I was born and raised in the Western region of Vietnam. Being an ordinary person, although my childhood was somewhat impoverished, I had to make a living by doing various jobs such as selling ice cream, collecting bottles, or even shining shoes at local markets when I was just 15 years old. Sometimes, I asked my father for money, but I never received any. Life was tough, but I was someone who desired wealth, who wanted to escape poverty. I made a firm decision to pursue the path to riches and promised myself never to give up until I achieved success.
Starting with only 2 million in my bank account, I have now become a millionaire, an investor, partner, and advisor to over 20 million-dollar businesses in the United States. It can be said that I have succeeded beyond measure, whether you want to become the next one is up to you.
The desire for wealth always burns within me.
To achieve success, I had to experience initial failures.
In my early twenties, I lived in five different cities, worked in many common professions. As an ambitious and forward-thinking person, my goal was to succeed with my own company and become wealthy. But in the end, no matter what I did, no matter how hard I worked, I still didn’t get the results I expected.
In 2016, I started with the field of online business.
With a simple building process, not requiring too much capital to start as well as taking advantage of the development of media channels to sell online products such as Facebook, Zalo, Tiktok, Website, … contributing to increasing revenue efficiency. Therefore, selling online became my target.
The beginning was quite favorable, but gradually, as the competition became fierce, I couldn’t achieve my goal. Eventually, I decided to give up this field after two years of perseverance and effort. If you really want to invest, I think you have to spend a lot of time and effort researching the market as well as customer needs.
My entrepreneurial journey has been full of ups and downs.
After the failure in online business, I ventured into the highly promising world of cryptocurrency Forex trading
Engaging in Forex trading brought in significant profits, albeit being very challenging to manage and operate, especially because I lacked experience and knowledge in this field. However, the results of investing in Forex were undeniable. In a short period, I earned a substantial amount of money, surpassing my expectations. But then, I made a catastrophic mistake.
At that time, what caused many traders in Vietnam, including myself, to go bankrupt or suffer losses in Forex investment was excessive greed and the inability to control emotions, leading to inaccurate buying and selling decisions. I became greedy, expecting prices to rise even higher, and fearing to miss out on selling opportunities when prices were at their peak. Eventually, I refused to sell at higher prices, hoping for even higher ones, but the prices plummeted, and I officially lost my account, returning empty-handed.
Despite numerous failures, I never lost my determination
After a period of discouragement, I picked myself up and delved into the real estate market
Despite the shock of seeing all my efforts go in vain, I didn’t let it dampen my ambition for wealth. Starting with a new project, I officially ventured into real estate.
Beginning the project, I had to borrow money from various sources, delve into industry knowledge, and understand the market. However, despite having a clear investment plan, avoiding impulsive buying and following the crowd, I made a fatal mistake, which was investing all my money into a single project, what insiders in the industry often refer to as “putting all your eggs in one basket.”
While the market was stable, my income remained steady and showed significant progress, but one day the market took a downturn. It was then that I realized the consequences of having too much of my assets tied up, making it difficult to escape. Once again, I faced a more devastating failure than ever before (debt, family, home…) gone in an instant.
I always pondered, “What causes my fate to always end in failure?”
After the ups and downs, I officially returned to live with my parents in the countryside, seeking solace away from the crowd. Everything seemed to turn its back on me until one day, while browsing through stories, ideas, and profound insights of successful entrepreneurs, I stumbled upon an article by “Henry Martingale,” the owner of a large casino in England and a gambling king in the 18th century… One of his quotes resonated with me the most, “Discipline is more important than genius.”
That quote gave me the determination to regain everything I had lost; I wouldn’t be as vulnerable as before. I began accessing the internet and researching Henry Martingale’s Martingale System.
