Category: betting

betting

“How to Choose the Right Sportsbook!”

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

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

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

Find out if the sportsbook is independently audited.

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

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

If you know about betting already, then check some of their odds and lines – are they in keeping with what you would expect? Some less scrupulous sportsbooks offer very attractive prices to lure unsuspecting bettors. Often these website owners know nothing about betting, do not hold accounts with the sportsbooks they are advertising and have not researched the companies they are involved with.

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

Happy betting!

You are keeping your money in an account online. But ask yourself ; “how easy is it to get access to my money and how much does it cost?”

The UK has a number of established books including William Hill, Ladbrokes, Coral, and Victor Chandler. Sometimes this means added solidity.

What are the deposit and withdrawal options and the associated charges.

This article was posted on October 22, 2004

<< Back to “Recreation And Sports” Index

I would say that US bettors are at most risk since they are generally forced to bet at offshore sportsbooks due to legality issues.

Find out if the sportsbook is part of a larger group of companies. King

It is not that easy finding a reputable sportsbook – partly because the web is populated by website owners who will sing the praises of a sportsbook or casino simply because they earn revenue from signing up customers via an affiliate program. I have had at least three online sportsbooks go broke on me – luckily my losses were kept to a few thousand dollars – that may sound a lot but it could have been a lot worse.

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

Not all the above are critical – but help towards finding a secure book. It is, therefore, critical that those US customers put in the research before signing up.

“How to Choose the Right Sportsbook!”

 by: Daniel B. Therefore you should think of the sportsbook you are considering as a bank – a place that you intend to keep funds long term.

Well I am in a position to speak from some experience – I did at one time hold accounts with about sixty bookmakers in Europe, UK, Australia and offshore – the latter catering mainly to the US market. I also like SportingBet (www.SBSportsbook.com) who take US customers and cater for global sports.

So what do you look for: . The offshore books with whom I work are top grade but it is in the offshore environment that problems occasionally occur. These vary quite a bit from book to book. Options should be available that are ‘free’ or where the sportsbook absorbs the charges

How To Get Offshore Oil Rig Jobs With No Experience

Work hard and smart for one to two years, and you could be promoted to a roughneck. Worldwide, $400 billion will be spent in 2009 looking for more oil… Unlike most physical jobs, you actually have a pretty good career path. A certified welder could make $60,000 working on an offshore oil rig. This could get you highly paid jobs in the electrical department or motor room. Large oil companies like Exxon spend $79 million everyday looking for new oil fields. Instead, go for a certified trade like an electrician or mechanic. In this line of work, you want to look for entry level roustabout jobs. You will be doing a lot of hard, dirty work and heavy lifting. With the amount of money being spent in the oil industry, you can bet that there will be offshore drilling jobs available to a fit, hardworking young man.

Offshore oil rig jobs are like any other career – you start at the bottom and work your way up. Offshore drilling companies like Transocean are still deploying new oil rigs and hiring workers. The different requirements are not just across countries, but also across US state boundaries and Canadian provincial boundaries.

For most jobs on an oil rig, university degrees are useless pieces of paper. You’ll be doing more of the same physical work, but you will also lead a team of roustabouts. Depending on where the oil rig is located, you may need vaccinations, first aid certifications, offshore survival certifications, firefighting certifications and helicopter underwater escape training certifications. You will also get the chance to help the derrickhands and drillers, giving you the experience to be promoted to a driller yourself.

Even without experience, getting offshore oil rig jobs is easier than getting a job as a rocket scientist. Offshore oil rigs legally count as ships at sea, so you’ll want to find out how the different laws affect you. Start with an entry level job, prove yourself, get promoted.

Are you looking for offshore oil rig jobs and oil rig employment? Click here to learn how RigWorker can help you to quickly and easily find offshore drilling jobs.

Article Directory: http://www.articledashboard.com

You can still find offshore oil rig jobs even in the middle of this recession. Don’t forget to check with a good tax lawyer – at one point of time, there were very good tax incentives for people taking up offshore jobs. Good cooks and medics are two other entry level positions always welcome on an oil rig.

