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Henze System (Millionaire in 100 bets)

Tags: 100 bets, betting, Henze system, millionaire, odds, winning
Posted on 20 April 2015 by "K".
Hi Mobsters! Maybe you are familiar with this system, in genuine it doesn't have any name, but in Denmark they call it the " Henze System" - The system is very simple. For a very small amount of money, you can become a millionaire. I myself will give this system a shot, and test it. In the beginning I will use my own money, but if (hopefully IF) i reach an amount where i can't bet enough because[...]   Read more » Henze System (Millionaire in 100 bets)

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  20-Apr-15, 20:30   #21
  0 
av1966 
Joined: Mar '09
Location: Portugal
Age: 53 (M)
Posts: 1693
Hello my friends and fellow mobsters Worship Worship

BRM_Henrik this is a amazing thread and I will for sure follow your post with moost attention Worship Worship
What a challenge and so far so good Dollar Dollar never heard about this system but at least until now is a hell of a system Confused Confused Hopefully you will do OK and and I wish you good luck but on this case is more knowledge then luck Worship Worship

Don´t forget to be happy and enjoy life

     
  21-Apr-15, 03:47   #22
  0 
3pokeronly 

Joined: Jul '12
Location: New Zealand
Age: 54 (M)
Posts: 274
Assuming the bookies have a margin (and they do) each bet has around 85% - 89% chance of success, so as each bet is won the odds are exactly the same for the next bet, the likelihood of losing does not compound as such. When you get near the betting limit, you could look at splitting the bet into 2 bets at roughly the same odds with different bookies to keep to the systems parameters.

GL and gl all mobsters

     
  21-Apr-15, 04:27   #23
  0 
xxxpokerxxx1 

Joined: May '08
Location: Canada
Age: 43 (M)
Posts: 1017
love it very, interesting indeed!

     
  21-Apr-15, 08:38   #24
  0 
MIGO14 
Joined: Mar '11
Location: Germany
Age: 50 (M)
Posts: 1242
Interesting thread and interesting experiment. With you best of luck with this.
I hope you will go very deep in winnings and at some point you take out some money and just keep playing with the winnings.
Like always in gambling: In the end / in the long run the house will win...

     
  21-Apr-15, 08:55   #25
  0 
BRM_Henrik 

Joined: Dec '10
Location: Denmark
Age: 28 (M)
Posts: 132
Bet 8. LIVE - WON

HC Vardar vs HC Borec. U 74.5 goals. 1.12 x 213 = 238

------------
A bit of advice:

Don't do this system with Tennis, at least not the (Who will win the next game). Those odds are uasually 1.10, and i've seen a lot (including mysefl) go down on these type of bets.

Stick to sports where you have some knowledge, and bets where it's up to teams and not single persons are best. A person can have an off day, so can a team, but it's more likely to happen to just one or two persons.

If anyone would like to start their own project, please feel free to post your bets and your bankroll in the thread! Smile

------------
Bet. 9. Live - WON

Serbia vs Honduras. U 3.5 goals. 1.16 x 238 = 276

------------
Bet. 10. Live - WON

Beijing vs Brisbane. O 0.5 goals. 1.16 x 276 = 320

Bet 11. Live - WON

Team Socceroo vs Ceres La Salle. Ceres La Salle will win 2. half. 1.083 x 320 = 346

Edited by BRM_Henrik (21 April 2015 @ 13:58 GMT)


     
  21-Apr-15, 13:32   #26
  +1 
marqis 

Joined: Sep '10
Location: Netherlands
Age: 51 (M)
Posts: 1647
Posted by 3pokeronly:
Assuming the bookies have a margin (and they do) each bet has around 85% - 89% chance of success, so as each bet is won the odds are exactly the same for the next bet, the likelihood of losing does not compound as such. When you get near the betting limit, you could look at splitting the bet into 2 bets at roughly the same odds with different bookies to keep to the systems parameters.

GL and gl all mobsters

Assuming each bet has an 89% chance of winning, the chance you win 100 in a row is 0.89^100 = 0.00087%
This make your expected result $11.98, which is a loss of $88.02, that is pretty huge -EV...

     
  21-Apr-15, 13:45   #27
  0 
bowie1984 

Joined: Apr '12
Location: Hungary
Age: 35 (M)
Posts: 6795
Good luck. Though if I want to make money with hundred bets I would risk my shekels on DNB picks at odds closer to evens so when I eff up a bet at least wasn't for going full muggy on many underpriced markets. But what do I know?

     
  21-Apr-15, 14:04   #28
  0 
klash23 
Joined: Mar '12
Location: United Kingdom
Age: 41 (F)
Posts: 2249
Good luck with your system....just a couple of points,I don't really do much sports betting but at some point you will need to be betting massive sums of money at tiny odds-so will bookies allow this kind of bet or do they have a limit on the amount you are able to bet and would you be willing to bet 100k or even 500k on this kind of bet?.....No way I would! Smile

     
  21-Apr-15, 14:43   #29
  0 
Calmplay 

Joined: Apr '08
Location: Mauritius
Age: 54 (M)
Posts: 4104
Some serious cash has been won so this is definitely going to be the thread to follow and could be my 2nd favorite thread too (after complete bullsh1t place).
Good luck!!!