Returning to the countryside helps me find peace of mind and discover new methods
My journey helped me earn 30 million VND per month thanks to the Martingale System method
Initially, when researching, I understood the basic principles of the Martingale System, which can be applied to various fields such as financial investment, cryptocurrency, forex, sports betting, and gambling. As I delved deeper into my studies, I realized that this method is highly regarded by gambling experts, ensuring a 100% profit. As a man with a passion for football, I decided to apply the Martingale System to sports betting.
First, I needed to find a reputable bookmaker to implement my plan
During my college years, I had bet on football once or twice, usually at coffee shops or through text messages to bookies, but this wasn’t proactive. So, to optimize my approach, I decided to register for an online betting account. This seemed simple but was quite challenging without experience. Joining a sports betting forum on Facebook, I was approached by someone claiming to be an agent for a reputable bookmaker, offering advice and incentives to join. Lacking experience, I trusted them and created an account with their help, depositing 10 million VND to start betting. After placing a few bets, I decided to withdraw my money, only to realize I had been deceived—the deposited funds were non-withdrawable. Despite seeking assistance from the bookmaker’s customer service, I received no response, leading to a loss of part of my limited capital.
Today, the online sports betting market in Vietnam boasts numerous brands competing fiercely for player participation, including thousands of fraudulent bookmakers operating under various guises, becoming increasingly sophisticated. Therefore, choosing a reputable bookmaker is far from simple.
To avoid falling at the first hurdle, I scoured the internet to find a trustworthy bookmaker. Seeing many positive reviews for the W88 platform, I decided to register for a trial account there. As I share my wealth-building strategies, I continue to play and earn a few million VND each day from this bookmaker. At this moment, I feel fortunate to have chosen the right platform for sports betting.
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Here are the Top 5 most reputable online betting brands in Vietnam for 2023, as voted by the player community.
Implementing the Martingale System in sports betting
After selecting a bookmaker and successfully depositing funds, I began implementing my Martingale System strategy but still encountered many challenges in managing my capital. I wasn’t sure how much to bet or which matches to wager on, given the multitude of choices available. If I bet based on intuition alone, I would surely fall into my own trap.
Maintaining a strong mindset and staying vigilant throughout the betting process, coupled with having a stable job and a relatively decent salary to allocate a portion towards this game, were the scarce factors that contributed to my success. Below are the steps that helped me achieve my goals during this time.
The first and most important thing is to consider this as an investment for making money; never allow yourself to think of it as mere gambling. Only with this mindset can you develop a rational plan and strategy.
Setting aside negative thoughts, I embarked on a new plan
Finding a way to allocate capital for winning bets and achieving the highest win rate is crucial
The next challenge I needed to address was determining how many times to double the stake in each streak and the maximum number of matches to be suitable. This is the key to success in this method. If the streak is doubled too few times (for example, 3 matches), the risk is relatively high. It’s normal to lose continuously in a bad day with just 3 bets. On the other hand, if the streak is doubled too many times (8-10 matches), the profit is minimal, requiring a large capital, which I couldn’t afford at the time. To find a suitable formula, I conducted trial bets with a small amount of money per match (100,000 VND). From my experience of many failures, I found that if you select 5 matches to double each day, your winning rate is almost guaranteed to be 100%. So why should each streak consist of 5 matches? It’s not arbitrary; there are reasons behind it.
For example, consider this: in the last 10 matches, Manchester City’s likelihood of scoring over 2.5 goals is 70%. In the past 30 matches, there hasn’t been a streak of 5 consecutive “under 2.5 goals” games for Manchester City. This means that if Manchester City is playing, and you double your stake on the “over 2.5 goals” option for 5 matches, you’ll surely win one, resulting in profit.
Another example: I have a coin with heads and tails. I’ll toss it 5 times continuously, and I’m confident that at least once it’ll land on heads. If you don’t believe me, try it with a coin yourself. Coin tossing is entirely random. Of course, when choosing 5 matches, we won’t randomly select; there will be thorough research, increasing the winning rate even more. Similarly, in a streak of 5 matches, there’ll definitely be at least one win. Just one win is enough for profit.
