New gambling record: Betting on outcome of Brexit vote

It has become increasingly popular, particularly to bet on financial markets.

Betfair, bookmakers Ladbrokes and Paddy Power and the Betting Research Unit at Nottingham Business School all estimate that the total value of bets on the vote placed in Britain will reach, and likely exceed, 100 million pounds.

For Stephen Jones, 55, betting is a form of insurance against disappointment. referendum betting already hit a record for a political event days ago for Betfair, bookmaker BetFred and IG, the largest provider of spread betting services.

“This is a historical event, and I want to take part in it,” said Can Zhao, an investment researcher who last week placed a 135-pound ($198) bet on “remain” at a Ladbrokes betting parlor near London’s Kings Cross train station.. Polls suggest it is too close to call, while bookies give the “remain” side a higher chance of winning.

Betfair allows people to place wagers against each other rather than setting odds like the traditional bookmakers. Spread betting, on the other hand, does not provide a simple win or lose outcome, but can provide payoffs based on the accuracy of the bet. The industry is expecting 100 million pounds, or nearly $150 million, to be wagered by the time the result is known in the early hours of Friday.

“If we are going to remain in the E.U., at least I will take compensation,” said Jones, who expects to get 3,000 pounds back in profit in such an event. While the polls show this week’s vote is too close to call, bookies like Betfair are giving the “remain” side a 76 percent probability of winning. presidential race, which was its previous record for a political event. The referendum also outmatches the 35 million pounds placed on the 2014 World Cup Final.

Such betting fever is normally associated with major sports events, with people here habitually placing wagers online or in betting shops on everything from horse races to football matches. That’s particularly true since pollsters have missed badly in measuring sentiment before some of Britain’s most recent votes, the last general election and the Scottish referendum.

Betting exchange Betfair says it had taken 45.8 million pounds in wagers on the E.U. Ladbrokes has seen a tenfold increase in recent years.

Thursday’s vote on whether to leave the European Union, which will have lasting consequences for the country and Europe, is due to break the record as the most bet-upon political event in Britain’s history. © 2016 The Associated Press. All Rights Reserved. “But my big win is to leave the E.U.”

Betting is his way to get in on the drama because as a foreign citizen from China he will not have a right to vote. He intends to vote to leave the E.U., but has placed bets on “remain” to at least get something in case of his side’s defeat.

E.U. But the importance, drama and uncertainty that have surrounded this vote have made it a spectator sport in its own right. That surpasses the 40 million pounds placed on the 2012 U.S.

“This is comfortably the biggest political betting event in history and dwarves both the general election and the Scottish referendum,” says Lewis Davey, spokesman for Paddy Power, referring to the Scottish vote on independence last year.

LONDON — As if the stakes were not high enough in Britain’s nail-biting vote this week, people are betting record amounts of money on its outcome.

The bookies’ odds have largely been in synch with global financial markets. vote as of Wednesday and expects a final amount of 50 million pounds. That’s reflected in financial markets, where stocks and the British pound are relatively buoyant one day before the big event.

Betting on political events used to be a niche area in the gambling industry but has become more widespread, particularly in Britain. He was back in the betting shop this week to place additional wagers on behalf of three American friends.

The betting has also gained the attention of global investors as a gauge of the likelihood of an event’s outcome. This material may not be published, broadcast, rewritten, or redistributed

Best College Football Players of All Time

John Elway (Stanford): He was an All American in 1982, and finished second in the running for The Heisman Trophy voting that same year. He has played all over the field including running back, punt returner and even quarterback. Bo Jackson (Auburn): Bo Jackson won the Heisman trophy in 1985 and he was the consensus All American in 1983 and again in 1985. Jim Thorpe (Carlisle Indian): In 1911 and 1912 he was an All American and he led his team to a National Championship in 1912. I really enjoyed watching Woodson go on to play for the Oakland Raiders. He was a half back, defensive back, kicker and punter. He was a corner back and knocked downed lots of football passes and made lots of interceptions as well.

10. In the 80s John Elway was a household name. In 1923, he won, The Helms Athletic Foundation Championship. He won the Maxwell Award and he played lots of positions which is amazing. He was a corner back, kick returner and a wide receiver. Also, tell me who you think the number 1 player in college football history is.

3. He could do amazing thing when he touched a football.

5. When he touched the ball you knew great things were going to happen.. 88 passing touchdowns, 57 rushing touchdowns and 9, 285 passing yards to go along with 2,947 rushing yards. Jackson had 43 rushing touchdowns and 4,303 total rushing yards in his four year college stint. Barry Sanders (Oklahoma State): He easily won the Heisman trophy in 1986 while rushing for 2,628 yards. That is to say he played offense and defense. You must have respect because Bo knows multiple sport success. Doak Walker (Southern Methodist University): In 1948, as a Junior he won the Heisman trophy and was a three time All America which is outstanding. He rushed for 5, 259 yards in his three year NCAA playing days. Red passed for 575 yards and tossed three touch downs.

Please feel free to leave comments in the comments box at the bottom of this page because I love reading others’ opinions. Barry Sanders went on to play for the Detroit Lions as a running back and although he never won a Superbowl, he is widely considered one of the top running backs in Detroit Lions history.

9. He helped Michigan go undefeated and win the National Championship He was a true defensive talent that helped him get 18 interceptions, 395 yards receiving and even two rushing scores.

1. He passed the football for a very high 77 touchdowns and his yards for his four year career were outstanding with 9,349 passing yards. Look at these numbers. Grange had 2,071 rushing yards and over 900 yards from punt and kick off returns. Bo knows best.

7. Archie Griffin (Ohio State): Griffin had a banner Junior year rushing for 1,695 yards and scored a total of 12 touch downs in 1974. Tim Tebow was one of my favorite college players to watch play. Herschel Walker (Georgia): Walker had statistics that can not be denied when he was the half back for the Georgia Bulldogs. He led his team to National Championships in 2006 and 2008. He played wide receiver and quarterback on occasion. Tim Tebow (Florida): The Florida Gators star quarterback has amazing statistics. Red Grange (Illinois): Grange won All American honors three years in a row. He won the Heisman trophy in 1982 and he helped to defeat Notre Dame to win the Sugar Bowl. Thorpe had over three thousand yards on the ground, 330 passing yards and over 700 yards in kick off and punt returns.

