Turning 30 GH₵ Into A Small Fortune With A Little Bit Of Luck

| 13.07.2020
Turning 30 GH₵ Into A Small Fortune With A Little Bit Of Luck

Turning 30 GH₵ into a small fortune with a little bit of luck

The get rich scheme. We have all come across them. Maybe you have even bought into one or two of them. The plan on how you can quickly turn $100 into $10,000 or more by selecting the right stocks. The plan on how you can flip houses to make $300,000 in just four months. These are just the tip of the iceberg.

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All of the strategies sound great, but the reality is that the only person who gets rich quickly off them is the person who sold you on the strategy. P.T. Barnum once said that “there’s a sucker born every minute,” and these people are counting on you to be one of those suckers.

So, I Can’t Get Rich Quick?

While the vast majority of these ideas are nothing but garbage, the truth is that some ideas can help you turn a very small amount of money into a small fortune in a very short period of time. I will say up front that it is going to take some luck for you to be successful, but it is not all about luck. Using the right kind of strategies and employing them intelligently can help you reach your financial goals. They can even help you turn 30 GH₵ into a small fortune quickly.

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Start with a Daily Long Shot

One piece of advice I like a lot is to look for the daily long shot. You should not make more than one of these each day, and they should not be over the top in terms of odds. Instead, look for the wager where it is a 1:10 shot or right around those odds.

Just to give you an idea, if you made a bet like this starting with 30 GH₵ on day one and are successful every day, you could quickly turn that amount into nearly 362,000 GH₵ in 90 days. You would indeed need to be right every day, but you could hit that mark with a little luck.

You do not need to have that kind of success, however. You likely realize that it is nearly impossible for you to be right every day for 90 straight days. However, consider that even being right 50% of the time can turn that into 100,000 GH₵ or more.

If That Works, Go with Bigger Odds

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Before proceeding any further, I know that there is a propensity to think that if you can be successful with odds like 1:10, then why not go for bigger odds, like 1:20 or even more? It is a good question.

You can be successful at least 50% of the time on 1:10 wagers if you choose the right kind of contests and get a bit of luck. However, it is exceedingly difficult to continually hit on 1:20 odds if at all. What you are likely to find is that you are only going to be right on one of these types of bets, one out of every seven or eight times at best. You are not going to be building up a small fortune with that many failures.

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Be Knowledgeable

This is an important piece of information to keep in mind. While you are looking for the long shot to be a winner, that does not mean that you should not do your homework. The way that you are going to have greater success in choosing winners on these kinds of longshots is by knowing a great deal about the sport or event you are wagering upon.

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Let me give you an example. Let’s say you are betting on football. You may know that one team is far better than another. The second team is barely deserving to be in the same league with the first team. Everyone gets that.

However, the coach of the first team has some sympathy for his counterpart. He may know him personally or just does not like to run up the score. If his team is favored by three goals are more, he may let up just because of his compassionate nature. If you do not know that dynamic, you are missing out on a potentially successful long shot. So, know about your sport so that you can find these kinds of bets.

Bet Smart

Go with the Unusual Contest

Besides betting on the long shot in contests, you may want to look for some games where the result is a longshot in and of itself. One such contest is the game that finishes 0-0.

This is not a common outcome for games in most leagues. Because of this, you are likely to find that the payout for such a contest is quite good. You might get some great odds of 1:20 or 1:30.

This may sound like such a longshot that it is not even worth trying, but this is where doing your homework can payoff. There are some teams that are challenged offensively. They don’t score a lot of goals. Look for those games where it is two teams that are pitted against each other who are struggling to score. The contest is likely to be low-scoring, so why not try to wager on a scoreless game?

Don’t just limit yourself to these games, however. Another contest you want to pay attention to is one where to heated rivals are battling. Because of the loathing, the two teams have for one another, this often will keep scoring low. That’s a contest where you can find a likely 0-0 result as this is usually a very tense contest where neither team takes many chances.

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Find the Right Odds

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You are indeed going to need quite a bit of luck to turn this small amount of money into a big pot. It is not impossible, however. By doing a little research and choosing the right kind of wagers, you can find yourself reaching your financial goal. It can turn things around for you. And we will help you make money by providing you

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