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10. Dummies Guide To Doubling Money 2 - Amazon Web Services

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Page 1: 10. Dummies Guide To Doubling Money 2 - Amazon Web Services
Page 2: 10. Dummies Guide To Doubling Money 2 - Amazon Web Services

This2ndeditionpublished2019followsthe1steditionof2014.Copyright©2019FrancisKingsley-MeyerLongrenownedastheauthoritativesourceforself-guidedwealthwithmorethan50,000copiessoldworldwide,DoublingforDummies:AFool-ProofStrategytoMoneyDoublingisaregisteredpublicationbyImperialLiteratureWorldwide.InUK:allrightsreservedapartfromanypermitteduseunderUKcopyrightlaw,nopartofthispublicationmaybereproducedortransmittedinanyformorbyanymeans,electronicormechanical,includingphotocopy,recording,oranyinformation,storageandretrievalsystem,withoutpermissioninwritingfromthepublisherorunderlicencefromtheauthor,MrFrancisKingsley-Meyer.Furtherdetailsofsuchlicences(forreprographicreproduction)maybeobtainedfromtheauthor.TypesetbyMBSLimited,AILWCompany.PublishedinGreatBritainforWealthEducation,ACurzonUKCompany,London.Thepublisherhasuseditsbestendeavourstoensurethatexternalreferencesinthispublicationarecorrectatthetimeofgoingtopress.However,thepublisherandtheauthorhavenoresponsibilityforsuchreferences.ForUKorderenquiriespleasecontact:support@doubling-for-dummies.comDetailsaboutthetitleandhowtoorderareavailableatwww.doubling-for-dummies.com0043594SD-574

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DoublingforDummies:AFool-ProofStrategyforMoneyDoublingByFrancisKingsley-Meyer

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CONTENTSi)PROLOGUE…………………………………………………………………………………………………………………………………………….....1ii)THEMARKET…………………………………………………………………………………………………………………………………………..2iii)THEMATHEMATICSOFBOOKMAKING……………………………………………………………………………………………………3iv)THESTRATEGY……………………………………………………………………………………………………………………………………….4v)THESTAKE………………………………………………………………………………………………………………………………………………7vi)EPILOGUE……………………………………………………………………………………………………………………………………………….8vii)REFERENCE………………………………………………………………………………………………………………………………….………..9

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i)PROLOGUEIthasbeensaidthatthebestwaytodoubleyourmoneyistofolditinhalfandputitbackinyourpocket.Wisewords,butweallknowthatlifedoesnotworkthatway.Giventhechance,manyofuswouldlovetotrytodoubleourmoney.Einstein’sruleof72however,statesthatbankedwithaninterestratesetat10%,itwilltake7.2yearstodoubleyourmoney.Thismeansthatthebanks,stocksandbondsarefarfromyourbestbet.Thefollowingreporthasbeencompiledbyexpertstatisticians,professionalgamblersandself-mademillionairestohelpyoudoubleyourinvestmentasmanytimesasyouwishfortherestofyourlife!Soifyouarefedupofstingyinterestrates,slowreturnsinthemarket,notenoughcapitaltoinvestinpropertyoryousimplyjustwanttoincreaseyourbankbalanceandstartlivingthegoodlifethenthesemoneydoublingtipsareforyou!Allowmetoclarify…Thissystemworksinthesamewayasanyinvestment–returnsystemdoesinthatyoumakeafinancialinvestmentforittobereturnedplustheadditionofprofit.Theamountofprofityoumakedependsonthelikelihoodofthateventandtherearecompaniesandfirmspayingoutthousandsuponthousandstoskilledstatisticianstodeterminesuchlikelihoodsandproducesuitabledataandoddsasitwere.Now,itisagreedthatthegreatertheriskthegreaterthereturnandthereforeinordertogainreasonablereturnsforyourinvestmentyoushouldincreasetheriskandthereforethechancesoftheeventoccurringaresubstantiallyreduced.Forthisreasonitisfavouredbymosttoachieveatinypercentageinthepropertymarkets,equity,banks,stocksandsharesetcandnotseeyourmoneyyearafteryearforanaverageyieldofjust10%acrossallfields.AndasEinsteincorrectlyassumes,investmentusingthisstrategyshouldseeyoueventuallydoubleyourmoneyaftermorethan7years.However,thereisanotherway.Andbyfollowingthestrategywithinthisreportyouwillseeexactlyhowyoucandoubleyourinvestmentasmanytimesasyouwisheachdayandyouneedneverworkagain!SoifyouaresittingcomfortablythenI’llbegin…

