50 A Day System

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threedogs
Posts: 79
Joined: Mon Jan 20, 2014 10:24 am

I agree with all that is said about the system of laying favourites with martingale staking plan however I cant believe we are missing the obvious and without giving the game away I will just say think about what the majority of people do and think the opposite .. I make a good profit along these lines and it is so simple and there is no danger so think NOT 2.4.8.16.32.64.128.256.etc more 2.4.6.8.10.12.14.16.18.20.etc no problems you will see it now I should think ....
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LeTiss
Posts: 5386
Joined: Fri May 08, 2009 6:04 pm

There should be a swear filter on this site for Martingale
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Euler
Posts: 24702
Joined: Wed Nov 10, 2010 1:39 pm
Location: Bet Angel HQ

LeTiss wrote:
Mon Sep 11, 2017 2:13 pm
There should be a swear filter on this site for Martingale
You sure? Wouldn't it just double every post?
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LeTiss
Posts: 5386
Joined: Fri May 08, 2009 6:04 pm

Euler wrote:
Mon Sep 11, 2017 4:07 pm
LeTiss wrote:
Mon Sep 11, 2017 2:13 pm
There should be a swear filter on this site for Martingale
You sure? Wouldn't it just double every post?
Haha, very good

You're on form today PW :lol:
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Derek27
Posts: 23477
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

There are two laws of probability that govern any loss recovering staking plan, such as the Martingale.

1) If you place bets that have a lesser chance of winning than the odds imply, you are guaranteed to lose long term.

2) Obviously, the more you bet, the more you lose!

Increasing stakes to recover losses usually makes a profit in the short term, but this only hides the folly of carrying out the system to its disastrous end.

Mathematically, if you're trying to double your bank on the roulette table, you actually have a much better chance of success by placing the lot on red or black and hoping for the best (not that I'm recommending it), than using the old Martingale system.
threedogs
Posts: 79
Joined: Mon Jan 20, 2014 10:24 am

Euler the way I make my money is backing favbourites in play or back what becomes the favourite in play and i get it right more often than not however what I mean is if i lose the stake say £10 then i back in the next race £20 which is the stake plus the stake I lost and if that loses then I back the next race at £30 which is the £10 stake plus the £20 I have lost before ....you see the difference ??
Its NOT 10 20 40 80n 160 320
It is 10 20 30 40 50
a VAST difference and its because we are backing and not laying
plus we are not restricted to the layers 100% profir on eack bet
we can hit the button at 2 or 2.5 or 3.3
and if challenged late by another horse you can back that and either negate a loss or win a smaller profit
I can say that for an example it is quite easy doing this to make 50% of your bank a week on a regulkar basis
ie bank of £2000 makes £1000 per week ...nice money and of course thats only a reletavely small bank
I hope this helps
spreadbetting
Posts: 3140
Joined: Sun Jan 31, 2010 8:06 pm

Maybe you could post up some screenshots of your winnings threedogs to make it all a bit clearer to see the win/loss expectations
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ShaunWhite
Posts: 9731
Joined: Sat Sep 03, 2016 3:42 am

threedogs wrote:
Wed Nov 08, 2017 11:39 am
Euler the way I make my money is backing favbourites in play or back what becomes the favourite in play and i get it right more often than not
This is just basic gambling, unless you're obtaining value, this is doomed to fail.
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Derek27
Posts: 23477
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

threedogs wrote:
Wed Nov 08, 2017 11:39 am
Euler the way I make my money is backing favbourites in play or back what becomes the favourite in play and i get it right more often than not however what I mean is if i lose the stake say £10 then i back in the next race £20 which is the stake plus the stake I lost and if that loses then I back the next race at £30 which is the £10 stake plus the £20 I have lost before ....you see the difference ??
Its NOT 10 20 40 80n 160 320
It is 10 20 30 40 50
a VAST difference and its because we are backing and not laying
plus we are not restricted to the layers 100% profir on eack bet
we can hit the button at 2 or 2.5 or 3.3
and if challenged late by another horse you can back that and either negate a loss or win a smaller profit
I can say that for an example it is quite easy doing this to make 50% of your bank a week on a regulkar basis
ie bank of £2000 makes £1000 per week ...nice money and of course thats only a reletavely small bank
I hope this helps
It's basically a scaled down variant of the Martingale - it is still increasing stakes to recover losses and no other reason. Whether your previous bet wins or loses it should have no bearing on your next bet. You would probably do just a well by picking a random stake between 10 and 50 !
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ShaunWhite
Posts: 9731
Joined: Sat Sep 03, 2016 3:42 am

threedogs wrote:
Mon Sep 11, 2017 1:58 pm
I agree with all that is said about the system of laying favourites with martingale staking plan however I cant believe we are missing the obvious
The top 10 guys on here must have over 100yrs trading experience between them, I promise you that they do not miss the obvious. If you think you've found something new then I'm afraid you're deluding yourself.

You really need to focus on trading rather than looking for a magic betting system. The way to a guarenteed profit is to spend as long learning something difficult as you do looking for something easy.
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Crazyskier
Posts: 1157
Joined: Sat Feb 06, 2016 6:36 pm

LeTiss wrote:
Fri Oct 02, 2015 1:15 pm
Any system (either gambling or trading) which involves chasing a losing bet needs to be avoided.

The biggest reason why people fail at this game, is overcoming the emotional obstacle of accepting a loss
How absolutely accurate this is! I know - I learned the hard way!

CS
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Rstrach
Posts: 103
Joined: Thu Jan 19, 2017 12:33 pm

Crazyskier wrote:
Wed Nov 08, 2017 6:07 pm
LeTiss wrote:
Fri Oct 02, 2015 1:15 pm
Any system (either gambling or trading) which involves chasing a losing bet needs to be avoided.

The biggest reason why people fail at this game, is overcoming the emotional obstacle of accepting a loss
How absolutely accurate this is! I know - I learned the hard way!

CS
Ditt-doh :oops:
trader44
Posts: 236
Joined: Wed Oct 29, 2014 1:28 pm

" However, if you were thinking of £50 a Trade, you would have made £1250 today."
please sign me up for this right now. Thats £8,750 a week £35,000 a month and over £3000,000 a year . wow and thats just laying at evens and using a loss recovery . peter webb cancel all your seminars they arent needed . we have found the golden egg, yeeha las vegas here we come :D
neld0r
Posts: 22
Joined: Wed Mar 16, 2016 10:45 pm

i tried this system with a 100 bank on football trading and it went as high as 450+ but then i had like 5 or 6 losses in a row and my bank went down to 60 and i stopped lol.

nice in theory but the recovery is scary. if you lose 30 one game, next bet you would stake 60 and so on so you can imagine how quickly the losses add up.
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Euler
Posts: 24702
Joined: Wed Nov 10, 2010 1:39 pm
Location: Bet Angel HQ

Loss recovery systems, just don't work. Avoid any system that using any form of loss recovery. Gambling commission guidelines ban the use or recommendation of loss recovery systems, so we deliberately don't put it in the product or advocate them.
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