Negative Effects of Gambling

A study by the same university suggested that 73% of the individuals who are imprisoned are found to be problem gamblers.

? Gambling has proven to be addictive. The effect is similar to that of having a drug or a drink, which is why gambling changes one’s mental state and mood.

? Studies show that children with a sibling or parent addicted to gambling, are more likely to take to substance abuse.

Initially, one looks at gambling as a way to run away from life’s problems, or from stress, anger, and loneliness. Over time, it becomes a habit, and eventually an obsession that can’t be overcome. Due to lost mental peace, they may ill-treat their spouse and children. Their mental state can even lead to suicidal tendencies.

? According to a study by the George State University, 50% of the problem gamblers commit crime. Some go that way to forget the sorrow of losing big sums when gambling.

? Apart from absence at work and drop in efficiency, a common observation is that gamblers tend to steal money and engage in fraudulent behavior to recover from financial losses incurred when gambling, or to get more money to bet.

? According to a research by NCPG, 76 percent of problem gamblers are likely to have a major depressive disorder.

Compulsive gambling leads to bankruptcy

? The costs of treating compulsive gamblers are huge. Thus, gambling practices cause a huge financial burden on the families of the affected and on the society at large.

? Problem gamblers and addicts tend to abuse their family members. Because of this, they land in worse situations and take the wrong decisions in life.

? The stress from gambling may lead to health issues like ulcers, stomach problems, muscle pains, headaches, and problems with sleep.

? The addiction to gambling can leave one in bankruptcy. The skill of a gambler lies in weighing the three parameters and making a decision about what amount should be staked and how much should be expected in return.

? Gamblers often exhibit mood swings and a strangely secretive behavior. In the following sections of this Buzzle article, we discuss the negative effects of gambling on the individual and society.

Gambling = Thoughtless Expenditure + Waste of Time

? Similar to how an individual keeps consuming substances like drugs or alcohol to experience an altered mental state, he continues to gamble. It soon becomes a habit that can’t be broken.

? As gambling leads to increased criminal activities, in a way, gamblers add to the burden on prisons and the legal system.

? A majority of those addicted to gambling have substance abuse disorders.

? Additionally, rehabilitation and public assistance systems are taxed.

? Gambling can lead to criminal activities. It causes a decline in his/her work performance, thus hampering his career.

? They start borrowing money and take secret loans. The addiction gets on to the gamblers to such an extent that they fail to think wisely before acting. Betting is a mentally taxing activity, and as one goes on risking more and more money, anxiety starts building.

? Research has shown that gambling can lead to harmful behavior in people. The addiction leads people to continue with gambling irrespective of whether they earn or lose in the deal. The addiction has negative effects on one’s physical and mental health and it proves to be detrimental to one’s social, personal, and professional life. The National Council of Problem Gambling (NCPG) describes this type of gambling behavior as problem gambling.

? Substances of abuse are served at casinos and in pubs and clubs, thus increasing the likelihood of gamblers consuming them. Games offered in casinos, table games like poker, Red Dog, and Blackjack, as also electronic games like Slot Machine and Video Poker are some of the common types of gambling. Thus, gambling can have a grave economic impact which is difficult to reverse.

? People who fall prey to gambling tend to remain away from their families and waste money on other bad practices. Some take to substance abuse to supplement the high they get from winning huge sums while gambling. Sports betting and arbitrage betting are the other types. Six to eight million people in America are estimated to have a gambling problem.

? Children of parents who are problem gamblers or gambling addicts tend to feel abandoned and angry, further increasing stress and leading to strained family relations.

? Over time, the practice of gambling starts becoming a habit and begins to have damaging effects at psychological, physical, and social levels. Card games, coin tossing, and dice-based games are some non-casino based forms of gambling. The greed never ends and they keep betting more and more. To add to the so-called merry atmosphere, gamblers often smoke or drink while playing.

You could be at gunpoint or holding the gun. It only leads to a thoughtless expenditure of money and valuables.

Gambling refers to the betting of money on an event with an uncertain outcome, with the intent of winning additional wealth. They tend to stay away from their near ones, resulting in distrust between them and their loved ones.

Mental and physical health problems, financial issues, and conflicts in the family are among the common negative effects of gambling. Addiction to gambling, coupled with substance abuse can make the gamblers physically abusive towards their family. Their debt keeps building and it may reach an amount that exceeds their capacity to repay.

? People continue gambling with the greed of winning money. The addiction robs a gambler of all the productive time and leads to loss of efficiency at work. The two go hand in hand. Rehabilitating the gambling addicts needs money and time, and the process is not very easy. According to the National Research Council, 10 to 17% of the children of problem gamblers have been abused and so have 25 to 50% of the partners of problems gamblers.

? Gambling is practiced as a means of recreation. The stress of risking huge amounts of money or the frustration after losing it can increase the tendency of abuse in gamblers. This proves to be detrimental to their social and family life. In spite of the losses incurred, they continue betting. They engage in gambling activities at the cost of their time with family and friends. Forget satisfaction or peace, it is not even refreshing in the real sense. It can drag you into crime, gambling isn’t fun.

? Gambling at the cost of one’s job results in a decline in the quality of his professional life. On giving a serious consideration to the negative effects of gambling, we realize that it is best avoided.

? An Austrian study said that around 1 in 5 suicidal patients had a gambling problem.

? According to the University of New York, in people with alcohol use disorders, the chances of developing an addiction to gambling are 23 times higher.. The decision to gamble money is based on three parameters namely; how much to bet, the predictability of the event, and the conditions agreed upon, between the gamblers. A recreational activity is supposed to be refreshing and relaxing, but something like gambling is contrary to the very purpose of recreation. When they lose the money they had risked, they further gamble to recover the lost amount and it becomes a vicious circle even they can’t escape from.

