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Destroy the Books! *Double your Bankroll*

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Prospect
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Posted: #701
Quote Originally Posted by doraemong:

i have a question.

what 'pk' means?


Draw no bet.
 
Prospect
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Posted: #702

'pk' mean draw?

i don't understand 'pk'

 
Prospect
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Posted: #703
Quote Originally Posted by doraemong:

'pk' mean draw?

i don't understand 'pk'



It means there's no spread.  A draw results in a cancellation with this situation.
 
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Posted: #704
Quote Originally Posted by dj_destroyer:



Record: 209-210-29
Bankroll: $8875.80
Wagered: $93435.33
Returned: $97311.13
Net: +$3875.80
ROI: +4.15%
_____________________________ ______ _____ ____ ___ __ _ _

Evian TG 'pk' [-118] 6% -532.55 to win 451.31 PUSH
Mainz 'pk' [+204] 5% -443.79 to win 905.33 
Hoffenheim 'pk' [+196] 5% -443.79 to win 869.83 
Espanyol +0.5 [+117] 4% -355.03 to win 415.39 
Blackpool +0.5 [+119] 4% -355.03 to win 422.49 
Nurnberg [+107] 3% -266.27 to win 284.91 
Livorno 'pk' [+131] 3% -266.27 to win 348.81 
Fulham 'pk' [+110] 3% -266.27 to win 292.90 PUSH
Vicenza 'pk' [+164] 2% -177.52 to win 291.13 PUSH
Le Mans 'pk' [+101] 2% -177.52 to win 179.30 

Lightning [+119] 2% -177.52 to win 211.25 
Blues [+139] 2% -177.52 to win 246.75 
Oilers [+180] 1% -88.76 to win 159.77 


"Double your Bankroll"? More like "How to lose two thousand dollars in one day"! Have you ever seen so many burning bags? I don't understand how I was so wrong. Like it's just as hard to go 1-9-3 as it is to go 9-1-3 and yet here I am on the wrong side of it. It's been a rough couple of months of stagnancy but I will continue on until I lose it all or get to 10k. Until I regain some consistency though, I suggest you tread lightly.

Record: 210-219-32
Bankroll: $6894.72
Wagered: $97163.17
Returned: $99057.89
Net: +$1894.72
ROI: +1.95%
_____________________________ ______ _____ ____ ___ __ _ _

Augsburg [-149] 8% -551.58 to win 370.19
Cesena/Roma O2 [-139] 6% -413.68 to win 297.61
Frankfurt 'pk' [-106] 4% -275.79 to win 260.18
Xanthi [+120] 4% -275.79 to win 330.95
Birmingham 'pk' [-136] 4% -275.79 to win 202.79
Asteras Tripolis/AEK O2 [-104] 4% -275.79 to win 265.18
Frankfurt/Hannover O2.5 [-121] 3% -206.84 to win 170.94

***Cagliari/Palermo DRAW [+221] 10% -689.47 to win 1523.73***

This is a special play straight from my grandfather in Italy... he has three caps for the Italian National team and has always been a huge fan of the game. He is retired now and thus has plenty of time to follow the Italian leagues religiously. He's always in the cafes shooting the shit with his friends. Him and I will talk soccer every other week but he's only ever gave me two other plays where he said the fix was in, and they both cashed easily. Well he says another fix is in the works on this game with the final result being a scoring draw (likely 1-1 or 2-2 for you scorecasters). Take it for what it's worth but after last nights debacle, I need a play like this and I hope he's right. I'm playing it for 10% but through my own capping, it'd be a max 3% play so do what you will.

Another tidbit of information, my grandfather's younger half-brother (same dad, different mom) has a son named Matteo Contini who plays for Real Zaragoza of the top Spanish league. That makes him my half-cousin once removed! I even once made a bet on Zaragoza on Proline and I remember him scoring a key goal... let me tell you, I couldn't have been more proud to don the Contini name. 
 
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Posted: #705
Found a video of the GOAL, Zaragoza ended up beating giants Sevilla 2-1. Matteo doesn't score often and it wasn't pretty but that doesn't matter to me, it made me money and made me proud!
 
Prospect
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Posted: #706
Nice goal, got just enough of it to send it into the corner.
 
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Posted: #707
Thanks grandpa ... Wasn't even close! Hopefully Xanthi pulls it out and covers the loss. 
 
