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What these numbers mean is that if a gamber bets on Abracadabra and she wins, the gambler will net 4.95 times the amount bet. The same $20 win wager on Abracadabra will now net only $98, a decrease of 5 cents per dollar bet.
One thing to keep in mind when you’re reading the toteboard before the race has begun is that the odds will change as more players enter the pool and place new bets on different outcomes. And as the odds change, the breakage also changes.
In horse race gambling, breakage refers to the way the house rounds down the payout m88 odds on the outcomes of a race. For example, if the bettor wagers $20 on A, then when he cashes in his ticket he will get his original $20 plus $99.
Bad Whiskey: (1190 – 300)/300 = 2.9666667
Bad Whiskey: 2.9
Everything after the tenths place is dropped. This means that the house’s true takout percentage is often between 16% and 17%, rather than the posted value of 15%.
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Diomedes: 1.3. If you should place a winning bet, the house will take at most 9 cents per dollar and at mininum 0 cents per dollar, for an average of 4.5 cents per dollar. Since most horse racing arenas that allow betting break on a dime, meaning they round down to the nearest tenth, a winning bet may be reduced by a maximum of 9 cents per dollar wagered. The betting pool before the house takes its cut is $1400. As for the wagers, $200 is staked on A, $300 is staked on B, $400 is staked on C, and $500 is staked on D. Here is a simple example that shows the effects of breakage, or you can also test different scenarios using a horse race betting calculator.
Copper Penny: (1190 – 400)/400 = 1.975
Without breakage, the payout odds for each horse are calculated as follows.
Four horses are competing in a race: Abracadabra, Bad Whiskey, Copper Penny, and Diomedes. What this means is that the race track takes in more than its standard takeout from the pool, and win wagers payout a little bit less. Now suppose the race track takes a standard 15% cut from the pool, so the true size of the pool is $1190.
Copper Penny: 1.9
However, in nearly all race tracks that allow betting, the payout odds are rounded down to the next tenth, this means that the payouts will actually be
Diomedes: (1190 – 500)/500 = 1.38
Abracadabra: (1190 – 200)/200 = 4.95
You won’t know how breakage will affect your payout until the betting station has closed
It consists of a single selection in two of the races, two qualifiers in another two races, and three qualifiers in the remaining two races. If you are an experienced form student you may add your own know-how to the selection process, but at this juncture we are going to base our qualifiers on SP forecasts. To cover three in every of the six races would require 729 bets, IE. If there is a abundance of meetings then it is as a rule better not to use the main meeting of the day as this pretty frequently includes races with huge, competitive fields, and it makes our work of discovering horses to place more problematical. These will be the most dependable favourites of the day, and even if they do not win, they ought to place. Conversely, the lowest grade meeting of the day, particularly in the flat season, in addition has its issues. 729 times the minimum stake at 0.10p a line!! #72.90 Ouch!!
Now to select our qualifiers for the perm. Unfortunately it’s not that straightforward! The more racehorses we pick in each horse race, the more expensive our stake. – Obviously in the outstanding two races, we use the first two in the betting forecast as our two qualifiers in the perm.
To win the pot we need to decide on a placed horse in every race. If you use it on a daily basis you ought to win the Placepot a few times a month. Using the morning betting forecasts is a very dependable selection method to employ with this system.
The Placepot Horse Racing System Method:
The perm we exercise in this plan uses just 36 lines, at 10p unit stake the bet costs simply #3.60. Obviously if we had covered say, three racehorses in each race then our odds are greatly enhanced. This is largely a Fun m88 bet so do not go sticking wads on it, nor expect a load of winners, but when it does win you can be paid out #100s!!! This horse racing system ought to point you in the correct direction.
Here’s what to do:
One final note with reference to which paper to use. What it pays though depends on how many others share the pool.