? Addiction to gambling has been linked with substance abuse

UBS Writes Down Positions, Predicts an Overall Loss in Third Quarter, and Reorganizes Management

These securities are either AAA-rated or High Grade, and have a

short weighted average life.

Previously, he was General Counsel for the O’Connor

hedge fund and fund of fund businesses, and was on the O’Connor team at

its relaunch in 2000. Ferri is also responsible for managing the product

pipeline, business development, sales and client services.

Short bio William Ferri

While the third quarter loss means that pre tax results for the full

year 2007 will most probably be below those for 2006, total earnings

should still be at a high level and UBS will finish the year in a strong

capital position.

In the third quarter, UBS will recognize substantial losses in FIRC

within the Investment Bank, mainly on its holdings of securities related

to the US sub prime residential mortgage (RMBS) market. Its shares are listed on the SWX Swiss Stock Exchange,

the New York Stock Exchange (NYSE) and the Tokyo Stock Exchange (TSE).

UBS is one of the world’s leading financial

firms, serving a discerning international client base. (since 1995) where positions held included Corporate Vice President

and Associate General Counsel to the Global Equities Division, and

Deputy Director of Compliance.

UBS has only limited exposure to leveraged lending with commitments of

about USD 13 billion. He also chairs

the Swiss Institute for International Studies (SIAF).

 

In third quarter 2007, expected pre-tax loss for the Group between

CHF 600 million and CHF 800 million, due mainly to write downs and

losses in the FIRC business within the Investment Bank

For the first nine months of 2007 pre-tax profits for the Group in

the order of CHF 10 billion, and expect to end the year with good

level of profits and a strong capital position

All other businesses in the Investment Bank, as well as the Global

Wealth Management & Business Banking and Global Asset Management

business groups, performing very well

Management changes:

– Investment Bank Chairman and CEO Huw Jenkins to step down. Mr. He is a Swiss citizen. From 1996 until the merger of SBC

and Union Bank of Switzerland in 1998 he served as regional manager of

the Zurich-Eastern Switzerland-Ticino area for the corporate and

commercial banking activities of SBC. As an integrated firm, UBS

creates added value for clients by drawing on the combined resources and

expertise of all its businesses.

With effect from today:

Marco Suter was elected to the Board of Directors at the Annual General

Meeting of UBS in April 2005 and thereafter appointed as Executive Vice

Chairman.

UBS

“On August 14, I said that if turbulent

conditions prevail throughout the quarter, we will probably see a very

weak trading result in the Investment Bank, offset by predictable

earnings from wealth and asset management. Ferri began his legal career practicing corporate law at Seward &

Kissel, from 1991 to 1995. It has offices

in 50 countries, with about 39% of its employees working in the

Americas, 34% in Switzerland, 16% in the rest of Europe and 11% in Asia

Pacific. The one firm approach requires a

successful and profitable Investment Bank. During 2008 we will continue

to focus on improving cost and balance sheet efficiency.”

Despite the unsatisfactory results for the third quarter, we still

expect to end the year with a good level of profits and in a strong

capital position. I have therefore taken

decisive action to be as transparent as possible. Wolf also participated as a panel member at

the inaugural Wall Street forum for HIV and AIDS alongside former UN

Secretary Kofi Annan.

Short bio Robert Wolf

“I am confident that, with these changes and

by properly absorbing the lessons of this quarter, we will become a

stronger bank. Scoby has a BS from Wharton School and an MA from the

University of Pennsylvania, both earned with honors in a total of four

years of study and awarded in 1987.

These write downs are mainly of (a) legacy positions of the now closed

Dillon Read Capital Management subsidiary and (b) positions entered into

as part of the Investment Bank’s mortgage

backed securities business.

Mr. These events have led to the

management changes announced today. Wolf graduated from the Wharton School at the University of

Pennsylvania with a B.S. Between 1999 and 2005 he was Group Chief Credit Officer and

a member of the Group Managing Board. We have a strong balance sheet, a strong franchise, and

leading positions in all businesses in all regions. Marcel

Rohner, Group CEO, will reorganize senior management, take over as

Chairman and CEO of the Investment Bank, and accelerate structural

improvements to the firm.

The remaining relevant positions in direct sub prime RMBS have a current

net value of USD 19 billion. Mr. He is a member of the

Global Asset Management Executive Committee and a member of the UBS

Group Managing Board.

Walter Stuerzinger, Group Chief Risk Officer (GCRO), will become Chief

Operating Officer, Corporate Center, and hand over the GCRO position to

Joseph Scoby, currently Global Head of Alternative and Quantitative

Investments (A&Q), Global Asset Management. He is married with two children.

Robert Wolf is the Chairman & CEO of UBS for the Americas. UBS’s financial businesses employ more than 80,000 people

around the world. Joseph Scoby’s record both as

head of A&Q and previously as Joint Head of US Equities within the

Investment Bank makes him an ideal successor to Walter Stuerzinger. Scoby’s

experience includes portfolio management in commodity options,

convertible arbitrage, equities, equity derivatives, corporate bonds,

merger arbitrage, quantitative equity, real estate finance, and

fundamental based equity long short funds. Clive Standish, Group Chief Financial Officer, will retire.

Third quarter results

There are other, smaller, losses in equities proprietary trading within

an overall satisfactory result.

Mr. I have also made

appropriate senior management changes, and will accelerate

already-planned changes to the firm. Suter first joined the bank in 1974 as an

apprentice at SBC’s St. Prior to that, he held various

management positions in SBC’s investment banking operations, first as

the Continental European Head of Merchant Banking and later as the Chief

Credit Officer for EMEA. From

1995-1999 he was the Joint Head of US Equities at the Investment Bank,

with responsibility for approximately 650 employees. He received a BS form Cornell University in

1988 and a JD from the University of North Carolina in 1991.