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ii)THEMARKETBeforeIdiscussthestrategyandsimpletofollowformulaallowmetoexplainthemarketyouwillbeinvolvedin.Itisknownsimplyasthetrilliondollarindustryandhaspaidoutmorethan£32bninwinningspeopleovertheyears.Itisregulatedandcontractsvariousintegrityfirmstomonitorbettingonsome55,000matchesayear,runningalgorithmswhichcover350globalbookmakers.Oursegmentofthisindustryprimarilyconcernsitselfwithafewfootballmatchtradingmarketsandcarriesvulnerabilitylevelsevenlowerthanthatofthesecurestglobalstockexchanges.Thisiswhatmakesthesystemsosuccessfulandachieveunprecedentedrisklevelswithinthe0.00-5.00%bracket(aslowassomebanks).Ifyouwanttomakegoodprofitonanymarketyouhavetogivemorestresstowardsmakingqualitytradesinsteadofdoingahigherquantityoftrades.Thekeyforgreaterreturnisincreasingtheamountoftradesthatwillproduceprofit.Unlikeanyothermarketwedonotneedtoresearchwelltochoosethestocksandfindouttherightentrypoints.Weareneverpanickedbyrumourswithinthemarketcontextorconcernedwithstockssellingoutandthereforehavingtopurchaseinahurryorfailingtoobtainthebestreturns.Anyonewhohasinvestedinstocksthathaveproducedadecentreturn(anythingover10%)willbehappytoknowthereturninthemarketusingthisstrategyisnotonlysignificantlygreaterbutalsodoesnotconcernitselfwiththenotionthat‘youshouldselltheminportionstowaitandwatchifyoucangetsomemore’.No,thisisnothowourmoney-doublingstrategyworksatall.Itisforthisveryreasonthatthereissomethingabouttheideaofdoublingone'smoneyonaninvestmentthatintriguesmostinvestors.It'sabadgeofhonourdraggedoutatcocktailparties,apromisemadebyover-zealousadvisors,andaheadlinethatfrequentsthecoverofsomeofthemostpopularpersonalfinancemagazines.Wherethisfixationcomesfromisanyone'sguess.Perhapsitcomesfromdeepinourprovisionalpsychologyormaybeit'ssimplytheaestheticsideofusthatprefersroundnumbers-sayingyou're"up87%"doesn'tquiterolloffthetonguelike"Idoubledmymoney."Fortunately,doublingyourmoneyisarealisticgoalthatweshouldallbemovingtowardandhereishowtodoit…

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iii)THEMATHEMATICSOFBOOKMAKINGVariousstudies,researchandtestinghavebeenexercisedintheformulationofthedoublingprocessyouwilldiscoverwithinthisreportandallrevealpatternsapplicabletomarketwhereriskissimplyanoverviewofanindustrylacedwithvariouspermutationsandspecialsmarketthetraderisalmostcompletelyunabletocontrolbyanydegree.Whatwemustlearntodoisnotonlytradedifferentlybutalsotoadaptourpathologicalbehaviourtoseeksmallerrewardbutconsistencywhichwillbethekeytoyoumakinggoodmoney.Thiscoherencewillenableyoustarttorealisethestatisticsandoddsthatareprovidedtoyouonanybettingslipareinfactcalculatedandindeedregulatedbystatisticianswhoutilisethehundredsofpiecesofdataattheirdisposaltoappropriatelyanalysethelikelihoodofagiveneventoccurring.Thismeansyoualreadyhavetheworkingsinfrontofyou,thenecessaryhomeworkhasbeendone!Thisisnotsimplyassumptionsonthemarketoraslightdegreeofinsideinformation,thisis,asdefinedinTheHistory,Theory,andPracticeofBookmaking(Sidney2003)anintrinsicevaluationofthepreviousandcurrentformtoproducearealisticlikelihoodofaneventoccurring.ThereareofcourseotherfactorssuchasIn-Playoddsareirrelevanttothistheoryandthebookmakerskeepoddstowithin20%oftheirfavourtoavailaprofit,willinvariablyreduceodds;considerthesimplestmodelofreducing,whichusesaproportionaldecreasingofoddsbutapplyingtherulesweareabouttoseetotherelevantmarketsisexactlyhowyouwillmakealotofmoneyandfast!