Firstly, we have got to choose which meeting to employ each day. These perform as our single entries in the perm. The horses here are frequently ridden by the poorest standard of jockeys that makes research grueling. Don’t be fooled into thinking that since the selection method is fast and simple, it is useless. So when presented with a diversity of meetings select the second biggest meeting of the day to work on. Look for the two races with the shortest priced favourites. Most bookies now supply Placepot perm slips that make entering easier, but you can additionally do them online these days.
The Placepot is likely without doubt the finest value bet in betting. To win the Placepot you need to pick a horse to be placed in each one of the first six races at a horse race meeting. The one with the second highest value will be the one to take advantage of.
Having selected our meeting, we now need to build our selections using the horse racing system for qualifiers.. Forecasts tend to be more accurate, but whichever you use, keep to the same one every day.
- Look at the SP forecast prices for the six horse races concerned. – Select the two races with the largest fields, they are typically big handicap races, and are constantly the hardest to pick winners in. 1 x 1 x 2 x 2 x 3 x 3 = 36 bets in total.
Good luck with this Placepot horse racing system.
We now have all the elements for our perm. It is better to stay to just a single meeting for each day. I suggest using the Racing Post as their SP. This allows us to select more than a single horse in every race. If you are uncertain which one this is, then add all together the prize values of every race at every meeting. Take the first three racehorses in the betting forecast in every one of these races, they will be our three qualifiers in the perm. To win the Placepot we are going to use what is termed a Placepot perm
The bottom line is that the nature of investing results in a much higher level of competition than does poker, and with investing, it’s a negative sum game due to expenses. On the other hand poker is a game of skill and the best poker player will win in the long run. As an analogy, I would play the stock market if I was Warren Buffett. Their quest for alpha generates incremental expenses. In terms of individual skills, Andy Roddick has a better serve, Andy Murray has a better backhand, Fernando Gonzalez has a better forehand, Rafael Nadal has a better baseline game and is considered a superior player on clay, Radek Stepanek has a better net game and David Ferrer is faster. It is as if the market were a huge, relatively low-cost, continuous polling mechanism that records the updated votes of millions of investors in continuously changing current prices. Until I am certain that I am, or have advice from, the best in the game, I’ll take a pass on the entertainment account.”
The quest for alpha is a game played on a different field
Here is another way to think about the quest for superior investment performance: “The potential for self-cancellation shows why the game of investing is so different from, for example, chess, in which even a seemingly small advantage can lead to consistent victories. In other words, unless you see Warren Buffett when you look in the mirror, it’s a game you’re not likely to win.
(Money Watch) My post of September 09 was on the value/need investors have for an entertainment account. The level of competition is of an entirely different variety in the world of investing. The entity you are competing against is the entire market and the accumulated information discovered by all the participants and reflected in prices.”
Image courtesy of Flickr user slgckgc
Roger Federer is the greatest tennis player of his era and perhaps the greatest ever. One reader offered the following comment: “As I see it there are different types of gambling. If you are better than your opponents, no problem. Today, Nadal and Djokovic are battling for that spot.)
Let the greats play the game
Each investor, using the market to serve his or her own self-interest, unwittingly makes prices reflect that investor’s information and analysis. Investing is more like poker. I am not Warren Buffett, nor are most who claim to be. His stats have since changed. Investment managers trying to outperform are not engaged in a zero-sum game. The market is too vast and too informationally efficient.”
While the competition for Roger Federer is other individual players (just as it is at the poker table), the competition for investment managers is the entire market. In light of this mechanism, for a single investor (in the absence of inside information) to believe that prices are significantly in error is almost always folly. If that had been the case, Federer would not have produced the same results.
The world of investing presents a different situation. It would be as if each time Federer stepped on the court he wore a pair of ankle weights while his opponent had no such handicap.
Rubinstein is making the point that the competition for an investment manager is not other individual investment managers, but is instead the collective wisdom of the market — Adam Smith’s famous “invisible hand.” As author Ron Ross points out in “The Unbeatable Market”: “The quest for market-beating strategy boils down to an information-processing contest. I will only play in poker games when I am the best player. But what is important to understand is Federer’s competition is other individual players. Investors implicitly lump the market with other arenas of competition in their experience.” Rex Sinquefield, former co-chairman of DFA, put it this way: “Just because there are some investors smarter than others, that advantage will not show up. (Note, at the time I wrote the book, Federer was the clear number one player in the world. Public information should already be embedded in prices.
