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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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There are two major issues that I’ve seen with weight training for wrestling programs in my years of experience.
Bicep Curls- 3×10
Superset- Squat 4×8 and Dumbbell Walking Lunge 3×8
Weighted Pullups- 3×10
Bicep Curls- 3×10
Weighted Pullups- 3×10
Superset- Cuban Press 3×12 and Tricep Kickbacks 3×10
First, a great majority, especially those at the collegiate level, are basically offshoots of the football weight training program. This is the exact program he used over the summer of 2009, the summer before Cornell placed 2nd at Nationals and had 2 National Finalists. In addition, Tom used similar types of programs for the 10+ years he was at Cornell working with the wrestlers. These percentages and 2 more weeks of this program are included as one of 4 free gifts for signing up for my newsletter at http://www.wrestler-power.com
Dumbbell Incline Bench- 4×8
Day 3 Weight Training for Wrestling
Alternate Dumbbell Bench- 3×10
Cable Row- 3×10
Cable Row- 3×10
Second, there are a few systems and programs that are available that are absolutely fantastic. “Hardcore” equipment like this exists at underground gyms and training facilities and if you’re a member of one of those, there’s a good chance you already have someone helping you with your training. So for those of you who aren’t fortunate to workout at a well-equipped hardcore gym, keep reading, I have some great news for you…
Day 1 Weight Training for Wrestling
Tricep Kickbacks- 3×10
Bench Press- 5×3
Day 4 Weight Training for Wrestling
The other day I was fortunate enough to have former Cornell Wrestling Strength Coach, Tom Dilliplane, send me a copy of his 16-week summer program. However these weight training for wrestling plans consist of exercises with sandbags, kettlebells, tires, kegs, thick reps, and a lot of other training tools that most wrestler don’t have access to. Oftentimes people are after the next greatest thing. Yes, those YouTube videos of someone performing a cool looking exercise with a big tire look cool. But believe me, this isn’t the focus of the weight training for wrestling plans I have my wrestlers use. While I do believe that these are great ways to bridge the gap between traditional weight room strength and functional wrestling strength (I use them myself often with my wrestlers), I also understand that a majority of wrestlers reading this article do not have access to this type of equipment. As wrestlers we know the truth- nothing replaces good old fashioned hard work. Look at all the infomercials out there for the “next biggest thing in fat loss” or whatever. would be using them already? Anyway, that’s enough, lets get into some weight training for wrestling plans.
Incline Bench- 4×8
Superset- Bench Press 4×8 and Med Ball Pushups 3×8
Power Clean- 5×4
Power Clean- 5×4
Weight Training for Wrestling Workout (first week in Tom’s Summer Program)
. While there are some similarities, football players should be more focused on developing absolute strength, whereas wrestlers should focus their weight training on relative strength and power (strength per bodyweight).
Please note that Tom bases all of his core movements (Squat, Bench, Clean, Deadlift, etc.) off of percentages of your max. Day 2 Weight Training for Wrestling
As the sport of wrestling continues to grow (with at least some thanks going to the increasing popularity of MMA), weight training for wrestling has become a very sought after. While some would say the program looked boring and repetitive (you would not believe the repetition of such exercises as the Bench Press, Squats, High Pulls, Weighted Pullups, and other exercises that many may consider to be plain and boring but obviously get the job done) the fact of the matter is this- it works. Sticking to the tried and true barbell and dumbbell exercises that have withstood the test of time is what’s going to lead to the best results with your weight training for wrestling plan. And that should be the same way you approach yourweight training for wrestling. I know, I post them from time to time. Additionally, I think it’s worth considering the fact that if these new age styles of training were so groundbreaking and effective, don’t you think all the big wrestling schools like Iowa, Cornell, Iowa State, etc… More Info
Running back Trayveon Williams led the way with 94 rushing yards for the Aggies.
5. 15 Houston over No. He threw for 321 passing yards and two passing touchdowns.
Running back Leonard Fournette rushed for 138 yards but did not score a touchdown. Texas A&M over No. 5 LSU 16-14
The Spiders forced four turnovers in the game (3 fumbles and 1 interception) and came out the gates fast, jumping out to an early 13-0 lead.