By: Calvin Loh. Even though the Department of Labor will call you a general laborer, you’ll be earning somewhere around $45,000 a year, better than some white collar jobs.

Remember to read up a little bit on maritime law. Even though OPEC is complaining that oil at $40/barrel is too cheap

Derivatives: Futures and Options

Forwards and futures prices are good reflectors of the price directions as well as the expected change in the future prices of the underlying asset.

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

They can be used to make arbitrage profits. While spot is an immediate, present tense contract, a forward is a later date or future tense contract that is just being finalized today. The value of your option to either buy or sell the shares of this company, derives its value from the actual market prices of the underlying asset, in this case, the shares of company XYZ. Being traded on exchanges robs the futures of the customization that is available on forwards, but on the other hand, as exchanges play clearing houses in the transaction, futures have relatively lower credit risk.

Learning about derivatives is one of the most important lessons to learn, for anyone making new forays into investment finance. These are normal financial instruments where you just buy or sell shares of company XYZ (for $20 each, if market value equals the intrinsic value). Know their uses and advantages, their drawbacks as well as their various types, namely forwards, swaps, futures and options.

What is the Derivatives Market?

Certain exotic types like Cacall, Caput, Barrier options, etc., lure investors with the greed of returns, but what happens many a time is that, traders fail to see the complexity involved in them. So for once, a financial instrument has been named correctly, an instrument that derives its value from some other asset is termed as a derivative.

Options are basically of two types, a call option and a put option. When investing in these instruments, be aware of the risk that you are taking on with that kind of leverage.

When they are used for hedging, they perform exceptionally well but when used for speculation, it is not prudent to rely too heavily on them. Options are not limited to the exchange traded derivatives markets and some are also traded on the OTC markets.

Futures contracts are derivatives very similar to forward contracts, with the main difference being that while forwards are traded OTC, futures are traded on an exchange. Hull in his 1999 book titled ‘Options, Futures, and Other Derivatives’.

Mastering these instruments can make you a millionaire overnight, but it is good to understand them first. They are very good risk management tools and are mainly used to hedge risks that a trader is routinely exposed to. By definition, they are financial instruments that derive their intrinsic values from the underlying asset that they are based on. Futures are also agreements to buy or sell commodities at a certain predetermined price at some predetermined time in the future. In a put option, the option will thus, only be exercised if the strike price is higher than the going market price at that specific point of time in the future. You’ll know then, why all traders haven’t mastered the art yet and become overnight millionaires. Think about it and you’ll know why so many have gone down while betting on these instruments. On the other hand, forwards, swaps, and CDS are usually traded on the over-the-counter (OTC) markets. He either takes on another risk in return or makes a cash payment in exchange for the risk transfer.

Instruments like forwards and futures play a key role in giving directions to the market prices of the future. On the other hand, a put option gives the buyer the right but not the obligation to sell a certain asset at an agreed price (strike price) by a certain date in the future. Last but not the least, they lend monetary power to the traders, for they can take large positions in the stock market with the minimal amount of cash, i.e., by just paying the premium amounts.

Interest Rate Swaps

Interest rate swaps are also derivatives for they too derive their values from the underlying debt instrument. The term futures encompasses all things like foreign exchange futures and stock index futures as well. Marginal swings in the value of these shares can leave you with the outcome – ‘Investment – $100 and Total Loss $100, 000′. How else is it possible that just investing $10 should help you take positions worth $1000. Inexperienced options expire once their time duration ends and it is only the premium paid for buying the option that exchanges hands between the two parties.

These markets happen to be of two types. Options are fantastic in their ability to cater to every possible need of the stock market trader. Two or more options can be combined together (synthetic options) to give the trader just the kind of payoff he was visualizing, given his forecasts of the future price movements on the stock exchange. First the futures and options are traded on the exchange traded derivatives market and are standardized instruments with negligible credit risk. On the other hand, with a short position (agreement to sell), your payoff will be the differential between the spot price of the commodity then and the futures price that you have agreed on (S – F).

