CNN – Gambling online? You bet!

I’ve not had problems being paid.”

Similarly, the Las Vegas-based public company American Wagering, owner of Leroy’s Horse and Sports Place in Nevada, also operates a sports gambling site located in Canberra called MegaSports (www.megasports.com.au).

Nonetheless, some experts think the case could be made to stick. But as more and more traditional firms become involved, the consumer will look for the brand name. Even the firms that have enjoyed some stock-price popularity – such as Youbet.com – have shaky fundamentals. And for sports bettors – who make up a majority of online gamblers, according to industry insiders – the ease of using cyberbookies can’t be beat. If an activity is prohibited in the physical world but not on the Internet, the Internet becomes a safe haven for that criminal activity. Casino games are available on a site or via downloadable software. . “Since there are no controls at present regarding Internet wagering, I would urge investors to shun these firms at present,” he says. As Timothy L. But following a 1997 indictment, the state of Missouri settled a suit against the company and its president, Michael Simone, for about $35,000. Why should it be legal to bet online on a horse race in another state, but not legal to bet on a basketball game in one’s own state? If Native American tribes can establish new, legal, physical places where adults can gamble, why shouldn’t someone be able to do the same in cyberspace?

Running an online casino carries all the usual challenges of Internet businesses, from low click-through rates to servers that fail. About 2,000 years later, Bugsy Siegel took the concept a step further and built the Flamingo Hotel in the desert town of Las Vegas. Says Opel, “Bringing in the big names and established companies only adds credibility and visibility to what we’re already doing.”

Is it legal?

A few hurdles have to be cleared before such ventures can take off – beginning with the federal government. But the travails associated with fending off lawsuits have essentially put the company out of business. His equal partner is Australian tycoon Kerry Packer of the Crown Casino in Victoria. Attorney White has proceeded slowly and quietly. Justice believes that any legislation addressing criminal misuse of computers or computer systems (including the Internet) should have three vital characteristics. Today, a roster on one “gambling portal” site lists well over 200.

Take Interactive Gaming and Communications, another publicly traded company, located in Blue Bell, Pa. Aruba, for one, is refusing to extradite any indicted individuals to the U.S., and thus far the U.S. Would-be wagerers open an account with a credit card, although some sites also accept cash and cashier’s checks. Blackjack players can very easily count cards, or even consult odds charts; the Kennyrogerscasino.com site actually has a printable chart showing the best strategy for every possible hand of blackjack. That may suggest that, as some legal observers have argued, the 1961 federal Wire Act is too old and too loosely written to prohibit online gambling. A Ninemsn spokesperson says that the site does not now offer online gambling and would not comment on future plans. The Standard obtained a Department of Justice analysis of the bill S. That figure exaggerates the size of the Internet gambling sector, since some companies operate more than one online betting parlor. The American Gaming Association, a trade group of gaming firms, maintains this view regarding online wagering: “The industry has been state-regulated and we think it should remain that way. Her higher-ups in the Justice Department appear to agree.

Does the seeming invincibility of online gambling make it an enticing business? Jason Ader of Bear Stearns, urges caution. Inland, for example, operates two Web sites in addition to the one bearing Kenny Rogers’ likeness: Casinoaustralia.com and Goodluckclub.com. … attorney’s office theoretically operate out of the Caribbean. But according to Inland CEO Don Speer, elusive profits need not be one of them.

So how is it that these companies appear to operate legally, but a dozen Caribbean cowboys found themselves under felony indictment?

The amount spent on Internet gambling is harder to calculate.

First, legislation should treat physical activity and cyberactivity in the same way. In a highly publicized March 1998 “raid,” Mary Jo White, the U.S. One Australian state, Queensland, is already awarding licenses for online gambling, and others may follow soon. Even the precise number of online casinos is hard to calculate.

