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Is the GIOL forum worth the risk (with poll)?

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  • Fella
    Fella Posts: 7,921 Forumite
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    meant to edit.
  • R00STER00
    R00STER00 Posts: 785 Forumite
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    Fella wrote: »
    You appear to be ignoring the fact that the losses from someone who tries MB & loses some dough are finite. Wheras the profits made by everyone who MBs successfully are not.

    You also ignore the tons of people who do the "easy" first 1K or 2K then quit.


    I suspect if the figures were known that MB profits outnumber losses by a massive ratio, 20:1 at the very least & probably more.
    He did only say that he suspects the losses surpass the gains. It is possible, although ultimately impossible to gauge. At least he never made any wild assumptions like 20:1 or something, what exactly do you base this on and how have you researched it?

    Also, if you could let me know of these infinite profits, please send me a PM (I will even share half of my infinite profit with you ;)).
  • littleted999
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    My profits at betchance were infinate.

    Im sure i will get them some day
  • Fella
    Fella Posts: 7,921 Forumite
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    R00STER00 wrote: »
    He did only say that he suspects the losses surpass the gains. It is possible, although ultimately impossible to gauge. At least he never made any wild assumptions like 20:1 or something, what exactly do you base this on and how have you researched it?

    Also, if you could let me know of these infinite profits, please send me a PM (I will even share half of my infinite profit with you ;)).


    I would say it's impossible to prove. It's entirely possible to gauge. Just use a combination of commonsense, your own experience & the experiences of those you're in contact with.

    Infinite profits? Certainly, with the one constraint being time of course. That will only cease to be true once someone on here has done every single signup or reload possible & has nothing left. Which will never happen :)
  • Mariner13
    Mariner13 Posts: 5,164 Forumite
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    R00STER00 wrote: »
    He did only say that he suspects the losses surpass the gains. It is possible, although ultimately impossible to gauge. At least he never made any wild assumptions like 20:1 or something, what exactly do you base this on and how have you researched it?

    Also, if you could let me know of these infinite profits, please send me a PM (I will even share half of my infinite profit with you ;)).

    Saying you "suspect losses surpass gains" is a far far wilder assumption than saying "gains surpuss losses by at least 20:1" in my opinion.

    Details of the infinite profits available from matched betting are shown on this board, and other similar ones. The profits would only stop if you were banned/accounts closed by every bookie.

    :)
    Greatwood - A charity for retired racehorses and children with special needs :)
  • R00STER00
    R00STER00 Posts: 785 Forumite
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    Fella wrote: »
    I would say it's impossible to prove. It's entirely possible to gauge. Just use a combination of commonsense, your own experience & the experiences of those you're in contact with.

    Infinite profits? Certainly, with the one constraint being time of course. That will only cease to be true once someone on here has done every single signup or reload possible & has nothing left. Which will never happen :)
    The problem with trying to gauge it like that is the sample is far too small and entirely skewed.

    Even if you add up all the profits from every person who has ever matched bet, it would still not be infinite, even if you did it for 100 years, or 1000 years, ...
  • Fella
    Fella Posts: 7,921 Forumite
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    R00STER00 wrote: »
    The problem with trying to gauge it like that is the sample is far too small and entirely skewed.

    Even if you add up all the profits from every person who has ever matched bet, it would still not be infinite, even if you did it for 100 years, or 1000 years, ...

    Just semantics ain't it. Losses from one who quits are finite. Profits from everyone who carries on successfully are ongoing. And that's my point.
  • power100
    power100 Posts: 325 Forumite
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    innovate wrote: »
    Agree with most of what you said in your post, but I am very much against posting links to "more dangerous" places. Not that it matters what I (or you, or other posters) think about the matter - the decision is Martin's and therefore there's little point in discussing it further. Quite apart from that, an influx of MSEers would more than likely have a detrimental effect on casino offers.

    Anyhow, anyone with just a tiny tad of initiative will find what they want to find elsewhere.


    After reading that FGS thread I now agree. That was painful to read and shows that people can lose a lot of money, at anything, if they do not follow some basic rules and stay disciplined. As other forms of advantage betting have higher intrinsic risks then it is reasonable that they are banned from here as there would no doubt be greater loss sustained on these activities by some posters.

    However I do still have some concern as to the attitude and advice that some members of the forum give out. When some non matched betting activities are posted about there are always negative comments, by some posters which could dissuade more experienced posters from learning about and getting into other forms of advantage gambling. This is ensuring that people miss out on profit and it seems the better option would be to state that we cannot discuss these offers here, but to point out that they can be positive ev if done correctly. This can be done through pm if necessary to avoid any discussion on the boards.
  • jessicamb
    jessicamb Posts: 10,446 Forumite
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    This is probably better on the site feedback board than the main board - I'll move the thread over, please continue any discussion over there.
    Thanks
    The early bird gets the worm but the second mouse gets the cheese :cool:
  • etherz
    etherz Posts: 105 Forumite
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    Profits are infinate due to reloads, just look at donglemouse's P&L, he has made far more from reloads than signups. Reloads are not going to disappear overnight, they wont disappear until bookies cease to exist.

    The argument that some people are in debt and cannot afford to lose any more money, start with an offer like JAXX, I have never heard of anyone making a loss on this offer. Problems of 'bad bookies' can be avoided by sticking to reputable companies rated highly on SBR or the like. A lot of people who make a loss from MBing didnt follow the instructions correctly, can't do much about that (they are pretty clear jessicamb ;-) )
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