It was a wild opening weekend of College Football! Some teams saw their College Football Playoff chances put in jeopardy while others overcame impossible odds to win their season openers. One things for sure: It was a rough Week 1 for the SEC.
The Bulldogs had a chance for a victory on a field goal attempt by kicker Westin Graves from 28 yards out. Rosen threw three interceptions, including two by Aggies cornerback Justin Evans, in what was a forgettable start to his sophomore season.
Badgers’ kicker Rafael Gaglianone kicked three field goals, including a 47-yarder with 3:57 left in the fourth quarter which proved to be the game winner.
Richmond even managed to accumulate more first downs with 24, the Cavaliers had 19. Richmond over Virginia 37-20
1. was spectacular for the Cougars. The Spiders rushed for 187 rushing yards and passed for 337 yards through the air. Knight, a graduate transfer from Oklahoma, threw one passing touchdown and ran for two touchdowns in the season opener.
. The Spiders scored twice before the Cavaliers ran an offensive play from scrimmage, which proved doom in the long run.
The unranked Wisconsin Badgers upset the LSU Tigers and spoiled early Heisman hopes for the Leonard Fournette in the process.
– RedditCFB (@RedditCFB) September 3, 2016
Greg Ward Jr. 3 Oklahoma 33-23
It was not a good day for quarterback Brandon Harris or the LSU offense. It was the first victory for the Spiders against the Cavaliers since 1946.
The South Alabama Jaguars were down 17-0 at halftime before scoring 21 points in the second half to shock the Bulldogs at home. The game winning score came with 57 seconds left when Dallas Davis tossed a four yard strike to Gerald Everett in the back of the end zone.
4. No. The Cougars defense forced two fumbles as well.
3. The Cavaliers only managed 38 total rushing yards for the whole game and were outgained 524 to 302 total yards of offense.
The Aggies rushed for 203 yards and three touchdowns on the day. Harris threw two interceptions and couldn’t seem to put the Tigers in a position to win all game.
Next: Wisconsin over LSU
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The Cavaliers were simply outplayed in Bronco Mendenhall’s debut.
Next: Texas A&M over UCLA
The Mississippi State Bulldogs were casualty number 1 in the SEC, dropping their season opener against FCS opponent South Alabama 21-20.
Brandon Wilson’s 109 yard kick six return was also a key turn of events. The Cavaliers dropped their home opener 37-20 against FCS opponent Richmond Spiders.
The Cougars dominated the line of scrimmage all game, only allowing 70 rushing yards and sacking quarterback Baker Mayfield five times. If you saw the vicious cheap shot by Josh Boutte, you saw just how frustrating of a day it was for the Tigers.
Next: Houston over Oklahoma
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Quarterback Trevor Knight, on the other hand, was spectacular for the Texas A&M Aggies in his debut. Last season, they upset the Louisville Cardinals, this season, the Oklahoma Sooners are their latest victims.
This article originally appeared on
2. South Alabama over Mississippi State 21-20
The Aggies started their 2016 in the win column with an upset victory over Josh Rosen and the UCLA Bruins. are forreal. Wisconsin over No. Their other score came on a pick six by cornerback Tre’Davious White.
The Tigers dropped their first season opener since 2004.
Next: South Alabama over Mississippi State
The Houston Cougars and Greg Ward Jr. However, Graves put it off the upright with 9 seconds left.
Richmond quarterback Kyle Lauletta led the way for the Spiders with 337 passing yards and three touchdowns. The Sooners were attempting to take the lead with the Cougars up 19-17 before things went south.
Things are off to a rocky start for the Virginia Cavaliers after opening weekend. 16 UCLA 31-24 in Overtime
Miss St’s attempt Off the upright! #JagNation #USAvsMSST https://t.co/f93L5kjJ0F
The Aggies defense sacked Rosen fives time.
The LSU Tigers only managed to score a touchdown on one offensive drive all game… More Info
Part of me wonders how he sat down over breakfast every morning with a woman who has taken care of him for 50 years, while he was robbing her blind. His weird relationship with money was passed on to his kids. They live their lives in a fantasy world where the next big win is right around the corner. It has been almost a year since the truth was revealed, and I am still angry at the waste and the bleak future my parents face as their fixed income slowly becomes inadequate to meet their needs as they get older. The sum total of my father’s income is now a meager Social Security check. We’ve both finally reached a place of sanity and serenity in our own lives.
