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  1. Billy Seagull

    [Misc] Has anyone tried the Martingale betting method

    There is only one way to avoid losing accounts and that is not to win:mad: Most of them have pathetic thresholds and if you get to four figures out of most of them you've done well. If all you do is play for free bets, constantly bet at best price available or arbing then they will close you...
  2. Billy Seagull

    [Misc] Has anyone tried the Martingale betting method

    Botfair accounted for 37% of my overall steaks last year but 48% of my overall profit at an ROI of 16.6%. My ROI last year was 12.9%, the books got very lucky in May and June when I had a terrible run but that does mean I haven’t paid the premium charge sine April but it is very close again...
  3. Billy Seagull

    [Misc] Has anyone tried the Martingale betting method

    Not any more unfortunately. It kicks in if the amount of commission paid over the lifetime of the account is less than 20% of the gross profits. It’s criminal really but there is no other alternative. I just look at it as a tax and stake more to cover it when I know I’m going to have to pay it.
  4. Billy Seagull

    [Misc] Has anyone tried the Martingale betting method

    Yes, it’s comfortably six figures. I can’t get a bet on in my name but there are always ways round it like using friends accounts, visiting shops in different areas to spread the cash around and also Botfair but that means something called the Premium Charge comes visiting. It’s a fun...
  5. Billy Seagull

    [Misc] Has anyone tried the Martingale betting method

    I’ve made 16.2% profit over the last four years, now is not the time to stop:lolol: The main problem is getting a bookie to take my cash. I gave up decent salary to have better lifestyle and tomorrow I shall be playing golf instead of sitting in an office and will be able to continue working...
  6. Billy Seagull

    [Misc] Has anyone tried the Martingale betting method

    Staking plans are something I’ve spent hundreds of hours analysing and for me the Kelly criterion staking plan suits what I do but I do it a lot less aggressively than full Kelly. This article has a calculator on it to help and an explanation...
  7. Billy Seagull

    [Misc] Has anyone tried the Martingale betting method

    Don’t bloody touch it, is my best advice.
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