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Posted: #708
Quote Originally Posted by dj_destroyer:

I never do parlays but for some reason I did one two nights ago without really capping anything... but it's turned out alright. This will by my only saving grace after this despicable day...

190957XXX-1

1              11:25pm 13-Jan-11   Parlay   7-Team Parlay.   25.00   1551.63

1.            Win  /Win   14-Jan   Soccer/Bundesliga   (Handicap)   Bayer 04 Leverkusen vs Borussia Dortmund (0 and +0.5) for Game (-127)    1 - 3

2.            Win    14-Jan   Soccer/Portuguese   (1X2)   Portimonense vs Sporting Braga for Game (-143)              0 - 3

3.            Push  14-Jan   Soccer/Serie B   (Handicap)   Siena (-1) vs Pescara for Game (-123)     2 - 1

4.            Win  /Win   15-Jan   Soccer/Segunda Liga   (Handicap)   Real Betis (-1 and -1.5) vs Alcorcon for Game (-110)                3 - 0

5.            Win    15-Jan   Soccer/French 2   (1X2)   Metz vs Laval for Game (+108)   4 - 0

6.            Push  15-Jan   Soccer/French 2   (Handicap)   Vannes FC vs Évian Thonon Gaillard FC (+0) for Game (-127)                2 - 2

7.            16-Jan-11   Soccer/Portuguese   (1X2)   Academica Coimbra vs Benfica for Game (-163) Pending



Payout is going to be more like $600 because of the pushes but I'll take it after my bad run lately!
 
Prospect
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Posts: 34
Posted: #709
Record: 210-219-32
Bankroll: $6894.72
Wagered: $97163.17
Returned: $99057.89
Net: +$1894.72
ROI: +1.95%

If you started with $5000, and your bankroll is now $6894, why is your ROI only 1.95%? It should be 37%.

You invested $5000 in what you are doing.. The gross amount wagered isn't relevant thus the ROI shouldn't be based on that.
Degens.com - No KYC Blockchain Sports Betting Exchange
 
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Posted: #710
Quote Originally Posted by dj_destroyer:



Record: 210-219-32
Bankroll: $6894.72
Wagered: $97163.17
Returned: $99057.89
Net: +$1894.72
ROI: +1.95%
_____________________________ ______ _____ ____ ___ __ _ _

Augsburg [-149] 8% -551.58 to win 370.19 
Cesena/Roma O2 [-139] 6% -413.68 to win 297.61 
Frankfurt 'pk' [-106] 4% -275.79 to win 260.18 PUSH
Xanthi [+120] 4% -275.79 to win 330.95 
Birmingham 'pk' [-136] 4% -275.79 to win 202.79 PUSH
Asteras Tripolis/AEK O2 [-104] 4% -275.79 to win 265.18 
Frankfurt/Hannover O2.5 [-121] 3% -206.84 to win 170.94 

***Cagliari/Palermo DRAW [+221] 10% -689.47 to win 1523.73*** 



Record: 213-222-34
Bankroll: $6322.09
Wagered: $100127.90
Returned: $101449.99
Net: +$1322.09
ROI: +1.32%
_____________________________ ______ _____ ____ ___ __ _ _

Canadiens [-152] 5% -316.10 to win 207.96
Coyotes [-120] 4% -252.88 to win 210.73
Hurricanes/Bruins U5.5 [-115] 4% -252.88 to win 219.90
 
Prospect
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Posted: #711
Also, I've followed your thread for a bit and you have just lost all credibility in my book-- and note that I have never posted before.

"***Cagliari/Palermo DRAW [+221] 10% -689.47 to win 1523.73***"

Classic over-betting... The fact that you even mention a 'fix' means you know nothing. The fact that you would bet 10% of your bankroll on any bet, means you know nothing. 

"I don't understand how I was so wrong. Like it's just as hard to go 1-9-3 as it is to go 9-1-3 and yet here I am on the wrong side of it. "

This shows that you are *very* new to this game. You seem surprised to have encountered a 1-9 streak... It happens and most people move on. Your response to a 1-9 streak? To bet 10% of your bankroll because of a 'tip' you received from your grandfather.

I feel ashamed for wasting my time following your thread. You had me fooled for a while, so congrats. You'll likely make a good tout nonetheless. 

 

 


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Posted: #712
1. "Credibility in your book" means nothing to me.

2. I clearly stated that my capping alone put the game at no greater than a 3% edge... but I had followed my grandfather's advice in the past and it payed off so I thought I would give it a go. No one told you to play and I clearly labeled this as a special play. Tail at your own risk, loser.

