The United States bans online gambling in US based markets, so prediction markets are common and involve the use of play money. Betting markets and spread betting are much higher risk and involve bets placed with real money, accounting for potentially large gains or losses.
THE Z-CODE SPORTS INVESTING BIBLE VOL. 2MOSESVINSCON
Struggling to find success betting sports? Tired of empty promises and scams from handicapping services? The Sports Investing Bible takes the gambling out of sports betting by explaining verified, winning systems that really work. This book is what the sports investing industry needs - an inside look into proven, successful strategies.
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Sports Insiders secret ZCode software beats the bookies?AMIT KUMAR
Many sports investors always want an edge against all the sportsbooks that they read in a bid to earn from their investments. Sometimes betting can be disappointing especially when you do not have concrete information on the sport and the teams that are betting on. Most of the casinos and betting sites will offer a number of betting strategies, but these are not enough to offer you the best odds in sports betting. Zcode System is a sports investing program that advices all gamblers on the sports to bet on and which to avoid. Besides, they offer you the reasons for the choice of sports to bet on to enable you reap from the bets you make. There are many other programs like Zcode System that offer advice on betting besides Zcode. Note that Zcode system is not a betting site but a sports investing site.
CLICK HERE TO ACCESS:http://tiny.cc/8qtygz
for more details:https://zcodesystemguruji29.blogspot.com
THE Z-CODE SPORTS INVESTING BIBLE VOL. 2MOSESVINSCON
Struggling to find success betting sports? Tired of empty promises and scams from handicapping services? The Sports Investing Bible takes the gambling out of sports betting by explaining verified, winning systems that really work. This book is what the sports investing industry needs - an inside look into proven, successful strategies.
The Sports Investing Bible is a crash course in sports investing that destroys popular misconceptions and provides invaluable sports prediction analysis tools. We outline several winning systems from experts that make a living through sports investing and explain a winning approach to sports investing. Armed with the best tools in the industry and a proper mindset, sustaining profits is easier than ever before.
Sports Insiders secret ZCode software beats the bookies?AMIT KUMAR
Many sports investors always want an edge against all the sportsbooks that they read in a bid to earn from their investments. Sometimes betting can be disappointing especially when you do not have concrete information on the sport and the teams that are betting on. Most of the casinos and betting sites will offer a number of betting strategies, but these are not enough to offer you the best odds in sports betting. Zcode System is a sports investing program that advices all gamblers on the sports to bet on and which to avoid. Besides, they offer you the reasons for the choice of sports to bet on to enable you reap from the bets you make. There are many other programs like Zcode System that offer advice on betting besides Zcode. Note that Zcode system is not a betting site but a sports investing site.
CLICK HERE TO ACCESS:http://tiny.cc/8qtygz
for more details:https://zcodesystemguruji29.blogspot.com
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LocusPlay - Why do lotteries run into losses?LocusPlay
LocusPlay is a professionally managed company having vast experience in helping lotteries adopt state-of-the-art technology. LocusPlay Mobile Lottery platform is designed to operate high volume transactions with minimal investment and optimum infrastructure requirements.
Our partnership driven approach presents a win-win business model to paper-based and startup lotteries.
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Lottery looks very simple when you play and pick your numbers, but it is a complex organization internally. Unfortunately, most of the investors take a plunge into this business with a different perception and are usually sold with an unrealistic business plan with RoI (Return on Investment) in less than 6 months. It is a good “fairytale business model” which rarely exists in reality.
Over the past year I have met quite a few such investors in the emerging countries, as usual my favorite regions - Africa, Latin America and South-East Asia. I discovered many interesting facts during my lengthy discussions with them. It gave me an opportunity to understand the process through which the lotteries struggle and run like loss making machines. I have tried my best to summarize them here.
Quantitative Eating induces Euro-cyclical volatility 'helicopter wash' for the FIRE industry
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StockTakers knows like Gracie fearful pension investment schemes just raze household wealth.
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Because You Can.
Accredited investors can Buy A Slice of StockTakers 12% Bond to earn investment income by leaving that work to us.
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FESTIVUS Hark, the mooing herds for 14.39-18.12% pa.
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Enjoy another slice of our Risk Price method to earn investment income for yourselves with our 'likeables'.