When Federer plays tennis (or poker, unless he is playing at a casino which takes its cut from every hand) he is engaged in a zero-sum game — either he wins the match or his opponent does. With as much as 80 to 90 percent of the trading done by institutional investors, it is difficult to think of a large enough group of victims to exploit in order to generate alpha, especially after considering the costs of the efforts — bringing us to the next important point (which presents another difference between investing and poker).
While I think the analogy of poker to investing is interesting, there are important differences between the two that renders the analogy inappropriate. Any time gambling involves conceding odds to the house, I’ll pass unless the stakes are truly immaterial. Yet, Federer is the best player.. The combination of these two factors results in the requirement of a much greater advantage in terms of skill to expect to win the investment game in the long term — the only term that matters. The difference is why we don’t see persistence of outperformance of investment managers. To understand the difference, we need to understand how securities markets set prices.
Dr. No one would consider it luck he won a record 17 Grand Slam singles titles. Mark Rubinstein, Professor of Applied Investment Analysis at the Haas School of Business at the University of California at Berkeley, provided the following insight:
It is important to understand that the results of any m88 game are more dependent on the skill … More Info
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To the extent that most handicappers use pedigree at all, it’s usually to identify horses that may improve when switched to the turf, or those who may be expected to win as first time starters. The inside post combined with early speed is a particularly potent combination, since the horse will not have to exert himself as much to gain his preferred position at the front of the pack.
Nunamaker reported that the inside post in dirt route races won at a 20% greater than expected rate, and lost only 10 cents on the dollar, much better than the track take. I was able to replicate this result in my own study of nearly 100,000 races conducted a decade later.
Instead of blindly betting all horses breaking from the inside, you might use this to supplement your handicapping, paying particular attention to the inside horse, and betting it when you like the horse on other handicapping grounds. Let me let you in on a little secret about these “magic formulas”. This is somewhat counter-intuitive since you’d expect that horses with good pedigrees that end up in the maiden claiming ranks probably can’t run at all.
Second, the very nature of the parimutuel system itself means that any profits to be made from following a particular set of rules will quickly be arbitraged away as the followers of that system drive down the odds of horses chosen by the system.
Horse Racing System #3 – In maiden claiming races, bet the horse with the best pedigree. The inside post in turf routes actually showed a small profit, but this was based on a small sample size and cannot be relied upon. My computer studies of pedigree, based on nearly 100,000 races, suggest that using pedigree in that manner offers no advantage to the player.
The horse with the best last race speed figure (whether Beyer, BRIS, or Equibase) may not be the best horse in the race, but he’s probably not far off, so we can use that as a proxy for selection purposes.
Horse Racing System #5 – Bet Horses breaking from the inside post in route races. Because speed figures have gained in popularity over the years, anyone following that system now would have trouble coming up with gas money for the ride home from the track.
In the first place, the parimutuel takeout in horse racing is large (over 15%) and the mutuel pools are relatively efficient, so that even systems with a strong basis in reality can’t overcome the size of the takeout.. I’ve identified some of the most useful handicapping factors that have a proven history of doing much better than the track takeout and put them together with some simple rules that should make your trips to the racetrack more fun and profitable. In most case the public seems to take a horse’s last running line at face value. It must follow, therefore, that if we bet the best horse that has started at least twice, we stand an excellent chance of beating the takeout, particularly in races that have several first and second time starters.
This causes the favorite to be under bet in the place pool, leading to a profit opportunity for us to take advantage of by betting the favorite to place. The horse with the best combination of the two is the play.
For as long as humans have bet on horse racing there have been system sellers trying to con the gullible into parting with their hard earned money with the lure of easy profits to be made on the sport of kings. This offers opportunity to more diligent players.
