I am following English premier League and Australia A league. 80-85% matches 1st half Happen corner over 3.5 that's odds 1.32-1.40 . So anyone wants to safe betting then you can bet there. Not all matches. Select for a team like Manchester United. If Manchester United and it's partner fail to cover 3.5 corner in 1st half in a match then the next match stake high between Manchester United Vs opponent team. That's the simple tricks. This tips dose not work for 100%, so bet your own risk.
Not going to happen. Sportsbetting markets are efficient so there is virtually no long term exploitable pattern for sportsbettors to be able to take advantage of. Unless you have extensive backtesting/insider info/arbitrage opportunities. Your EV, at the end of the day, is likely still going to be negative regardless of how many times you do this - or how many times you have won in the past. This is true, while there may be small anomalies that pop up there is unlikely to be any advantage you can get from established bookmakers in the long term.You might win 10 games in a row using this strategy and think it pays off - only to have all your victories reset by the statistical average reverting causing 4 losses in a row. Bookmakers add a certain margin to each bet which gives them a buffer, so while the actual bet before this margin might be 1.2, the bookmaker will bump it to 1.3 or 1.4 to make sure that they have enough margin for error over a wide range of bets that they accept. No bookmaker will last for long if they were leaking money and they are always adjusting their strategy behind the scenes to cope with things like this. |
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Unfortunately with the current projection of things, the pay from that job that you have spent most years in school preparing for and trying to get may soon not be able to sustain you economically in the near future. Also, that dream job/career that you are working and hoping so hard to get may soon become an obsolete profession due to the change and evolution in technology and ways of doing things.
My opinion on the way forward?
-Upgrade your mindset and break free from the old mentality of "Finish School, Get a Job, and work yourself for a paycheck to retirement". If you have a great job, and it is what you love, I'm not against it, but for the sake of the future...you must arm yourself with knowledge and learn a high paying skill that has future prospectives if possible.
If it is possible for you to have multiple high paying skills, that is good, the problem is in not having any.
You make some good points about jobs that will do well in future and anyone younger should be taking note - although trade skills like electrician / plumber are also skilled jobs that will be around for a while longer and pay very well in the modern world. Honestly, it is possible to succeed when on an average wage if you learn as much as possible about finances. If you are able to put away a consistent and reasonable amount into a diversified global index accumulation fund starting in your early twenties, you can have a very comfortable retirement that doesn't rely on any state handouts. They might teach basic skills in school, but this is one field you should read up on and learn as much about as possible. |
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Let's dedicate a little time to see the last decade headlines on gambling and business (or rather the business of gambling): https://medium.com/@visualmodo/online-gambling-history-18caa7ec7758Some headlines: - Online sports betting sites come to live in the middle of 90s. These have evolved massively (online poker did not even have graphics at first). - Regulations on gambling are clarified and old laws reinterpreted The Wire Act prohibits the electronic transmission of information for sports betting, but a 2002 ruling crucially ruled that “in plain language” it does not prohibit internet gambling on a game of chance - In 2019, Disney generated around 55B. The gambling industry 59B. Gambling industry is on the move in the last years. Legalisation across Europe and USA has forged new empires, online gaming has received all the positive impacts from COVID confinements and it seems that is going to be plenty of consolidation in the future. What is your personal bet on the next big events in the betting industry? What with the way Covid is separating people and forcing more things to take place online, I would guess that virtual reality is going to become much bigger in future. You've got this meta thing by Facebook which is aiming for a world like that, but I hope other companies besides the existing social network parasites are able to develop something like this. Decentralized gambling would also be good, it'll take a lot of risk out of the establishment not paying for any reason and also give the players nobody to point blame at except themselves if they lose. The house commission could be lowered and most of the fees would go to the miners who keep the cryptocurrency or smart contract system moving. |
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According to this, the issue isn't overprinting of fiat currency or inflation. The issue is corporations raising prices to enlarge profit margins. They cite market centralization in some industries as a culprit and suggest anti trust laws against monopolies as the ideal method to break up unethical monopolies and encourage decentralization of the economy. There is another angle mentioned where centralized markets are accused of potential price fixing, which could set the stage for a future proposal of government price controls, gradual shift to a planned economy or stronger state nationalization of the private sector at a later date.
There is a strong precedent for many of these trends occurring in countries outside the united states recently. Does anyone know which nations followed similar trends and what the eventual results were? Is inflation on the part of the state responsible for negative financial and economic issues, or do corporations and the private sector bear the burden of the blame? I hope we can collectively figure out answers to these questions, and determine how to address them before they become too large and devastating to be prevented. The clock is ticking and time is not on our side, unfortunately.
