just what the title says....
sure thing bets?
secret investments?

what do you know?...

Fold it over and put it in your pocket.

last edited by Bah at 23:40:22 02/Apr/06

Everything on black.

lol,

i would put it all on one hand of blackjack. buy insurance. edit: perfect pairs might be a go for 30-1 axn

ps u r a noob

last edited by infi at 23:42:30 02/Apr/06

always bet on black

Invest in a pyramid scheme.

put it in a bank account and wait 10-15 years.

f***ing lol at this thread.

ok, because no-one's said it yet, i'll state the obvious.

if it were easy to double your money, everyone'd be doing it

noob

always bet on black

dont listen to this noob ... everyone knows its red that wins

Start a Pyramid Scheme

times it by 2.

yay for lame.

help some dude in nigeria get his money out of the country

I'm doubling mine atm. I'll get back to ya if it works.

start a religion

give it to me

whore your self out to every man/preist/woman you can find

or you could just go to an A.T.M

last edited by TufNuT at 00:33:01 03/Apr/06

play mini baccarat and bet on the player hand

I bet on black last night and won $25. Too easy.

don't spend it all at once!

Invest it in some silky stockings for your mum...

save game
give your money to another character
crash game
be returned to game from last save point and get your money back from other character

alright this is going no where...

ANY SMART GAMBLERS??

buy low sell high

work hard and be good to your mother.

Purchase something from a cheap source (internet? overseas?), sell it to stupid people at a higher price <-- this one actually works.

You gotta bet big to win big

look for things that have free stuff then sell it on ebay

sell all your bday./celebration presents on ebay

it could work, my friend sold a white martial arts belt on ebay and it may have been sold because he put "was possibly owned by bruce lee" in the description

Become a drug dealer....

But in all seriousness I aggree with Erik.

1. Learn to play poker.
2. Play poker.

depends how much we're talkin about and how quickly though.

ANY SMART GAMBLERS??

oh dear.

Yeah sure you could double it, but the real money is in trippling it.

whatever you did in the first place to get the money... do it again. repeat.

Some bhp shares i bought about 18months finally doubled in value today.

COMEDY OVERLOAD!

give it to me


LOL

i know a guy that does stock market trading or something along those lines

he had 250grand and doubled it to 500grand in two years.

on another note, i have an ex-workmate friend who's brother is big into stock trading (he uses other peoples money), one day he lost 1.8million of this guys money. But within 6 months he had paid the guy back/made money.

pretty scary game really :)

Work twice as hard.

suck 2 dicks instead of one

Yeah sure you could double it, but the real money is in trippling it.

I guess that's proportional to the number of dicks you suck.

Purchase something from a cheap source (internet? overseas?), sell it to stupid people at a higher price <-- this one actually works.

LOL, I do that with uni textbooks. Works well plus I always seem to make a decent profit.

if your black, roll some c***s.

if your white, roll some c***s and blame it on a black guy.

simple.

im not racist btw.

Not a funny c*** either. But still a c*** at that.

Watch it Booyah, in 20 minutes (10 to go actually) he'll blast you with some witty comeback.

werd to bhp rmazing
msn me tinrib36@hm

LOL, I do that with uni textbooks. Works well plus I always seem to make a decent profit.

?!
Can you sell me new textbooks at cheaper than bookstore prices?

last edited by Fireblood at 17:49:09 03/Apr/06

^
Check your pm's for more info.

rofl @ the "sure bet" thing.

buy something for $1, sell it for $2?

save fifty cents here
save fifty cents at another store
save one dollar
take your dollar to the dollar store and buy a whole nother thing

ROFFLE @ thread.

scooby what's that comedians name.. russel something? the indian guy?

russel peters (Y)

give me your cash, i'll go to the track and guaranteed to double it.. of course you'll have to give me a percentage of the winnings so it may not be much more than doubled..

give me your cash, i'll go to the track and guaranteed to double it.. of course you'll have to give me a percentage of the winnings so it may not be much more than doubled..

No, just go out and earn 10x as much as he gave you while only giving out 2x to him ;)

Sell your freckle at a '2 for 1' night at the Wickham.

^ What's a freckle

Didn't GTA teach you anything? You hire prostitutes in your car, bone them, and then take your money back. BOOM, doubled your money.

Sell your freckle at a '2 for 1' night at the Wickham.