4. Bo Jackson was fortunate to be a part of the winning Auburn Tigers for the Sugar Bowl and the Liberty Bowl and was the MVP of both football contests. What a player he was nominated three times for the Heisman winning it once in 2007. He also had 49 rushing touchdowns. He won the Holiday Bowl and had nice stats including: 3,556 rushing yards, 47 TD’s and over 1,400 yards from punt and kick returns. He could run, jump, slide and score like no other quarterback could.

8. Walker was a legend in his own time, he was another great and entertaining player. Walker had over 2,000 rushing and receiving total yards, 14 passing touchdowns and over 1,600 total pass yards.

2. Charles Woodson (Michigan): In 1997 Woodson won the Heisman trophy playing Iron man for the Wolverines. He is the only Two time Heisman trophy recipient and had some nice stats including 25 rushing scores and over five thousand career rushing yards.

6

Biggest blackout in U.S. history

In Toronto, Canada’s largest city, workers fled their buildings when the power went off. history, said a spokeswoman for New York Gov. Every few steps revealed someone walking or standing in the darkness, wondering what to do next.

Amtrak suspended passenger rail service between New Haven, Conn., and Newark. George Pataki.

“I’m scared,” she said. The park regained power a short time later.

Late Thursday night, before retiring for a short nap, New York City Mayor Michael Bloomberg said he expects “everything to be back to business” on Friday. “Half price on everything,” read one sign.

The blackouts easily surpassed those in the West on Aug. “Everyone is very hot because the air conditioning is off,” she said. And despite today’s 90 degree weather forecast, some are facing the inevitable: saddling up in the most comfortable socks and shoes they’ve got, heading out on the long walk to work.

An outage in New York City in 1977 left 9 million people without electricity for up to 25 hours. Everyone’s panicking. history.

The outage affected a wide swath of territory in the U.S. But he also cautioned “I don’t want anybody to think that the power is going to be back for everybody in the next hour. Some northbound trains from Washington, a city that did not lose power, turned around at Newark.

Nine nuclear power reactors – six in New York and one each in New Jersey, Ohio and Michigan – were shut down because of the loss of offsite power, according to the Nuclear Regulatory Commission in Bethesda, Md.

In New York City, subways and elevators lost electricity or resorted to limited backup power. EDT.

A power transmission problem from Canada was being looked at as the most likely cause for what some are calling the biggest electrical outage in U.S. Transit officials have said even when the power does come back, it will take as much as six hours for trains to start running normally.. It is not going to be.”

Traffic lights were out throughout downtown Cleveland and other major cities, creating havoc at the beginning of rush hour.

For New York police, the focus was on the ramifications of the blackout rather than its cause.

Streets usually bathed in light and marquees were instead pitch black, seeming empty – although they weren’t. and Canada – including New York City, Albany, Hartford, Toronto, Ottawa, Detroit, Cleveland and Ontario – and has officials in the two countries engaging in a blame game as to what went wrong.

Terrorism is not the cause of the outage, the president said.

But, Mr. “It’s that unknown ‘What’s going on?’ feeling. Thousands of people streamed into the streets of lower Manhattan in 90-degree heat, and some subway commuters were still stuck underground hours after the blackout hit.

But some folks will have to go to work anyway today. “We sat there about 20 minutes and they finally came to walk us off,” she said. EDT. In 1965, about 25 million people across New York state and most of New England lost electricity for a day.

One man started out across the Brooklyn bridge shortly after 5 a.m., on his way to his job at a Wall Street area gym, where he figures stranded New Yorkers are bound to take refuge hoping for a shower. There also were widespread outages in Ottawa, the capital.

As dawn approached in the New York area, lights were reported flickering back on in Times Square, on Fifth Avenue, much of Staten Island, parts of Brooklyn and the Bronx, parts of Westchester County, N.Y., and parts of New Jersey and Connecticut.

“We’re more concerned about getting the traffic lights running and making sure the city is OK than what caused it,” said a spokesman at the department’s operations center downtown.

The blackout closed the Detroit-Windsor Tunnel, which 27,000 vehicles use daily, and silenced the gambling machines at Detroit’s Greektown Casino. The city’s shutting down.”

There were outages in northern New Jersey and in several Vermont towns. 11 and may today be putting those emergency strategies to the test.

The president told reporters in San Diego: “I have been working with federal officials to make sure the response to this situation was quick and thorough, and I believe it has been.”

In Times Square, Giovanna Leonardo, 26, was waiting in a line of 200 people for a bus to Staten Island.

John Meehan, 56, walked down 37 stories in the BP Tower in downtown Cleveland, wearing his suit and carrying a briefcase. Then, heat, sagging power lines and unusually high demand for electricity caused an outage for 4 million customers in nine states.

Power is coming back to some of the 50 million people affected by the blackout which hit Thursday, continued into Friday, and is the biggest power outage in U.S. “Our laboring moms are suffering.”

“Be sure you don’t make an inconvenience into a tragedy,” he said.

“The good news is that in New York City, while we have lost all the power, Con Ed’s facilities have shut down properly, which we have programmed them to do,” said Bloomberg.

But the New York metropolitan area is still in a major mess, with full power still not back, meaning that subway and train systems are also not back. Flights also were halted for more than three hours in and out of New York LaGuardia, Cleveland and Newark, N.J., but those airports had reopened by 8 p.m. Bush said, state and local officials have not asked the federal government for much help as of yet.

New Yorkers – and tourists who got caught in the Big Apple when the power went out – took that advice to heart as they struggled through the darkness trying to get home.

In Washington, the Health and Human Services Department said the biggest health concern was people getting overheated and dehydrated, something local health systems appeared to be handling, said spokesman Campbell Gardett.

Flights in and out of Kennedy Airport in New York, as well as airports in Toronto and Ottawa were grounded, leaving passengers stranded. Patrons filed into the afternoon heat carrying cups of tokens.

Along several blocks near midtown Manhattan, deli owners brought their suddenly unrefrigerated food out on tables, iced in buckets. “It makes you wonder, was this terrorism or what?” he asked.