How do we identify the best pedigree, then? If you’re using the DRF past performances, use the stud fee as a proxy for quality, and the Tomlinson figure to judge suitability for the distance and surface. It should go without saying that you should actually like the favorite’s chances after evaluating the race with your own handicapping.
In that spirit. If the tote board suggests that the public is overlooking these mitigating circumstances, make your play.
For instance, many speed figure handicappers reported making horse racing profits in the 60′s and 70′s simply by betting horses with the best last race speed figure. With the BRIS pp’s you can use the Sire Production Factor in concert with the pedigree rating. Thanks for reading, and see you in the winner’s circle.
Horse Racing System #1 – In maiden races, bet the horse with the best last race speed figure that has had at least two career starts. They will, however increase the chances of a profitable day at the races by ensuring that your wager dollars go where they have the best chance of success. This is another mistake that bettors make: in a race with a clear standout, many people give up on the win pool and bet their choice to place, thinking that they’ll get paid even if the favorite wins.
Horse Racing System #2 – Bet horses that have an excuse for a poor performance in their last race. My study suggests that’s not the case.
Looking for a dead simple horse racing system that will allow you to quit your job and make a living betting the horses in just 10 minutes a day? Good luck with that!
Look for comment lines like “bled”, “lost rider”, “clipped heels”, “stumbled”, “steadied”, “between horses”, “rank”, and “jumped shadows” that suggest that a horse’s last race was not indicative of its true ability. None of them work.
First time starters return only about 60 cents on the dollar, and second time starters are only a little better, returning less than 70 cents on the dollar. This system takes advantage of one of the few glaring inefficiencies in the parimutuel pools, namely that first and second time starters are badly over-bet.
Horse Racing System #4 – Bet low-priced favorites to place. Few bother to even look at the comment line for … More Info
But New Jersey might not get a long-lasting edge. And he hinted that his league might be less opposed than in the past, primarily because of the interest gambling generates. This week, Gov. What New Jersey hopes is that the opportunity to bet on football and basketball will bring in bettors who also throw a few bucks into slot machines and at blackjack tables.
Even if the obstacles are cleared, sports betting is not likely to be a cure for Atlantic City’s casino problems.
CNNMoney (New York) First published September 9, 2014: 3:18 PM ET
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NBA Commissioner Adam Silver recently said it’s inevitable that legal sports betting could spread beyond Nevada, the only state that now allows it.
“Everybody knows here that if you have a gentlemen’s bet or a small wager on any kind of sports contest, it makes you that much more…engaged in it,” Silver said at a sports forum in New York.
Leagues have opposed sports betting because of the possibility it could compromise their games’ integrity — a concern ever since the thrown World Series in 1919. 9, 2014 by Chris Isidore @CNNMoney September 9, 2014: 5:26 PM ET
Don’t bet on that lasting. Chris Christie declared sports gambling decriminalized in casinos and racetracks.
Terms & Conditions apply
Legalized sports gambling would be winning bet for NBA & NFL – Sep. “That’s where we’re going to see it pay dividends.”
Related: Sports gambling vs. The National Football League and Major League Baseball declined to comment. That’s the main reason that despite being an attractive and growing market, no major sports team is based in Las Vegas
The first state poised to try to join Nevada is New Jersey, where casinos are tumbling into bankruptcy and cutting thousands of jobs. He says the casinos hope the problems can be resolved in time for the Super Bowl in February.
But an attorney for the state’s casinos, Lloyd Levenson, says there are federal obstacles to legalized sports betting that need to be resolved. the stock market
NBA spokesman Mike Bass wouldn’t say if Silver’s comments represent a formal change in policy in the league.
In Nevada, the sports books are the least profitable part of the casinos, accounting for just 2% of revenue. States surrounding New Jersey all have casinos, and could act to legalize sports betting if they thought the Garden State was winning big… More Info
She had the Falcons as a three-point underdog, and the Texans and Redskins as one-point underdogs; they won and covered. They scored 61.