The US corporate structure is set up to squeeze as much out of customers as possible in order to hand it over to shareholders. Management who do not pursue this line of reasoning are quickly replaced in most companies. It is inevitable that costs will rise and have to be factored into the costs of products - for example if you are a bottled drinks manufacturer and the price of plastic goes up, you have two options: 1) eat the cost which results in lower profits 2) pass the cost on to consumers. They might take option 1 for a little while but option 2 becomes inevitable over time. It actually makes sense, if you think inflation keeps rising, to tack a little extra on the top so you don't have to raise prices further so soon in future. |
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There are a lot of casinos coming here everyday and most of them are really not worth to try in my opinion. I have been active in the gambling section for the last few months, possibly for the last year. I have observed many sites but didn’t find a lot of good projects. Only a few were worthy to check out and play. What do you do? Join and try your luck on the new casino or join only if you see them lasting for long?
Anyone who is checking out every new casino is going to lose a lot of money over time. It takes a lot of effort to run any website and a casino is probably one of the toughest out there. What you might tend to find is the successful online casinos are backed by some already wealthy people who can take a few short term hits while they learn and adapt. However lots of people might attempt to set them up who do not have the resources to properly defend against attacks or pay off huge bets that a customer takes against the house, which can effectively bankrupt them. These casinos will be under relentless attacks, both to steal funds and customer documents, so you better be very careful where you place your money. That's besides the many scams that pop up who never intend to pay back customers. Much better to stick with established casinos when there are so many around. |
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The St. Regis Bahia Beach Resort in Puerto Rico boasts a golf course and oceanfront residences in a 483-acre nature reserve, set along azure waters and lush rainforest. But what’s perhaps most appealing to those who are now rushing to this property is the section on its website explaining tax benefits for island residents.
That was the case for Anthony Emtman, who left Los Angeles behind and bought a condo at the resort in March. The chief executive officer of Ikigai Asset Management is now a part of a burgeoning crypto community along Puerto Rico’s north shore, where the tropical weather is just a bonus.
Emtman and his crypto peers are taking a page out of hedge funds’ books and seeking residence on the island to reap huge tax savings. High-earning investors in the U.S. pay up to 20% in capital gains tax and as much as 37% on short-term gains. In Puerto Rico, they pay nothing. And companies based on the American mainland pay 21% in federal corporate tax plus an individual state tax, compared to just 4% on the island. That makes the move a no-brainer for some investors, especially as the crypto market’s meteoric growth continues and Democrats push for higher taxes on the rich.
The presence of digital currency enthusiasts is already palpable on the small island, where chance encounters and networking opportunities abound: Run-ins at taco stands; spontaneous drinks and dinner at luxury condos; “Crypto Mondays” gatherings at hotels and restaurants across San Juan.
Crypto funds Pantera Capital and Redwood City Ventures are among those that have established offices on the island. Facebook product manager-turned-whistleblower Frances Haugen recently told the New York Times she's living in Puerto Rico in part to be with her “crypto friends.” New York City’s mayor-elect, Eric Adams, even flew there in November with crypto-billionaire Brock Pierce for dinner with Puerto Rico’s Governor Pedro Pierluisi.
Now, “it’s not just, ‘Move to Puerto Rico to save tax,’” said Giovanni Mendez, a corporate and tax attorney advising those who relocate. “It’s, ‘Move to Puerto Rico because everybody is there.’”
The Puerto Rican government created the tax breaks in 2012 with the hopes of infusing the island’s struggling economy with cash and diversifying its job pool. Hedge funds gradually began seeking a toehold on the island, but what’s really supercharged the flurry of arrivals is the pandemic — which drove a shift away from big cities and popularized remote work — and the recent explosion in crypto markets.
-snip-
It's an interesting read but from what I understand any US citizen will be paying taxes on their global income regardless of where they are based? I guess this just means what people are prepared to pay on top of their US tax obligations to live in another country? Once you get to that level of rich where you're managing your multiple millions, then your country of residence becomes rather flexible. They might have an official home residence in this country, but spend much of the year travelling around whatever destinations they choose - a flag of convenience in nautical terms. No matter how many acres this millionaires playground is, the rest of the country cannot serve their luxurious needs indefinitely. |
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Once again Elon Musk is in the news in relation to bitcoin/cryptocurrency and once again he’s proving he’s full of shit. Personally I can’t figure out if he’s just that ignorant when it comes to cryptocurrency, because he has said a whole lot of stupid stuff in relation to it, or if it’s just manipulation, which we all know he’s very good at. Overall I think it’s a mix. I believe he likes the Proof of Stake aspect being that it gives the largest wallets an advantage. Which is exactly what he’s arguing against here..oh the irony. What are your thoughts? Think you know Elon? Maybe not as much as you think .. https://youtu.be/c-FGwDDc-s8I'm no fan of Elon, but just because he talks up Dogecoin does not mean he is disparaging Bitcoin. He is free to choose whatever cryptocurrency he prefers and in reality Dogecoin does have a much more prosperous future. I doubt even Satoshi would want the world to be stuck in the "Bitcoin is the only way" mentality that some people around here seem to believe. Decentralized currency is a very powerful thing, but the first iterations of anything are usually full or flaws and weaknesses. Bitcoin has held up fairly well and that is great for modelling the concept, but there are still many ways it can be improved - which may be taken up by others. 21 million coins is a rather huge limitation when it comes to global commerce, no matter how many decimal places you might have. |
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My friend open a corporation in seyschelles. He is the main beneficiary of the corporation.