The power outage affected a broad swath of the Northeast stretching west to Ohio and Michigan and into southern Canada, starting shortly after 4 p.m. On Thursday, Mayor Bloomberg asked the city’s more than 8 million people to be calm, go home, open windows and drink water.

Some people held blackout parties, in restaurants, and on sidewalks, gathered in circles around candles stuck in bottles.

Gov. 11, 1996, in terms of people affected. Lights flickered at state government buildings in Hartford, Conn.

President Bush said Thursday evening that people affected by the huge blackout may not see their lives return to normal right away, but “slowly but surely we’re coping with this massive, national problem.”

In Massachusetts, Kim Hicks of Baltic, Conn., was on the Cyclone roller coaster at a Six Flags amusement park in Agawam when the power stopped. The situation left the mayor there, Jane Campbell, angrily denouncing stores she said engaged in price gouging for water and other items, including batteries.

And will the opening bell ring on Wall Street as usual? The determination is certainly there: a convoy of emergency generators was spotted overnight on its way down to the financial district, which made a slew of backup plans after Sept. He said there are supposed to be backup systems to prevent blackouts from snowballing, and that “there have to be some tough questions asked.”

In Cleveland, the loss of power also meant a loss of water – as there was no way to continue pumping water to 1.5 million people. Pataki said more than half of New York State is without power. Will the gym have water? He hopes so.

However, Canadian authorities said it appeared lightning had struck a power plant on the U.S. side of the border in the Niagara Falls region, setting off outages that spread over an area of 9,300 square miles with a population of roughly 50 million people.

In Cleveland, Olga Kropko, a University Hospitals labor and delivery nurse, said the hospital was using its back-up generators and had limited power

Sports Betting Arbitrage – Win Every Time You Bet

First, you need absolutely no

knowledge either of investment arbitrage or sporting events to

make a certain, 100% guaranteed profit every day with this simple

technique. With this Sports Betting

Arbitrage Package you’ll learn how to:

So what about the guaranteed returns that you can expect on each

investment? Well in general arbitrage opportunities will usually

return anywhere between 3% and 15% on your investment (this is

just a general guide however – arbitrage opportunities that pay

30%, 70% or even over 100% do exist and you will come by them

sometimes – just not very often).

You’re going to be applying the concept of arbitrage to the world

of online sports betting. What you will need is a

PC and internet connection and of course my powerful package

which shows you step by step how to start earning immediately

with sports betting arbitrage – and gives you a powerful website

which spoon feeds you the best daily arbitrages – in real time.

You can also do this from anywhere in the world, right from the

comfort of your own home.

Well the internet has thrown up a once-in-a-generation

opportunity for just about anyone with an internet connection and

PC to make heaps of cash every day by doing exactly the same

thing. I

mean “free money” is pretty much what we’re talking about right?

It’s all a scam isn’t it because we all know there is no such

thing? Well actually no – stick around for a few minutes and I’ll

prove to you without a shadow of doubt that not only is this

“secret” (actually it’s an investment technique) very genuine,

but a lot of individuals are using it to make tens, hundreds and

even thousands of dollars/pounds/yen etc…every single day.

. Betting is a very risky thing to do – sure a handful of

few people may win at it but on the whole most people will

always lose in the long term. Use this incredible but simple investment technique to earn

money for you everyday for as long as the internet is around,

regardless of the economic climate or where you happen to live.

You can use this method in the USA, UK, Australia, Asia,

Europe…anywhere with an internet connection and PC. It is not trading. It’s not only so simple that a

child could understand, but it’s 100% legitimate and tax free

(although please remember tax laws vary from country to country

and over time.)

But it gets even better you see, because this simple but money

generating technique can never be monitored or regulated. He believes the Internet gives

ordinary people the opportunity to make extra-ordinary income

working from home. You can

even do this from your beach house while sipping on a martini and

enjoying the cool sea breeze on your face.

There is simply nothing else like it in the world – we already

know that the arbitrage technique has been used by banks and

global traders for centuries – that’s great for them – but what

about you?

<< Back to “Recreation And Sports” Index

Does it surprise you that some people actually do this full time?

It’s their work-from-home “J-O-B”! Wouldn’t it be nice to earn a

living just by logging onto a couple of bookmakers, placing a

few “sure bets” and walking away a few hours later with a

guaranteed profit? You see, with sports arbitrage you’re taking

advantage of the price differences that exist by betting on

opposite sides of the same sporting event – so no matter who

wins/loses/draws, you are guaranteed to come away with a risk

free and guaranteed profit – every single time.

1. Make no mistake, there are people just like you who are

making a huge monthly income (others use it as a nice little

stress free, part time earner) from this wonderful little

concept. I have just

shared with you an incredibly powerful formula to tap into a

huge stream of wealth whenever you like – every single day. This is not gambling. Can you see

how this is guaranteed and risk free money? Absolutely anyone,

if they knew about this could have made 3.58%, totally risk free

on an amount of however much money they wanted to invest.

Sports Betting Arbitrage – Win Every Time You Bet

 by: Ray Fearnley

This is exactly how arbitrage opportunities are born. That’s quite a claim but from the

actual proof that you’re going to read below you’ll see why this

is no exaggeration – there are literally hundreds of

opportunities every single day for you to apply this technique

and make as much free cash as you want. Can you think of any

other method in the world that offers such a return?

Before moving on are you worried that just because “arbitrage” is

used by financial institutions that it will be somehow complex,

difficult or require mathematical or specialist knowledge of

some kind? Well let me tell you that this technique is so

outrageously simple that even a 7 year old could understand it

and use the one-step technique you’re about to learn to make

piles of cash – from day one. Most of these bets take

under 5 minutes to place online, and after the sporting event has

finished you simply collect your profits and move on to the next

arbitrage opportunity.

Hopefully you are now starting to understand the potential of

arbitrage trading. You will literally be able to switch on your

PC, visit a website that shows you today’s guaranteed returns,

place your guaranteed risk free investment and collect your

profits a couple of hours later.

It could change your life!

It is not betting or investing – it is a mathematical certainty

brought about by the internet that you can use to make free money

everyday – for the rest of your life. The key to the huge and regular arbitrage

profits you’re going to be making by tonight is this – “there are

huge differences in the opinions of bookmakers over the world,

leading to a huge difference in how they price the same sporting

event.”