Uses in Investment Finance

They are simple financial instruments. There is no monetary transaction to the contract when it is first negotiated, and money only changes hands on contract maturity. When you hold a long position in a forward contract, i.e., you have agreed to buy the underlying commodity at the agreed price, your payoff will be the differential between the forward price and the spot rate at that point in the future (F – S). Not understanding how they work and investing large sums of money in them blindly is a folly. Since it is the ‘right but not the obligation’ to buy an asset, it is obvious that the call option will only be exercised if the strike price is lower than the going market price for the underlying asset at that certain time in the future. A call option gives the buyer the right but not the obligation to buy a certain asset from the call option writer, by a certain date and for a certain price, known as the strike price. For example, if a party has a fixed rate payment obligation and another one has a floating rate one, the two can swap their interest obligations with each other without settling the underlying debt.

Options Contracts

Understanding Futures and Options. The intention is to buy low and sell high in two different markets and pocket the differential profits.

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

Forwards Contracts and Futures Contracts

By definition, a forwards contract is ‘an agreement to buy or sell an asset for a predetermined, fixed price, at a certain time or date in the future’. But when you have a derivative option on the shares of this company, you are basically holding a financial instrument that has no intrinsic value of its own. These non-standardized financial instruments bear some amount of credit risk, since no exchange interferes between the buyer and the seller. Plain vanilla swaps, or the least complicated of swaps, allow two parties to swap their interest obligations. Research them and you will find a very grim picture, more houses have been broken with these instruments than have been built. Be careful and ask all the right questions before you bring out the cash.

Since most of them involve the play of big money with very little in the way of initial investment, most people fail to foresee the impact they can have on their total funds. While most financial assets have intrinsic asset values or prices, the intrinsic value of a derivative is based on the financial asset that forms the basis of a derivatives contract. Arbitrage profit opportunities are those opportunities that allow for risk-free, zero net investment profits, by capitalizing on price differentials on the same commodity in different markets. These are extremely powerful instruments and though, ‘no guts no glory’ does summarize the ‘higher risk, higher potential return’ mantra of investment finance; having open positions in them is never prudent. If you wish to play the stock markets, they offer an unbelievable amount of ground to play in, especially when it comes to hedging and risk management. Futures and options trading is fantastic as a risk reducing measure (hedging), but may not be equally fantastic as a speculative bet, especially when you do not have the required expertise, neither in derivatives nor in forecasting.

Below are some of the uses as listed by John C. They offer the trader, the option of passing on some of the risk that he’s bearing over to another party. They can be used to hedge open positions in stocks and this makes stock trading safer. Lack of knowledge coupled with greed, turn them into your worst possible nightmare. Here’s and example of an underlying asset.

Shares of company XYZ have an intrinsic value of $20 each. Many an investor have fallen to greed in this market, for everyone else, it is a risk management boon.

Whether futures and options, or swaps and forwards, all require careful and deliberate study. They are a boon for the hedgers but not always so for the arbitrageurs and speculators.

A point to note here is that, while futures and forwards are obligatory buy and sell contracts for the holders, options are rights and not obligations that the holder can choose on whether to exercise or not. The only difference between them and the normal financial instruments (like shares), is just the little term called ‘underlying asset’. For many, what they invest in these instruments are their savings so you can only imagine the impact.

Many investors fail to understand that investing in them means indulging in a kind of leveraging. Even though you have invested only $100, the position that you had taken in the market was on $10000 shares. But before you start thinking about having bigger yields out of these instruments, know a little more about them. Forwards contracts are over-the-counter contracts that usually trade on commodities. The only difference between a normal spot transaction and a forward transaction is the time span between the contract and its fulfillment. For many of these instruments, small changes in the underlying asset can swing your fortunes from millionaire to bankrupt within seconds

How To Master Sports Betting

It doesn’t matter if it is pretty or not.

Sports betting is an easy way to make a tough living. The weather conditions also make a difference as they do in horse racing. Business is business and you need to be concentrating on who is going to win regardless of who likes and who doesn’t like which team.. You want to know who trained and who didn’t. Thus when you are doing well, you will still be focused and when you aren’t doing so well you won’t be thinking that it’s the end of the world. You shouldn’t favor a team because they are the team your best friend supports. This means that when you place your bets you need to be thinking clearly and concisely. Anything less than this and it is going to be a disaster. Hopefully this kind of thinking will keep you grounded. It’s all about accumulating winnings. Over time, you will learn what it should be that you should be paying attention to.