3. If you don't think fixes happen in soccer, then you know nothing because the last fix my grandfather gave me (a Chievo/Catania draw in March) cashed easily. In fact, ALL sportsbooks literally stopped taking action on the game because they knew it was fixed. There was over 2m bet on the draw and less than 10k on either side... The draw price steadily dropped from +210 all the way down to -120 but thanks to my grandfather, I got it somewhere in the +190s. 

4. I hate to say it but my grandfather is getting on in years and may becoming a bit senile. I truly think he meant to say that Chievo/Catania was the fix because low and behold, they drew again! My grandfather even called and talked about how him and his buddies knew the fix was in and he was so right blah blah blah and I just didn't have the heart to tell him that he told me it was the Cagliari game... Tough luck IMO.

5. I was simply mentioning how hard it is to go 1-9-3... by comparing it to going 9-1-3.

6. My losing lately and my grandfather's advice are totally unrelated.

7. I shouldn't be answering you because you are a coward... I have a feeling you're a regular poster that has lost some money tailing me and made up a second account to get your jabs in. Either that or you're just a lurker contributing NOTHING and simply taking. Either way, fuck off a get a life. No one asked you to come into this thread but I will certainly ask you to never come back! 
 
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Posted: #713
Quote Originally Posted by syke1911:

If you started with $5000, and your bankroll is now $6894, why is your ROI only 1.95%? It should be 37%.

You invested $5000 in what you are doing.. The gross amount wagered isn't relevant thus the ROI shouldn't be based on that.


Didn't even seen this beauty of a post... God dammit you're stupid.

ROI stands for Return On Investment. The formula for ROI is stated below:

ROI = (Gain from investment - Cost of investment)/Cost of investment

or in other words:

ROI = Profit/Cost of investment

Are you retarded? Calling me out with such senseless stupidity?
 
Prospect
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Posted: #714
I know nothing about gambling in full disclosure nor do I gamble. 

I do know that in the money management business, you would say that your system has returned 37% on your investment. In my years on Bay Street, I've never seen a trading system/mutual fund/hedge fund's performance reported the way you do.  

I just heard you mention that you 'invested' in sports, and I kindly wanted to inform you that you aren't accurately describing your performance. You are, believe it or not, under-reporting your success and my comment was meant to help you market yourself more creatively and more in line with standard practices in the investment industry. 

However, based on the tales about your great grandfather feeding you information on fixed games, it is evident that this is just a fun hobby for you. Fair enough, everyone needs a hobby. 

 



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Posted: #715
Quote Originally Posted by syke1911:

I know nothing about gambling in full disclosure nor do I gamble. 

Syke: Posted: 1/16/2011 10:12:29 PM  Classic over-betting... The fact that you even mention a 'fix' means you know nothing. The fact that you would bet 10% of your bankroll on any bet, means you know nothing.


Curious you know something is 'classic over betting', yet you know claim to know nothing about gambling.

 
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Posted: #716
I've made 8% bets before anyways... so the jump to 10% was hardly an 'overbet'. Like I said, my grandfather has called two draws correctly before this because fixes or 'mutual-draws' happen very frequently, especially in the Italian leagues. Furthermore, I honestly think his friends and him had the right game, he just relayed to it to me improperly. And at this point, I'm not trying to "creatively market" myself, I'm trying to win money for myself. The whole tout talk was at a time when I was doing extremely well, needless to say that has been placed on the back back burner.
 
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Posted: #717
Doubled my bets on Canadiens @ -140 and Coyotes @ -104.
 
MVP
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Posted: #718
GL today DJ.  What happened to that hot asian girl shaking her junk in the avatar?
 
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Posted: #719

Gotta be honest DJ, that was one amazing babe.  No diss to your artist friend, but that avatar is kinda ghost-y looking, like if Casper hit the gridiron.

What position did you play anyway?  I was a tight end through high school.  My brother played defensive end for Bishop's under the tutelage of Bruce Coulter.  Now my son is playing.  I played and coached hoops for a long time, but football is hands down the best sport I was ever involved with.  A few of us are trying to start a program at my school, but it's a major undertaking.

 
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Posted: #720
Quote Originally Posted by mickjam:

Syke: Posted: 1/16/2011 10:12:29 PM  Classic over-betting... The fact that you even mention a 'fix' means you know nothing. The fact that you would bet 10% of your bankroll on any bet, means you know nothing.