Because You Can.
Accredited Investors Buy A Slice of StockTakers 12% Bond to earn investment income by leaving that work to us.
Because We Do.
StockTakers TaxCharit€TM allows euro-small investors to grow their wealth with our Risk Price driven 'likeables'.
Enjoy another slice of our Risk Price method to earn investment income for yourselves.
Because You Can.
Accredited investors can Buy A Slice of StockTakers 12% Bond to earn investment income by leaving that work to us.
Because We Do.
LocusPlay - Why do lotteries run into losses?LocusPlay
LocusPlay is a professionally managed company having vast experience in helping lotteries adopt state-of-the-art technology. LocusPlay Mobile Lottery platform is designed to operate high volume transactions with minimal investment and optimum infrastructure requirements.
Our partnership driven approach presents a win-win business model to paper-based and startup lotteries.
StockTakers Hark, FESTIVUS mooing herds 14.44-18.50% pa.
BlackSwanTrading-Solo 50K TM helps small investors grow their own wealth with our Risk Price driven 'likeables'.
Enjoy another slice of our Risk Price method to earn investment income for yourselves with our 'likeables'.
Because You Can.
Accredited Investors Buy A Slice of StockTakers 12% Bond to earn investment income by leaving that work to us.
Because We Do.
Lottery looks very simple when you play and pick your numbers, but it is a complex organization internally. Unfortunately, most of the investors take a plunge into this business with a different perception and are usually sold with an unrealistic business plan with RoI (Return on Investment) in less than 6 months. It is a good “fairytale business model” which rarely exists in reality.
Over the past year I have met quite a few such investors in the emerging countries, as usual my favorite regions - Africa, Latin America and South-East Asia. I discovered many interesting facts during my lengthy discussions with them. It gave me an opportunity to understand the process through which the lotteries struggle and run like loss making machines. I have tried my best to summarize them here.
Quantitative Eating induces Euro-cyclical volatility 'helicopter wash' for the FIRE industry
StockTakers TaxCharit€TM allows euro-small investors to grow their wealth with our Risk Price driven 'likeables'.
Enjoy another slice of our Risk Price method to earn investment income for yourselves.
Because You Can.
Accredited investors can Buy A Slice of StockTakers 12% Bond to earn investment income by leaving that work to us.
Because We Do
Brexit dissembles itself and the €uro-herd, enjoy the bounce.
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Because You Can.
Accredited investors can Buy A Slice of StockTakers 12% Bond to earn investment income by leaving that work to us.
Because We Do.
StockTakers knows like Gracie fearful pension investment schemes just raze household wealth.
StockTakersTaxCharityTM gives small investors means to grow their wealth with our Risk Price driven 'likeables'.
Enjoy another slice of our Risk Price method to earn investment income for yourselves.
Because You Can.
Accredited investors can Buy A Slice of StockTakers 12% Bond to earn investment income by leaving that work to us.
Because We Do.
In this session, we will build a case to invest in options. We will see how it fundamentally differs from stock investing or derivative trading. We will discuss how options can act as an insurance and safe guard our portfolio.
We will go through a group exercise which will reinforce basic concepts of buyer, seller and the important role of a market maker.
ZCode™ Technology
Imagine if you could have a Sports-Betting system that can be
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If you have watched the stock market for long period of time, you realize that it can be very unpredictable. One day bubbles flourish, things could get any better and then the next day it seem like the sky is falling.
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The methods I teach you in this book are my own and I have been using them
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realistic target that can be achieved each week, I usually make around £250 but
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No matter how many people are using this strategy you will not be affected.
Chapter 32 Keeping Score Except for the very poor, for whom inco.docxchristinemaritza
Chapter 32 Keeping Score
Except for the very poor, for whom income coincides with survival, the main motivators of money-seeking are not necessarily economic. For the billionaire looking for the extra billion, and indeed for the participant in an experimental economics project looking for the extra dollar, money is a proxy for points on a scale of self-regard and achievement. These rewards and punishments, promises and threats, are all in our heads. We carefully keep score of them. They shape o C Th5ur preferences and motivate our actions, like the incentives provided in the social environment. As a result, we refuse to cut losses when doing so would admit failure, we are biased against actions that could lead to regret, and we draw an illusory but sharp distinction between omission and commission, not doing and doing, because the sense of responsibility is greater for one than for the other. The ultimate currency that rewards or punishes is often emotional, a form of mental self-dealing that inevitably creates conflicts of interest when the individual acts as an agent on behalf of an organization.