The final game of the parlay was on Monday night, where she had the Lions as a three-point underdog. She cashed in by being on the right side of the point spread in 14 games and correctly picking the over in the Steelers/ Broncos game.
For William Hill sports book director Nick Bogdanovich, this weekend wasn’t a good one, to say the least. Even though she was getting higher odds for picking against the spread, she said she spent time just picking who she thought was going to win the game instead.
The closest game she had was the Steelers, who were six-point favorites on the card, beating the Broncos by a touchdown after spotting Denver a 17-point lead. They beat the Saints, 35-27.
Bogdanovich said the $5 15-team parlay card for $100,000 has hit before. The Packers won by 10 as a three-point favorite.
Her dream, she says, is to make Vegas a pit stop on the way to owning a beach house in California.
Thanks to one of the most improbable betting stories, that might happen sooner rather than later.
The against-all-odds story gets better: Polia said this is only the second bet she has placed in her life.
An hour later, Polia, with $20 in her account, risked $5 on the parlay. Not only did Polia’s payout come through, but a 15-game parlay where bettors just have to pick the winners also hit. “So I thought it was strange when I looked at it [Tuesday] morning and saw that I won.”
Aside from the Giants as five-point underdogs, Polia’s card had the Vikings as a five-point favorite, and they won by 21. Polia had the Giants as a five-point underdog.
“I remembered that I picked the Giants and they lost,” Polia said. William Hill paid out a couple times in Delaware, where betting on the cards is permitted.
Polia then called up William Hill and the person on the other line informed her that she was picking against the spread. “Of course, he didn’t believe me.”
The 26-year-old Polia, who had just moved to Las Vegas two months ago, got 20,000-to-1 odds on the parlay card on betting firm William Hill’s mobile site. A progressive pot of $170,782 was split by 17 people.
One of the biggest long shots in betting history will be cashed on Wednesday afternoon when Tayla Polia gets paid $100,005 for her $5, 15-leg NFL parlay that came through this week.
Polia said she has loved sports her entire life — a Celtics logo tattoo on her hip is a testament to her love of Boston, which she left because she got sick of the winters.
Polia said, upon hearing the news, she fell to the floor of the law firm where she works in disbelief and, minutes later, said she was going out to lunch.
“On Sunday morning, my boyfriend and I were sitting on the couch talking about how spreads worked,” Polia said. The Panthers beat the Giants by three. She bet that both teams would score more than 45 points. Polia also was required to pick the over or under on that game. The Chiefs, as an eight-point favorite, crushed the Ravens by 20.
. Her card had the Cardinals and Bengals as four-point favorites, and they won by 23 and 10, respectively.
“I somehow drove back home to tell my boyfriend in person,” Polia said. “He was frustrated since I wasn’t getting it right away.”
The Chargers, as a two-point favorite, beat the Dolphins by 16. The Patriots and Seahawks were 14-point favorites and they both won by 17… More Info
This makes it very much important on your end to find a safe place to bet. It is important on part of the bettor to read the rules and guidelines of the sport books carefully before placing their bets.
· It is very important to increase your knowledge about the sport game you are betting into. Though online sport book gamblers cannot see each other physically, they all thrive on the numerous bets taken online.
· Always use the trial program offered by the sport book website to try their services for a day or two. The winning amount is paid to the bettors on the completion of the sport event or if not completed, when played long enough to become official, otherwise all bets are returned.
. Today there are nearly around 150 licensed sports books in the United States, all located in Nevada casinos. Some bet on sport book just for fun and excitement. Make sure to do a proper research on the game in order to make more money. More basically people bet on sport books to make money. This will give you a better idea of their services and help you select the site accordingly.
Online sport book gambling means different things for different people. Considering the number of sport betting sites on the web it is difficult to select the best one of the lot. Online sport book gambling has become a source of living for may people all over the world and they consistently seem to make money by beating the house.