William Ferri is the Head of Business Development and Logistics for

Alternative and Quantitative Investments (A&Q), an alternatives platform

within Global Asset Management.

Biographies

Following a write down of positions in fixed income, rates and

currencies (FIRC), mainly related to deteriorating conditions in the US

sub prime residential mortgage market, UBS is likely to record an

overall Group pre-tax loss of between CHF 600 million and CHF 800

million for third quarter, ended September 30. A

glossary, containing definitions of some of the less-well known terms

used in today’s release, is also available at www.ubs.com/media.

Robert Wolf, Chairman and CEO, UBS Group Americas and Chief Operating

Officer Investment Bank, will additionally become President, Investment

Bank. His long experience and knowledge of UBS, including as

Group Chief Credit Officer, make him extremely well qualified for this

position. in Economics. Mr. Management action has been taken to

make certain these positions are appropriately valued and risk managed.

Results for third quarter 2007 will be announced on October 30, 2007 as

planned.

UBS has no material exposure to conduits.

Continued strong performance in other business areas

As a result of the planned changes within the Investment Bank, overall

staff numbers will fall by about 1,500 by the end of this year.

The marks take a cautious view of future developments in the US mortgage

market and UBS is content to hold these securities at this level of

valuation.

Working closely with other members of the management team and the key

investment professionals within A&Q, Mr. William Ferri, currently

Head of Business Development and Logistics for A&Q, will be appointed as

the new Global Head of Alternative and Quantitative Investments.

All other UBS businesses remain strong. Suter was born on 7 May 1958. There is also a smaller position of below USD 4 billion net

exposure to sub prime securities through warehouse lines and retained

CDOs. Scoby began his career with O’Connor and

Associates in 1987 and became a Managing Director in 1993. He also

serves as Global Chief Operating Officer for the Investment Bank.

In addition to his roles at UBS, Mr. Mr. Suter has been with UBS and its predecessor, Swiss Bank Corporation,

since 1974. He also has extensive

experience in solving institutional and corporate client problems using

derivatives. Gall office and later broadened his experience

with assignments in Nyon, New York, Basel, Zurich and London.

Commenting on these changes Marcel Rohner said:

Short bio Marco Suter

In addition, UBS has taken significant write downs on positions in Super

Senior AAA-rated tranches of CDOs, based on level 3 valuation models.

Our first quarterly loss in nine years is an unsatisfactory result,

especially after such a strong first half. In Global Wealth Management &

Business Banking, all geographical regions continue to attract net new

money. Group

CFO Clive Standish to retire

– Marco Suter, Executive Vice Chairman, UBS, to become Group CFO

– Walter Stuerzinger, Group Chief Risk Officer (GCRO), to become

Chief Operating Officer (COO), Corporate Center

– Joseph Scoby, Global Head of Alternative & Quantitative

Investments, UBS Global Asset Management, to become GCRO, UBS

Investment Bank changes:

– Robert Wolf, COO, Investment Bank, additionally appointed

President, Investment Bank

– Money Markets, Currencies and Commodities (MCC) to be integrated

into Fixed Income

– Initiation of cost reductions in Investment Bank

Marcel Rohner, in addition to his duties as Group CEO, will for the

foreseeable future take over the role of Chairman and CEO of the

Investment Bank. These positions consist overwhelmingly of

AAA-rated tranches, 80% with a weighted average life of less than three

years. This led to substantial valuation losses, including in

securities with high credit ratings. A&Q currently has over USD

60 billion in assets under management. He has also been the head of O’Connor,

a specialist hedge fund provider within A&Q, with assets under

management of approximately USD 7.5 billion. When most mortgage backed securities positions were set up there were

offsetting positions in place, designed to mitigate risk in normal

market conditions. He is on the Executive

Leadership Council for the Multiple Myeloma Research Foundation, on the

Board of Trustees for the Children’s Aid Society, the Board of Directors

for the partnership for NYC and on the Board of Directors for the

National Sports Museum. Within the

Investment Bank, IBD has gained market share, the capital markets

business remains strong, and equities revenues –

though a bit weaker this quarter than a year ago, and in the context of

extremely difficult conditions – remain

healthy.

UBS is the leading global wealth manager, a top tier investment banking

and securities firm, and one of the largest global asset managers. Wolf is a member of the UBS Group Managing Board and the Investment

Bank Management Committee. Ferri has overall

responsibility for managing the logistics platform and business

development effort of the group, ensuring the investment team’s

requirements are met while maintaining the appropriate control

infrastructure. UBS remains a formidable

competitor in financial services and is well positioned to deliver

long-term profitable growth.”

Short bio Joseph Scoby

. He originally worked for PaineWebber

Inc. We have thousands of

talented people throughout the organisation who, by working together,

will deliver further value to our clients and additional growth to our

shareholders.”

A video containing an interview with Group CEO Marcel Rohner is

available at www.ubs.com/media as

well as at www.cantos.com. He served as Global Head of Fixed Income from

2002 – 2004, having joined the firm in 1994

after spending approximately 10 years at Salomon Brothers.

ZURICH & BASEL, Switzerland–(BUSINESS WIRE)–Regulatory News:

Within the Investment Bank, Money Markets, Currencies and Commodities

(MCC) will be integrated into Fixed Income under the leadership of Andre

Esteves.

Management changes

Mr. Wolf is on the Undergraduate

Executive Board of the Wharton School and sits on the Athletics Board of

Overseers at the University of Pennsylvania.