They Usually End Up Penniless
My father has reached his seventies without saving a penny. By that time, the damage is done and it is usually irreversible.
Some gamblers do experience big payoffs, but the money is quickly spent on placing more, and bigger bets. He never saw any reason to purchase any property or make any sound investments. He had money for expensive vacations, expensive jewelry and nice cars, but paying for his kids college education was out of his reach. He was never generous with money, even though he always had a wad of bills in his pocket. He has no assets. Gamblers do not think any further ahead than the next bet. He was a fairly successful insurance man with 50 years in the business, yet when the true extent of his addiction came to light last year, we were dumbfounded. It’s a twisted mindset that allows them to blow everything they have while bills go unpaid. They make financial decisions based on how much money they can hoard for gambling.
Almost as Bad as the Gambling…the Lying
When we uncovered my father’s gambling addiction, the devastation to my family unit was irreparable. We figured it out because my father had tripped himself up by trying to cover his tracks. Money is what they need to fuel their habit of placing bets, whether it be lotto cards, horse racing or blackjack. This makes gambling a very tough addiction to break, because like food addictions, the gambler is addicted to something they have to use in everyday life – money.
This is another symptom of the compulsive gambler: Their skewed relationship with money. In the blink of an eye, more than half was gone. Any financial relief is out of reach because no matter how much money a gambler can get their hands on, it is never enough to satisfy their insatiable craving for betting.
It’s Not Just The Betting
A gambler’s true addiction is money. If it had not been for my quick thinking, they would have lost everything. This was In addition to fudging bank statements so that she didn’t know he was siphoning off their other savings account. My sister and I have struggled for most of our adult lives to build a healthy respect for money. Gamblers will function quite well as long as they have a ready source of cash, such as a family member or income from a business or investments. Their low self esteem compels them to live like high rollers – and spend on luxuries when they can’t even pay the mortgage. Deep down they hate themselves for their habit, but like children, they are unwilling to come clean.
How Do They Live With Themselves?
Even though I know it is a disease and he really can’t help himself, part of me resents him for not being adult enough to seek help sooner. This is not something I should have to worry about with people who earned a good living during their work lives. Money is slowly siphoned from the source until there is nothing left. He has no savings, and he is too old to make up for lost time. How does someone live with themselves?
The other part of me resents his obsession with money and being the hot shot while I was growing up.
The other insidious thing about problem gamblers or compulsive gamblers is the pathological lying. You just get worn out and tired, just really tired.
It’s Exhausting For the Family. Money enables the gambler to “stay in the action,” a gambling term for active betting. They spend their lives trying to cover their tracks. As an adult child I also am suddenly worried about having to support my parents at some point. Gambling is a disease after all, and you can’t blame someone for being sick. They view money as something to play with, almost like Monopoly money. It was money she was counting on to supplement their income when they reached their eighties. As most adult children of any kind of addict know, it’s not that you actually hate them – that’s too toxic to carry around. This inability to plan for the future is another symptom of the disease of compulsive gambling.
Gamblers Can Keep on Going…
The insidious thing about gambling is that a gambler who has access to money can literally support their habit for many years without getting caught. If not for my mother’s pension, they would be out on the street.
My father’s inability to own up to his destructive behavior is a big reason for my current unwillingness to speak to him. I know that I will eventually have to forgive, right now I’m just trying to figure out how to sit in … More Info
Because, as this film starts, Miller is glad-handing people about the imminent sale of his investment firm — when, in fact, the deal is being delayed by the guy who wants to buy it while he runs the numbers one more time. Miller, as it turns out, is a juggler, robbing Peter to pay Paul, staying one step ahead of the auditors, his creditors, his family — and, perhaps, himself.
“Family — it’s what really matters,” says Robert Miller (Richard Gere), or words to that effect, to a gathering in his posh Fifth Avenue townhouse that includes his wife (Susan Sarandon), grown children, grandchildren and friends, who have assembled to celebrate his 60th birthday.
Miller himself seems to have suffered internal injuries — but he drags himself out of the car, which is upside down on a deserted road in the middle of the night.