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iv)THESTRATEGYInthesamewaythefastlaneandtheslowlaneeventuallyleadtothesameplace,therearebothquickandslowwaystodoubleyourmoney.Whileslowandsteadymightworkforsomeinvestors,othersmayfindthemselvesfallingasleepatthewheel.Pleasepaycloseattentiontothissectionofthearticleasitcontainsimportantinformationwhichmustbefollowedifyouaretobeefficientindoubling.Theartofmoney-doublingisusingtheoddstoyouradvantagebyselectingrelativelylowoddstomakethedoublemark-ifyouareinterestedinsafelydoublingyourmoneyeachandeverytimegreedshouldneverhaveapartinthis.Inpairingafewgoodbetsweeffectivelyincreaseourreturnsintheformofanaccumulator;forthosenotaware,withanaccumulatorbet,youneedallbetstowininsteadofbettingonsingleoutcomes.Theoddsaremultipliedaseachselectionmustbesuccessfulhowever,aswearealreadycoveringourtradesthentheriskstayslittle.Thetrickistopickupto3selectionswherethemultiplicationofoddswillproducea100%returnoninvestment–basicmathematicsIamsureyouwillagree.Itisveryimportantnottoaimabovethisreturnasthestrikeratewillbeadverselyaffectedandcouldresultinlosses.A100%returnoninvestmentisverygoodindeedbystandard,especiallywhenweseetheratesfromalternatemethods,soitisimportantnottoallowvoracitytooverridethestrategy.Youwillfindthatyourtradeskeepreturningmoreandmoresothisiswherecontrolisnecessarytoavoiddisappointment.Asthoseofyouwhofollowmyselectionswillgoontolearn,thereareothermeasuresthatcanalsobeimplementedinordertoreduceriskbuthavingmadeanoteoftheabove,theonlythinglefttobediscussedisasensiblestakingplan…

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v)THESTAKEThefollowingstakingplanscanincreaseyoursecurityandprofittenfold.Itisrecommendedthatyoutestthemouttoseewhichisbestsuitedforyou…LevelStakesThisplansimplyinvolvesbettingthesameamountoneverybet,whatevertheodds,andhowevermuchprofitorlossyouhavemadewithpreviousbets.Therearenostrictrulesastohowyoushouldcomeupwithyourfixedstake,butatypicalamountmightbe5%ofyouroriginalbettingbank.So,ifyouarestartingwithabettingbankof£200,yourfixedstakewouldbe£10.Thisplanisthesimplesttofollowandeasiesttoimplement.PercentagePlanThisplaninvolvessettingyourstakeasapercentageofyourongoingbettingbank.So,ifyoustartwithabettingbankof£500anddecidetoalwaysbet5%ofyourbank,yourinitialstakewillbe£25.Ifyourfirstbetwinsatoddsofevens,leavingyouwithabankof£525,thenyournextstakewillbe£26.25.However,ifyourfirstbetlosesthenyournextstakewillbe£23.75.Thisincreasesyourprofitsduringwinningruns,withgreaterstakesmeaningmoreprofit,and,withreducedstakesduringlosingruns,itwouldtakealotoflosingbetstowipeoutyourbettingbank.FixedProfitTheprevioustwoplansdon'ttakeintoaccounttheoddsofindividualbetsandinbothcasesyouwouldberiskingthesamestakeona1/4shotasyouwouldona20/1shot.Thisplandoestakeintoaccounttheoddsandcalculatesyourstakebasedonafixedamountthatyouareaimingtowinwitheachbet.So,ifyouhavesetthisat£10andyournextbetisatoddsof4/5,thenyourstakewillbe£12.50.Iftheoddsare3/1,thenyourstakewillbe£3.33.FixedPercentageProfitThisplanisbasicallyacombinationoftheprevioustwoandinvolvesyousettingeachstaketotrytowinanamountthatisapercentageofyourongoingbettingbank.So,ifyouhaveabettingbankof£400andyourfixedpercentageprofittargetis5%,thenyouwillbeaimingtowin£20.Therefore,ifyournextbetisatoddsof4/6,yourstakewillbe£30.00,whileiftheoddsare7/2,thenyourstakewillbe£5.71.MartingaleThisisasystemthatisoftentalkedaboutincasinobetting,andinvolvesrepeatedlyincreasingyourstakesuntilyougetawinningbet.So,let'ssayyoustartwithabankof£100andbetjust£2atoddsofevens.Ifyouwin,thenyouare£2inprofit.Ifyoulose,however,thenyoubetagain,settingthestakesothatyourecoveryourpreviousstakeandachieveaprofit.Ifthisbetalsoloses,thenyourepeattheprocess,againincreasingthestake,untilyougetawinningbetandachieveaprofit.Intheory,thisplanshouldalwaysproduceaprofitasawinnerwilleventuallycome.However,thisisonlytrueifyouhaveanunlimitedbettingbank,anditdoesn'ttakemanylosingbetsbeforeyouareriskingverylargestakestowinarelativelysmallamountofmoney.Forthisreason,werecommendthatthissystemisneverused.Whatisthebeststakingplan?Therearemanymorestakingplansthanthoselistedabove,andstakingplanscanalwaysbeadaptedfurther(e.g.increasingyourstakewhenabetoffersmorevalue)sothatyoucancomeupwithyourowncustomone.