     
  21-Apr-15, 15:20   #30
  0 
BRM_Henrik 

Joined: Dec '10
Location: Denmark
Age: 28 (M)
Posts: 132
@Margis

Ofc. the % are not with me. I do think, that my edge is a bit bigger than 89% since i don't just pick randomly and i try to get the odds, just before they change to another spread or lower. It doesn't chance the fact, that it's -ev. But so is lottery, eurojackpot and one armed slots, but this is in my opinion much more interesting and more fun.

@Klash23

Some bookies will allow very high bets, and some are really strict with their limits. At some point i probably will reach a limit, but I don't want to speculate about that, before (if) i reach it Blink

@Calmplay

Cheers! - Hopefully i can continue for a while!

------------
Bet 12. Live - In Play

Kapfenberg - Polten o 0.5 goals. 1.083 x 346 =

The game started out in a high pace and with some quite big chances. The pace has slowed down, less than 40 minutes. It's going to be exciting! Smile

Edited by BRM_Henrik (21 April 2015 @ 17:42 GMT)


     
  21-Apr-15, 18:09   #31
  0 
westside1950 
Joined: Dec '13
Location: Croatia
Age: 30 (M)
Posts: 716
Only 10 minutes left an still no goals on that Kapfenberg - Polten match Shock

Hopefully this won't be the end of the streak, statistics say that the most common period of goal scoring is the last 10 minutes of the match. Smile

Good luck, someone score the fu**** goal out there already Big Smile

     
  21-Apr-15, 18:21   #32
  0 
BRM_Henrik 

Joined: Dec '10
Location: Denmark
Age: 28 (M)
Posts: 132
Nope Sad

Whistle has been blown for the last time, and the system is sadly over. 11 bets won in a row and a profit of 246 euroes before it all went down in the drain.

It was fun while it lasted and 11 bets in a row is still quite good!

If anyone would like to give it a try, please continue in the thread! I would love to see, if anyone can beat my 11 in a row! Big Smile

     
  21-Apr-15, 18:32   #33
  +1 
Mober 
Joined: Mar '09
Location: Greece
Age: 42 (F)
Posts: 13916
Not bad for a result. You could have taken the 100 at some point, leaving you with your capital
after a loss, or giving you the chance to start all over again Smile
But it was better losing now than later on, where the money would have stacked to a considerable
amount.

     
  21-Apr-15, 23:17   #34
  0 
superthight 

Joined: Jan '13
Location: Philippines
Age: 53 (F)
Posts: 857
dont know how to start this thing i need help

     
  22-Apr-15, 03:16   #35
  0 
arsenej1 

Joined: Mar '09
Location: Canada
Age: 31 (M)
Posts: 3194
If pokerstars ever opens up there casino to Canadian users and offer betting ill definitely havta give this challenge a go. Seems interesting and something to keep me on my toes

     
  22-Apr-15, 06:00   #36
  0 
BRM_Henrik 

Joined: Dec '10
Location: Denmark
Age: 28 (M)
Posts: 132
@Superthight

It's quite simple. Use one of the links up in the news article, it will take you the best bookie for this experiment. When you are there, you just have to sign up, make a deposit and start betting on those low odds! Smile

     
  22-Apr-15, 06:28   #37
  0 
Willid88 
Joined: Feb '14
Location: Mauritius
Age: 29 (M)
Posts: 103
Please try again but go for something like $10 - $10k in x bets.

     
  22-Apr-15, 07:38   #38
  +1 
marqis 

Joined: Sep '10
Location: Netherlands
Age: 51 (M)
Posts: 1647
Why not 200 in a row? That way you'll have a cool $19 billion (that is $18.990.527.646) from just $100...
Sorry for being sarcastic, but unless you can have an edge that makes these games +EV for you, you're most likely to lose money in the long run.
I don't know, maybe that is possible in sports betting, by knowing the odds better than the bookmakers, enough to beat their margin?

Do bookmakers sometimes offer +EV odds just to even out bets on a really popular team, so they won't lose whatever the score ends up being? I that case there may be a way to profit due to many other player's bad decisions, just like in poker... It would surprise me, I would think bookmakers from different countries/cities would cover each other, so both would be guaranteed a steady profit, whatever may happen.

     
  22-Apr-15, 08:02   #39
  0 
pochui 

Joined: May '08
Location: Lithuania
Age: 35 (M)
Posts: 10090
was hesitant a bit bout this system, since $1 million is just peanuts for me, however now that marqis pointed out the possibility rake in cool $19 billions... i'm gonna give this a shot- those billions would put me somewhere in the list of top 100 of richest dudes in the world, which i believe i belong to right from the birth.

     
  22-Apr-15, 09:03   #40
  0 
BRM_Henrik 

Joined: Dec '10
Location: Denmark
Age: 28 (M)
Posts: 132
I didn't tried this system to have a +EV. I knew from the start, that every single odds would be -EV at least the most of them. This system isn't any different to lottery, EuroJackpot and Slotmachines. The house has the edge, but with a golden spoon in your butt and a lot of luck, you can win big money.

I didn't started this system believing that i was going to be a millionaire in a couple of days, but ofc. i was hoping to beat the odds, like people playing in the lottery. I just think this way is more fun and interesting for me, since i love sports and I can choose my own matches at my own pace Smile

     
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