Even more crucial, Miller needs this deal and fast: His books mask a $400 million shortfall which only the sale can make whole again. He abandons the car and the girl and escapes into the woods. All of the tension has taken its toll, however — and when he dozes at the wheel, his car hits the median and flips, killing Julie.
So, in Nicholas Jarecki’s entertaining, if slightly schematic, Arbitrage, it’s only fitting that, in the very next scene, there’s Miller, nuzzling the neck of his French mistress Julie (former Victoria’s Secret model Laetitia Casta).
Message: Nothing is what it seems in this guy’s life. He finds a phone booth and makes a call to a young black man, Jimmy (Nate Parker), who comes and picks him up.
This review continues on my website.
Has he left evidence of his presence in the car? Can he be connected to this death? Can he keep it at arms’ length long enough to get his company sold?
But it all threatens to come crashing down one night. To placate his angry mistress, he tells her he’ll take her away — and then sets off with her in his Mercedes. That’s true not only of his personal life but of his professional dealings.
This Blogger’s Books and Other Items from…
. Held up at a business dinner to finalize the sale — a dinner at which the deal never comes to fruition — he’s late to a major gallery opening that Julie is overseeing… More Info
“It would seem China would like to hold the line, for a while maybe. The more active FX guys who have been in and out of the spot, a lot of them were squeezed out in February.
. 7. We’ve seen a lot more outflows, a lot of defending of the currency,” Hart told Wall Street pay video service www.RealVision.com.
Data from the U.S. players had made money betting against China by the time Beijing took aggressive steps to prop up the currency in early January. RETREAT
“Ultimately for China it is a stay of execution.”
LONDON Two of the three types of hedge funds which bet heavily on a sharp devaluation of China’s yuan last year have backed off the trade, leaving only some ultra-bearish “Black Swan” investors holding long-term bets, fund managers and bankers said.
The yuan fell almost 7 percent in a steady depreciation in offshore markets that started in November and bottomed out at 6.75 yuan per dollar on Jan.
Whereas from September the six-month low-delta option fell from highs of 4.4 percent to 1.8 percent, this time it has retreated from 4.6 percent to just under 3 percent.
Hedge fund sales desks at four of Wall Street’s biggest banks told Reuters that many U.S. Since then it has recovered roughly half of that value.
“There is a huge divergence between what happened then and what happened in the past month,” said Chris Morrison, Head of Strategy with Omni Macro Fund in London.
“It’s still a very popular long but it is not at the same peak.
Heavy official intervention, limits on some capital movement and a reduction in the amount of yuan available offshore prompted many players either to cut exposure or walk away from the trade by the Lunar New Year holiday last month, they said.
(Editing by Catherine Evans)
Derivatives pricing for the yuan has fallen back to levels not seen since the end of November. Commodity Futures Trading Commission and banks’ options desks showed large bets going on such options, betting on a fall in the yuan to 7.5-8 per dollar within the next year.
The big trade in December and January for hedge funds like Hart’s was the low-delta risk reversal, an option contract that only pays out in the event of a very sharp move away from current exchange rates.
The one-year contract in the same periods for comparison went from 9.6 to 4.5 percent last year, and 10.7 to 7 percent.
Hart said he still believes China will need to devalue.
That has left in place chiefly “tail risk” funds like Mark Hart’s Texas-based Corriente Partners or Kyle Bass, who have suggested China would have to devalue the yuan by up to 50 percent to rebalance its economy.
“There have been a couple of engineered short squeezes, which have primarily effected those who had a spread on or those who were short spot CNH.”
Even so, other bankers and fund managers note that the retreat in pricing on a yuan depreciation has been far less pronounced than it was after Beijing tried and then retreated on a sharp one-off devaluation last August.
“There isn’t a hedge fund on the planet that did not have this trade on somehow but the peak of that positioning is past,” said the head of hedge fund sales with one of the six biggest currency trading banks in London. This time that has not happened; the market is clearly saying that this stability is temporary. Then you have the buy and hold, tail-risk sorts of investors.
“After the August move subsided the forward points went lower, vols (implied volatility) went lower… More Info
In the moment, you’ll want a plan of action to take when the urge to gamble attempts to overwhelm you.
STEP 5: CARRY RESOURCES WITH YOU AT ALL TIMES
Get or print off pro gambling recovery literature & carry it with you at all times.