Speaking of the long run, this is what you should be focused on. So if you suffer a bad break along the way, just remember it goes with the territory. So do yourself a favor and swear off them. It could provide great insight as to predicting what will occur.

Look for value bets. Also look into how sides perform the week after doing certain travel. What is the point of drowning yourself in statistics and research for what you could just as easily decided with a flip of the coin? So you need to sift through it all and just take the morsels here and there which are really important and make a difference. If you are going to do it you need to do it properly and master it, it means you are completely organized and focused. You can’t let the highs and lows affect you too much.

Because of this point, it is probably better if you steer clear from any matches involving the teams that you like. Upsets are always going to happen but see when it makes the most sense when to go for that and when not to. Information and doing your homework is important, but you don’t want to full into the trap of information overload. On the flip side, you shouldn’t bet against a team because someone you don’t like roots for that team. Travel is a factor such as when East Coast sides travel to the West Coast and vice versa. You will be better off for doing so in the long run.

In the case of team sports, injuries are important. For instance, if you are pretty certain that a side is going to win and they are getting good odds for this than take this. It is only going to place you in a difficult position and as much as you might think it won’t be, your decision making ability is going to be compromised. You don’t want to lose money just because you weren’t on top of your game.

The most important thing is that you need to take emotion out of the equation

Thiel Foundation Announces 2016 Thiel Fellows

Kisan

enables farmers to sell their produce directly to institutional buyers

using a smartphone, rather than going through the physical marketplace

dominated by middlemen.

Nick Mares (San Francisco)

Kettle & Fire

Food

Nick

co-founded Kettle & Fire with his brother to bring to market the world’s

first shelf-stable bone broth made from grass-fed, pasture-raised

cattle. In turn, HelloToken has created an engine for real-time contextual

research across millions of people.

James Sun (Toronto, Canada)

Revlo

Social

Gaming

James is co-founder and CEO of Revlo, a fan engagement

platform for the game broadcaster Twitch. Beek casts aside sterile 5-star

rating systems and lets users discuss and react to books while they are

actually reading them.

Brian Truong (Boston, MA)

HelloToken

Enterprise

Software

Brian is CEO and co-founder of HelloToken, a company

that enables digital publishers to earn up to 10x more for their content

by posing simple market research questions to readers instead of serving

ads. Their wholesome, slow-simmered bone broth is available at select

Whole Foods, Sprouts Farmers Market locations, and several online

retailers.

Grace Xiao & Raul Jordan (Cambridge, MA)

Kynplex

Communication

Software

Grace and Raul are co-founders of Kynplex, a startup

that provides communication tools for scientific laboratories. Poirier (Montreal)

Retinad

Virtual

Reality; Gaming

Samuel is co-founder and CEO of Retinad, the

preeminent analytics platform for virtual reality apps.

Young people now have more options than ever.”

Joey Krug (Knoxville, IL)

Augur

Prediction

Markets

Joey is building the world’s first decentralized

prediction market platform. By leveraging the power of ocean currents to

concentrate and extract plastic waste, The Ocean Cleanup is orders of

magnitude more efficient than traditional approaches that rely on boats

and nets.

Panashe Mahachi (Kitchener, Ontario, Canada / Mountain View, CA)

Lace

Labs

Government Technology

Panashe is

co-founder of Lace, a marketplace for cities and other municipalities to

find and purchase cutting-edge software. Lunar Labs aims to bring online the 64 million

Americans–and then billions more worldwide–that don’t yet own a

smartphone.

Matt Arbesfeld (Cambridge, MA)

AppHub

Developer

Tools

Matt co-founded AppHub, a company that builds tools that

let app developers deploy and update software applications easily and

instantly. Augur is built on the Ethereum blockchain

and allows users to forecast events and be rewarded for predicting them

correctly.

Pamela Valdes Esteva (Mexico City, Mexico)

Beek

Social

Networking

Pamela is co-founder and CEO of Beek, a social

network for millennial book lovers. Three years later, Yellowberry has pioneered a new approach

to this market, and has expanded beyond bras to underwear, loungewear,

and activewear.