As we saw above there are so many opportunities that come up it

would be impossible to invest in all of them – the strategy is

obviously to cherry pick the highest paying ones every day.

You stumble across knowledge such as this perhaps once in a

lifetime which, if applied, will give you an excellent daily

income for life with minimal effort – this, like arbitrage itself

is simply a mathematical certainty. But the best thing

is that not only is it 100% legal – but it can never be stopped

and the number of opportunities that exist everyday are growing

with the internet. It is the

power of the internet that also gives you the chance to use

arbitrage every day to make a lot of money with just a few clicks

of the mouse.

Are you ready now to learn and apply this incredibly simple

technique to start earning money every day? Remember that you

need no specialist knowledge on anything. It’s

not even investing strictly speaking because with all of these

things it’s possible that you can make a loss – but with sports

arbitrage there is no possible chance of you ever losing – you

know the exact profit you are going to make before the sporting

event even kicks off. I said earlier that there is nothing else quite like it

in the world – that’s because this loophole/internet opportunity

(call it what you like) is the only investment technique I have

ever seen that makes a guaranteed, risk free profit in a few

hours time without any chance of a loss. It is NOT betting.

During Wimbledon 2001 the ladies singles match between Lindsay

Davenport and Kim Clijsters was priced differently by bookies

Victor Chandler and Tote. How much is that actually worth? I’m not

sure I can even put a dollar value on it.

Did you know that there are now several thousands of online

bookmakers all over the world? Everyday, in every country more

and more continue to spring up (because lets face it betting is a

huge industry with bookmakers keen to take the money of millions

of hungry gamblers). As the number of online

bookies has seriously increased over the last couple of years so

the number of highly profitable arbitrage opportunities have

exploded. I

went with the above example because it is the lowest paying kind

of arbitrage opportunity – I wanted to be conservative – but

there are numerous arbitrage opportunities paying out 3%, 15%,

20% and more every single day.

The fact is this information is priceless and is unheard of by

most investors, let alone the general public. The second is that you cannot possibly ever lose

using the almost embarrassingly easy one-step technique that

you’re going to discover.

Rayzee.

At 2/5 the total amount to invest in Davenport to return $100 was

$71.42.

You Are About To Discover How To Get A Risk Free Return Of

Between 3% and 90% In Just 2 Hours. Victor Chandler saw Davenport to win at

odds of 2/5 while Tote saw Clijsters at 3/1.

Now I’m going to prove it!

Ray Fearnley

3. It can

never be closed down (you’ll see exactly why in a minute) and as

the internet grows (believe me, we’ve only seen the very tip of

the internet iceberg to now) the opportunities to earn sure,

risk-free money from this simple strategy will multiply by

hundreds of times. Again And Again -

Guaranteed!

Get more information at http://rayzee.co.uk

This explosively profitable little known secret that has been

used by banks for centuries is now available to you thanks to the

power of the Internet!

This means that the total investment required to return $100 -

whichever player wins – is just $96.42. Let me repeat this – you will be placing

sports bets in such a way that no matter what the outcome, you

are guaranteed to profit, because you will be betting on all

possible outcomes with different bookmakers so that no matter the

result, you will get a guaranteed and risk free profit.

About The Author

Perhaps you’re concerned that it’s not legal? Let me assure you,

this simple little method is perfectly legal – in fact huge

investment banks listed in the stock exchanges that you probably

own shares in use this exact same method every single day to

sweep in millions of dollars for themselves. Isn’t it better to use this amazing technique now

rather than later?

Thanks for taking a few minutes to read this letter – you must be

quite curious right about now, but I bet very suspicious too. As you read on you’re going to

discover rock-solid proof, not only on exactly how well this

perfectly simple technique works, but also how it has the

potential to effortlessly make you a lot of money, everyday, for

just a few minutes of work.

Rayzee has had an Internet presence since 1996 and specialises in

thinking “outside of the box”. That’s very good news for us and I’ll explain

more on this shortly.

Now 3.58% may seem like a small return but remember that it was

totally certain, risk free, took only 2 hours to achieve and

there was never a possibility of ever losing the money or not

getting the profit. This is

also the reason that it’s perfectly legal to profit from them,

why they can never be closed down and why the opportunities will

continue to grow explosively over the next few decades.

This article was posted on March 24, 2006

Kind regards,

2. Before continuing let me make one

thing absolutely clear – this is in no way a form of betting or

gambling. A return of 3.58% within

under 2 hours (this is a very conservative example). Apply the knowledge of arbitrage to hundreds of sporting

events to make money, completely risk free and guaranteed. Make money from day one with no requirement of any prior

knowledge or further reading. It is the power of

the internet that has brought this to your attention. It was a mathematical certainty. You

need no knowledge of any sporting events at all – you’re

effectively discovering how you can bet on both sides of a

sporting event so no matter who wins, you’re guaranteed a

definite fixed return on your investment.

We’re now getting to the real interesting part. Arbitrage is zero risk and

guaranteed profits – it is a high paying, very short term (a

couple of hours) investment that will ALWAYS result in you

walking away with a certain profit. Before continuing

to read just remember two things. http://rayzee.co.uk

It’s so simple that even a seven year old could understand it.

There are literally thousands of these “Profit Loopholes” every

single day, each paying between 3% & 90% on your investment -

100% risk free & guaranteed!

I have put together a package so you could actually be enjoying

your first profits in just a few hours from now because you’ll

actually receive free lifetime access to a website that gives a

list of all available arbitrage opportunities everyday, and in

realtime! This is a bonus that is almost priceless because it

will help you harvest incredible profits every single day – for

the rest of your life. At 3/1 the total amount to invest in Clijsters to return

$100 was $25.

The simple little method that you’re going to learn about is

called “sports betting arbitrage” – an explosively profitable

internet loophole that can be used by absolutely anyone with an

internet connection & PC to make anywhere from tens of dollars to

several hundred dollars a day

Derivatives: Futures and Options

Futures are also agreements to buy or sell commodities at a certain predetermined price at some predetermined time in the future. Forwards and futures prices are good reflectors of the price directions as well as the expected change in the future prices of the underlying asset.

They offer the traders an option to change the nature of their liabilities and exchange the risks associated with some of their unwanted liabilities with some more bearable ones.