But the growing acceptance of online betting and the Internet’s inherent ability to shatter jurisdictions bring the inconsistencies of American gaming law to a boil. The Justice Department doesn’t think that online casinos (including those that offer gambling on sports events) can legally conduct business in the United States, even if they are based in places where gambling is legal. “We get daily reports, and you’ll see these people who spend a couple of hours gambling, and the total amount they bet is like $1.81,” says Thomas Holmes, Inland’s head of technology. One of Microsoft (MSFT)’s less-publicized adventures is Ninemsn, an Australia-based Internet service to which Bill Gates has pledged tens of millions of dollars. In the ’70s, Atlantic City legalized casino gambling; in the ensuing decades, state lotteries, Indian casinos, gaming ships, offtrack betting parlors and card clubs have sprouted across the landscape. Says Sinclair of Christiansen/Cummings: “You are going to feel more comfortable wagering with a Hilton than you will with Joe’s Casino.”

Gambling is as at least as old as Christianity (that is, if Ben Hur can be trusted). Almost all online gambling sites work the same. In November 1998, for example, a division of Hilton Hotels acquired the company that runs Centrebet, a Web and telephone sports-wagering system based in Australia (www.centrebet.com.au).

But over the last several months, at least some traditional casinos have pursued the time-honored strategy of joining an Internet gambling trend that they can’t beat.

Finally, the DoJ believes that any federal law must recognize that the Internet is different from other communications media: … More Info

Casino-Gaming :: Sport betting – Test your fortune

Football: The types of bets are almost same but bet type is different for football. The lines offered could be a point spread, money line or both. The next thing that you should consider is to select a team to bet on and then decide the amount of bet. The first is known as halftime bet, where you can bet on first or second half of the game. This betting is done especially when the game is between rival teams. These few tips will help you to find out the best team to bet on. With fun88 the increase in online betting, a sport bettor has started making more money. Another type of sport betting for football is known as proposition bets where you can bet on the specific team that will make more penalties or more scores.

When it comes to sport, betting is always a part of it. If you are interested to bet on any type of sport then you must keep few things in mind before betting. The thing that one should consider is the purpose, the common purpose of a bettor is to win cash prize. In this type of bet you must predict the win of a particular horse and if the same horse wins the race then you are the bet winner. One must also know the details of a sport to place a bet. Betting is done on any sports, like football, basketball, horse racing, tennis, wrestling etc. To choose this type of sport betting there has to be minimum five horses in the race.

NBA (Basketball): You should know the rules for betting on NBA. This is the best way to earn fast money, but to be successful in this luck based game one must know the tactics and rule of betting. The other type of bet is point spread, it permits you to bet on a team that wins at a given odd and on the loser team. . This betting type also has an alternative to increase the chances of winning cash that is ‘place bet’. Place bet means to bet on a horse that you think will come in first, second or third place depending on the number of horses that have participated in the race. In this type of bet you can place the bet on the team that wins at a given betting odd. A bettor has to take a correct decision before placing a bet to get successful result. Sport betting has become popular all over the world. Point spread is betting on a favorite team.

A sport betting on Horse race: There are few basic types of betting on horse racing. The most common type of bet is the win bet. After gathering the information of a team, you must go through the sports review to know and predict the winning team. There are different types of bets in NBA, the common types being straight or single bet. Money line bet is to bet on a team which has more chances of winning the game. As we know that Sport betting is a game of luck. But, later this prediction turned into betting. An odd maker is a person who sets the betting odds. This can be done by thrashing odd makers. The first thing you should know is what affects the result of a sport, then follow the games, go through the sport news and feedbacks given by other sport fans. You must collect essential information of sport on which you wish to bet. People used to just predict the winning team by observing their game and scores and some used to be on the side of their favorite team

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Cybergambling returns — and this time it’s legal

If your phone is off, or if you’re too near state borders, you may not be allowed to play.

Mega-entrepreneur Richard Branson’s Virgin Group is the latest entry in online gambling, teaming with the Tropicana Resort in Atlantic City and online game maker Gamesys to bring online poker, blackjack and slots to New Jersey this week. 10.

