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Scout
Lv 6
Scout asked in Games & RecreationGambling · 9 years ago

Do you think it is possible to take $1,000 and turn it into $100,000 betting on sports?

I created a blog keeping track of my picks to see if I can do this. I bet around 5% of my total bank roll so as my bank roll increases, so does my bets. I usually find myself around 60%, I've been pretty consistent with that at times as high as 70%, but long term more like 60%. I currently turned $1,000 into about $22,000. Check out my profile where you will find a link to my blog. You can follow me, and see that I am for real, and I am not asking for any money. I am just trying to build up my blog so i can take it to the next level. Check it out and let me know what you think of the blog.

Update:

This is not spam. Some people here can get touchy. I am not selling anything, in fact I am sharing. I struggled and got swindled by spammers, so it kinda hurts to be called one. So please, check me out before you call me a spammer. Not everyone is out to steal and rob, I decided not to profit by selling picks. There are other ways to make money with a website other than taking money promising something and not delivering. I am not going to charge $3,000 for a service and say oops so sorry when the person feels scammed.

10 Answers

Relevance
  • 9 years ago
    Favorite Answer

    Possible? Sure.

    Probable? No.

  • Anonymous
    5 years ago

    Most people can't turn $500 to $50,000 in a year, legally. Remember, there is NO easy money in this life. Building wealth takes time, smarts and sometimes luck. I would recommend finding other investors you can pool your money with. Buy a piece of distressed real estate. The catch is you must buy it for for a "steal of a deal." Fix up the property and rent it a few YEARS until the market gets better and then sell it. Split the profits with your investors.

  • 5 years ago

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  • Anonymous
    9 years ago

    Of course its possible, the question is what are the odds that you can. Generally speaking they are against you.

    PS Betting on sports may be illegal in some countries/states but not in most

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  • 9 years ago

    It's possible. 1000$ x 100 = 100000$. I once made x 500 in 3 months of every day gambling. I had much luck, spent whole days analyzing games. So, it's possible, but highly unlikely, especially in a short period of time like my lucky series last year.

    pdq is just butthurt, I bet he gambled his house and car and lost.

  • pdq
    Lv 7
    9 years ago

    If I didn't see your "Additional Details", I would have probably reported this a spam, too.

    Do I think it's possible? Yes. Do I think you can do it? No.

  • 9 years ago

    Sure it is, but this is not a question, it's spam. Reported.

    EDIT: What do you think spam is? You're clearly not asking a legitimate question. You're using Yahoo answers to drive traffic to your website. That's spam, any way you slice it.

  • 9 years ago

    You obviously have a working system and are thorough with your method however like most quick-turn-over-get-rich-quick-schemes they are bound for failure.

    Nevertheless be careful and go for it!

  • Ryu
    Lv 7
    9 years ago

    Possible? Sure.

    But betting on sports is illegal I thought

  • Anonymous
    9 years ago

    doubt it

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