Joseph Scoby’s first task as a member of the Group Executive Board will

be to review and refine our risk processes. Following these actions, UBS is in

a strong position to continue to grow its client businesses.

Where possible, holdings are marked at the quoted market price. Valuations therefore mostly

use models with observable inputs, where possible, and level 3 valuation

models otherwise.

Marcel Rohner, Group CEO, said: “UBS operates on the principle that

management is accountable to shareholders. In

Switzerland, UBS is the market leader in retail and commercial banking.

UBS is present in all major financial centers worldwide. Mr. Its business,

global in scale, is focused on growth. Mr. Prior to his appointment to his current position in 2004, Robert

Wolf was Global Head of Fixed Income for over three years.

Marco Suter, Executive Vice Chairman, UBS, will leave the Board of

Directors to become Group Chief Financial Officer, and join the Group

Executive Board. Overall, FIRC

will record negative revenues in the order of CHF 4 billion.

Mr. Global Asset Management continues to perform well. All other businesses in the Investment Bank, and our

Global Wealth Management & Business Banking and Global Asset Management

businesses, continue to record good results. These have also been written down appropriately,

leading to a limited loss on these positions in third quarter.

Commenting on these decisions, Marcel Rohner, Group CEO said:

Mr. However, the deterioration in the US sub prime

residential mortgage backed securities market, especially in August, was

more sudden and more severe than in recent history, and markets became

illiquid. Pre-tax profits for the

first nine months of 2007 will be in the order of CHF 10 billion. Huw Jenkins, Chairman and CEO of the Investment Bank,

will step down from his position and become a senior advisor to Marcel

Rohner.

Joseph Scoby is Global Head of Alternative and Quantitative Investments

(A&Q), an alternatives platform within Global Asset Management with

approximately USD 60 billion in assets under management and 360

employees around the globe. In fact, conditions remained

turbulent, so we will make an overall pre-tax loss at Group level for

the quarter.

Mr. For most

sub prime holdings, this is not possible. Ferri joined the UBS Investment Bank in 1998

as Director of Equity Compliance

Casino-Gaming :: Why People Like Casinos?

Whether you are sitting in a land casino or at home visiting the virtual world of casinos online, there is always that excitement. Players can feel like they do not have to think about their problems, their stresses, when they are playing a game. Instead they focus on the wins, the strategy it takes to win, and the good times they are having. They are also thinking what they need to do to win. It is about the free money. If you have always wanted to try craps but could never afford the Vegas tables you can enter into a game online. Roulette is another option of online casino games. One, you can play online casino games and win money. The online casino games vary from slot machines and arcade games to variations of table games. By playing five cents one could win a hundred dollars. It would be impossible to list every reason for why people like casinos, but we do have some of the top reasons that individuals find casinos and most importantly online casinos enjoyable. Our first reason is the atmosphere of fun. It is also about playing the best poker players in the world at the online tournaments.

The four reasons we have listed above all center on two things. Enjoyment is always a key to playing online casinos.

There seems to be an inherent sense that games are enjoyable. Craps, baccarat, Texas Hold’em and other games are always available online. You do not just have to play one game.. You can change games whenever you want to. Many of us grow up still enjoying a game now and then. This lucky feeling draws gamblers in every day.

The online casino gambling also gives players a break from reality. If someone is playing the online casino poker they are thinking about what they need to bet. As children, parents offer us different types of games to help us learn things like social skills and to keep us occupied. We are able to buy a lottery ticket, take a chance on the spinning of a wheel, or use strategy to earn free cash.

It is also about meeting people. We have just listed a few.

. In the online casino world meeting people from all over the world is a possibility. Gamblers can play someone in China while sitting in the UK. They can learn about other cultures, other’s lives, and just have a great time. If you are waiting for the bingo call to start you can be playing a slot machine to win a couple of dollars. When we are adults we also get to enjoy the benefits of playing games for money. The fact is there are many reasons why people like casinos. The music that plays or the flashing lights of the online casino slots draw players in.

Some of the gamblers will play online casino slots thinking that luck is on their side; that this once they will hit the button and win the million dollar jackpot

How To Master Sports Betting

Upsets are always going to happen but see when it makes the most sense when to go for that and when not to. If you are going to do it you need to do it properly and master it, it means you are completely organized and focused. 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. It’s all about accumulating winnings. It doesn’t matter if it is pretty or not.

Speaking of the long run, this is what you should be focused on. The weather conditions also make a difference as they do in horse racing. So do yourself a favor and swear off them. 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.

In the case of team sports, injuries are important. Over time, you will learn what it should be that you should be paying attention to.

Look for value bets. This means that when you place your bets you need to be thinking clearly and concisely. Also look into how sides perform the week after doing certain travel. 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. On the flip side, you shouldn’t bet against a team because someone you don’t like roots for that team. So if you suffer a bad break along the way, just remember it goes with the territory. 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. Travel is a factor such as when East Coast sides travel to the West Coast and vice versa. You shouldn’t favor a team because they are the team your best friend supports. 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. Hopefully this kind of thinking will keep you grounded. You can’t let the highs and lows affect you too much.

Sports betting is an easy way to make a tough living. It could provide great insight as to predicting what will occur.. You want to know who trained and who didn’t. Because of this point, it is probably better if you steer clear from any matches involving the teams that you like. Anything less than this and it is going to be a disaster. You will be better off for doing so in the long run.

Information and doing your homework is important, but you don’t want to full into the trap of information overload. 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

Funding Black Entrepreneurs: The Arbitrage Opportunity

I hope that my appearance on the show will inspire my peers, fellow investment professionals, to see that there is an entire talent pool they are not tapping into and begin to proactively seek out black talent to create more inclusive and equal networks for our future generations.

