People, who should know better, often moan, fast pictures produce too great an edge, for some exchange players ..
That debateable ..
In this race, they would have done their bollox ..
http://www.youtube.com/watch?feature=player_embedded&v=p5OhyOYYLWI#!
Thursday, 28 March 2013
Wednesday, 27 March 2013
Never Look Back ..
I really fancied the Titans to beat the Knights yesterday, and 1.65 that was available at the local bookies, seemed v generous, (not to mention the 1.80 on Betfair - thank-you),.
To get on, without the price collapsing (in a v thin mkt), I went on a bookie road-trip .. the first I had taken, for a very long time.
In all, I visted 5 shops .. and was absolutely stunned, at how they have changed.
15 yrs ago, I held 4 licences, and sold them .. for an equivalent £7000.
Today, at each location, they have queues at lunch-time, taking bets from locals, mainly on soccer, which has become the local lottery. The bets taken, are not big .. maybe an average £2 per stake, but, the volume/profit margin is unreal ..
If I had those licences today, they would be worth £1m.
Oops.
(( I should say, in the interim 15 yrs .. 4 of my former colleagues have either committed suicide, or been gunned down, at work .. so, its not a total picnic ))
To get on, without the price collapsing (in a v thin mkt), I went on a bookie road-trip .. the first I had taken, for a very long time.
In all, I visted 5 shops .. and was absolutely stunned, at how they have changed.
15 yrs ago, I held 4 licences, and sold them .. for an equivalent £7000.
Today, at each location, they have queues at lunch-time, taking bets from locals, mainly on soccer, which has become the local lottery. The bets taken, are not big .. maybe an average £2 per stake, but, the volume/profit margin is unreal ..
If I had those licences today, they would be worth £1m.
Oops.
(( I should say, in the interim 15 yrs .. 4 of my former colleagues have either committed suicide, or been gunned down, at work .. so, its not a total picnic ))
Monday, 25 March 2013
Weather Watching Shares
Sad weather watchers like me, use many tools, to try and get info, which may or may not, lead to an edge, which also, may or may not, lead to profits.
Its not clear cut .. weather never usually is .. thou, some days, its easier than others.
Remind me one day, to tell the story, of the last day - SA v Aus, Wanderers 2011.
Anyway .. Betfair, have live video from some cricket grounds, and when TV goes off, saddos can often be found glued to it.
About a yr ago, I got interested in a company called Perform Group Ltd, who supply video feeds on certain sports, as well as in-running data.
Here is their chart .. from IG Index.
They have had a spectacular run .. and I cant help feeling, Betfair should have bought this company, rather than wasted .. on LMAX.
** Disclaimer **
I hold shares in Perform .. I sold all my holdings in Betfair, last yr.
Its not clear cut .. weather never usually is .. thou, some days, its easier than others.
Remind me one day, to tell the story, of the last day - SA v Aus, Wanderers 2011.
Anyway .. Betfair, have live video from some cricket grounds, and when TV goes off, saddos can often be found glued to it.
About a yr ago, I got interested in a company called Perform Group Ltd, who supply video feeds on certain sports, as well as in-running data.
Here is their chart .. from IG Index.
They have had a spectacular run .. and I cant help feeling, Betfair should have bought this company, rather than wasted .. on LMAX.
** Disclaimer **
I hold shares in Perform .. I sold all my holdings in Betfair, last yr.
Friday, 22 March 2013
If u won the Lottery ..
I was watching the domestic T20 game, between the Titans and Dolphins, blissfully winding up the @sunfoildolphins tweeter, who, has a hard job, tweeting good stuff, as the side is pretty crap, when I came across a link, to an article written in The Econmist, about Lottery winners.
Before I address that, I have to say, how much fun twitter is.
Part of the bliss, is that, when u use a #, with a name, like #sunfoildolphins, everyone, can see that tweet, if they perform a random search, on #sunfoildolphins.
This is great, as, although someone can block, other tweeters, they cannot block #, so, your comments will be seen everywhere.
I have travelled, often many hundreds of miles, to watch these games, and if I feel a player is under-performing, will target the sides tweeter, to complain.
They can do nothing, and usually, do not fight back.
Its great fun.
Anyway, the lottery ..
It appears, Britons are a nation of lottery lovers, but, pretty stupid (in general), about the way they play.
The chance of winning, is about 1 in 14 million, and if I won, I would like to think, I could not have to work for a few years.
Some 10,000 people each week, play the numbers, 1,2,3,4,5,6.
If this was to hit .. they would win .. £700 each .. pretty sad.
Low numbers generally, should be avoided, as people often use birthdays etc .. Most people would be better off, turning the lottery ticket upside down, and then picking numbers.
Oddities do occur .. I recall, in 2010, the Israeli National lottery, pulled the same 6 numbers, twice in a month. Because, there was a different 'powerball' number, winners, got paid big, each time .. but, the odds of those 6 numbers hitting, twice, are something like .. 1 in 4 trillion .. something akin, to finding life on Mars.
Before I address that, I have to say, how much fun twitter is.
Part of the bliss, is that, when u use a #, with a name, like #sunfoildolphins, everyone, can see that tweet, if they perform a random search, on #sunfoildolphins.
This is great, as, although someone can block, other tweeters, they cannot block #, so, your comments will be seen everywhere.
I have travelled, often many hundreds of miles, to watch these games, and if I feel a player is under-performing, will target the sides tweeter, to complain.
They can do nothing, and usually, do not fight back.
Its great fun.
Anyway, the lottery ..
It appears, Britons are a nation of lottery lovers, but, pretty stupid (in general), about the way they play.
