Posted: 12/27/2008 12:22:13 PM EDT
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I know there's a ton of these out there, so post what you've got.
I have never sent money to a Get Rich Quick ad in the back of a magazine, but I suspect that the "How to make easy money" booklet you get for your $8.99 + $3 S&H has one sentence in it: "Take out your own ad, moron." You know the old "If I give you a penny today and then give you two cents tomorrow and I continue to give you double the prior amount for a month, how much money would you have in 30 days?" Well, the answer is surprising - over $10M. Taking that principle to the extreme, how does this sound: Start with $100. Bet it straight up on something you feel confident about. If you win, bet again. Keep doing the double-or-nothing thing. If you can get five in a row, you've got $1600. Put $600 aside and start over, this time with a $1000 starting wager. You're going to have to go to Vegas or someplace, because your local illegal sports book isn't going to want to go double-or-nothing on $8K. If you can pick 5 more winners, you'll have $16K. Put the 6K aside and do it again, this time with a $10K opening bet. You get the idea. If you can get to 5 wins, you've got $600 taken off the table that you could use to try again six more times. The hard part would be having the balls to go double or nothing when you've got a big stake. You have to convince yourself that it's only $100. If you could somehow manage to pick 25 winners in a row, you'd have $1,666,600 before taxes. Do you feel lucky? |
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Quoted:
Quoted:
The odds of winning a 50% game 5 times running is 3.125%. Moral of the story? The quickest way to get rich is open a casino. thank you I'm not talking about betting black/red at the roulette table here. Personally, I'd bet on sports and I'd be patient about picking the games I bet on. You can bet on all kinds of crazy shit - over/under on individual stats, against the spread, whatever. You'd just have to make bets that paid out even money. For example, ESPN had a Streak for the Cash promotion going on and at least one guy got to 25 consecutive wins in a single month. He didn't have to bet a dollar and won $1M. Lots of people had streaks into the teens. I think my best was 12 consecutive wins, but I was picking at least one contest every day––even when I wasn't particularly confident in my pick. I'm sure I could have done better if I'd been more picky with the matchups I chose to bet on. I am also quite aware that there is no reliable way to get rich quick. If there were, we'd all be doing it. |
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Best get rich scheme I have seen is become the CEO of a major financial institution, make tons of bad loans in the billions of dollar range, have uour business implode thereby threatening the US economy, convinve Congress that a socialized bailout to the tune of billions is the way to go, grab said money and use it for executive bonuses, etc, and then when people ask where did the money go tell them to get stuffed as nothing in the bailout package saids they have to account for it.
Congress- Epic Fail Financial Institutes- EPic Win as they laugh all the way to a $300,000 week executive retreat in their private jets US Taxpayer- Epic cornhole |