They can be used to make arbitrage profits. The intention is to buy low and sell high in two different markets and pocket the differential profits.

They allow for large portfolio position changes without incurring the buying and selling transaction costs.

Forwards Contracts and Futures Contracts

By definition, a forwards contract is ‘an agreement to buy or sell an asset for a predetermined, fixed price, at a certain time or date in the future’. For many of these instruments, small changes in the underlying asset can swing your fortunes from millionaire to bankrupt within seconds. There is no monetary transaction to the contract when it is first negotiated, and money only changes hands on contract maturity. So for once, a financial instrument has been named correctly, an instrument that derives its value from some other asset is termed as a derivative.

Learning about derivatives is one of the most important lessons to learn, for anyone making new forays into investment finance. These are extremely powerful instruments and though, ‘no guts no glory’ does summarize the ‘higher risk, higher potential return’ mantra of investment finance; having open positions in them is never prudent. Futures and options trading is fantastic as a risk reducing measure (hedging), but may not be equally fantastic as a speculative bet, especially when you do not have the required expertise, neither in derivatives nor in forecasting.

Below are some of the uses as listed by John C. The term futures encompasses all things like foreign exchange futures and stock index futures as well. Two or more options can be combined together (synthetic options) to give the trader just the kind of payoff he was visualizing, given his forecasts of the future price movements on the stock exchange. Forwards contracts are over-the-counter contracts that usually trade on commodities. First the futures and options are traded on the exchange traded derivatives market and are standardized instruments with negligible credit risk. In a put option, the option will thus, only be exercised if the strike price is higher than the going market price at that specific point of time in the future. Not understanding how they work and investing large sums of money in them blindly is a folly. Options are not limited to the exchange traded derivatives markets and some are also traded on the OTC markets.

They are very good risk management tools and are mainly used to hedge risks that a trader is routinely exposed to. When investing in these instruments, be aware of the risk that you are taking on with that kind of leverage.

When they are used for hedging, they perform exceptionally well but when used for speculation, it is not prudent to rely too heavily on them. But when you have a derivative option on the shares of this company, you are basically holding a financial instrument that has no intrinsic value of its own. You’ll know then, why all traders haven’t mastered the art yet and become overnight millionaires. Even though you have invested only $100, the position that you had taken in the market was on $10000 shares. While spot is an immediate, present tense contract, a forward is a later date or future tense contract that is just being finalized today. These non-standardized financial instruments bear some amount of credit risk, since no exchange interferes between the buyer and the seller. If you wish to play the stock markets, they offer an unbelievable amount of ground to play in, especially when it comes to hedging and risk management. For many, what they invest in these instruments are their savings so you can only imagine the impact.

Many investors fail to understand that investing in them means indulging in a kind of leveraging. While most financial assets have intrinsic asset values or prices, the intrinsic value of a derivative is based on the financial asset that forms the basis of a derivatives contract. The only difference between them and the normal financial instruments (like shares), is just the little term called ‘underlying asset’. Research them and you will find a very grim picture, more houses have been broken with these instruments than have been built. The only difference between a normal spot transaction and a forward transaction is the time span between the contract and its fulfillment. Plain vanilla swaps, or the least complicated of swaps, allow two parties to swap their interest obligations. He either takes on another risk in return or makes a cash payment in exchange for the risk transfer.

Instruments like forwards and futures play a key role in giving directions to the market prices of the future. Know their uses and advantages, their drawbacks as well as their various types, namely forwards, swaps, futures and options.

What is the Derivatives Market?

Certain exotic types like Cacall, Caput, Barrier options, etc., lure investors with the greed of returns, but what happens many a time is that, traders fail to see the complexity involved in them. Be careful and ask all the right questions before you bring out the cash.

Since most of them involve the play of big money with very little in the way of initial investment, most people fail to foresee the impact they can have on their total funds. A call option gives the buyer the right but not the obligation to buy a certain asset from the call option writer, by a certain date and for a certain price, known as the strike price. They offer the trader, the option of passing on some of the risk that he’s bearing over to another party. They are a boon for the hedgers but not always so for the arbitrageurs and speculators.

Options Contracts

A point to note here is that, while futures and forwards are obligatory buy and sell contracts for the holders, options are rights and not obligations that the holder can choose on whether to exercise or not. On the other hand, forwards, swaps, and CDS are usually traded on the over-the-counter (OTC) markets. On the other hand, with a short position (agreement to sell), your payoff will be the differential between the spot price of the commodity then and the futures price that you have agreed on (S – F).

Understanding Futures and Options

Interest Rate Swaps

Options are basically of two types, a call option and a put option. Here’s and example of an underlying asset.

Interest rate swaps are also derivatives for they too derive their values from the underlying debt instrument. Many an investor have fallen to greed in this market, for everyone else, it is a risk management boon.

Whether futures and options, or swaps and forwards, all require careful and deliberate study. Think about it and you’ll know why so many have gone down while betting on these instruments. How else is it possible that just investing $10 should help you take positions worth $1000. Futures contracts are derivatives very similar to forward contracts, with the main difference being that while forwards are traded OTC, futures are traded on an exchange. Lack of knowledge coupled with greed, turn them into your worst possible nightmare. These are normal financial instruments where you just buy or sell shares of company XYZ (for $20 each, if market value equals the intrinsic value). By definition, they are financial instruments that derive their intrinsic values from the underlying asset that they are based on. When you hold a long position in a forward contract, i.e., you have agreed to buy the underlying commodity at the agreed price, your payoff will be the differential between the forward price and the spot rate at that point in the future (F – S). Options are fantastic in their ability to cater to every possible need of the stock market trader. For example, if a party has a fixed rate payment obligation and another one has a floating rate one, the two can swap their interest obligations with each other without settling the underlying debt.

Mastering these instruments can make you a millionaire overnight, but it is good to understand them first. The value of your option to either buy or sell the shares of this company, derives its value from the actual market prices of the underlying asset, in this case, the shares of company XYZ. Inexperienced options expire once their time duration ends and it is only the premium paid for buying the option that exchanges hands between the two parties.

