Whats up Monkeys. I woke up this morning and checked to see if anyone has made a post about ridiculous betting stories, and saw no one has. Even though the days of Gutfreund and Liar's Poker at over, finance still attracts the type of personality that enjoys making big and sometimes ridiculous bets. Last night I saw one of my buddies lose a few hundred bucks over a game of Madden, nothing huge but it made me curious. So, what is your craziest betting story? Really looking forward to hearing your responses.
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Betting 10k on Madden and letting the computer simulate the game.
Well.. did you win?
Wasn't my bet luckily. No clue who won or how that is an exciting bet
Try it on FIFA, and turn shot speed, pass speed and sprint speed all the way up, and goalkeeper ability all the way down. Crazy games
That's actually a great idea...
AMD. I had bought shares last June despite criticisms of the company. Sold my shares off a few weeks ago, easiest money ever made.
what do u think about its future
I'm addicted to everything but gambling. Never gambled in my life. Don't see the appeal
Try it once. I used to not see the appeal either, but then I played blackjack, and now I love it.
No way. Not with my personality. I like my life. I would like to learn to play poker some day.
Had falcons ML in super bowl, got greedy took them again live at halftime for even more
I bet 1 set for $1K in tennis and lost...
Somebody bet Trump he couldn't be president.
HAH WINNER
"Lyin'" Ted Cruz bet 15k that he would win Indiana primary, found out later he had to borrow money from Goldman Sachs to pay me when I WON. The people spoke and want TRUMP!
Him calling a basket rim a 'basket ring' in the heart of ball country did him in.
Frank: Ten says he shorts it. Livingston: No bet.
I was down almost a grand sports betting one week back in 2015... As a college student this was basically everything in my bank account. That saturday night I put 1.5k on McGregor winning the Aldo fight almost 30 seconds before the fight started. If I lost I would have at least a grand down in debt, but a minute and one Mcgregor KO later, I was the happiest college sophomore on the planet. Since then, I've never put anything more than $20 on one bet, luckily learned my lesson without losing money like I've seen so many others my age do
Not bad. Are you puttin $20 on McGregor again?
Put your mom's mortgage, student loans, and company credit card on Mayweather. LOCK.
My university roommates pooled their cash and bet $20,000 that UConn would beat George Mason (You don't understand basketball surferdude! It's a LOCK!)...
They also pooled their rage and did an extra $20,000 worth of damage to the house that night.
One of my roommates who was loaded bookie put 100k on UNC beating Duke a few years ago when UNC was a clear favorite. UNC Lost... Kid wouldn't come out of his room for a week
We had a pretty huge gambling scene in high school with around 60+ students playing across the campus.
We once played a game of maybe 9 players and everyone pushed all-in. Total pot was around $750 and I won on pocket Kings. Good day.
I bet $600 before the primaries that Trump would win.
The odds on that must've been amazing. I remember watching his announcement speech that he was running for the Republican ticket and saying he would be our next president, wish I had an affinity and balls for gambling back then
My thinking was there was a bubble of sell outs and politically correct politicians who didn't get anything done. So Obama winning twice pumped up the bubble to it's max and when Americans turned on the TV and it didn't represent what was going on we weren't happy. We saw higher taxes, a weaker military, and a growth in non-substantial jobs. He wasn't the best candidate, but he was what America needed to pop the bubble and correct the political atmosphere. It is pendulum theory.
What site do people use now? It used to be InTrade....
Predictit is a new one.
I put $100 on Trump in October at 5-1 odds. Wish I did more- I put just enough that the payout would be fun, but not enough to hurt at all. Broke fresh-out-of-college life. Bet made through PredictIt.
5 team MLB parlay when I was ~12 in vegas, my brother placed the bet for me, $5 won me ~$125, happiest kid ever watching those games, plus back then i could get away with watching the games in the sports book
The about four people who bet that Leicester would win the Premier League last year. That's the one time you bet with your heart thinking it will never happen and you put down like 10 bucks and at the end of the season, you have 50 grand in your pocket and to top it off your team that wasn't even top 10 last year has magically made history.
I know an older guy who won $750k in blackjack in Vegas in less than 1 hour. Sounds sexy until you start to wonder how much he's lost over the years...
Yeah blackjack has too low win percentage for me.
Expert card counters get something like 54% win rate....
Not crazy especially considering how little the lump sum was, but i took my savings allocated for the entire summer (under 5k, im still in school) and threw it into ethereum at $60 a share. Within 3 months it hit 400 a share. Wish I could say I sold at the top.... held on for longer but still sold it all above 300.