SCOGGEX won't like the competition.

k here's a gambling plan i regularly do. I'm well up on this one.

sportsbettin
favorite paying $1.80
other paying $3.20


other bet for $100
favourite bet for $220
TOTAL BET outlay $320

OTHER TEAM WINS - WIN $320 (get your money back)
FAV TEAM WINS - WIN $396 ($76 Profit)

the only thing you're not covered for is a draw. i havent been nabbed by the draw yet.

There's no safe way of doubling your money, but if you're going to gamble, put say $50 (I'm talking blackjack here), bet only that $50, not your winnings, when that $50 is gone, walk away with profits, works every time, except when you lose, then it doesn't work. But that's never failed for me so meh

works every time, except when you lose

50% of the time it works all the time...

How about this. Ill bet you what ever you want on the toss of a coin.

One of us will double our money

sportsbettin
favorite paying $1.80
other paying $3.20

does it actually happen like this very often? i'm guessing when draws happen all the sportsbet guys jerk each other off in celebration

There's no safe way of doubling your money, but if you're going to gamble, put say $50 (I'm talking blackjack here), bet only that $50, not your winnings, when that $50 is gone, walk away with profits, works every time, except when you lose, then it doesn't work. But that's never failed for me so meh

GENIUS!!

chip up to win

k here's a gambling plan i regularly do. I'm well up on this one.

sportsbettin
favorite paying $1.80
other paying $3.20


other bet for $100
favourite bet for $220
TOTAL BET outlay $320

OTHER TEAM WINS - WIN $320 (get your money back)
FAV TEAM WINS - WIN $396 ($76 Profit)

the only thing you're not covered for is a draw. i havent been nabbed by the draw yet.

The problem here is you're breaking the number one rule of professional gamblers, now i don't know if you're registered with any associations or whatnot, but i know of a set of rules where one of them clearly states to not bet more than the profit, therefore it is not worth the risk to bet on something in high amounts of money, if the return is small, because of the possibility of losing the outlay... now you're just stupid to bet on both teams in the first place, if you're going to win any serious money, you need to bet on something with better odds, such as horse racing, and study the guide so that you know what kind of things to expect...

If you register with a professional punters website they send you out a list of unlucky horses.. this is a good bet for the next week of racing, as it's drawn a bad barrier or got a bad start the week before, but generally are good horses, so the odds are blown out to $10+ and you see yourself with a safe little return

Also
if you're ever betting on Hong Kong races be sure to give the jockeys that are australian the upper hand, if there horse is up there with the favs then pick him

i put $70 on Shane Dyes horse on the weekend for a nice return of $320..

And
if possible.. always bet with the bookies for fixed odds, fluctuations suck

Put $500 on Black and $500 on Red.
Shout "OMG I WON" provided zero doesn't come up.

sportsbettin
favorite paying $1.80
other paying $3.20

does it actually happen like this very often? i'm guessing when draws happen all the sportsbet guys jerk each other off in celebration

yes this does regularly come up


maverik... i may be going against the pros, but hey it works!

what bookie u use maverik??
or n e one else for that matter???

i dont trust horse races or betting on them
too many short people around and short people are ALWAYS shifty

i think you're just afraid of anything involving "racing"

too many short people around and short people are ALWAYS shifty

*cry*

i don't use one particular bookie. except i go with a guy called ray for the place bets.. usually offers the best odds.. buggered if i can remember his last name right now..

if you're going to bet online go for centrebet because you can get fixed odds up to half hour before a race and also sportsbet because you can get the countries best price, rather then just qld or just nsw..etc..

i myself have not fully gotten into online racing mainly because i like seeing the money in my hands but i'm going to be opening accounts in various different sites next week.

www.sportsbet.com.au
www.centrebet.com.au

Here's a list of some unlucky horses from the 1st of April that you may want to take note of as they might be winners this weekend or their next respective race..