So many black kids aspire to be entertainers or professional athletes because those are the only role models they see that look like them.

When the Shark Tank producers first asked me to be a guest judge on Season 7, I turned them down. And in order to reveal it, we must transform the face of success. on track to become majority-minority by 2040, the low rate of investment in minority entrepreneurs is not a reflection on the number of great minority lead ventures, but rather, a reflection of the networks we access. The diverse talent is out there. With enough hustle, entrepreneurship opens doors to a world of opportunities.

The lack of black entrepreneurs is nothing new. And you can’t invest in talent that you aren’t looking for.

At my new venture capital firm, Cross Culture Ventures, 80 percent of the companies we have invested in are led by black founders. I see it all the time. I am inspired by the diversity of the entrepreneurs that come into Shark Tank and the ability of the show to reach all Americans. Which is not surprising when you consider the fact that 1.5 percent of positions on investment teams are filled by African Americans. While I am a fan of the show, and an active investor, I find more comfort behind the camera rather than out front. These entrepreneurs see me and my investments in other successful entrepreneurs and feel that they are welcomed as creators, innovators and leaders, that they have a place in entrepreneurship, and that they have a real shot at being invested in. There are only 300 jobs in the NBA, but an endless amount of opportunities as an entrepreneur.

I see this robust pool of black talent because of my network and my team’s network.

I invest in black-led startups not because of a sense of charity. But, you can’t be what you can’t see. But when I thought about who would be watching the episode, the young black boys and girls who are desperately seeking role models that look like them, or the computer science major who is the only black student in his program, I realized the responsibility I had. When we took applications for SMASHD Labs, my new startup accelerator, 60 percent of them were from minority founders. I make those investments because of the basic principle of supply and demand, and the reality that black entrepreneurs typically lack the network to have their deals become bid up and overvalued. It is the same responsibility Daymond John took on when he decided to step in front of that camera as well.. With the U.S. This is a stark contrast to the overall landscape of startups, where only 1 percent of VC-backed founders are black. I have seen this proven time and again in my own endeavors.

I am grateful to have had the opportunity to be a Shark. The networks we are part of and the ones we choose to tap into, or not, are fundamental to this reality. But their ideas are as brilliant, their work ethic as strong, and their courage as impressive as entrepreneurs who receive the majority of Silicon Valley’s attention

Offshore Betting Lines & Odds

There may be minor differences of a half-point or full point here and there, but an online sportsbook that differs too much from the consensus odds will find themselves getting a large number of bets on one side. If the other online sportsbooks have the Spurs-6 and a sportsbook releases a line of Spurs -4 they will be hit with big  money on the Spurs. For many years offshore bookmakers set their initial lines based on those created by the large Las Vegas sportsbooks, but there has been a reversal in that trend and now the larger online sportsbooks are setting the initial lines and Las Vegas is following suit. Instead of the decimal odds of 2.25, American bettors will be able to choose the more familiar moneyline odds of +125.. Decimal odds of 2.25 means that a $100 bet would pay out $225 total.

Offshore odds are the betting lines that are posted at offshore betting establishments such as online sportsbooks. Decimal odds present a number that is multiplied by the original bet to give the total payout (wager plus winnings).

The majority of online sportsbooks will look to see what odds the other online sportsbooks have and follow suit. If the online sportsbook released Spurs-8, a large majority of the bets would come in on the underdog.

bmamerican

One thing to keep in mind when reviewing offshore odds is how they are presented will differ from sportsbook to sportsbook depending on the intended audience. Many online sportsbooks targeting European bettors will show their odds as decimal odds as opposed to fractional odds, such as 2/1 odds, which is what is familiar for most American bettors. Some of the bigger online sportsbooks have limits that exceed the standard bets accepted in Las Vegas.

bmdecimalodds

The majority of sportsbooks do post odds in “American” format and many of those which also target European bettors will allow customers to view odds in the manner that is most familiar to them

Tipping Slot Attendants In Las Vegas

Casinos want players to keep playing after they win a jackpot, not pack up and move to a competitor’s casino.

Yes, You Should Always Tip the Slot Attendants

Slot Attendants generally work for minimum wage. Many people feel if they hit a jackpot, regardless of the size, they should tip the slot attendant because he or she was the one that paid out the jackpot. That means I am still down $200, and the slot attendant wants a tip. Image Credit: (Flickr/sophistechate)

Become A Slot Tech In Las Vegas

All Day Long Buffets In Las Vegas

A slot attendant always needs to be polite and courteous to players regardless of whether they receive a tip or not. The cocktail waitresses, the slot attendants, and all other casino personnel have no incentive to be friendly, prompt, and courteous to the casino patrons.

If I have to tip a slot attendant to keep him or her happy then I will simply spend my money elsewhere. I tend to give a large tip too the cocktail waitress the first time I see her.

If you feel that you have received excellent customer service in a casino and want to tip the person or people, then go right ahead. The problem though, is that in order to survive the slot attendant needs to receive tips.

Just because I won a $500 jackpot does not mean that I am ahead $500. Instead, the casino wants to verify that the win is authentic, and then have the slot attendant pay me my winnings.

If this happens multiple times a casino will then either retrain the slot attendants in customer service skills or fire them.

Others suggest that tipping the slot attendant is a waste of money and will never do it.

Tipping is very personal, at the restaurant if you are not a regular tipper but you always eat there, then be prepared to have mucus in your food. I may have lost $700 before I won the jackpot. Their have been casinos in the past that have tried a no tipping policy. Each night the slot attendants play a game of numbers. I call hors manure on that. It is all luck.

The slot attendant will then stare at you, hoping for tip. They can point you out too machines that tend to pay off more often. Explain to them how you won a mini-jackpot and was going to keep gambling here but instead you are taking your winnings to a different casino to play because you are tired of the slot attendant who is very rude too you, simply because you did not give her a tip.