They are simple financial instruments. Since it is the ‘right but not the obligation’ to buy an asset, it is obvious that the call option will only be exercised if the strike price is lower than the going market price for the underlying asset at that certain time in the future. But before you start thinking about having bigger yields out of these instruments, know a little more about them. Hull in his 1999 book titled ‘Options, Futures, and Other Derivatives’. . Marginal swings in the value of these shares can leave you with the outcome – ‘Investment – $100 and Total Loss $100, 000′. On the other hand, a put option gives the buyer the right but not the obligation to sell a certain asset at an agreed price (strike price) by a certain date in the future. Being traded on exchanges robs the futures of the customization that is available on forwards, but on the other hand, as exchanges play clearing houses in the transaction, futures have relatively lower credit risk.

Uses in Investment Finance

These markets happen to be of two types. They can be used to hedge open positions in stocks and this makes stock trading safer. Arbitrage profit opportunities are those opportunities that allow for risk-free, zero net investment profits, by capitalizing on price differentials on the same commodity in different markets. Last but not the least, they lend monetary power to the traders, for they can take large positions in the stock market with the minimal amount of cash, i.e., by just paying the premium amounts.

Shares of company XYZ have an intrinsic value of $20 each

GAEMS Vanguard Vs Sentry – What’s the Difference?

The Vanguard does offer a remote (mainly for sound control) as well as a more practical ‘sling’ luggage carrier.  The Vanguard does also offer the PGE sling (alternative to the luggage bag) & remote control.. Both the sentry & vanguard are easily fitted into travel luggage to pass all major airlines (and is simple enough to play right there in the airport to ‘pass the time’ with the layover).

Accessories & Features

Both models come with the relative PGE (either Sentry or Vanguard), an accessory luggage bag, customized foam base for the console utilised – PS3, Xbox 360), a 7 inch HDMI cable, user manual & 100-240V power cable. The Vanguard also offers a fully variable viewing angle at up to 170 degrees & integrated kickstand, so you can pretty much choose which ever angle best suits your position– whereas the Sentry is limited to the standard right angle (90 degree viewing).

Both models are TSA (transport security admin) approved for travelling — being light, strong (with an armoured-like shell) and durable.

Sentry: Weight – 8 lbs | Dimensions – 20 x 6.8 x 15 inches

However, both models have the potential to get pretty loud (which is perfect for a large gathering). what’s the difference between the Sentry & G155?) then please do not hesitate to make them in the comments section just below and we will be sure to get back to you as soon as possible.

Sentry: Stereo | Dual Output Jacks | Fits Carry-On

Sentry: HDMI Cable | Badge | Skins | Battle Bag

Sentry: 15.5″ (720p) LED | 90 degree Viewing

Both PGEs offer an integrated stereo, however there is a clear difference in quality whereby the Vanguard offers a ‘chambered metal coned stereo’ which ensures the gaming sound is crisp, just like you would expect (this is not to say however, the sound quality offered on the Sentry is poor though).

Have you decided on getting a GAEMS ‘personal gaming environment’ (PGE), however can’t quite decide on whether to get the compact & more basic Sentry model or the larger & more advanced Vanguard model? If so, then hopefully this brief comparison account — Sentry Vs Vanguard — will be able to help you out through a feature-by-feature analysis breakdown, from which we can see exactly how the two models stack up against each and other & basically see which PGE offers the best value for money specifically for you.

Further Information

What’s in the Box?

Additionally, the Vanguard offers a matte (anti-reflective) layered screen to help deal with preventing ‘shining’ lights that disrupt game play (the Sentry however is subject to fluorescent lighting and you may find it difficult to play in such lighting conditions). But, as you can see from the features above —  they both also offer a dual jack output (of 3.5 mm) for headphones etc (for when you need to play in silence). You can also change the PGEs up with different colored skins, allowing you to personalize it a bit.

Vanguard: Weight – 11.5 lbs | Dimensions – 19.75 x 7 x 16.75 inches

This being said, whether you buy the Vanguard or Sentry depends on a few factors — firstly lets discuss price: the Vanguard as seen is by far the better model but for this you are paying roughly an extra $100 +, is this worth it from a specs point of view? Yes, I’d certainly say so (particularly the edge in video & audio performance).

Console Suitability for: Playstation 3 Slim, Xbox 360, Xbox 360S and the next gen Xbox One & PS4 (to get the most out of the latter consoles, I’d really recommend the vanguard over the sentry due to the better video output performance & quality).

Vanguard: PGE Sling | PGE Remote | HDMI Cable | Badge | Skins | Battle Bag

Both models are actually fantastic (both recieving incredibly positive reviews), and if you buy one I think you will be surprised at the actual quality of gameplay they offer & pretty much their overall build (especially if you have never even seen one before).

Conclusion – Should You Buy a Sentry or Vanguard?

Either way, you are getting a fantastic little video accessory set up — that is perfect for gaming ‘whenever, and wherever you want’, simply “pop it open, plug it in and play” (my friend had one at college, and we used to have a few games of FIFA 13 before an Econometrics lecture, dream).

Vanguard: Chambered Metal Coned Stereo | Dual Output Jacks | Fits Carry-On

Audio Aspects – “Game Quietly or Unleash the Power of Built-in Chambered Speakers”

Specifications

Video Performance

Immediately, you can see the video specs for the Vanguard are more impressive than the Sentry offering you both a larger screen, which in turn I find helps you to ‘immerse’ yourself better in the gaming action as well as an improved resolution as (both operate on a LED screen platform).

Moreover, if you have any questions, comments or concerns (or are seeking further specific or general advice) with regards to the comparison account of the GAEMS Sentry Vs Vanguard or about either the Sentry or Vanguard specifically (e.g. The PGE’s are also of course ideal as portable movie players, simply stick the DVD/ Blu-Ray into your console, sit back and watch a movie (of course the Vanguard again lets itself as the model, if this is your intention).

They are also backed on a one year warranty coverage program (that starts from the date of purchase), in case you were to run into any defects with the console monitor during that time.

In all, from the video & audio specs it is clear the Vanguard offers the better overall gaming experience compared to the Sentry.

However, from a practical view, if you are going to be carrying a PGE around a lot of the time, the extra 3.5 lbs & size (plus the console & controllers) it could potentially become an issue and it is only in this case would I advise you to get a Sentry (although in truth that is actually an excellent model, which you won’t be disappointed in it). But, yet again, is it actually ‘that’ much heavier to put you off? (It depends on the individual).