Curious you know something is 'classic over betting', yet you know claim to know nothing about gambling.


I work in risk management in the finance industry. Over-betting is a common term used and was the main reason that Long Term Capital Management blew up. For one actually has a positive expectation with their 'system', over-betting is the only way one will blow up assuming one is making kelly-optimal bets.

My comment still stands that DJ_Destroying doesn't understand the concept of ROI. He needs to realize that $5000 is his investment (The "I" in ROI), and not $100,000. 

It makes absolutely no sense to display performance based on the gross amount wagered and win/loss. The amount won/loss should only be compared to the initial investment-- $5000.




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Posted: #721
I played QB up until grade 10 but always hated it. I made the switch before grade 11 to CB, against my coaches' wishes. That picture is me playing at the Rogers Center in my senior year where we won Provincials; first team from Ottawa ever to accomplish the feat. Our school got all new equipment and jerseys the following season and we were officially labeled as a "football" school from then on. Looking back, I think I could have played college ball had I stayed at QB.

I have a friend right now who plays at Bishops, he was our #5 receiver but he always tried his hardest, hit the gym hard, and had one big game in the City Championship. Glad it worked out for him.

As for syke, that's just not how we calculate ROI in sports betting. If you buy up stock for 5k and sell for 10k, and then reinvest that 10k. The 10k should be your investment, not 5k. Yes I initially invested 5k but I've actually invested over 100k.
 
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Posted: #722
Fair enough.

There are hedge funds/limited partnerships that invest in sports betting syndicates. And they report their results as if you'd have a 37% ROI.

Point being, if you can consistently generate what the finance industry deems to be a 37% ROI per annum, you will be very wealthy. I'd suggest you consider forming some sort of limited partnership, rather than a 'tout' service or any service that caters to Covers for that matter.

My business is in alternative investments, which is why I follow covers. I'm attracted to the uncorrelated returns that can be generated, and I was more specifically attracted to your thread since you report your performance daily and don't seem to fudge the numbers. 

Anyways, I'll go back into hiding. You have clarified the fact that 'ROI' means something different in sports betting compared to the real world. 

Good luck and take care.



 
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Posted: #723

Quote Originally Posted by dj_destroyer:

 Can we keep this thread to pick related discussion please? If you want to offer some insight or advice, go ahead. You want to say whats up and let me know you're tailing, that's fine. But enough of this bullshit, it just clutters the thread. I don't care if you can't make the plays, not my problem. I post them before they start and with a line and unit, that's all you need.

Nice call friend! BOL on your endeavor!

 
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Posted: #724
kreatture (another respected member here) calculates it the same way... though he may have just got it from me.

Besides, 37% makes it sound like I'm doing well when I'm not. I'm doing horrendous. Go back to the beginning of this thread (Oct. 17th, page 4, post #83), and you'll see I invested much less but had profited about the same as my current situation. At that time, my ROI was 37% because I had spent only $3689 to make $5046 for a profit of $1356.

By your theory, the two situations are the same. By my standards, I was much better off October 17th because I only spent $3689 to make the $1356 as opposed to right now, which took me $100127 to make $1322.

Tracking performance daily/not fudging the numbers is the easy part... finding value is hard, turning that value into real returns is even harder.

Thanks for stopping by.
 
 
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Posted: #725

Just adding my 2 cents here, but you would never report your ROI based on the total amount bet over a period of time.  Your investment is 5000.  If you are now at 6000 (for example) you would be up 20% and that would be your RETURN on INVESTMENT.

If you invested 100K in with some money manager and he invested it over a years time in various stocks or what not...and he kept selling and buying, selling and buying and he did that with your 100K twenty times meaning he literally bought 2,000,000 in stocks over that years...and at the end of the year you had 200K that would be a 100% RETURN ON YOUR INVESTMENT.  He wouldnt base that on the LITERAL 2,000,000 he bought stocks with because you're still using the original $100K each time.  You're counting the same money over and over and over again.....it makes absolutely zero sense to calculate that way.

That would be like telling someone you bet 100K during the year and they're like "Where did you get 100K to bet with!?!?"......duh!  You just bet your initial investment (and any re-ups) numerous times and either lost a bit, broke even of won a bit.  But that "bit" compared to your original investment could be a high percentage.

That was long winded, but i'm just honestly stumped at that kind of ROI calculation as it applies to sports betting.

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