Is this guaranteed money?

Question

Ive been sports betting for about the past 6 months and have been doing alright, making a little money, not too much. An idea came to mind and I was wondering if others have tried it out...basically my idea was that if i place a wager, for example, of $5 and I lose the bet, then the next time, I make a wager of $10 with the intention of covering the $5 that I lost on the first bet and making a $5 profit total. So basically my idea is that if you a lose a bet, you increase the amount so the next bet with yield a total profit. I would have to win a bet eventually, so in the end its pretty much a guaranteed profit as long as I have enough money in case i go on a losing streak and the bets become larger. It may not make huge amounts of money, but isnt it a safe way to make money in the long run as long as your committed to the idea?

omairsyed · Answer

Ive been sports betting for about the past 6 months and have been doing alright, making a little money, not too much. An idea came to mind and I was wondering if others have tried it out...basically my idea was that if i place a wager, for example, of $5 and I lose the bet, then the next time, I make a wager of $10 with the intention of covering the $5 that I lost on the first bet and making a $5 profit total. So basically my idea is that if you a lose a bet, you increase the amount so the next bet with yield a total profit. I would have to win a bet eventually, so in the end its pretty much a guaranteed profit as long as I have enough money in case i go on a losing streak and the bets become larger. It may not make huge amounts of money, but isnt it a safe way to make money in the long run as long as your committed to the idea?

cyberclone · Answer

That works until you hit the betting limit or run out of money.  Then it is a BIG LOSS!!

tatehill2000 · Answer

you need to try it and see how far it gets you.

there are many on this board that are trying to do it with varied success,

continue to post your plays and your betting amounts, this hread will create alot of chatter,
tater

Lippsman · Answer

No, it will break you.  Sometime or another you will lose 6, 8, 10 wagers in a row.  Do you really want to end up wagering thousands of dollars just to win $100 ?&#xD;&#xA; &#xD;&#xA;Just cap the games and make your best picks every night.

andy88c · Answer

labouchere method sounds like something you might be interested in.

chicano1 · Answer

If you want some very useful information look up Frank Belanger the Bookie Buster he has an ebook full of great ideas..............If you just want to follow A SYSTEM no need to study much and win over 100 series a year look up John Morrison Mr SPORTSBETTINGCHAMP his chase system has an unbelieveable win rate................................

chicano1 · Answer

Goto the bookie buster thread here someone just posted a link to the ebook.........FREE

GameBoy7o2 · Answer

Hes using the Martingale Betting System, Martingale system is pretty expensive if the system goes cold. be careful when using that.

chicano1 · Answer

BUTA person could use the John Morrison picks while using the LABOUCHERE SYSTEM of money mgnt and BAAAAAAAAAAAMnow youve got something.....................GOOD LUCK !!!!!!!!!!!!!!!!!!

STAXXX · Answer

[Quote: Originally Posted by chicano1] BUT&#xD;&#xA;&#xD;&#xA;A person could use the John Morrison picks while using the LABOUCHERE SYSTEM of money mgnt and BAAAAAAAAAAAM&#xD;&#xA;now youve got something.....................&#xD;&#xA;&#xD;&#xA;GOOD LUCK !!!!!!!!!!!!!!!!!!&#xD;&#xA;[/Quote]&#xD;&#xA;AGREED!!!!!!!!!!

Tomspeople · Answer

I haven&#x27;t even read the thread, but unless you&#x27;re asking about sure bets than the answer is no.

Is this guaranteed money?

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