Further Thoughts on Slot Attendants

Whether you choose to tip the slot attendants or not is a very personal choice.

It is a scam. On the same token, if you feel a customer does not receive a tip then do not tip them. You should decide for yourself whether you want to tip a slot attendant. If your slot attendant is rude, cash out, talk to a floor supervisor, and then move onto a new casino.

No, Don’t Ever Tip the Slot Attendants

I gamble my own money, I get lucky and win $500, and now I am suppose to tip the slot attendant who simply paid me the cash? It is a scam. Did the slot attendant pitch in on the money I put in the machine? No. Good tips can encourage great customer service.

In todays world the casino could just as easily have the machine spit out a ticket and then I could take it to the cashiers’ cage to redeem my earnings. I don’t think so.

The casinos that have tried to the no tipping policy have paid higher than minimum wage to their workers, but it was still not enough.. These people feel that the only thing the slot attendant did is put a ticket in the machine and count out your cash.

If you go to the same casino to play on a regular basis, a repeat customer, then you should always tip the slot attendants. I also do not have to stumble with placing 2-3 quarters in her hand each time she brings me a new drink.

If you win a jackpot and don’t tip the slot attendant, and then receive poor and rude service from the slot attendant, quit playing. Here are both sides to the story.

As for the other casino staff such as cocktail waitresses and blackjack dealers, if you tip or not is up too you. It is very hard to survive in Las Vegas on minimum wage.

Tipping slot attendants is simply the right thing too do.

The debate has raged on for years. You should never feel forced to tip a slot attendant. Maybe in the old days, before all of this new computer generated tickets, I would consider tipping the slot attendant. Most of them will lose. They point many customers to many different machines. For what? The slot attendant did nothing but take 3 minutes of her time to pay me my earnings. Cash out your machine and find a floor supervisor or manager. As For Slot attendants, the only thing they can do is be rude too you. Slot attendants do not deserve a tip and never have.

Many people who like to tip say “well the slot attendant pointed out the good machines too use”. The slot attendants do not know any better then you do which gaming machines are the best too use. I then usually receive many drinks and get them without waiting. Every time those casino policies have failed. Out of all of these customers, one may hit a jackpot. A lot of their income is based on tips. The customer then thinks they won because the slot attendant pointed them too the machine originally. Did the slot attendant give me money last week when I lost money?

The debate on whether you should tip your slot attendant or not rages on. They can get you paid out faster, and they will let the cocktail waitresses know that you tip so your drinks will come more often without waiting.

Most slot attendants will tend to be courteous, even if you do no tip them

Sports Betting Arbitrage – Win Every Time You Bet

This is

also the reason that it’s perfectly legal to profit from them,

why they can never be closed down and why the opportunities will

continue to grow explosively over the next few decades.

<< Back to “Recreation And Sports” Index

Well the internet has thrown up a once-in-a-generation

opportunity for just about anyone with an internet connection and

PC to make heaps of cash every day by doing exactly the same

thing. I

mean “free money” is pretty much what we’re talking about right?

It’s all a scam isn’t it because we all know there is no such

thing? Well actually no – stick around for a few minutes and I’ll

prove to you without a shadow of doubt that not only is this

“secret” (actually it’s an investment technique) very genuine,

but a lot of individuals are using it to make tens, hundreds and

even thousands of dollars/pounds/yen etc…every single day.

1. Can you see

how this is guaranteed and risk free money? Absolutely anyone,

if they knew about this could have made 3.58%, totally risk free

on an amount of however much money they wanted to invest.

About The Author

It could change your life!

The fact is this information is priceless and is unheard of by

most investors, let alone the general public. Most of these bets take

under 5 minutes to place online, and after the sporting event has

finished you simply collect your profits and move on to the next

arbitrage opportunity.

3. How much is that actually worth? I’m not

sure I can even put a dollar value on it.

It’s so simple that even a seven year old could understand it.

There are literally thousands of these “Profit Loopholes” every

single day, each paying between 3% & 90% on your investment -

100% risk free & guaranteed!

Get more information at http://rayzee.co.uk

We’re now getting to the real interesting part. The key to the huge and regular arbitrage

profits you’re going to be making by tonight is this – “there are

huge differences in the opinions of bookmakers over the world,

leading to a huge difference in how they price the same sporting

event.”

At 2/5 the total amount to invest in Davenport to return $100 was

$71.42. What you will need is a

PC and internet connection and of course my powerful package

which shows you step by step how to start earning immediately

with sports betting arbitrage – and gives you a powerful website

which spoon feeds you the best daily arbitrages – in real time.

You can also do this from anywhere in the world, right from the

comfort of your own home.

Rayzee has had an Internet presence since 1996 and specialises in

thinking “outside of the box”. It is not trading. It is the power of

the internet that has brought this to your attention. Before continuing let me make one

thing absolutely clear – this is in no way a form of betting or

gambling. At 3/1 the total amount to invest in Clijsters to return

$100 was $25.

But it gets even better you see, because this simple but money

generating technique can never be monitored or regulated. But the best thing

is that not only is it 100% legal – but it can never be stopped

and the number of opportunities that exist everyday are growing

with the internet. A return of 3.58% within

under 2 hours (this is a very conservative example). The second is that you cannot possibly ever lose

using the almost embarrassingly easy one-step technique that

you’re going to discover.

The simple little method that you’re going to learn about is

called “sports betting arbitrage” – an explosively profitable

internet loophole that can be used by absolutely anyone with an

internet connection & PC to make anywhere from tens of dollars to

several hundred dollars a day. This is not gambling. It is NOT betting.

