 2 - £4 on Portsmouth -1.5 (vs Hereford) @ 11/10

fifth

Atletico -1.0 @ evens €2

So far i'm -€2 because Gerrard didn't last night..

IrishIrish

funkyflea wrote: »

Atletico -1.0 @ evens €2

So far i'm -€2 because Gerrard didn't last night..

I was looking at that bet myself and I might start a second £2 on it. I'll see after team news.

If people could follow a similar template to the one I used it may help people who are tracking the thread to be able to understand how everyone is going a little easier.

Attempt Number
First bet
Second Bet
Etc etc

Good luck with your bet!

PCPhoto

IrishIrish wrote: »

Attempt 1
Selection 1 - £2 on Torres Anytime Scorer @ 1/1 Won £4
Selection 2 - £4 on Portsmouth -1.5 (vs Hereford) @ 11/10

pompey without David James !!

could be a draw...although I would predict 2-0 pompey win

Chonaic

Bets: 1
Wins: 0
Loses: 1
SR: 0%
Balance: 65.00
P&L: -2.00
LSP: -1.00

Bet 2 of 6:

4.00 on Sheff Wed @ 4/5 (v Port Vale away)

fifth

Selection 1 S Gerrard Anytime Scorer 7/5 €2 LOST
Selection 2 Atletico -1.0, €2 @ evens PENDING

syngindub

might be an idea to keep a centralised spreadsheet for all this..what ye think?

syngindub

Attempt 1
Selection 1 Atletico -1.0, €2 @ evens PENDING

fifth

We could do a google document where we can edit it and keep track? Or just keep posting periodically our results on thread.

IrishIrish

Seems to be the bet that everyone is going for and was thinking about it myself so have decided to start up a second line.


Attempt 1
Selection 1 - £2 on Torres Anytime Scorer @ 1/1 Won £4
Selection 2 - £4 on Portsmouth -1.5 (vs Hereford) @ 11/10 Pending

Attempt 2
Selection 1 - £2 on Atletico Madrid - 1.5 @ 1/1 Pending

Good Luck.

syngindub

maybe for the benefit of those not using the spreadsheet it might be easier to just keep updating the thread. I don't mind. can't see many people getting to far on this though, espessially with my luck in betting anyway

fifth

Selection 1 S Gerrard Anytime Scorer 7/5 €2 LOST
Selection 2 Atletico -1.0, €2 @ evens PENDING

Cos I feel bad about losing my €2 last night, I've another bet (hope it's not breaking rules).. I know, chasing losses etc..lol
Portsmouth v Hereford
Portsmouth (-1.0) @ evens €2

syngindub

i've a treble on tonight also as a side bet
Bolton, West Ham and Birmingham

IrishIrish

Nice start 1-0 Atletico after 3 mins.

Leixlip_Red

I am going to give this a bash too.... should be a laugh. original stake is €5

Bet 1; FC Zurich & Athletico Madrid double. 2.01 on Betfair.

hurleronditch

attempt 1
Bet 1 - Boro to beat Forest @ 2.16 - €2

IrishIrish

Portsmouth 2-0 up already too so looking good so far.

fifth

Where are you getting updates for this?

So far my bets are coming in, c'mon let's have two winners tonight! (albeit small ones)