Mental Accounts
Richard Thaler has been fascinated for many years by analogies between the world of accounting and the mental accounts that we use to organize and run our lives, with results that are sometimes foolish and sometimes very helpful. Mental accounts come in several varieties. We hold our money in different accounts, which are sometimes physical, sometimes only mental. We have spending money, general savings, earmarked savings for our children’s education or for medical emergencies. There is a clear hierarchy in our willingness to draw on these accounts to cover current needs. We use accounts for self-control purposes, as in making a household budget, limiting the daily consumption of espressos, or increasing the time spent exercising. Often we pay for self-control, for instance simultaneously putting money in a savings account and maintaining debt on credit cards. The Econs of the rational-agent model do not resort to mental accounting: they have a comprehensive view of outcomes and are driven by external incentives. For Humans, mental accounts are a form of narrow framing; they keep things under control and manageable by a finite mind.
Mental accounts are used extensively to keep score. Recall that professional golfers putt more successfully when working to avoid a bogey than to achieve a birdie. One conclusion we can draw is that the best golfers create a separate account for each hole; they do not only maintain
a single account for their overall success. An ironic example that Thaler related in an early article remains one of the best illustrations of how mental accounting affects behavior:
Two avid sports fans plan to travel 40 miles to see a basketball game. One of them paid for his ticket; the other was on his way to purchase a ticket when he got one free from a friend. A blizzard is announced for the night of the game. Whic ...
The (Bite-Sized) Ultimate Guide to Binary OptionsDroid Slots
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Francesca Gottschalk - How can education support child empowerment.pptxEduSkills OECD
Francesca Gottschalk from the OECD’s Centre for Educational Research and Innovation presents at the Ask an Expert Webinar: How can education support child empowerment?
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdfTechSoup
In this webinar you will learn how your organization can access TechSoup's wide variety of product discount and donation programs. From hardware to software, we'll give you a tour of the tools available to help your nonprofit with productivity, collaboration, financial management, donor tracking, security, and more.
Model Attribute Check Company Auto PropertyCeline George
In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
2024.06.01 Introducing a competency framework for languag learning materials ...Sandy Millin
http://sandymillin.wordpress.com/iateflwebinar2024
Published classroom materials form the basis of syllabuses, drive teacher professional development, and have a potentially huge influence on learners, teachers and education systems. All teachers also create their own materials, whether a few sentences on a blackboard, a highly-structured fully-realised online course, or anything in between. Despite this, the knowledge and skills needed to create effective language learning materials are rarely part of teacher training, and are mostly learnt by trial and error.
Knowledge and skills frameworks, generally called competency frameworks, for ELT teachers, trainers and managers have existed for a few years now. However, until I created one for my MA dissertation, there wasn’t one drawing together what we need to know and do to be able to effectively produce language learning materials.
This webinar will introduce you to my framework, highlighting the key competencies I identified from my research. It will also show how anybody involved in language teaching (any language, not just English!), teacher training, managing schools or developing language learning materials can benefit from using the framework.
Embracing GenAI - A Strategic ImperativePeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
How to Make a Field invisible in Odoo 17Celine George
It is possible to hide or invisible some fields in odoo. Commonly using “invisible” attribute in the field definition to invisible the fields. This slide will show how to make a field invisible in odoo 17.
Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
Instructions for Submissions thorugh G- Classroom.pptxJheel Barad
This presentation provides a briefing on how to upload submissions and documents in Google Classroom. It was prepared as part of an orientation for new Sainik School in-service teacher trainees. As a training officer, my goal is to ensure that you are comfortable and proficient with this essential tool for managing assignments and fostering student engagement.