The chance of winning, is about 1 in 14 million, and if I won, I would like to think, I could not have to work for a few years.
Some 10,000 people each week, play the numbers, 1,2,3,4,5,6.
If this was to hit .. they would win .. £700 each .. pretty sad.
Low numbers generally, should be avoided, as people often use birthdays etc .. Most people would be better off, turning the lottery ticket upside down, and then picking numbers.
Oddities do occur .. I recall, in 2010, the Israeli National lottery, pulled the same 6 numbers, twice in a month. Because, there was a different 'powerball' number, winners, got paid big, each time .. but, the odds of those 6 numbers hitting, twice, are something like .. 1 in 4 trillion .. something akin, to finding life on Mars.
Posted with BlogsyWednesday, 20 March 2013
Hands I have butchered ..
Wed tourny, $75, but, heart not really in it, as have a flight at 6am, and, this would go on to, 3am.
So a decent excuse .. and played a few hands, v differently than normal.
One worked out really well, but, another .. am not so sure.
Early on, after the re-buy period, Blinds 300/600, I have 12k chips.
Pick up, A ♦ A ♠ in early position, and flat call ..
One mid table, flat caller, and small blind also completes. So, 4 people see a flop of :
2 ♣ 2 ♦ 8♣
I check, and small blind bets, 1100.
I re-raise, to 4500, and he calls, pretty quickly. Now, I suppose he can have a 2 .. but, why bet the 1100.
Anyway, turn is 10 ♣
I check, and he bets, 2500 .. and I have lost the plot. I havent played with this guy before, and, the only hands he has shown, (being fairly inactive, hes had it).
To try and get a read, I ask him, will he show, if he folds, and he shrugs.
I have no idea why, but I fold ..
He shows, 8 ♦, and hides the other card.
I get knocked out, 15 mins later, and went home to sleep .. but, reviewing the hand, I think, I made quintuple errors, and its not good.
I hope he had 8 ♦ 8 ♠, but, its v likely he had 8 ♦ A ♦, or some such, maybe 8♦ A ♣, for a flush draw.
Anyway, I didnt shine.
So a decent excuse .. and played a few hands, v differently than normal.
One worked out really well, but, another .. am not so sure.
Early on, after the re-buy period, Blinds 300/600, I have 12k chips.
Pick up, A ♦ A ♠ in early position, and flat call ..
One mid table, flat caller, and small blind also completes. So, 4 people see a flop of :
2 ♣ 2 ♦ 8♣
I check, and small blind bets, 1100.
I re-raise, to 4500, and he calls, pretty quickly. Now, I suppose he can have a 2 .. but, why bet the 1100.
Anyway, turn is 10 ♣
I check, and he bets, 2500 .. and I have lost the plot. I havent played with this guy before, and, the only hands he has shown, (being fairly inactive, hes had it).
To try and get a read, I ask him, will he show, if he folds, and he shrugs.
I have no idea why, but I fold ..
He shows, 8 ♦, and hides the other card.
I get knocked out, 15 mins later, and went home to sleep .. but, reviewing the hand, I think, I made quintuple errors, and its not good.
I hope he had 8 ♦ 8 ♠, but, its v likely he had 8 ♦ A ♦, or some such, maybe 8♦ A ♣, for a flush draw.
Anyway, I didnt shine.
Backing of Players
For some time, it has been 'normal' within the poker community, for players to sell pieces of themselves, for certain high-stake tournys.
For example, for a $10000 buy-in event, a player may sell 50% of himself, normally, at a small mark-up .. to cover his/her experience/expenses.
If they guy wins, or cashes, u get a share of the win, depending on how much u have bought.
I have never backed anyone in the US .. thou have backed in the UK, so, have no idea, what the tax rules are for the US.
A poker site has just been created,
http://www.pokerbosspro.com/
which now does this, thru a website ..
I wouldnt be interested, just yet, but can see a day, when professional gamblers are backed .. thou, transparency, is a MAJOR problem.
Handle with care ..
For example, for a $10000 buy-in event, a player may sell 50% of himself, normally, at a small mark-up .. to cover his/her experience/expenses.
If they guy wins, or cashes, u get a share of the win, depending on how much u have bought.
I have never backed anyone in the US .. thou have backed in the UK, so, have no idea, what the tax rules are for the US.
A poker site has just been created,
http://www.pokerbosspro.com/
which now does this, thru a website ..
I wouldnt be interested, just yet, but can see a day, when professional gamblers are backed .. thou, transparency, is a MAJOR problem.
Handle with care ..
Marmite
This is not a culinary blog .. thou, the Singapore Fried rice, from a certain chinese restaurant, would win all my personal awards.
Whilst in NZ last yr, one of the biggest talking points, on local radio, was the non-availability of Marmite, following the earth-quake in Christchurch.
Things must be getting back to normal (its still raining), as Marmite has returned to the shelves, thou, rationing, is apparently, in place.
The customs officials, are especially vigilant, so, this is a right result, for some .. I cant say more.
I do miss those talk shows, and the soapie on TV, following the gangs of professional sheep shearers .. its oddly addictive.
Whilst in NZ last yr, one of the biggest talking points, on local radio, was the non-availability of Marmite, following the earth-quake in Christchurch.
Things must be getting back to normal (its still raining), as Marmite has returned to the shelves, thou, rationing, is apparently, in place.
The customs officials, are especially vigilant, so, this is a right result, for some .. I cant say more.
I do miss those talk shows, and the soapie on TV, following the gangs of professional sheep shearers .. its oddly addictive.
Subscribe to:
Posts (Atom)