Read it daily, especially in first months. Know what to do & who to call if a thought or urges to gamble hits you….(and unfortunately they will).
There is but one good throw upon the dice, which is, to throw them away. You help yourself and others triumph over a common enemy. Carry only a very small budget for food each day and thats it.( absolutely no more than $5). There are 1000′s of people who once were severely addicted to gambling, haven’t gambled for months and even years. If you gamble online, get gamblock today.
Jason is a recovered compulsive gambler of over 5 years and a certified professional life coach. Know that there are 1000′s of recovering gamblers. Inpatient Treatment is another.
STEP 9: HAVE A PLAN IN PLACE FOR YOUR NEXT URGE
When your next urge comes, what will you do? You’ll need to know the answer to this. It may sound funny, but joining a group of fellow recovering gamblers gives you strength & power over your gambling. He is an author, life coach, sponsor, & former GA chapter president, husband, & stepfather.
STEP 10: GET 1 ON 1 SUPPORT.
Stopping Gambling isn’t easy. Don’t know where to turn to for help? Email firstname.lastname@example.org
STEP 7: REMIND YOURSELF WHY YOU’RE STOPPING, & FOR WHO.
Make a list of the people you love & love you back. (because it is the truth).
STEP 3: JOIN A COMMUNITY OF RECOVERING GAMBLERS
Recovering in numbers is key. He’s overcome his own addiction to gambling & has helped many others do the same. You make lifelong friends who will always understand and care.
This step can be done by attending Gamblers Anonymous, Celebrate Recovery, & finding online support and help. The only time casinos won’t let you gamble, is when you don’t have what they want……money.
STEP 4: SUBMIT YOURSELF TO A PROGRAM OF RECOVERY
What does this mean exactly? It means you must submit,commit, & trust in the program of recovery you choose. -Author Unknown.
STEP 6: BAN YOURSELF FROM GAMBLING (ONLINE AND OFF)
If you go to a local casino, take a caring friend and ban yourself for life.
If you play online, contact the online casino and have your account closed permanently, & demand to be banned from their site. Good help seems to come from ex-gamblers themselves because they’ve been there, & they understand. In the beginning the constant thoughts and urges to gamble can be intense. There are therapists, counselors, & life coaches out there trained to help you stop.
STEP 1: GET RID OF YOUR MONEY
If you want to stop gambling right now, the first step begins by stopping to carry money. (Email the author at email@example.com for online communities you can join today). Know that if they can do it, you can too. Its best to find someone who’s been in your shoes, but hasn’t gambled in quite some time.
Make sure you like them, they have your best interest in mind, & truly do help you. A gambling problem is very strong, plays many tricks on on our minds, & tries to convince us of many lies. Have phone numbers listed for people to call who support you in your recovery. Gamblers Anonymous is one. If you want to stop starting right now, block all access to money. You trust that the program will solve your gambling problem, as long as you never give up on it.
STEP 2: GET HELP TODAY
To overcome something as powerful as a gambling problem or addiction, we must get help from others.
Help is out there in many forms. This includes credit cards, debit cards, access to bank accounts, checks, loans, etc. If needed, list them out. Put up pictures of them & when you see it, remember that’s who you’re stopping for.
Recognize that if you gamble, you’re letting them down.
Remind yourself of all the bad things that have been caused by your obsession to gamble.
These 10 steps are an excellent start to stopping gambling today.
If you have any unanswered questions or need to be pointed in the right direction email firstname.lastname@example.org
When you absolutely must stop gambling right now, here are 10 steps you can take today.
Author’s Bio: . Connect your gambling with the the negative consequences its brought into your life.
To learn the secrets to stopping gambling now, & to get 1 on 1 coaching from Jason visit http://www.livegamblefree.com or email Jason at email@example.com
STEP 8: STAY HOPEFUL
Only those who never give up on themselves & their program of recovery beat gambling. Call them ANYTIME you need to. Combat this with the previous 9 steps & a one on one coach, sponsor, or therapist. Carrying recovery reading & phone numbers help… More Info
The New York Post’s Klye Smith wrote, “And as for that so-called Oscar buzz for Mr.
Peter Travers of Rolling Stone: “Richard Gere’s performance in the sinfully entertaining ‘Arbitrage’ is too good to ignore…he is at the peak of his powers.”
