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What would you do if this was you? 5k profit from 20k bankroll

Started by Le_Chiffre, Jan 19, 09:36 AM 2013

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Le_Chiffre

ok so i have a 'friend'  ;) that needs to make 5k to make up some losses and has a bankroll of 20k to try and do this. 

It needs to be done over the space of a month, so that's about 180 per day.

Just wondering what approach/play/system any of you people would chose to do this if it was you.  Obviously nothing can be guaranteed but there must be systems out there that a player would have to be very unlucky not to be able to make 180 per day from a 20k bankroll.

Any suggestions are welcome.

iggiv

to play absolutely different systems with small win goals/stop loss. But absolutely not relying on betting on cold with martingale progressions. To try to use flat bets. never take to casinos all the money.

look at what Proofreader does. He testes different systems in his section. So watch and ask him what he thinks.

iggiv

i would recommend 2 books u can get online, by Brett Morton and Lee Tutor, they will give u general understanding of the tactics, money management and other things u can use.

Le_Chiffre


TwoCatSam

needs........He "needs" to make five biggies.

I have not been up the mountain and I don't have the stone tablets, but in my lil' ol' opinion if you need money, the worst--absolute worst--place in Earth you could be is a casino.

Well, I didn't address the question at all, did I. 

If he must do this, try the L v F system.  With a labby.  Works for me.

Sam
If dogs don't go to heaven, when I die I want to go where dogs go.  ...Will Rogers

iggiv

he can try working with "small" bankrolls like 300 dollars each time he is in the casino, to start with small win goals and if he is able to win then increase the bankroll gradually. But if he loses it at least he won't lose thousands. I guess a guy with no experience and lots of money is an easy target for casino...

Le_Chiffre

@TwoCatSam

Yes five biggies.  Sounds a lot but it's only the same ratio as trying to make 50 with a 200 bankroll...which doesn't sound that tricky....but obviously a lot less on the line on that level.

@iggiv

Sounds like a sensible approach but surely the whole point of having such a big bankroll of 20k is to be able to keep going through drawdowns where most people will bust?

iggiv

don't hold your breath. never hope for a big bankroll to stand up  against big downdraws. It's better to accept a small loss than to be dragged into huge downdraws which are like a snowball. Remember if u don't know where u stand, u gonna be a small fish among big sharks. They will eat u. U r not the first and not the last with the big bankroll to be lost.

Very bad idea.

Le_Chiffre

thanks for the wise words iggiv.  Yes to most people on this forum 20k is probably a lot of money but to casinos it's a couple of hours of takings on a busy night.  I just have seen many times where the drawdown as gone to 500+ and it's bounced back to be in profit....but setting stops too tight would have been out the game.

Just can't help thinking that achieving just under 1% ROI per DAY targeting 180 with 20k is easier to achieve than 60% ROI per day targeting 180 with 300.

iggiv

most of pro players advice to divide your bankroll, and the bigger it is -- to divide on more parts. It's too easy to lose it. It's not a problem to lose small bankroll. but it is a big problem to lose a big bankroll. you are like on a minefield....And there will be a day when your goal of 1% will be unachievable, just one unlucky day when u lose everything...

But something inside my mind tells me  that with a right approach u won't even need a big bankroll...
:) )

i know it's weird

link:://youtu.be/vkT5dVJsnYk

Le_Chiffre

thanks again for the reply and your expertise on this iggiv

TwoCatSam

Quote from: Le_Chiffre on Jan 19, 02:44 PM 2013
@TwoCatSam

Yes five biggies.  Sounds a lot but it's only the same ratio as trying to make 50 with a 200 bankroll...which doesn't sound that tricky....but obviously a lot less on the line on that level.



So....reducing down further.......that would be like trying to make $5 with a $20 bankroll.  I did that yesterday with the L v F and the S/N Excel Bot.  In fact, I made $10 on a $19.00 bankroll.

I have an idea:  Have your friend PayPal me the 20K and I'll give it a shot...for a modest fee, of course!

(It's humor!!)

Sam

If dogs don't go to heaven, when I die I want to go where dogs go.  ...Will Rogers

Le_Chiffre

Yes ratio of making 5 from a 20 bankroll using 0.01 chips....surely not that hard right?

Just a shame paypals fees are so high otherwise that sounds good Sam lol ;)

TwoCatSam

Le

If I may be serious for a moment.  Again, I'm not trying to sell bots for Stef and Nick, but this thing I'm doing sure seems to work.  Is it the "Holy Grail"?  No, because that does not exist.  It does seem to be way to make a percentage of bankroll without losing the bankroll.

Time will tell.

I'm going to pull a Johnlegend here and predict I will be making 50 Euro per day with this program (and my use of the Labby) by June 1st, 2013.

Sam
If dogs don't go to heaven, when I die I want to go where dogs go.  ...Will Rogers


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