Lexi Smith (Boston)

Carewell

Health IT

Lexi

is co-founder of Carewell, an intelligent caregiving platform that helps

caregivers take care of loved ones with dementia by using wearable

devices to learn the smartest ways to provide personalized care.

Jesse Leimgruber (San Francisco)

NeoReach

Marketing

Technology

Jesse founded and runs NeoReach, a startup

developing influencer marketing technology for Fortune 1000 brands and

their agencies. Local governments are

increasingly interested in innovation; the Lace platform helps municipal

staff to build smarter cities.

Introducing the 2016 Thiel Fellows

Matthew Salsamendi & James Boehm (Seattle, WA)

Beam

Social

Gaming

Matt and James co-founded Beam, an interactive

live-streaming platform for gamers.

“This has been proven true–by the successes of our past fellows, by the

new applications we get every year, and by the growing numbers of young

people who are creating their own career paths outside of college, with

or without a fellowship from us.”

Thiel Fellows receive mentorship and guidance from current and former

fellows, as well as from the Thiel Foundation’s network of technology

entrepreneurs, investors, and scientists.

Hunter Rosenblume & Rohith Varanasi (Detroit, MI)

Lunar

Labs

Telecommunications

Hunter and Rohith

co-founded Lunar Labs, a startup that sells smartphones with no monthly

contracts and pay-as-you-go data on a per-app basis starting at just

pennies per day. He is now working on Quizr, a sports betting

application that launches in Europe in late 2016.

ABOUT THE THIEL FOUNDATION

To date, companies created by Thiel Fellows are together worth more than

$1.4 billion.

“In the past few years we’ve seen a dramatic change in the way young

people approach their potential,” said Jack Abraham, Executive Director

of the Thiel Fellowship. He is also the

co-founder of Visionary VR, a venture-backed startup building software

for creating stories using virtual reality.

Luke Sophios (San Diego)

CourseKey

Education

Technology

Luke is founder and CEO of CourseKey, a software

company that allows teachers to leverage the devices that their students

are already bringing to class – laptops, tablets, and smartphones – to

instantly create a more interactive, engaging “smart classroom”.

“We launched the fellowship in 2011 to test a simple thesis: college

isn’t right for everyone–especially for young people who want to create

new things,” said Blake Masters, President of the Thiel Foundation. NeoReach is currently used by industry giants such as

Wal-Mart, Amazon, and NBC.

. For more information, see thielfoundation.org.

Joey Levy (New York)

Quizr

Sports

Gaming

Joey founded Draftpot, a daily fantasy sports platform,

from his dorm room in 2014. The system evaluates athlete movement to identify injury risk

factors and inform smarter training.

Christian Owens (London)

Paddle.com

Software

Christian

is the founder and CEO of Paddle.com, which builds infrastructure for

software companies to help companies deal with complex issues such as

payments, taxes, localization, and analytics.

SAN FRANCISCO–(BUSINESS WIRE)–The Thiel Foundation today accepted 29 new members into the 2016 class

of Thiel Fellows. Our message may have seemed

odd four or five years ago–some found it blasphemous to question how

well American higher education was working, and to suggest

entrepreneurship as an alternative path–but today even the colleges are

waking up; top schools are creating their own incubators, crafting more

flexible stop-out policies, and even raising venture capital funds.

This year’s cohort was selected from more than 6,000 applications

received from around the world.

Megan Grassell (Jackson Hole, WY)

Yellowberry

Apparel

Megan

founded Yellowberry in high school when she realized that tween girls

like her younger sister lacked age-appropriate options when buying their

first bras. “Many are applying to the program with one or

two companies already under their belts–they’ve become successful

founders before they can even buy a beer. Henry Hu (Hong Kong / San Francisco)

Cafe X

Food

Technology, Automation

A native of Beijing, Henry Hu is CEO and

co-founder of Cafe X, which designs, manufactures, and operates

automated robotic cafés that serve locally roasted coffee in 10 seconds.