Online sport book gambling enables bettors to bet on various sports competitions including golf, football, basketball, baseball, hockey, soccer, horse racing and boxing. Online sport book gives gamblers an opportunity to be a part of dozens of bets within seconds. Some bet on their favorite sport just to make the game more exciting no matter what the point spread may be.
Finding a secured and a reliable Sport Betting Site
Online sport book gambling is soon becoming popular with the invention of the Internet over the last decade or so. There is every chance that you might come across scams sites, full of liars who only want to make money… More Info
The Colts led 17-6 at halftime, but couldn’t salt away the game and ended up losing, 30-27, on a last-second field goal.
No one has hit one of the 15-team, $5 parlays since 2011. The odds of picking all 15 games correctly are roughly 32,000-to-1, according to the lottery. His 15th pick would have turned the $5, 15-team parlay card into a $100,000 winner. “Then to have the Eagles rally like that — and to win in the last three seconds of the game — it was agonizing to watch when you knew one player was so close to such a big payout.”
The Delaware Sports Lottery, outside of Nevada, is the largest legal sports betting operation in the U.S. Single-game wagers are not allowed; nevertheless, the lottery is growing substantially.
Wagers are accepted at the state’s three racetracks — Delaware Park, Dover Downs and Harrington Raceway — in addition to more than 60 retailers.
. More than 4,500 $5, 15-team parlays were placed for Week 2 of the NFL.
More than $32.5 million was wagered in the Delaware Sports Lottery during the 2013-14 season, a 28 percent increase from the previous year. “Our risk manager told us Sunday night that only one person had hit 14 games and needed the Bears and Colts.
“It definitely looked like Delaware had a winner when the Colts were up 14 midway through the third quarter,” Kirk added. It only accepts wagers on the NFL and requires bettors to pick a minimum of three selections per wager. Only $10.72 million was wagered on the lottery in 2009-10, the lottery’s first year.
A bettor in the Delaware Sports Lottery picked 14 consecutive NFL winners against the spread over the weekend. Unfortunately, they took the Colts to beat the Philadelphia Eagles by more than a field goal.
A $5 bet was poised to turn into a $100,000 payday before the Indianapolis Colts melted down Monday night.
“Honestly, we were rooting for the guy, starting with Sunday night’s game,” Delaware Lottery director Vernon Kirk said… More Info
The company doesn’t disclose revenue for its Azure cloud computing service by itself. The competition could mean lower prices and more innovation, both for businesses that buy cloud-computing services and for consumers who use popular apps — from Netflix to Pinterest and Airbnb — that run in the cloud.
IBM and Google have 7 and 5 percent, respectively.
As evidence the investment is paying off, Microsoft Corp. But cloud computing is “the area that offers the highest potential for the entire company to grow its way out of a very mature PC business,” said Dan Morgan, senior portfolio manager at Synovus Trust, which holds Microsoft shares.
For consumers, competition in the cloud-computing industry could mean their favorite social media site or streaming entertainment app doesn’t depend on a single company to keep its service running. It’s helped drive up Microsoft’s stock price by 15 percent over the last year, despite sluggish sales of PC software and the near-collapse of its floundering smartphone business. But Microsoft’s “Intelligent Cloud” division — which includes Azure and some software that customers use in their own data centers — reported revenue of $6.7 billion, up 7 percent from a year earlier. Increasingly, that’s also true for big companies like General Electric and Boeing, which provide online data and other services for their commercial customers, and which recently signed deals to move some of those services to Microsoft’s cloud.
For Microsoft, meanwhile, cloud computing has been the company’s biggest source of growth in recent quarters. The company’s stock was up about 4 percent in after-hours trading Tuesday following the earnings report.
If Amazon has been the undisputed king of the cloud, analysts say Microsoft, Google and a few other tech giants are emerging as rivals. reported Tuesday that its Azure cloud-computing business more than doubled in sales last quarter, compared with a year earlier. That helped boost Microsoft’s overall sales to $22.6 billion, after adjusting for deferred revenue, for an overall increase of 2 percent.