A Strategic Approach: GenAI in EducationPeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...Levi Shapiro
Letter from the Congress of the United States regarding Anti-Semitism sent June 3rd to MIT President Sally Kornbluth, MIT Corp Chair, Mark Gorenberg
Dear Dr. Kornbluth and Mr. Gorenberg,
The US House of Representatives is deeply concerned by ongoing and pervasive acts of antisemitic
harassment and intimidation at the Massachusetts Institute of Technology (MIT). Failing to act decisively to ensure a safe learning environment for all students would be a grave dereliction of your responsibilities as President of MIT and Chair of the MIT Corporation.
This Congress will not stand idly by and allow an environment hostile to Jewish students to persist. The House believes that your institution is in violation of Title VI of the Civil Rights Act, and the inability or
unwillingness to rectify this violation through action requires accountability.
Postsecondary education is a unique opportunity for students to learn and have their ideas and beliefs challenged. However, universities receiving hundreds of millions of federal funds annually have denied
students that opportunity and have been hijacked to become venues for the promotion of terrorism, antisemitic harassment and intimidation, unlawful encampments, and in some cases, assaults and riots.
The House of Representatives will not countenance the use of federal funds to indoctrinate students into hateful, antisemitic, anti-American supporters of terrorism. Investigations into campus antisemitism by the Committee on Education and the Workforce and the Committee on Ways and Means have been expanded into a Congress-wide probe across all relevant jurisdictions to address this national crisis. The undersigned Committees will conduct oversight into the use of federal funds at MIT and its learning environment under authorities granted to each Committee.
• The Committee on Education and the Workforce has been investigating your institution since December 7, 2023. The Committee has broad jurisdiction over postsecondary education, including its compliance with Title VI of the Civil Rights Act, campus safety concerns over disruptions to the learning environment, and the awarding of federal student aid under the Higher Education Act.
• The Committee on Oversight and Accountability is investigating the sources of funding and other support flowing to groups espousing pro-Hamas propaganda and engaged in antisemitic harassment and intimidation of students. The Committee on Oversight and Accountability is the principal oversight committee of the US House of Representatives and has broad authority to investigate “any matter” at “any time” under House Rule X.
• The Committee on Ways and Means has been investigating several universities since November 15, 2023, when the Committee held a hearing entitled From Ivory Towers to Dark Corners: Investigating the Nexus Between Antisemitism, Tax-Exempt Universities, and Terror Financing. The Committee followed the hearing with letters to those institutions on January 10, 202
Honest Reviews of Tim Han LMA Course Program.pptxtimhan337
Personal development courses are widely available today, with each one promising life-changing outcomes. Tim Han’s Life Mastery Achievers (LMA) Course has drawn a lot of interest. In addition to offering my frank assessment of Success Insider’s LMA Course, this piece examines the course’s effects via a variety of Tim Han LMA course reviews and Success Insider comments.
Biological screening of herbal drugs: Introduction and Need for
Phyto-Pharmacological Screening, New Strategies for evaluating
Natural Products, In vitro evaluation techniques for Antioxidants, Antimicrobial and Anticancer drugs. In vivo evaluation techniques
for Anti-inflammatory, Antiulcer, Anticancer, Wound healing, Antidiabetic, Hepatoprotective, Cardio protective, Diuretics and
Antifertility, Toxicity studies as per OECD guidelines
2. Recap
Prediction markets are a tool for
collecting group opinion using market
principles.
◦ They are a way to bring together people’s
opinions.
Public opinions are expressed by
buying and selling stocks that
represent possible answers to a
question being posed.
3. Google
Google’s prediction markets were launched in
April 2005 and are patterned after the Iowa
Electronic Markets.
In Google’s terminology, a market asks a
question (“How many users will Gmail
have?”) that has 2‐5 possible mutually
exclusive and completely exhaustive answers
(“Fewer than X users”, “Between X and Y”,
and “More than Y”).
◦ Each answer corresponds to a security that is
worth a unit of currency (called a “Gooble”) if the
answer turns out to be correct (and zero
otherwise).
4. Google
Each quarter, about 25‐30 different markets were created.
Participants received a fresh endowment of Goobles which
they could invest in securities.
◦ The markets’ questions were designed so that they could all be
resolved by the end of the quarter.
At the end of the quarter, Goobles were converted into raffle
tickets and prizes were raffled off.
◦ The prize budget was $10,000 per quarter, or about $25‐100 per
active trader (depending on the number active in a particular
quarter).