Cosmo Scharf (Los Angeles, CA)

The Virtual Reality

Foundation and Visionary VR

Virtual Reality

Cosmo

co-founded The Virtual Reality Foundation, a non-profit organization

that produces the world’s largest event showcasing virtual reality

technology, VRLA Expo, as well as The Proto Awards, the premier

celebration for recognizing virtual reality content. Revlo makes it easy for

broadcasters to interact with all their fans and monetize them.

Samuel F. The fellowship provides young people with $100,000 to

learn by doing rather than by following conventional paths like college. Retinad helps

developers create better VR content with tools such as heat maps and

user emotional tracking so that consumers can enjoy a more immersive,

personalized virtual reality experience.

Sohail Prasad (Plano, TX / San Francisco)

Equidate

Financial

Technology

Sohail is the founder and co-CEO of Equidate, a

secondary marketplace for shares in private companies. AppHub’s mission is to empower engineers by eliminating

tedious and redundant, time-consuming work.

Alex Rodrigues (Calgary, Alberta / Mountain View, CA)

Varden

Labs

Autonomous Vehicles

Alex is CEO of Varden

Labs, a startup developing self-driving shuttles for private campuses. To date, Equidate

has helped thousands of employees at private companies sell portions of

their stock to accredited investors in the absence of an IPO or

corporate sale.

Anthony Zhang (Calgary, Alberta, Canada / Mountain View, CA)

EnvoyNow

Local

Delivery

Anthony is CEO and co-founder of EnvoyNow, a last-mile

food delivery service focusing on colleges and universities.

Varden’s technology has been used to transport thousands of people, more

than any other autonomous vehicle company in the US.

Aditya Agarwalla (New Delhi, India)

Kisan Network

Agriculture

Marketplace

Aditya is co-founder of Kisan Network, an online

marketplace for the $200 billion Indian agricultural ecosystem. Beam lets viewers of live-streamed

video game sessions get involved in the game, influencing gameplay in

real time.

Eva Shang (Cambridge, MA)

Legalist

Legal

Analytics

Eva is co-founder of Legalist, a legal analytics and

alert platform that helps lawyers keep track of new developments in case

law so that they can represent their clients more effectively.

The Thiel Foundation supports science, technology, and long-term

thinking about the future. BioMetrix is pushing the limits of connected

technology and insight-driven intelligence with a simple, skin-adhered

sensor. Through a

workforce of students who live on campus, EnvoyNow makes delivery

direct-to-dorm room, direct-to-lecture hall, and direct-to-study nook

faster and more accurate than mapping software-based delivery services

can achieve.

Ivonna Dumanyan (Kherson, Ukraine / Durham, NC)

BioMetrix

Wearable

Performance Technology; Artificial Intelligence

Ivonna is

co-founder and CEO of BioMetrix, a wearable platform for injury

prediction and prevention. By

connecting the fragmented world of scientific research, Kynplex aims to

accelerate the pace of discovery.

Boyan Slat (Delft, The Netherlands)

The Ocean Cleanup

Environmental

Technology

Boyan founded and runs The Ocean Cleanup, a

non-profit organization that develops technologies to rid the world’s

oceans of plastic

Advice on Sports Betting

Afforded your method is a winner and your gambling pool and gambling plan is appropriately worked out inside that scheme, then ultimately your losing stripe will twist around and your method will become lucrative once more.

Becoming triumphant at gambling on games is attainable but having an approach and fastening to it is vital for that to occur. This is a vital piece of games betting guidance.

Your gambling bank or staking arrangement must be worked out in combination with your gambling methods. It is when effects start to go erroneous and you have go on boarded upon a trailing stripe that the regulation of sticking to your scheme and staying inside your betting plans suits the most hard thing to do. It must not be also complex. Here are presently a few oddments of sports gambling guidance that will assist you return from this potentially productive marketplace.

Discipline

Betting Through Bank

Choose a system which is already proved

Author’s Bio: 

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If are not somebody who can waited restricted and alerted on whatsoever betting approaches you are with then you ought to not even think taking it up as a severe alternative.

The most significant piece of games betting suggestion I can provide you is – find a scheme that is a confirmed victor