2. Isn’t it better to use this amazing technique now

rather than later?

This article was posted on March 24, 2006

Hopefully you are now starting to understand the potential of

arbitrage trading. It’s

not even investing strictly speaking because with all of these

things it’s possible that you can make a loss – but with sports

arbitrage there is no possible chance of you ever losing – you

know the exact profit you are going to make before the sporting

event even kicks off. I

went with the above example because it is the lowest paying kind

of arbitrage opportunity – I wanted to be conservative – but

there are numerous arbitrage opportunities paying out 3%, 15%,

20% and more every single day.

There is simply nothing else like it in the world – we already

know that the arbitrage technique has been used by banks and

global traders for centuries – that’s great for them – but what

about you?

Now I’m going to prove it!

Did you know that there are now several thousands of online

bookmakers all over the world? Everyday, in every country more

and more continue to spring up (because lets face it betting is a

huge industry with bookmakers keen to take the money of millions

of hungry gamblers). You can

even do this from your beach house while sipping on a martini and

enjoying the cool sea breeze on your face.

Kind regards,

. It is the

power of the internet that also gives you the chance to use

arbitrage every day to make a lot of money with just a few clicks

of the mouse.

This is exactly how arbitrage opportunities are born. That’s quite a claim but from the

actual proof that you’re going to read below you’ll see why this

is no exaggeration – there are literally hundreds of

opportunities every single day for you to apply this technique

and make as much free cash as you want. It can

never be closed down (you’ll see exactly why in a minute) and as

the internet grows (believe me, we’ve only seen the very tip of

the internet iceberg to now) the opportunities to earn sure,

risk-free money from this simple strategy will multiply by

hundreds of times. With this Sports Betting

Arbitrage Package you’ll learn how to:

Ray Fearnley

You Are About To Discover How To Get A Risk Free Return Of

Between 3% and 90% In Just 2 Hours. I have just

shared with you an incredibly powerful formula to tap into a

huge stream of wealth whenever you like – every single day. Make money from day one with no requirement of any prior

knowledge or further reading. Make no mistake, there are people just like you who are

making a huge monthly income (others use it as a nice little

stress free, part time earner) from this wonderful little

concept. http://rayzee.co.uk

Perhaps you’re concerned that it’s not legal? Let me assure you,

this simple little method is perfectly legal – in fact huge

investment banks listed in the stock exchanges that you probably

own shares in use this exact same method every single day to

sweep in millions of dollars for themselves. Let me repeat this – you will be placing

sports bets in such a way that no matter what the outcome, you

are guaranteed to profit, because you will be betting on all

possible outcomes with different bookmakers so that no matter the

result, you will get a guaranteed and risk free profit.

Thanks for taking a few minutes to read this letter – you must be

quite curious right about now, but I bet very suspicious too.

Are you ready now to learn and apply this incredibly simple

technique to start earning money every day? Remember that you

need no specialist knowledge on anything. That’s very good news for us and I’ll explain

more on this shortly.

This explosively profitable little known secret that has been

used by banks for centuries is now available to you thanks to the

power of the Internet!

Now 3.58% may seem like a small return but remember that it was

totally certain, risk free, took only 2 hours to achieve and

there was never a possibility of ever losing the money or not

getting the profit. You

need no knowledge of any sporting events at all – you’re

effectively discovering how you can bet on both sides of a

sporting event so no matter who wins, you’re guaranteed a

definite fixed return on your investment.

I have put together a package so you could actually be enjoying

your first profits in just a few hours from now because you’ll

actually receive free lifetime access to a website that gives a

list of all available arbitrage opportunities everyday, and in

realtime! This is a bonus that is almost priceless because it

will help you harvest incredible profits every single day – for

the rest of your life. Before continuing

to read just remember two things. It’s not only so simple that a

child could understand, but it’s 100% legitimate and tax free

(although please remember tax laws vary from country to country

and over time.)

Before moving on are you worried that just because “arbitrage” is

used by financial institutions that it will be somehow complex,

difficult or require mathematical or specialist knowledge of

some kind? Well let me tell you that this technique is so

outrageously simple that even a 7 year old could understand it

and use the one-step technique you’re about to learn to make

piles of cash – from day one. Again And Again -

Guaranteed!

Does it surprise you that some people actually do this full time?

It’s their work-from-home “J-O-B”! Wouldn’t it be nice to earn a

living just by logging onto a couple of bookmakers, placing a

few “sure bets” and walking away a few hours later with a

guaranteed profit? You see, with sports arbitrage you’re taking

advantage of the price differences that exist by betting on

opposite sides of the same sporting event – so no matter who

wins/loses/draws, you are guaranteed to come away with a risk

free and guaranteed profit – every single time.

During Wimbledon 2001 the ladies singles match between Lindsay

Davenport and Kim Clijsters was priced differently by bookies

Victor Chandler and Tote. Use this incredible but simple investment technique to earn

money for you everyday for as long as the internet is around,

regardless of the economic climate or where you happen to live.

You can use this method in the USA, UK, Australia, Asia,

Europe…anywhere with an internet connection and PC. Apply the knowledge of arbitrage to hundreds of sporting

events to make money, completely risk free and guaranteed. As the number of online

bookies has seriously increased over the last couple of years so

the number of highly profitable arbitrage opportunities have

exploded. Arbitrage is zero risk and

guaranteed profits – it is a high paying, very short term (a

couple of hours) investment that will ALWAYS result in you

walking away with a certain profit. He believes the Internet gives

ordinary people the opportunity to make extra-ordinary income

working from home. It was a mathematical certainty. Can you think of any

other method in the world that offers such a return?

