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How to win the $10 to $10k sports betting challenge: The strategy to double your chances of winning
Updated: | First published:
Written by Nick Slade, Chief Content Officer
Reviewed by Jason Bevilacqua
We asked our data analyst to answer the following question: What is the best way of winning the $10 to $10k challenge? The answer was simple.
The $10 to $10k challenge - also known as the ‘Ladder Challenge’ - is the Mount Everest of casual sports betting. The concept is simple: start with a small bet, typically $10 at +100 odds, then roll the winnings over daily until you hit the $10,000 target, which usually takes 10 winning bets.
It's a huge feat, but conquering it is really hard. If you want to complete the $10 to $10k challenge, you need a strategy backed by math.
We asked one of our data analysts to crunch the numbers on various popular challenge methods to answer the following question:
What is the best way of winning the $10 to $10k challenge?
What we uncovered is a simple hack that could more than double your chances of success, while it gives you a 100x better chance of conquering the challenge than if you followed the +100 odds 4-leg parlay approach often touted on social media!
How to win the $10 to $10k challenge
The winning strategy is simple.
Our analysis clearly shows that betting single bets at +100 odds is your most effective path to victory in the $10 to $10k challenge. It's the most straightforward method, reducing the risk of a single bad leg in a parlay taking down your entire challenge.
But here’s the game-changing hack: start with $20 instead of $10.
By simply beginning with a $20 bankroll, you effectively remove one day from the 10-day challenge, drastically increasing your odds of hitting the $10,000 mark.
What is the best way of winning the $10 to $10k challenge?
| Bet | Wager | Odds | Return |
| 1 | $20 | +100 | $40 |
| 2 | $40 | +100 | $80 |
| 3 | $80 | +100 | $160 |
| 4 | $160 | +100 | $320 |
| 5 | $320 | +100 | $640 |
| 6 | $640 | +100 | $1280 |
| 7 | $1280 | +100 | $2560 |
| 8 | $2560 | +100 | $5120 |
| 9 | $5120 | +100 | $10,240 |
By cutting the challenge to 9 consecutive winning bets (instead of 10), the probability shifts dramatically:
Standard $10 to $10k strategy:
By starting with $10 and betting at +100 odds, doubling your stake each time, you'll hit the target in 1 out of every 1,700 attempts.
The hack to winning the $10k challenge twice as often:
Since you'll start with $20, you'll conquer the challenge in 1 out of every 806 attempts.
The $10 to $10k strategy to more than double your winning chances
Starting with $20 makes a monumental difference. You’ve more than doubled your chances of winning by starting with just a $10 extra investment.
So, while there are many ways to climb the ladder, the smartest strategy is to tackle the $20 to $10K challenge with single, even-money bets. A little bit of preparation (and an extra ten bucks) can set you up for success!
To give you the most accurate and helpful information, this article has been reviewed and edited by Jason Bevilacqua through our fact-checking process.
Nick Slade, with nearly two decades of experience, is the Chief Content Officer at Cipher Sports Technology Group, overseeing content for Dimers. He specializes in soccer, NBA, and NHL betting, leveraging predictive analytics and machine learning to provide accurate betting insights.
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