Gere has attracted attention for his acting in the film, with Manohla Dargis of The New York Times noting, “Mr. Gere, allow me to apply a little buzzicidal ointment. All Rights Reserved. Gere and Sarandon previously appeared together on the big screen in the 2004 romantic comedy “Shall We Dance.”
See what else critics are saying:. He ends up making a mistake that forces him to turn to an unlikely person for help.
(CBS News) Richard Gere is back in the shoes of an investor powerhouse, portraying fictional New York hedge fund magnate Robert Miller in “Arbitrage,” which hits theaters today. Pols of TIME: “The main reason to see ‘Arbitrage’ is Gere, whose steady improvement with age (he just turned 63) is not remarked upon enough.”
Kyle Smith of The New York Post gave it 2 out of 4 stars: “‘Arbitrage’ is a decent enough way to spend your time compared to, say, waiting on line at the grocery story.
Roger Ebert of The Chicago Sun-Times: “Hitchcock called his most familiar subject ‘The Innocent Man Wrongly Accused.’ Jarecki pumps up the pressure here by giving us a Guilty Man Accurately Accused, and that’s what makes the film so ingeniously involving.”
Christy Lemmire of The Associated Press: “Gere is so charming, so irresistible when he’s on top of the world – when he’s got all those plates humming in unison – that he kind of makes you root for his character to get away with it all.”
But not everyone agrees. But why grade on a curve? Every episode of ‘Law & Order’ I’ve ever seen has a more complicated and plausible plot, punchier dialogue and more New York authenticity, all in less than half the time consumed by this poky would-be finance thriller.”
Richard Gere in a scene from “Arbitrage.”
The 63-year-old “Pretty Woman” actor stars alongside Susan Sarandon and Tim Roth in the drama about a man desperate to complete the sale of his trading empire.
AP Photo/Roadside Attractions
The critics have chimed in on the new Nicholas Jarecki-directed film, with Rotten Tomatoes giving “Arbitrage” a very respectable 81 percent rating. He’s the film’s most deluxe item.”
Pictures: Richard Gere
Watch: Gere and Sarandon discuss their new film, “Arbitrage”
Apart from the North Atlantic and North Pacific, these whales can also be seen in the Southern Hemisphere.
The range of dwarf minke whales may sometimes overlap with that of the Antarctic ones. Minke whales are highly migratory, especially the common minke whales. Sometimes, these whales are seen in bays and estuaries too.
. During summer, they can be found in regions where there are thick layers of ice. Antarctic minke whales are found in large numbers in areas, like Prydz Bay, the Weddell Sea, and the Ross Sea. They can be seen in both coastal and offshore waters. While common minke whales are found in most of the oceans in the Northern Hemisphere, the Antarctic ones are found in the Southern Hemisphere. They can be found in oceans near Australia and South Africa. The common minke whales are found in almost all oceans, especially in the latitude range of 65°S to 80°N. The latter can be seen in the southern Atlantic Ocean, between 20°S to 65°S… More Info
Other contenders include Kate Winslet, Penelope Cruz and Meryl Streep.
The film about a school sex scandal in a working class London neighborhood won cheers from critics and four Oscar nominations, including her best actress nomination for a manipulative spinster, and the adulterous Cate Blanchett for best supporting actress.
Blanchett, sitting two seats to her left at the news conference, smiled but declined to offer any gambling advice.. She was also nominated for best actress for “Iris” in 2001 and “Mrs.
BERLIN Dame Judi Dench advised punters on Monday not to bet on her winning at the Oscars, joking that not even the superstitious theatrical saying “Break a leg!” could bring her good luck as her leg would be in a cast.
“The thing about the Oscars, it’s strange because in the theater you would say ‘Break a leg’,” Dench, 72, said. Henderson Presents” in 2005.
She said she felt honored to be named Dame Judi Dench at home in Britain but added the title posed problems abroad.
The veteran British actress, who won best supporting actress for “Shakespeare in Love” in 1998 and was nominated for four other movies in the past decade, said surgery meant that she would not be at the Oscars ceremony in Los Angeles on February 25.
“Don’t put any money on me because you’ll lose,” Dench said at a good-humored news conference at the Berlin Film Festival when asked about the chances of winning best actress Oscar for her role in the acclaimed film “Notes On A Scandal”.