“Some companies will want to work with multiple cloud providers, so if anything goes wrong, they have redundancy,” said Frank Gillett, a tech analyst with Forrester Research.
In a rare concession, Microsoft signaled last week that it was backing off its stated goal of getting Windows 10 on a billion devices by 2018. Analysts say the timetable was probably slowed by a continued slump in global PC demand, as well as Microsoft’s failure to persuade consumers to buy Windows-based phones.
Nadella has poured billions of dollars into building new data centers around the world, hoping to position Microsoft as the leading alternative to Amazon in selling online computing power — housed in remote centers or “clouds” — to internet startups and big corporations, as well as consumers.
Revenue from the division that includes Microsoft’s Office productivity software was up 5 percent. The latter includes licensing fees that PC makers pay for Windows software, which saw an uncharacteristic increase, offset by declining revenue from smartphones and Xbox consoles.
Microsoft still relies heavily on the PC business, and it’s been aggressively promoting Windows 10, the latest version of its operating software for PCs and other devices. But sales from the “More Personal Computing” segment fell 4 percent. But Nadella has positioned Windows 10 as part of a broader software ecosystem that includes money-making online services like Skype and the ad-supported Bing search engine.
SAN FRANCISCO (AP) — In a world where there’s a smartphone app for everything, one company __ Amazon.com Inc. Like Microsoft, IBM reported this week that its cloud revenues increased in the last quarter, despite a broader decline in its traditional software business.. — has long been the host for an outsized share of online software and computing services.
Amazon pioneered the cloud business almost 10 years ago, when the online retailer began renting out unused capacity on its own servers. Estimates vary, depending on how you define “cloud computing,” but analysts at Synergy Research Group say Amazon still has more than 30 percent of the market, while Microsoft has grown to 10 percent — partly on the strength of Microsoft’s promise that its cloud services are compatible with Microsoft software that customers already have on their own computers.
Some investors worry the cloud business isn’t as profitable as selling traditional software, since the latter didn’t require massive spending on data centers. That growth, combined with increases in revenue from Windows software licenses and other key segments, helped offset a big decline in revenue from the Nokia smartphone business that Microsoft largely shut down last year.
Microsoft CEO Satya Nadella wants to change that.
Results from Microsoft’s latest quarter underscored that trend… More Info
You can also take a look on online lives scores of the matches and take the reviews of expert’s punter
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Online-betting.me.uk provides all information that you require for placing winning soccer bets. Both of the teams have unbeatable good players,but then you should make bets after doing plenty of research work,don’t just stick to one,play smartly. Make sure you have maintained a betting limit , instead of wagering with hefty bucks, play with a small amount many times. Websites guides players about recommendable bookmakers, betting tips, free bets and bonuses which let the players to have a unique betting style.
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and Nevada are already poised to start online gambling, mostly poker. He said online gaming would likely bring more visitors to casinos.
“We are about to see this explosion of Internet gambling sweep across the nation,” he said. On Friday, the Justice Department reversed its previous stand on the 1961 Wire Act – saying that it applied to sports betting but not online gambling – after years of hunting down online casinos like the billion-dollar-plus Full Tilt Poker.
He advised states looking to jump into online gambling to first do a study on the current rate of gambling addiction among youth and gambling adults to see whether there would be a spike.
“States are looking to maximize revenue from gambling, but they also need to minimalize the social costs,” Whyte said.
Bronson of U.S. “All we’re seeing is every single state proposing more and more legal gambling. Steve Beshear is pushing for expanded gambling in his state. Nelson Rose, Whittier Law School professor and expert on gaming law, called the Justice Department move a “major Christmas present for the Internet gambling community.”
Image credit: Karen Bleier/AFP/Getty Images
“It’s money and [states] can’t raise taxes anymore and they can’t cut services anymore so they need a way to raise money and gambling seems to pay more tax,” Rose said.
