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Old 02-16-2012, 08:06 AM   #31
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Re: Best way of making ~1000% roi with good probability and don't require much grinding.

I'm gonna be looking for backers to put me in live tournaments over the long haul. I think I'm a sure shot at >1000% roi without consideration to variance :P. Or you can just bet it on red, that works too. Oh, and there is always gold stock Gld is at $168 with a call option for $24 expiring 1/17/14. If you buy 400 calls at 10k and it hits $432 you made the gravy train. choochoo!

Last edited by Michael DeMichele; 02-16-2012 at 08:14 AM.
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Old 02-16-2012, 10:27 AM   #32
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Re: Best way of making ~1000% roi with good probability and don't require much grinding.

River Royale: did you get my PM?
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Old 04-20-2012, 12:23 PM   #33
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Re: Best way of making ~1000% roi with good probability and don't require much grinding.

results?
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Old 04-24-2012, 01:50 AM   #34
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Re: Best way of making ~1000% roi with good probability and don't require much grinding.

such a degen
go to the roulette wheel and bet 3 numbers. done.
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Old 06-04-2012, 05:57 PM   #35
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Re: Best way of making ~1000% roi with good probability and don't require much grinding.

there is a website that lets you make bets like this, but you have to use bitcoins
http://satoshidice.com/

they have a bet pretty close to 10x with a 1.5% house take:
10.709x
min bet .1 btc = $.52
max bet 30 btc = $156
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Old 06-05-2012, 06:32 AM   #36
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Re: Best way of making ~1000% roi with good probability and don't require much grinding.

Looks to me like you're looking for a large amount of leverage with the smallest vig possible.

Have you considered options trading? You can place a very large bet on options while paying a small amount of commission.

If you were clever/smart (note: this goes against your "easy" criterion), you would do some research, e.g. find a company that is likely to miss/exceed its next earnings announcement, so that you could go short/long on a highly leveraged options trade.

Sounds a lot easier than it is, but if you believe in the efficient market theory, you are at least at EV~0 with the smallest commission possible, in all likelihood. If you don't believe in the efficient market theory, well then do your ****ing homework, pick the right company and time it right.

This is (a vastly simplified version of) how the big boys gamble.
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Old 06-06-2012, 01:19 AM   #37
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Re: Best way of making ~1000% roi with good probability and don't require much grinding.

Quote:
Originally Posted by MApoker View Post
Sounds a lot easier than it is, but if you believe in the efficient market theory, you are at least at EV~0 with the smallest commission possible, in all likelihood. If you don't believe in the efficient market theory, well then do your ****ing homework, pick the right company and time it right.
It doesn't matter whether or not you believe in efficient market theory -- you're not looking for public information.
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