You stumble across knowledge such as this perhaps once in a

lifetime which, if applied, will give you an excellent daily

income for life with minimal effort – this, like arbitrage itself

is simply a mathematical certainty. Betting is a very risky thing to do – sure a handful of

few people may win at it but on the whole most people will

always lose in the long term. Victor Chandler saw Davenport to win at

odds of 2/5 while Tote saw Clijsters at 3/1.

It is not betting or investing – it is a mathematical certainty

brought about by the internet that you can use to make free money

everyday – for the rest of your life. As you read on you’re going to

discover rock-solid proof, not only on exactly how well this

perfectly simple technique works, but also how it has the

potential to effortlessly make you a lot of money, everyday, for

just a few minutes of work.

You’re going to be applying the concept of arbitrage to the world

of online sports betting. I said earlier that there is nothing else quite like it

in the world – that’s because this loophole/internet opportunity

(call it what you like) is the only investment technique I have

ever seen that makes a guaranteed, risk free profit in a few

hours time without any chance of a loss. You will literally be able to switch on your

PC, visit a website that shows you today’s guaranteed returns,

place your guaranteed risk free investment and collect your

profits a couple of hours later.

Sports Betting Arbitrage – Win Every Time You Bet

 by: Ray Fearnley

Rayzee.

So what about the guaranteed returns that you can expect on each

investment? Well in general arbitrage opportunities will usually

return anywhere between 3% and 15% on your investment (this is

just a general guide however – arbitrage opportunities that pay

30%, 70% or even over 100% do exist and you will come by them

sometimes – just not very often).

As we saw above there are so many opportunities that come up it

would be impossible to invest in all of them – the strategy is

obviously to cherry pick the highest paying ones every day.

This means that the total investment required to return $100 -

whichever player wins – is just $96.42. First, you need absolutely no

knowledge either of investment arbitrage or sporting events to

make a certain, 100% guaranteed profit every day with this simple

technique

Casino-Gaming :: How Safe is Online Casino Gambling?

There are some groups dedicated to making sure that online casinos are safe. Many players are hesitant to put money into an online casino because they are concerned that they will not get paid when they win or that the games are rigged and they will lose their money. However there are those websites that are set up to scam players from their money and that’s where online casinos guidelines for safe gambling come into play. They want to know if the games are honest and if their money will be safe. Your credit card is fully safe with the online casino you can be sure that your personal details stay with the casino for you to authorize deposits into your casino balance and most online casinos even use higher level encryption than your bank..

The first on the list of online casinos guidelines for safe gambling is ensure that the online casino you wish to play at has a valid license and you can do that by simply checking the websites that post reviews and ratings of the online casino.

Every player should choose sites which can provide them maximum protection against hacks and other breaks in security.

Online casinos are created and operated in such a way that it has won over the trust of millions of players the world over. The safety of playing should be guaranteed from the first deposit of money to the final withdrawal of cash. Having multiple revenue streams, giving them more incentive to stay honest and making it more likely that they will stay profitable. While some online casinos offer even higher payout percentages on their online slot machine games others publish payout percentage audits on their websites usually approved by a third party accounting group approving that the online casino is using an honest programmed random number generator (RNG) which eventually makes the online casinos even reputable at some points over the land based traditional casinos. If a casino is verified by such a group there will be a link to them on the website of the safe casino Such groups include the Kahnawake Gaming Commission and the Interactive Gaming Council.

When you gamble in an online casino the only one in reach of your pockets is anyone you let into your own front door. There are a lot of other options out there.

Moreover, online casinos that have a number of different gaming avenues tend to be safer.

However, if you’re not sure about how safe a casino is, try doing some online research to see what others say. Today, a casino guide to identify safe online casino sites is much needed by all gamblers. Through this useful casino guide, one can play with much safety in a gambling site. Be careful of online casinos that have outrageously high bonus offers or that have only been around and in the long run, if you’re not comfortable with a certain casino, don’t use it.

Safety is the pre-eminent concern that players have about online gambling. Online casinos usually offer odds and payout percentages that are almost the same as land-based casinos

Mitt Romney’s NCAA Bracket Is Ridiculously Good

Romney was just that confident about this year’s picks.

But humbling as it may be, Romney’s NCAA tournament bracket this year is almost certainly better than yours.

Romney attended the final game in Indianapolis and tweeted shortly after its conclusion. “I’m not plugged in well enough this year to do that,” a deferential Romney said at the time.

CORRECTION: Romney picked six of the Elite Eight teams correctly, not all eight as originally stated.

Out of 11.57 million brackets filled out in ESPN.com’s Tournament Challenge, Romney is in 25,485th place — good enough for the 99.98th percentile. By contrast, the famously basketball-savvy President Barack Obama sits all the way back in 6,918,578th place (the 40th percentile).

UPDATE: After correctly picking Duke to beat Wisconsin in Monday night’s final game, Mitt Romney’s NCAA tournament bracket now stands in 6,326th place out of 11.57 million submissions entered in ESPN.com’s Tournament Challenge.

Romney picked six of the Elite Eight teams correctly, as well as the Final Four and the final game between Duke and the University of Wisconsin, which Romney plans to attend on Monday night (he was also on hand at the Final Four games on Saturday night).

How strong?

Known for his success in many facets of life, no one has ever accused Mitt Romney of being a college basketball expert.. This year, apparently, he was plugged in well enough.

And in a dramatic show of confidence, he filled out just one bracket and did not even pick a final score for the title game — a metric that is used to settle tiebreakers. Romney picked Duke to win it all.

romney bracket

Romney’s 2015 March triumph comes three years after he declined to fill out a bracket in the midst of the 2012 campaign. A Romney source passed along the former Massachusetts governor’s 2015 bracket, and it is in astoundingly strong shape.

And sorry, Badgers fans