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How to turn £20,000 into £1m;

I have a better one for you. How to turn 20cents into $1.5million from your bedroom! Poker/ Trading same thing! - LOL!

James Obst, the Australian teen who's won $1.5m in online poker from his bedroom


NOT many people can say they've earned more than a million dollars sitting in bed.

But that's the case for Australian teenager James Obst, who has become a high stakes poker player after taking up the game at just 14.

Now 19-years-old, Obst has won $1.5 million playing online tournaments in his bedroom.

"Mostly I'm in bed on my laptop,'' said the teenager.

"I've made seven figures in tournaments and I've lost a chunk of money here and made a chunk of money there.

"It's not nearly as glamorous as it might seem. It's harder to think of a more stressful job.''

Obst is a former chess champion who represented Australia at three world junior chess championships in Greece and Georgia.

Friends introduced him to poker during a Victorian chess tour, and he would soon be playing up to 10 hours a day online.

He was in just Year 8 at St Peter's College in Hackney, Adelaide, when he was able to sign up to poker gambling sites.

"They were never too stringent. I think I even made my account in my own name which was pretty stupid, but you just had to say you're over 18," he said.

"As long as you don't become, I guess, well known you get away with it.''

Underage players too young to have credit cards can get money transferred into their accounts through friends on the sites.

Obst started by borrowing as little as 20c at a time and chose the online name AndyMcLEOD after his idol, the Adelaide Crows footballer.


His first major tournament win came at 15 when he won a $10 "rebuy'' tournament, netting him $17,000.
 
But that's the case for Australian teenager James Obst, who has become a high stakes poker player after taking up the game at just 14.

Now 19-years-old, Obst has won $1.5 million playing online tournaments in his bedroom.

"Mostly I'm in bed on my laptop,'' said the teenager.

"I've made seven figures in tournaments and I've lost a chunk of money here and made a chunk of money there.

"It's not nearly as glamorous as it might seem. It's harder to think of a more stressful job.''

Obst is a former chess champion who represented Australia at three world junior chess championships in Greece and Georgia.

Friends introduced him to poker during a Victorian chess tour, and he would soon be playing up to 10 hours a day online.

Seems the 10000 rule comes into play here.

5 years x 365 days = 1825 days x 10 hours day ='s 18250 hours / roughly 50% ='s 10000 hours practice.

:)
 
How many jobs has he had?

Hey, the dishes and taking the rubbish out can be pretty stressful ok, never really know, is this supposed to go in the recycle bin? Are these spoons with the round ends supposed to go with the oval ended ones? Its JUST TOO HARD. :D

Ah but really, good on em I guess :cool:
 
There are people winning lottery each week
maybe one of them will write how to turn $20 into $10 Mil in a week :D
 
And look up threads/posts by the user Ivant to see how to turn 20k into 300k and then back down to $0 :eek::eek:
 
what about this for an idea....

you open a company called the Ass Tickler's Faggot Fan Club. You take an advert in the back page of some gay mag, advertising the latest in Ass-intruding dildos, sell it a bit with, er... I dunno, "does what no other dildo can do until now", latest and greatest in sexual technology. Guaranteed results or money back, all that bollocks. These dills cost twenty-five each; a snip for all the pleasure they are going to give the recipients. They send a cheque to the company name, nothing offensive, er, Bobbie's Bits or something, for twenty-five. You put these in the bank for two weeks and let them clear. Now this is the clever bit. Then you send back the cheques for twenty-five pounds from the real company name, Ass Tickler's Faggot Fan Club, saying sorry, we couldn't get the supply from America, they have sold out. Now you see how many of the people cash those cheques; not a single soul, because who wants his bank manager to know he tickles arses when he is not paying in cheques!
 
what about this for an idea....

you open a company called the Ass Tickler's Faggot Fan Club. You take an advert in the back page of some gay mag, advertising the latest in Ass-intruding dildos, sell it a bit with, er... I dunno, "does what no other dildo can do until now", latest and greatest in sexual technology. Guaranteed results or money back, all that bollocks. These dills cost twenty-five each; a snip for all the pleasure they are going to give the recipients. They send a cheque to the company name, nothing offensive, er, Bobbie's Bits or something, for twenty-five. You put these in the bank for two weeks and let them clear. Now this is the clever bit. Then you send back the cheques for twenty-five pounds from the real company name, Ass Tickler's Faggot Fan Club, saying sorry, we couldn't get the supply from America, they have sold out. Now you see how many of the people cash those cheques; not a single soul, because who wants his bank manager to know he tickles arses when he is not paying in cheques!


Hahaha i have heard that before. But the flaw with that problem is, these people are probably openly gay, so they don't care what the bank manager thinks.

You are truley twisted though.
 
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