Prohibition failed – again

Last month, the president and CEO of the American Gaming Association testified before Congress and urged legislators to repeal their 7-year-old ban on Internet gambling.

“Prohibition simply does not work,” Geoff Freeman told a House panel on Dec. market research firm H2 Gambling Capital, which focuses on the gaming industry, predicted about $300 million for New Jersey’s online casinos — or about $45 million in tax revenue, according to the New York Times. Chris Christie validated the vice in the waning weeks of 2013, saying he hoped to rake in $1 billion in casino revenues this year, of which the state will collect a 17 percent tax.

“Slots and roulette are very visceral games, lots of bells and whistles. Gov. Virgin could be holding a full house, but it could also fail before the flop.

Players must be at least 21 years old, and either reside in New Jersey or be in the state when they place their bets. “Blackjack and poker have a very human element that’s lost online. But new laws across the nation are rolling the rules back — and lawmakers think they’re holding a royal flush.

“It’ll be interesting to see how this plays out,” said Laurence DeGaris, associate professor of marketing at the University of Indianapolis and an expert in Internet culture.

Legalizing gambling across the U.S. “The technology is rolling out this week.”

“In sports gambling, it’s about the bet,” DeGaris said. will generate – in addition to tax revenue from the proceeds at casinos – approximately 22,000 new online gambling-related jobs, Freeman testified.

‘Last year, before a single state authorized legal online gaming, Americans spent nearly $3 billion.’

Many Americans simply ignored the ban, he noted, as the country did during Prohibition in the ’20s.

“There will be many games to play online in New Jersey,” Fenton told FoxNews.com. Not just poker.”

“Those from other states can play, but they cannot wager,” Fenton said. H2 said the industry was worth $33 billion in 2013, with $4.5 billion coming from mobile gambling on iPads, iPhones and smartphones.

. Others predict the overall U.S. They play against the house at Virgin Casino, and they can finance their wagers with debit cards, credit cards, or in person.

Freeman said the Department of Justice has relaxed its views toward online gambling since 2011, and this could open up even more opportunities in the U.S. “The federal government has tried the prohibition approach – specifically the Unlawful Internet Gambling Enforcement Act of 2006 and the Wire Act – and through multiple Justice Department crackdowns on offshore operators as well.”

And New Jersey isn’t alone; eight other states have bills in the works that will allow Internet gambling as well. will catch up to the rest of the world and allow it at some point.”

To prevent unauthorized access, Virgin Casino physically locates gamers’ cellphones periodically. U.K. “Blackjack, slots. In online casino gambling, it’s about the game more than the bet.”

Not everyone agrees with the odds. “If we are unable to determine that you are in New Jersey, you will be unable to play on Virgin Casino,” the site notes. — notably sports betting.

Globally, the business is even more lucrative. “That’s where I see the huge potential in online gambling, and I reckon the U.S. Nevada and Delaware also began offering some online gambling last year, but New Jersey is the first state to “fully” legalize it, said Lee Fenton, the chief operating officer of Gamesys.

What happens online, stays online

Six other firms, including popular companies like WSOP.com m888 and Ultimate Poker and other casinos like Caesars and the Golden Nugget, participated in the “soft play” launch of online gambling in New Jersey in November, the state’s Department of Gaming Enforcement Director Dave Rebuck said during a recent conference call.

- Geoff Freeman, president and CEO of the American Gaming Association

“Last year, before a single state authorized legal online gaming, Americans spent nearly $3 billion on illegal, unregulated offshore gaming sites. That doesn’t translate online,” DeGaris told FoxNews.com. market could be worth as much as $9 billion in the coming years as other states, including California, legalize online wagering.

Congress banned online gambling in 2006. To put that into further context, Americans accounted for nearly 10 percent of the entire $33 billion worldwide online gaming market,” Freeman said.