Participation was open to active employees and some
contractors and vendors; out of 6,425 employees who had a
prediction market account, 1,463 placed at least one trade.
5. Google
Prediction markets at Google
Type
Example
Share of markets
Demand forecasting
# of Gmail users at end of quarter
20%
Performance
Google Talk quality rating
15%
Company news
Russia office to open
10%
Industry news
Will Apple release an Intel‐based Mac?
19%
Decision markets
Fun
Unique participants
Will users of feature A users use feature B
more?
How many "rotten tomatoes" will Episode
III get?
1,463
Orders
253,192
Trades
70,706
Markets run (questions)
Securities (answers)
270
1,116
2%
33%
6. Google
Google works as a search engine because it collects
information that is naturally dispersed across the web.
◦ The internal prediction markets are based on the same principle:
Googlers from across the company contribute knowledge and
opinions that are collected into a forecast by the market.
In addition to making predictions, internal prediction can
provide insight into how organizations process
information.
Prediction markets provide employees with incentives
for truthful revelation and can capture changes in
opinion at a much higher frequency than surveys,
allowing one to track how information moves around an
organization and how it responds to external events.
7. Betting Market
A betting exchange is an entity which
provides “trading” facilities for retail or
bookmaker customers to buy and sell
contracts.
Betting markets are used extensively
in wagers made on horse racing and
sports markets.
◦ Also include elections and current event
markets.
8. Prediction vs. Betting Market
The United States bans online
gambling in US based markets, so
prediction markets are common and
involve the use of “play” money.
Betting markets and spread betting
are much higher risk and involve bets
placed with real money, accounting for
potentially large gains or losses.
9. Spread Betting
The idea of spread betting was
invented by Charles K. McNeil, a
mathematics teacher from Connecticut
who became a bookmaker in Chicago
in the 1940s.
The idea became popular in the
United Kingdom in the 1970s and
1980s.
10. Spread Betting
Spread Betting officially came to the UK in 1974.
Stuart Wheeler, a young unemployed stock broker, had
the idea to start people trading on gold prices.
◦ This idea was to create an index that would give investors
the opportunity to bet on the movement of gold, without
having to actually buy or sell the physical commodity in the
market.
Wheeler and friends called this company the Investors
Gold Index - until the Bank of England objected to it
trading under that name and it became IG Index.
◦ The IG soon extended its product range to include foreign
exchange and commodities.
11. Spread Betting
Spread betting is defined as wagering on the
outcome of an event.
The payoff is based on the accuracy of the
wager, rather than on a simple “win or lose”
outcome.
◦ The spread is a range of outcomes, and the bet
is whether the outcome will be above or below
the spread
Purpose: to create an active market for both
sides of a binary wager, even if the outcome
of an event may appear to be biased to one
side or the other.
12. Spread Betting
There is almost always a favorite and an
underdog in every sporting event.
◦ The odds are too biased towards the favorite
when bets are placed on a simple “Who will
win?” wager.
Point spread is essentially a handicap
towards the underdog.
With spread betting, the question now
becomes, “Will the favorite win by more
than the point spread?”
13. Example
The bookmaker advertises a spread of 4 in a
certain game.
◦ If the gambler bets on the underdog, he will “take
the points” and win if the underdog’s score PLUS
the spread is greater than the favorite.
Underdog 8, Favorite 10: 8+4>10 … gambler wins
Underdog 8, Favorite 13: 8+4<10 … gambler loses
◦ If the gambler bets on the favorite, he will “give
the points and win if the favorite’s score MINUS
the spread is greater than the underdog.
Underdog 5, Favorite 10: 10-4>5 … gambler wins
Underdog 8, Favorite 10: 10-4<8 … gambler loses
14. Spread Betting
Bookmakers can move the point spread to
any level to create and equal number of
participants on each side of the wager.
As long as the total amount wagered on each
side is roughly equal, bookmaker is
unconcerned with actual outcome.
◦ They profit from commissions.
Bookmaker also profits by paying one (or
both sides) less than the amount collected
from betters.
15. Spread Betting
Push: when the final bet results in a
tie.
◦ This results in a “no action” game when
no money is won or lost.