Did you ever buy back in
I will but I am waiting for it to hit ~1000 before I do so
My first bet: Went to the Royal Ascot horse races and thoroughly studied the info pamphlet to select which horse I wanted to bet on. Placed my bet on a horse that seemed to have great potential based on its racing history but still offered a good payout if it won as it wasn't the clear favorite. Race starts and I cheer on my horse, which appeared to be doing quite well and was approaching the lead. Then it tripped and fell and was severely injured. They had to set up a tent around it and shoot it dead on the spot. I felt so horrible about it and still feel somewhat responsible for killing the horse that I rarely if ever bet anymore. I worry that I will cause harm to anything I bet on.
The universe is glad you're not a trader.
.
Bought weekly super far out the money calls on $NVDA prior to their last earnings report just for the hell of it. Turned $1.8k into ~$20k.
A friend of mine did bet on Leicester City, the EPL club, they had odds of 5000-1. He bet 2 pounds on them after he got drunk and they went on the win the the tournament
You know, the best part of the best drug in the world isn't the high. It's the moment just before you take it. The dice are dancing on the table. Between now and the time they stop, that's the greatest high in the world.
I had a family member liquidate his entire 401(k) and concentrate it in one stock, which I protested fervently. The stock doubled over the next two years and he exited his position.
The company went bankrupt about 4 years later, lol.
Took a flyer on Brooks Koepka winning the US Open. won $1,000. You wont find a bigger Koepka fan than me now.
Knew a guy who bet something close to $3k on 2016 election. He had multiple bets with different people. Chose Clinton and lost it all.
All I know is every time I end up the craps table I black out. But man is it an adrenaline rush.
Technically this wasn't "betting" because I didn't put any of my own money on the line at the time, but the best ROI for me was entering a ~50-60 person free roll holdem tourney hosted by a card room and winning $1100 for coming in third place. You got a pretty small roll of chips for the free entry, but were allowed to buy 2 or 3 extra stacks for $100 a piece at the beginning of the tourney. I made the decision to not put any extra money on the table and just see what happened.
The starting stack was so small that you would basically get eaten alive by blinds within the first couple rotations of the button, so you needed to make a move early to build a stack. It was definitely designed to encourage the purchasing of extra chips (I think roughly 80% of the players bought extra--most the max amount you could buy). I played tight for a few hands, then raised heavy with a decent hand in late position. Ended up all-in quickly against a couple other players and won big. Did this a few more times and somehow found myself at the final table. I was a student at the time, so I was so pumped to finish in the money at 3rd. Good times.
Don't call PETA - in high school we organized a huge beta fish tournament ring. Met in the park and your buy in was your fish +$10, the bracketology behind that was great.
More recent - had a friend give me 20:1 on $100 that Spieth would blow the Master's at the turn on Sunday. Hated seeing him implode but I bought his AP2s with the $2k I won. :)
Friend of mine gambles a lot - won like $20k or something one day - deposited it all into his bank account at the ATM for the company he works for. Something like 20 transactions in a row of $1k each. Ended up almost getting fired and having administrative leave for a few days. Used admin leave to go gamble more and won even more - showed up at the last admin meeting with a bunch of $1k chips.
It's not a "gambling problem" if you're winning...
I bought BAC at ~$3/sh and GS at ~$49/sh back in the early part of the financial shitstorm that was 2007-2010.
Both have paid off quite well.
deep value ftw
Absolutely
Draftkings golf, especially in non-majors, is easy $. Just go overweight on a few guys that are poised to do well and you'll end up in the black more than not. I average ~12% a week
I've been wanting to get more into betting on sports, specifically golf. Do you recommend Draftkings over MyBookie?
Can't give you a good answer...have only really used Draftkings and Bovada. DFS golf is solid because there are websites out there to help you project player ownership, and it turns into a bit of game theory. I take shares on players I don't really like because of low ownership. For example. Bubba is like 2% owned this week.
If you do decide to try it out (next week is the PGA), I suggest using fantasy national golf club. Free online model & lineup generator...takes a lot of human error out.
I have a good one:
I went to a casino with my granny because she likes to play the slots. Please keep in mind my grandma is a thug who likes to smoke cigars and drink whiskey (I couldn't say no). She played with the nickles and I finally hit up the blackjack table. I ended up losing about $800 and shitting my pants. Then I made $1000 and walked out. Worst and best day of my life. I learned that casinos are nothing like the movies. That shit is addictive and real, but I like to play poker with my friends.
See now that's a badass Grandparent. Not a "back in my day" grandparent.
If you haven't been to the Kentucky Derby, I would recommend it. Even if you know nothing about horse racing/betting, Churchill Downs is an awesome place and horse betting is an amazing rush.
This post has evoked some nasty flashbacks. I actually feel a bit sick
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