Dench and Dame Helen Mirren, 61, for “The Queen”, are seen by bookmakers as front-runners in the best actress Academy Award. I don’t think that’s altered me in any way or anyone’s attitude toward me.”
“I will watch and cheer from my bed.”
“It’s a wonderful honor to be made a Dame but it makes it difficult for you when you go to America because there it is something different to be a dame,” she quipped.
Dench was nominated for best actress for “Mrs. I’m going to have my leg broken and put back together.
“So no one knows what to call you there. So I don’t mind that. It’s better to be just called Judi. “I can’t because I’m to have a knee operation. I can’t go to the awards. Brown” in 1997 and best supporting actress in “Chocolat” in 2000… More Info
But the same technique has been used to move funds in the other direction.
Traders could earn profits by buying bitcoins using dollars on a foreign exchange such as Mt. But because such currencies carry hefty charges, this method is only profitable when the bitcoin spread is very wide.
SHANGHAI The price gap between bitcoins trading in Chinese yuan and those sold for other currencies has evaporated in recent days, highlighting the porous nature of China’s capital controls.
A Shanghai-based fixed income fund manager dismissed capital controls as a barrier to shifting money around. Early this month, Chinese media began reporting that investors from Wenzhou, the east coastal city known for its entrepreneurial and speculative zeal, were piling into bitcoin.
Mis-invoicing in China resulted in illicit outflows worth $3.79 trillion between 2000 and 2011, according to a report last year by Global Financial Integrity, a think tank and advocacy group in Washington.
Some bitcoin speculators are also likely resorting to other tried-and-true methods for skirting China’s capital controls. The most common is falsified trade invoices, which disguise movements of speculative cash as payments for goods and services.
By Gabriel Wildau
Chinese bitcoin chat rooms buzzed last month as investors noticed that the digital currency as sold on China’s biggest exchange was more expensive, in dollar terms, than bitcoins traded abroad using dollars, creating a tempting arbitrage play.
Wenzhou’s famously tight-knit, business-savvy global diaspora has given rise to the adage “Wherever there’s a market, there are Wenzhou people” and offers Wenzhou investors ready access to foreign currency.
“Insane bitcoin. SOPHISTICATED ARBITRAGEURS
Those suspicions centered on the conversion of dollars to yuan in order to profit from appreciation of the Chinese currency. An announcement by China’s central bank last week forbidding commercial banks from dealing in bitcoin also contributed to the price decline on BTC China.
He told Reuters that he used RChange, an online currency exchange and payment service based in the Seychelles, to exchange yuan for commercially-operated electronic currencies such as OKPay and EgoPay, which are accepted by several international bitcoin exchanges. If you’ve got dollars, hurry and do arbitrage,” a user called ‘foxtree’ wrote on Weibo, a Twitter-like micro-blogging platform, on November 19, the day the gap peaked at more than 30 percent.
But analysts say the price convergence also reflects the rapid evolution of the bitcoin market, which began with technology enthusiasts but quickly expanded to include those with the financial know-how to evade China’s strict capital controls.. “All of my clients have plenty of money offshore already,” he said.
Indeed, unexpectedly strong export growth in November reignited suspicions that official data had been inflated by fake invoicing.
“Certainly a portion of the premium on BTC China was a result of the fact that any coins sold would be in RMB, which isn’t the most portable currency,” said Zennon Kapron, head of Kapronasia, a Hong Kong-based finance and technology consultancy, using an alternate term for the Chinese currency.
(Additional reporting by Shanghai newsroom; Editing by Richard Borsuk)
A key driver of the price gap was China’s capital controls, which make it difficult for speculators to swap yuan proceeds from the sale of high-priced Chinese bitcoins into dollars.
A 27-year-old e-commerce professional from the east coast city of Xiamen, who goes by the screen name ‘King,’ is typical of early-wave amateur punters.
“So if you did trade that market, getting your money back into another currency is more difficult,” he said.
Recently, as bitcoin has grown in popularity, more sophisticated arbitrageurs have stepped in. Gox, reselling them for yuan at the higher price on BTC China, the main local exchange, and finally converting the yuan back to dollars.
In recent days, however, the spread between bitcoins as priced in yuan and those priced in dollars has disappeared… More Info