Vanguard: 19″ (1080i) LED & Accents | Matte Screen | 170 degree Viewing | Kickstand |

Surprisingly, the vanguard is only 3.5 lbs heavier than the Sentry and only slightly bigger — this is potentially an issue though if you are planning to do a lot of travelling, in which case the Sentry is probably more ideal given it is lighter & slightly more compact.

Let me know, which model you choose and why — either the Sentry or Vanguard.

They both come with a 7 inch HDMI Cable as well as a customizable gaming center badge (you can see on the images above) & battle bag (to keep all your accessories & a few games in)

‘Arbitrage’ should put Richard Gere back on the movie star map

Miller’s scheme is mere inches from success when he accidentally kills his mistress (Laetitia Casta) in a car accident, bringing forth questions from the police and his wife (Susan Sarandon).  He works hard to avoid NYPD Det. Roth is coarse as he cuts through all the seedy economic and legal details, desperately trying to stick evidence to the sly and slithering Miller. On top of all that, Miller must hide his fraudulent business dealings from his heir-apparent daughter Brooke (Brit Marling) and try to negotiate his buyer into purchasing his failed company. Though he is a pretty rotten person and quite conscious his actions are destroying everyone around him, it’s hard to not have a modicum of empathy for Miller.

Director Nicholas Jarecki’s first feature shows that he is a master juggler, keeping many equally intriguing threads of the story in the air without ever letting them fall. Jarecki gives us a fascinating look into the mind of a financially and morally bankrupt individual.

Jarecki fashions a wonderful Shakespearean character with Miller. Miller is then caught in a series of escalating nightmares, from an affair gone wrong to the looming merger deadline to becoming the target in a police investigation.

“Arbitrage” opens in theaters and is also available on-demand on September 14.

Richard Gere cooks the books in “Arbitrage,” an elegantly crafted potboiler that fires on all cylinders, giving the “Officer and a Gentlemen” star his juiciest role yet.

Gere is wonderfully contrasted by the gutsy and grimy performance by Tim Roth as Detective Bryer. In a shady move to make his company look profitable and enticing to potential buyers, Miller borrows half a billion dollars from an associate (played by director William Friedkin) to temporarily store in his accounts. She expertly turns a seemingly non-existent role from the first half of the film into a heavy-hitting, blood-boiling performance by film’s end.

Gere is superb at portraying the sliding scale of success. Susan Sarandon gives a noteworthy performance as Miller’s wife. That’s both a testament to Gere’s performance as much as Jarecki’s screenplay.

“Arbitrage” is a resurrection of sorts for Gere. We witness him consciously make terrible choice after terrible choice, like a tragic hero. When things are going strong for Miller, Gere gives us a raucous, pompous performance of a man deifying himself. Gere really shines, though, as Miller comes close to losing everything. He keeps up the façade of a sparkling billionaire, but behind those eyes we see raw fear and a conscience devouring itself.

. No matter which road he takes, Miller is on his way to a very bad place. Bryer’s (Tim Roth) scrutiny while working the legal system to get his patsy (Nate Parker) off an accomplice charge. He is a perfect fit for Robert Miller, just as “Arbitrage” is a perfect fit for the star.

Gere delivers his best performance to date as Robert Miller, a hedge fund magnate secretly on the brink of bankruptcy. With a sale pending, his associate demands his money back, against Miller’s protests

“How to Choose the Right Sportsbook!”

King

. I also like SportingBet (www.SBSportsbook.com) who take US customers and cater for global sports.

Well I am in a position to speak from some experience – I did at one time hold accounts with about sixty bookmakers in Europe, UK, Australia and offshore – the latter catering mainly to the US market. It is, therefore, critical that those US customers put in the research before signing up.

If you have already have an account with a sportsbook watch out for lapses in customer service and slowness of payment – these can be signs that the company could be in trouble.

Not all the above are critical – but help towards finding a secure book. Options should be available that are ‘free’ or where the sportsbook absorbs the charges.

Happy betting!

This article was posted on October 22, 2004

<< Back to “Recreation And Sports” Index

I would say that US bettors are at most risk since they are generally forced to bet at offshore sportsbooks due to legality issues. Often these website owners know nothing about betting, do not hold accounts with the sportsbooks they are advertising and have not researched the companies they are involved with.

The UK has a number of established books including William Hill, Ladbrokes, Coral, and Victor Chandler. Therefore you should think of the sportsbook you are considering as a bank – a place that you intend to keep funds long term.

So you have decided to start betting online – or maybe you just want to find a new trustworthy sportsbook – what do you need to look out for?

“How to Choose the Right Sportsbook!”

 by: Daniel B.

So what do you look for:

It is not that easy finding a reputable sportsbook – partly because the web is populated by website owners who will sing the praises of a sportsbook or casino simply because they earn revenue from signing up customers via an affiliate program. But ask yourself ; “how easy is it to get access to my money and how much does it cost?”

You are keeping your money in an account online.

Find out if the sportsbook is part of a larger group of companies. Sometimes this means added solidity.

What are the deposit and withdrawal options and the associated charges. I have had at least three online sportsbooks go broke on me – luckily my losses were kept to a few thousand dollars – that may sound a lot but it could have been a lot worse.

Read press articles as opposed to reviews – reviews are usually written by the sportsbook’s marketing team.

Test run the software by joining and playing for free – most sportsbooks offer this facility.

Find out if your funds are insured or separated in ESCROW accounts so that if the sportsbook company goes under – your funds are still safe.

Find out if the sportsbook is independently audited.

How long has the operation been online – three to four years is usually a good marker as a minimum.

Test out the customer services to see if they meet your standards or the standards they promise you.

If you know about betting already, then check some of their odds and lines – are they in keeping with what you would expect? Some less scrupulous sportsbooks offer very attractive prices to lure unsuspecting bettors. These vary quite a bit from book to book. The offshore books with whom I work are top grade but it is in the offshore environment that problems occasionally occur

Betfair Lay Betting Tips And Secrets

This is realistically achievable. For handing over a relatively small amount of cash,combined with the exciting prospect of a possible good win looming, the temptation can be simply too much to resist.

Sometimes, this greatly increased chance of a successful lay bet can lure the inexperienced layer into the trap of thinking that lay betting is easy. Remember you are looking for losers, not winners.