“In some ways, we’re concerned that when these existing industries expand [under the new Justice Department rule] they’re going to do the same shoddy job of enforcing that they’re already doing,” Whyte said.
This would be good news for Florida, where lawmakers are set to consider a measure to bring three casino resorts to the southern part of the state. Digital Gaming estimated that tax revenue for the states would be about 25 percent. Gambling is seen as a painless tax, involuntary tax so it is an easy way to raise revenue without raising real taxes.”
Rick Bronson, chairman of U.S. … Kentucky’s Gov. In New York, the governor is pushing for the legalization of casino gambling.
According to a 2010 Morgan Stanley report, analysts said that allowing Internet gambling could bring in $5 billion.
In fact, Washington D.C. Digital Gaming, said the change would give states the ability to legally operate online gambling beginning with poker and also sell lottery tickets on the Internet.
I. And in Illinois, there are hopes that online tickets will increase sales for the lottery.
He said that poker would likely generate $12 billion a year in revenue for states and that the lotteries – already a $60 billion to $70 billion business – would continue to grow.
Regarding Internet gambling, Rose said states would have to require strict regulations to prevent gamblers from becoming addicts and to ensure that minors do not participate.
He said that youth were already gambling online and that the industry was not doing a good job preventing it.
Forget the monkey or the rooster, 2012 could be the year of the gambler and experts say that while that would mean more money in states’ pockets, it could also put young people and adults at further risk of addiction.
Keith Whyte, the executive director of the National Council on Problem Gambling, said there were a half a million youth ages 12-17 with gambling problems.… More Info
He is more in tune with materialism and gives in wholeheartedly to the accumulation of money and riches. ? Also, the threat from foreign aggressors may be greater, as the governing class, due to their far lesser numbers will be unable to amass a huge army, they will be reluctant to arm the oppressed working class too, fearing a revolt.
Like before, Plato says that the oligarch can be the son of a timocratic king, but without the love of honor and integrity that the latter possessed. They accumulate wealth and spend it, often in excess, leading to a dependence on monetary policy and increase in the demand of wealth in the general population. This is how a timocracy turns into an oligarchy, where riches are concentrated in the hands of a few.
Plato also highlights problems an oligarchy will face as a result of this divide.
? The rich men will consolidate power and wealth leaving the poor desperate for social emancipation, causing them to rebel against the oligarchs.. The laws are therefore changed to enable only the ruling class to hold great wealth, thereby guaranteeing their supremacy over the worker class. However, he is also astute as he knows mindless spending can bring even a rich man to his knees and is therefore, moderate in his pursuit of materialistic pleasures.
Although the aristocratic form of government as described by Plato expressly forbids the king from owning property (his needs are satisfied by the voluntary contributions of his people) the kings in a timocracy and oligarchy are allowed to do so… More Info
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Then I started to notice that when ever me and the guys got around to watch some college football, that my odds were lower than theirs. I have used many sports books that are online these days, and for the most part they seem good, but one sports book in particular stood out to me. They also have cash back on losing bets for the playoffs, and some special basketball promos as well. So i figured since I had this extra cash I might as well go and play some Hold’em, which was nothing special but a fast download. This is an advantage when you want to do some research before you go and lay money down. .
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Other things that Sportsbook.com has going for itself, is that they had some neat flash casino games. So I noticed that right off the bat as by far the biggest advantage that sportsbook has on their competition. That was sportsbook.com. Another thing I started to notice, especially on basketball games, is that they got their odds out faster than other sites. You should check it out. But sometimes it was 1/2 a point, which is the difference between a push and a loss or a win!! Thats a big deal when you have a couple hundred riding on the game. For free!!! It takes like 10 minutes and you might actually win, which I thought was cool. I didn’t have to call anyone or set up new accounts on netTeller, or anything. Which of course is all just dumb luck on a silly slot machine I was fooling with. And playing around with 5 bucks I was able to turn that money into 150 bucks. Such as the perfect parlay, which is free to play, for the NFL and if you pick all the games right you get 100,000 bucks… More Info