◦ This is not favorable because the book
ends up losing money on overhead costs.
◦ Sports books are permitted to state “ties
win” or “ties lose” to avoid refunding every
bet.
16. Spread Betting
Total over/under (or O/U): bet on the
total number of points scored by both
teams.
◦ The total is popular because it allows
gamblers to bet on their overall perception
of the game (high-scoring offensive show
or defensive battle) without needing to
pick the actual winner.
17. Example
Suppose the Chicago Bears are
playing the Eagles and the total is set
to 44.5 points.
◦ If the final score is Bears 24, Eagles 17,
the total is 41 and bettors who took the
under will win.
◦ If the final score is Bears 30, Eagles 31,
then the total is 61 and bettors who took
the over will win.
18. Financial Spread Betting
Largest part of spread betting in the UK deals
with financial instruments and financial
markets.
◦ Sports operations are much less significant and bring
in less revenue.
Unlike fixed-odds betting, the amount won or
lost can be potentially unlimited.
◦ It is usually possible to negotiate limits with
the bookmaker:
A stop loss or stop will automatically close the bet if the
spread moves against the gambler by a specified amount.
A stop win, limit or take profit will close the bet when the
spread moves in a gambler's favor by a specified amount.
19. Dangers of Spread Betting
According to an article in The Times dated 10 April 2009
it is indicated that approximately 30,000 spread bet
accounts were opened last year.
The largest study of gambling in the UK on behalf of the
Gambling Commission found that serious problems
developed in almost 15% of spread betters compared to
1% of other gambling.
◦ A report from Cass Business School found that only 1 in 5
punters ends up a winner.
Although financial spread betting in the UK is regulated
by the Financial Services Authority, spread betting
companies provide little protection for those who run
into trouble.
20. Pros and Cons of Spread
Betting
PROS
CONS
One in the eye for the tax man. The money you
make from spread betting is currently free from
capital gains tax. Of course always be aware tax
rules can change.
Emotion. Spread betting can be addictive and the
unpredictability of market movements can produce feelings
of panic, complacency, euphoria, dejection, infallibility and
failure.
Pay as you go. By using spread betting all the
costs are included in the spread.
Losing streak. As you only have to put up a fraction of your
total exposure, be aware that if things do turn against you,
you can lose more than your original deposit.
No short changing. Investors can 'short' and
make money when share prices.
The world is your oyster. Bets can be placed on
a complete range of global markets and shares,
sectors, commodities and currencies. You can
back anything from Microsoft to metals.
Ignorance. Only fools rush in without understanding how to
play the game. Unless you know how the system works and
you have a carefully prepared plan for success, you will
lose.
No get rich quick scheme. Yes, spread betting is a great
and cost effective way to trade and take positions. If you
make bad investment decisions, it doesn't matter what
method you use to trade. Always do your research, and
don't get carried away.
No perks of the job. You don't pick up the perks of actually
owning the shares. For example you will miss out on gorging
yourself on tea and chocolate biscuits at a company's
annual meeting or getting to vote on shareholder issues.
To sum up, it is important to remember that not every trade
is a winner. Any market matches buyers and sellers. If you
are buying at a certain price, somebody is willing to sell. You
can't both be right.
Going up a gear. You can gear up or leverage
your investment. In other words you only need to
put down a fraction of the value of your trade or
position. For spread betting if you bet say, £10 per
penny movement this is equivalent to trading 1000
shares. In summary you get more bang for your
buck.
This means that you can make more by putting
down less money, but of course as always it is only
fair to point out that you can also lose more.
21. Spread Betting Now
The spread betting industry has come a long way in the past 35
years.
◦ Now a recognized and established investment outlet for individual traders to
make tax free gains trading the stock market.
◦ Many tools for trading that were previously only available to professional
traders are now available to all.
Recent economic turmoil has pushed the financial markets into the
mainstream more than ever before.
◦ Banks failing, shares dropping, and the rise in the price of oil have resulted in
shifts in all markets. This has made people more aware of the impact financial
changes have on our lives.
People are also much more interested in taking control over their
own finances.
◦ This has helped the spread betting industry evolve, leaving investors and
traders with more choice, more tools and more markets than ever before!