Therefore, a streak consisting of 5 doubled bets is the most optimal. To allocate capital appropriately for a streak of 5, I divide the total capital I have by 31 to get the starting stake.
For example: I have 31 million VND. So, the amount I’ll bet on the first match is 31/31 = 1 million VND per day (which is also the profit you can potentially earn each day).
Below is the statistics when using the Martingale System (doubling bet) for 10 days.
Having established a formula and proper capital allocation, I continued to explore ways to select bets for the highest win rate.
To choose 5 matches each day, I followed the following formula. I selected 5 bets with the highest win rate, labeled X1, X2, X3, X4, X5, spaced approximately 2 hours apart. Each bet had to have odds greater than 0.90 (this ensures profit when reaching X4 or X5). After many years of implementation, I have always adhered to the process outlined below.
To avoid staying up late and affecting my health, I always started X1 between 5 PM and 7 PM. This way, even in the worst-case scenario up to X5, it would end by 1 AM. Of course, the earlier the wins, the better. To increase the win rate, you need to have knowledge of football and a solid understanding of odds analysis, as well as monitoring the odds fluctuations of each match. Never have the mindset that selecting any 5 matches will guarantee at least 1 win; this involves money, and you shouldn’t play around with it.
I always keep in mind the saying: “Investing without knowledge is gambling, gambling with knowledge is also a form of investment.” This is a highly profitable form of investment. In essence, it’s no different from investing in stocks or forex if you’re putting money in to earn profit. The key is to minimize risk to the lowest possible level to achieve successful investment. If you’re unable to choose bets, it’s best to find a good football tips website and bet based on their recommendations. One excellent football tips website you can consider is soccertips.net, which is currently the world’s number one football tips provider. It particularly has a series of soccer tips tailored to the Martingale System method, which is suitable for the approach I’ve outlined.
To help you better visualize, I’ll analyze the Henry Martingale betting strategy. With the goal of earning 1 million VND per day and the current capital of 31 million VND, I placed bets according to the following schedule:
Note: Only play one streak per day. When there’s a profit at any “X,” we’ll stop the plan and not place bets on subsequent matches.
The most important principle when playing Henry Martingale is: Stop where you win, don’t be greedy or sentimental. Don’t stuff or chase losses.
X1 bet 1 million VND. If win, stop => Profit achieved, goal completed. If lose, bet X2. X2 bet 2 million VND. If win, stop => Profit achieved, goal completed. If lose, bet X3. X3 bet 4 million VND. If win, stop => Profit achieved, goal completed. If lose, bet X4. And so on, each X doubles the previous X. Stop where you win. With the Martingale System, reaching X5 and losing is very unlikely and almost impossible, ensuring you can earn 31 million VND per month. According to my statistical data, over 80% of streaks win at X1 and X2.
And here are the results I’ve achieved
With this special method, I’m confident that I can earn a few million dong every day without worrying too much as before.
Finally, I’ve found the secret to enriching myself
Nothing comes easy, and you won’t achieve the success you desire overnight. Everything requires time and experience. I’ve spent about 6 years to get to where I am today.
As of now, I’ve earned nearly 400 million dong in profit after one year of applying the Martingale System. I used the winnings to regain what I had lost, including my home and vehicles. And the driving force that kept me tirelessly striving was to have a small shelter of my own. With surplus funds, I invested in other areas to diversify my income sources. Every day, I remained persistent and disciplined, gradually becoming a successful individual in society, building a peaceful life that everyone dreams of.
After persevering and striving, I finally found the path to success
Dreams never betray those who strive
This quote resonates deeply with me from a book I once read. It has continuously encouraged me to rise again after every stumble, and fortunately, in the end, I reaped the sweet fruit of success. Every effort and moment spent has been meaningful to me. Thank you for listening to my sharing. I hope this story can become a source of inspiration for you to overcome obstacles and difficult times in life, and continue your journey towards achieving your own dreams
