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 [WTA] Who is Lau Li Kung?, The most luckiest Malaysian on earth

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TimesOfTrouble
post Dec 4 2020, 12:15 PM

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yea but with top spender competition where you can create more entries with more spending/single transactions, my best guess is that you have to be willing to spend anywhere close to the amount of the prize. Hence in your example you mentioned risking 80k for 100k worth of prize.

If you are capable to risk so much to win 10 cars, your earning from previous winnings must be quite huge for you to sustain your hobby as professional contests winner.
TimesOfTrouble
post Dec 4 2020, 01:06 PM

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QUOTE(mrg220t @ Dec 4 2020, 12:30 PM)
You all always forgot that spend doesn't mean burn the money la. Spend just means buy the stuff, you still get 80k worth of item. Resell at 5% loss then you can roll the money again to increase your chance until 100%.
How come so many people always think those spend money is burn money ya?
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Ok fair. Resell at 5% loss as a 'professional wholesaler'. So his business he declares item bought and item sold at loss? That is a very questionable business practice. If he's not earning hence he is not taxable and since prize money can't be taxable as well then he's gaming the system. Guy somemore claim his BPN???

Organizer should have a rule to ban retailers/whosalers from participating in the event. But then again, it could still be gamed.

TimesOfTrouble
post Dec 4 2020, 01:30 PM

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QUOTE(bereev @ Dec 4 2020, 01:25 PM)
how to know the current amount?  and how many to buy in for win?
lol.....
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For Umobile he can observe the leaderboard, let say he top up 10k and manage to be on the top, next day when the leaderboard updated and if there's someone topped him then he'll probably top up another 10k to top them back.
TimesOfTrouble
post Dec 6 2020, 01:40 AM

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QUOTE(mrg220t @ Dec 5 2020, 09:13 PM)
Sarcasm my ass.
I don't white knight the guy. I cannot tahan sohai ppl who cannot understand how he win and say stupid things.
You wanna complain what he do is unfair then fine. But most ppl here say sohai thing like "pakat with organizer" this la that la.
There's a big difference.
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you did, you did white knighting for the guy. Llk's strategy to win contest was simple and straightforward, which is spending just enough to profit from prize money. Spend exactly how much? We don't know, but he has obviously accumulated some experiences (wins and losses) to have a good idea.

Now, curiosity is common human's nature. When ts pointed out that LLK has not won only couple, but 10 cars, that and also revelation that family members of LLK also participated in the contest as proxies. Most of us can't help but to agree with TS that it is indeed questionable and worth looking into.

LLk seems to have astounding win rate on 'lucky draw', huge capital to set aside for top spender contest and allegedly has a LinkedIn profile as 'Professional whosaler' to boot. If he found legal loopholes that he can exploit then kudos to him. But there's no harm in letting the lhdn confirm for us since dude can also claim BPN 2.0.

You have diregarded our sounded facts and went straight to saying most of us that questioned LLK is sour grapes without presenting some valid counter arguments yourself. Yes bro, you are white knighting.

 

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