As people say “you don’t see a poor bookie very often”.

On the other hand, the experienced and clued up ‘layer’ will have complete confidence in their selection process, whilst adopting a highly disciplined and professional approach to their lay betting. Well it is easy to do, but you need to make confident lay bets based on sound judgement and analysis, always making sure that you are completely familiar with the type of event you are lay betting, no lay betting on whims, or hunches.

Betfair Lay Betting Tips And Secrets – Are You A Backer Or A Layer?

 by: Lawrence Taylor

If your aim is to be highly successful at lay betting on Betfair, you should be looking to achieve a win rate of around 9 times out of 10. By taking bets from people in this traditional way enables the bookies to make millions of pounds profit each year. A couple of minutes before each race, they hurriedly glance through the race card, make their selection then run to the counter to place their back bet, then invariably watch it lose. This fact is undoubtedly true, but with some important differences. If so, I wish you luck because you have done extremely well, but you are very much in the minority.

-Lawrence Taylor-

The back bet – typical ‘backers’ attitude …

Now, I am not suggesting that every backer falls into the above categories. You become the ‘layer’.

Which one are you?

Now we all know that it’s much more difficult to pick a winner, than it is to pick a loser. If the bet loses then the bookmaker will keep your stake money. Since the introduction of betting exchanges such as Betfair, you now have the unique opportunity to lay bets in the same way as a bookmaker. If the outcome of the event that you lay bet does indeed lose, then you get to keep the stake money just like the bookmaker. Well, it depends on what you expect to achieve from lay betting, also what your general betting expectations are. The strange thing is that they follow this same pattern race after race, day after day, week in week out ‘ and the bookies love them! . Sticking rigidly to a good solid staking plan they will never over commit themselves.

Therefore, you might want an answer to this question:-

If you can make money from lay betting in the same way as a bookie, by being a ‘layer’, why would anyone want to be a ‘backer’?

It will come as no surprise to you that I am most definitely a ‘layer’.

Patience will play a big part in all successful ‘layers’, their attitude to risk will be much better adjusted, knowing that their profit will come over a period of time by strictly following a good staking plan, they will only lay bet when their system indicates a strong lay betting opportunity.

I do hope this helps you to decide whether you are a ‘backer’ or a ‘layer’. You become the ‘backer’.

There is one very important thing that most ‘backers’ and ‘layers’ are likely to have in common – they both want to make as much money as possible in the shortest possible amount of time. The ‘layer’ will not be expecting to make a killing from just one lay bet, therefore is likely to be more patient and better prepared, safe in the knowledge that the Betfair lay bet is readily available.

The lay bet – typical ‘layers’ attitude …

Someone looking for a ‘quick fix’, knowing that each time they make a back bet the odds are stacked firmly against them, they are lured into ‘backing’ based purely on a hunch, or a betting tip, maybe from a mate at work. Thank you very much for reading this article.

If you fall into this category because you have developed your own unique method for selecting that really hot horse in a race, or statistics might be your thing, giving you a profitable edge to your favourite sport before you decide on that all important back bet. Sometimes, ‘backers’ will strive to put in the extra work needed, helping them with their final betting selections, by analysing stats, studying form, maybe taking advice, of following good quality betting tips etc.

A ‘layer’ is the complete opposite of a ‘backer’, it’s basically the same as playing the role of the bookmaker. Let me explain …

If you place a ‘back’ bet with a bookmaker in the usual way and the bet wins, the bookmaker will pay out your winnings. Therefore, unlike the ‘backer’, the odds are stacked very much in the ‘layers’ favour as far as the probability of a successful lay bet is concerned.

If you enter a bookmaker’s premises you will often observe many ‘gamblers’ with their lists of lucky numbers, betting tips, hot tips etc, going about the same routine always used to make their selections. They will never lay bet with money that is needed for other important things like household bills, only using money that is set aside purely for their lay betting activities

Casino-Gaming :: Gambling Heroes | ArticleBiz.com

Internet is a good way to know about these moneymaking games. Nowadays the enticement of gambling is at a surge. If the hand matches one of the winning hands in the posted pay schedule the machine offers a payout. For instance betting on horse race, car races, sports betting are all different types of gaming because in these cases too a person puts an amount of money at stake, calculates the odds etc. to play. It is legalized only at few places such as Las Vegas. it provides a rule book for almost every game. Blackjack is popular for card counting, a skill with which players can turn the odds of the game in their favor by making betting decisions based on the values of the cards known to remain in the deck. One that relates to playing casino games and the other to bets on various sports. The game of video poker is quite popular in Las Vegas. However all the players should take gambling in a sporty spirit only. It is played by placing a bet of one or more credits and by inserting money into the machine.

Though gambling is also a good source of revenue yet is proclaimed illicit in most parts of the world. It’s also known as twenty-one and pontoon in British English. People cherish these games across the globe. The winner of the game (who has the best combination of cards) takes away this pot. After this the ‘deal’ button is to be pressed to draw the cards. Besides this there is gambling related to gambling tables, deck of cards, slot machines and the like. This sort of gambling can be within the four walls of a casino or at home. This is followed by a machine evaluation of the hands. Then the player gets a chance to hold or reject one or more of the cards in exchange for a new card, which is drawn by the player from the same virtual deck. Gambling is one amongst the most eminent sources of entertainment today. Moreover with the arrival of online gambling, gaming has reached in every corner of the world. But today with the advent of online gaming any gambling aficionado can relish gaming while relaxing on his couch. Prior to playing any game it is better to get acquainted with its rules first. Gambling is all about wagering money usually to acquire more wealth or even things of material significance. It is also the cause of livelihood for many people.

Some of the most common gambling games are poker, baccarat, blackjack, video poker, slot machines etc. This is why apart from ordinary people it is commonplace to see celebrities gambling in some or the other big casino. Blackjack is the game of card counting. For a person had to collect various ingredients such as cards, table, dice, coins etc. Few decades from now, gambling at home meant lot of expense and work. In poker players make wagers into a central pot with fully or partially concealed cards. Its addiction can be disastrous to the concerned person as well as his entire family.

Broadly speaking gambling is of two forms. Poker is the well-known game of skill.

All these games have different rules and regulations.