But analysts are mostly rolling with Christie and the casinos

her comment is hereMore Info

Cantor Gaming Announces In-Running Wagering for The NFL Season

Cantor is

the first company licensed as a manufacturer, distributor, and operator

of a mobile gaming system by the state of Nevada and remains the world

leader. Cantor was also the first company to introduce in-running

wagering in Las Vegas, at the M Resort Spa & Casino’s Race and Sports

Book. “We are constantly looking for

opportunities to add new and exciting amenities to our overall guest

experience and this is the type of “only in Las Vegas” concept that

helps differentiate The Venetian and Palazzo from other properties on

the Strip, and also demonstrates the true uniqueness of Las Vegas and

why there is no city in America quite like it.”

The current drive will yield a first down.

The current drive will result in a punt, field goal, touchdown, or an

interception/fumble.

Twenty or more yards will be gained on the next play.

Any field goal attempt will be made or missed.

LAS VEGAS–(BUSINESS WIRE)–Cantor Gaming, an affiliate of the global financial services firm Cantor

Fitzgerald, today announced that its extremely popular “In-Running”

sports betting product will be available at The Venetian, Palazzo and

the M Resort Spa Casino in Las Vegas for the 2009 NFL season, beginning

with Tennessee at Pittsburgh on September 10. In

addition to NFL games, In-Running will be available for select NCAA

football games this season.

About Cantor Gaming

. In-Running betting allows wagering on live sporting events throughout

the event.

Through Cantor Gaming’s In-Running, wagers also will be accepted on

whether:

Full Game Money Line

Full Game Point Line

Full Game Total, Over/Under

First Half Money Line

First Half Point Line

First Half Total Over/Under

“In-Running is particularly well suited for football because of the

popularity of the game and the huge number of football fans interested

in sports betting. In-Running betting allows

wagering on live sporting events throughout the event. With In-Running, customers can place bets during the

game, so fans can have a stake in the action all the way through the

event,” said Lee Amaitis, President and CEO of Cantor Gaming.

Mr. We opened the action with the NCAA March Madness Basketball

Tournament, continued throughout the NBA Playoffs, horse racing’s Triple

Crown, and currently offer selected Major League Baseball games. Cantor Gaming offers mobile

solutions to the gaming industry as well as developers of proprietary

casino games including XtraOdds Baccarat(TM) and Bonus Roulette(TM). The NFL

season is immensely popular with sports betters and we’re excited to

extend our product offerings to The Venetian and Palazzo.”

For more information, visit www.cantorgaming.com

“The addition of “In-Running” is certainly going to enhance our sports

book offering and be a huge hit m88 with the many sports aficionados who

spend time at our properties,” said Robert Goldstein, president of both

The Venetian and Palazzo Las Vegas. Cantor Gaming is an affiliate of global financial services provider

Cantor Fitzgerald, which has over 60 years of experience and

unparalleled expertise of highly secure real-time financial transaction

processing, management, and execution. Amaitis added, “In-Running is hugely successful at the M’s Race &

Sports Book. Amaitis said the bets that will be offered through In-Running are:

Mr

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Weight Training for Wrestling by Dickie White

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

Deadlift- 5×5

Weighted Pullups- 3×10

Squat- 5×3

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

Deadlift- 5×5

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

Dips- 3×10

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

College Football: 5 Biggest Upsets From College Football’s Opening Weekend

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

More from FoxSports

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

More from Saturday Blitz

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

Compulsive Gambling Leaves a Trail of Destruction

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.

It’s Never Enough

A man who has spent a lifetime telling other people how to invest for emergencies has ended up penniless. I’ve been talking to a disease for most of my life, not a real father. In order to keep their secret they will lie to anyone, spouses, children, parents, coworkers and friends. I also resent all the money that my grandparents left being swallowed up by his disease. © by Macteacher 2013

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.

Forgiveness Comes…Eventually

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

Review: Arbitrage

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

Hedge funds back off bets on China devaluation | Reuters

They are still in.”

“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

10 Steps You Can Take To Stop Gambling Today

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 jason@livegamblefree.com

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 jason@livegamblefree.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 jason@livegamblefree.com

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 jason@livegamblefree.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