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vi)EPILOGUEByfollowingthisstrategyyouwillfindjusthowquickandeasyitcanbetodoubleyourmoneyandsoonenoughyouwillbeonthepathtofinancialfreedom.Eachdaythatpassespresentsitselfwithanewopportunitytodoubleupandwithhundredsofsportsbetseachandeverydayyou’llbemakingbigmoneyinnotime.IfImayjustadd,itwouldbehighlyadvisabletosetyourselfatargeti.e.foreachmonthandaforecastbaseduponthis;youmustunderstandthatwhilstyouonlygetbackwhatyouputin(quiteliterallyinthisinstance)itisofimportancethatthisstrategyisusedforgrowingwealthandbythatIamimplyingthatyoudonotinvestmorethan10%ofyourwealthatanygiventime.Setalimit,stickwithitandyouwillfindyourlittlemoneytreehasgrownintoawoodlandandisfastbecomingamightyforest.Thisstrategywillchangeyourlifeandhowitdoesisentirelydowntoyouyourself.IwouldliketothankyouallfortakingpartinthisprojectandIwelcomeyourthoughtsandfeedbackanytime.Pleasefeelfreetocontactmepersonallytoletmeknowhowarefindingthestrategy,youmayreachmeat:support@doubling-for-dummies.comImustadviseyoutoexercisediscretionwiththisservice.Itisforourmutualbenefitthatcopiesarenotcirculatedtoavoidnarrowingtheoddsforallinvolved.Bookmakersdofollowtrendsandhavequotastofillandwewouldn’twanttoloseourgoldengoosenowwouldwe!Anddon’tforget,ifyouwouldliketofollowthebetsIplacedaybydaysimplysendmeanemailandIshalltakecareoftherest…BestofluckinallthatyoudoYoursTruly

F. Kingsley-Meyer FrancisKingsley-Meyer

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vii)REFERENCETheDoublingforDummies:AFool-ProofStrategytoMoneyDoublingpublicationwouldnothavebeenpossiblewithouttheworkingsoffellowmathematiciansandtheoristsinthefield.Exceptionalgratitudemustbeexpressedfortheprecedentialcontentofthefollowingworks:“TheArtofLegging:TheHistory,Theory,andPracticeofBookmaking”Sidney,C(2003).“SecretsofSuccessfulBetting”,MichaelAdams,Raceform,2002."OddsThatDon'tAddUp!",MikeFletcher,TeachingMathematicsanditsApplications(1994)"Information,PricesandEfficiencyinaFixed-OddsBettingMarket",PeterF.Pope,DavidA.Peel,Economica(1989)

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