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My "FLAWLESS" World Cup betting Plan.

Discussion in 'BlackHat Lounge' started by toyo, May 18, 2010.

  1. toyo

    toyo BANNED BANNED

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    I had a betting plan- just wanted some feedback from you guys whether it'll work or not...

    I'm thinking of gathering around 10k-100k

    I'm planning to put my money on England or some other random team which I'm sure it WILL NOT win the world cup.

    My Modus Operandi;

    Start with 1k against England on the First Match
    England Win - I lose 1k England Lose - I win X amount depending on the odds

    Say England Wins - I lose my bet

    On England's second match, I bet 2k against England again

    England Win - I lose 2k(+1k initial) England Loses - I win X amount based on the odds

    My game plan is to continously bet on England until they get kicked out of the World Cup. Each time I lose money, I'd just double the bet amount for the next match.

    England is not going to win the World Cup.. so, the way I see, I will be making my money back in the end when they get kicked out.

    Anyone can spot any flaws in this plan?
    __________________
     
  2. OliverX

    OliverX Newbie

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    Yeah - 1966.
     
  3. HoNeYBiRD

    HoNeYBiRD Jr. VIP Jr. VIP

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  4. Stevieg

    Stevieg Registered Member

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    well 1st England can win the world cup, they are one of only maybe 5 teams who have a chance. 2nd they have an easy group so likely you will lose your first 3 bets, 3rd by the time you come to the 4th game you will have to put down a huge amount of money to make to cover losses from the first 3 bets + make profit!

    Other than that you're golden! lol

    Edit: Just thought of a 4th reason, England very often lose on penalties and most bookmakers ONLY pay on the score after 90 mins, so that will mess you up too!
     
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    Last edited: May 18, 2010
  5. toyo

    toyo BANNED BANNED

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    That's the idea of getting around 100k in capital.... If by any chance England goes to the final and loses, I'd be banking lots and lots of cash.. although there will be initially losses, but doubling the the bets means all losses are covered.

    The risk is there, but the risk is little compared to how others bet on their favourite teams or on single matches....

    England won't win the World Cup... we're not talking about betting on Brazil or something...

    If they did win, which is impossible due to their domesticated team, the unlikely occured, and sometimes we need to take some loses... shit happens, as long as no debt is involved...

    EDIT: Edit: Just thought of a 4th reason, England very often lose on penalties and most bookmakers ONLY pay on the score after 90 mins, so that will mess you up too! - this messes up the plan BIG TIME.
     
  6. tanay46

    tanay46 Registered Member

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    Don't bother doing that in the group games. Start once they reach the knockout phase.

    EDIT: heres a flaw. say your 7000 down when the knockout round comes around. You'll be betting 8000 on the other side. What if the other sides odds are 1.6 or something? You'll be making a loss either way.. This system is better applied to fixed rate games such as roulette etc.
     
    Last edited: May 18, 2010
  7. Sanitarium

    Sanitarium Regular Member

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    Worldcup history shows England is due a WC, so you'd be brave putting any big money against them. No idea when they are due though, they keep screwing themselves.
     
  8. Stevieg

    Stevieg Registered Member

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    And if they lose in the first knock out game?

    I wouldn't make this bet, i've used a lot of systems like this and in leagues they are good because you have 34-38 games to make the system work, the world cup is very short to ensure profit.

    If you want to do it, don't bet on England because other than Spain or Brazil they have a good a chance as anyone and England have an easy group, they won't lose in the first 3 for sure.

    Trust me on this one! Having a domesticated team makes no difference, Italy won the last world cup after all!
     
  9. toyo

    toyo BANNED BANNED

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    Yeah, thanks for the tip.. In that situation, it will require me to throw in more money....Fixed rate games are the key

    *runs off to the casino with 100k.
     
  10. Shishko

    Shishko Regular Member

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    Excuse me, but I think you should just sit down and reconsider as I think this is a very stupid idea. I mean if you have the capital of 100k, you obviosly don't kneed to win 1 k at the end on betting right?:S

    Also, England is one of the top favourites with a good team. If you want to start betting, don't use martin gale, just use some expert picks from various websites.

    I repeat again, don't do this as it's not bulletproof and as I said, if you have 100k from the start, then you don't kneed to risk that much to get 1k.

    Best regards
     
  11. 0zzy

    0zzy Regular Member

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    There's a maximum limit you can bet for a team, especially at the World Cups

    If you start with 5k each time, and you lose 15k means during the knockouts you should put 15k or 20k but no company will accept that bet or even if they accept ... what's gonna happen at the second knockout match , they surely wont allow a 30-40k single bet (unless you get 2-3 other matches but yet its quite difficult)
     
  12. toyo

    toyo BANNED BANNED

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    Multiple accounts, especially at different betting sites will work.. but the problem, as have been pointed out earlier, lies on the lack of fixed odds on games..
     
  13. ericsson

    ericsson Elite Member Premium Member

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    Never thought of this, havenĀ“t you!

    To be able to profit from this..

    Everytime you bet on England Wins/Loose England NEEDS To have an ODDS of over 2X Times your money...

    So 2.05 is ok.. 1.95 is bad..

    Think about that before you doing it.
     
  14. greentitanium

    greentitanium Senior Member

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    money lines!! im sure you have to figure that in also