Rosehill, 1st. April
But I'm Serious
Catechchu
Mr. Ubiquitous
Saxon
Spinney
Really Flying

Caulfield, 1st. April
Eskaw
Hanna Rossa
Evilweb
Ali Benbara
Strikeline
Astrodame

i did the betting thingy on keno where u pick a number, if it doesn't come up, pick it again and double the bet. start at $5

first time i did it, it came up when i was at $5, $20 twice, $10 a few times and $40 once, walked away up $125ish

tried it again, got up to $80 and it hadn't come up, was supposed to put $160 on it but bailed, it didn't come up. the number didin't come up 15 TIMES IN A ROW. the odds are like 1 in 100 but that's where they make their money i guess

in conclusion any gambling 'system' is gay and only homos use them

you have too much spare time if you can sit around watching keno numbers come up or not...

i watched the first six then drank beer with friends and later askedher for a printout of 20 numbers surrounding the ones i bet on

Best way to double your money?

if i knew, do you think i would tell you?

thanks maverik

you have too much spare time if you can sit around watching keno numbers come up or not...

thats exactly how i feel about horse racing



serious time, i have just totally cleaned up on a couple of managed funds

takes a few years, easy to look after though


last edited by Spook at 16:58:08 08/Apr/06

betting on horse racing has a worse return than pokies. with a house advantage of 15% it is very unlikely you will ever find a line that will have a positive expectation unless you are involved in some kind of criminal enterprise.

sportsbet and centrebet both seem to offer pretty good lines for sports.

i just glanced at the AFL ones and they have a house advantage of around ~4.7% which is pretty standard.

it is actually possible to overcome the house advantage on those kind of lines. say you betting on 'even' money (ie 1.91/-110) lines you need to win around > 52.4% to show a profit. this sounds easy but very few people are actually able to do it. that is how good the bookies are.

in comparison if you were wagering on 'even' money lines with a 15% house edge you would need to win > 57.5% of the time to show a profit.

picked up a nice little $85 on "racing to win" the race before the slipper today.. and then i got 3rd on the slipper unfortunatly..
had a few other little wins so all together i'm looking at at least $120
i outlayed $62.. so that's almost double.. although that being said i didn't get more than 5 minutes to read the form guide and put my bets on.. had a very busy day

gonna put $50 on sharks for the premiership

wasted bet imo

at $26 i think it's ok

but like, as if i have time to follow the premiership :rolleyes:

too busy checking out keno numbers?

Gambling is for suckers.

word

gambling on lines with long odds is defintely for suckers. for a while i thought the high house advantage on long lines was because the book deliberately created sucker bets. but with competing books this doesn't make much sense because you would expect books to price each other down.

so here is my explanation as to why longer odds have more house advantage:

The first thing to note is that when you place a bet with a bookmaker it effectively creates another bet on the bookmakers side with the reverse odds. For example if you make a bet at 8.5:1 odds for $100 this creates a bet at the bookmaker of $850 at 1:8.5 odds. The next important fact is that these two bets have a different house advantage depending on whether they are expressed in the players bet amount of the bookmakers bet amount.

For example when a player bets on long odds:

Bet A
------
True odds: 9:1

Offered odds (player): 8.5:1
Players wager: $100
Expected loss: (8.5 * 1/10 - 9/10) * 100 = $5
House advantage (player): 5%

Offered odds (bookmaker): 1:8.5
Bookmakers wager: $850
Expected win: (9/10 * 1/8.5 - 1/10) * 850 = $5
House advantage (bookmaker): 0.6%

When a player bets on short odds:

Bet B
-----
True odds: 1:9

Offered odds (player): 1:18
Players wager: $100
Expected Loss: (9/10 * 1/18 - 1/10) * 100 = $5
House advantage (player): 5%

Offered odds (bookmaker): 18:1
Bookmakers wager: $5.56
Expected Win: (1/10 * 18 - 9/10) * 5.56 = $5
House advantage (bookmaker): 90%

The next thing to note is that if the HA in terms of the players bet is the same for a long and short bet then the Kelly criterion fraction is the same. The Kelly criterion fraction represents the fraction of a gamblers cash reserves that he can optimally risk on a wager. This means that the a book can't optimally bet extra on long odd wagers to make up the HA loss compared to short odd wagers.

Bet A
-----

f* = (bp - q)/b
= (1/8.5 * 9/10 - 1/10)/(1/8.5)
= 0.05

Bet B
-----
f* = (bp - q)/b
= (18 * 1/10 - 9/10)/18
= 0.05

-----

So in order to get a decent wager to profit ratio the bookmaker increases the house advantage on longer lines. Which is why stuff like parlays, horse racing and futures bets look like sucker's bets (and probably are sucker's bets).

last edited by hast at 18:37:12 09/Apr/06

why is ther emath here just tip the unlucky horses! duh!