I wonder do Binance reports account holders to seyschelles authority or other authorities?
The corporation is in seyschelles.
Anyone get charged because binance report users?
How likely binance report their users to foreign tax authorities?
If this is out of topic, what forum this should go to.
If your friend truly wants to sleep easy at night then they are better off just declaring their assets and paying the relevant taxes on them, even if it does eat up a sizable chunk. Binance is likely to follow the path of Coinbase in aiming to eventually get listed on a big stock exchange, after they've finished squeezing their customers to the extreme in fees. Once that happens they will be under the spotlight and likely receive all sorts of regulatory requirements such as declaring who owns what. Most big economic countries will also be able to force Binance to declare any account holders from their country or otherwise ban them from operating in that jurisdiction, so they will likely hand over that information and may even do so retroactively. Places like the Seychelles offer some protection to the owners, but these supposed tax havens have folded like paper when large pressure is applied. |
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If any country do the fud it means regulations and ban.
Its a fud and fud is market manipulation.
Its fraud against other traders.
Fud is fraud fudsters will make price go down to buy cheaper to sell others higher.
Russia china and india are 3 countries now whos suspected of fud.
How the goverment can ban or place over you any regulations if those rules and regulations are only for profit for their own profit their own people its a corruption on highest level.
Any fud and regulations are fud and fud is made for market manipulation by constitution those who get involved in this they are involved in market manipulation.
Why do they show to us like they really protect people rights and do good things?
If its pure fraud to just manipulate markets are those country heads who make markets down will refund to those traders who are outside of those countries ?
Btc is most manipulated asset and shows that only those who are in power can do others whatever they want not by motivation of justice or order but only for their own gain.
Unfortunately regulators in countries like the USA or places in Europe are not beholden to cryptocurrency owners. They are free to create new laws as they see fit for the benefit of their citizens. If the new laws, or discussion of new laws, moves markets then that is somewhat irrelevant. The regulators themselves need to be monitored to make sure they're not profiting due to corruption from such announcements, but outside of that it is not and should not be their concern as to whether an asset may fall or rise based on their decision. If they decided to restrict a certain asset in future and they had research saying that longer term it would protect more people after short term suffering, then that is what they should do. |
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Based on rough analysis, it can be observed that gambling activity has increased when you compare the present and the past say a year before. Do we now have more gamblers because gambling is now possible online, made more easy and people can stay anonymous while gambling, or as a result of more persons getting to know about gambling? Has the harsh economic situation of some countries indirectly promoted gambling, turning more of its citizens to gamble in search of money?
What is your opinion on the increasing number of gamblers?
Many people look at short term variations and fail to make the simplest connections - Covid has turned the world upside down in the last couple years which has meant people in places like the US can be sat at home, still earning a salary and unable to spend any money at their usual retail locations. All that pent up energy is being directed towards online outlets and casinos have been a big benefactor of that. I think you have it backwards, far from having a harsh economic situation, many people have retained their income. Gambling has never been a reliable source of income, so only a fool thinks that they can make money from it in the long run and they soon learn that lesson the hard way. |
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We appear to lack complete savings data for 2021. Charts above indicate massive $1.6 trillion in savings for 2020 followed by a dip.
The author of the piece says "everything recovered in 2021" with consumers having no need to emergency binge save anymore.
Wouldn't it be so much better if consumers bought up inflation protected assets, rather than placing their savings in low interest rate accounts for that period. Bitcoin's value grew dramatically in 2021. Could a portion of that growth be attributed to consumers and retail investors placing savings in bitcoin, gold or silver?
Curious to know if anyone feels the economy made a complete recovery in 2021. Are we back to normal?
It's actually a good thing and long may it continue into the future. Modern society in most of the USA and North America pushes consumer debt far too hard, allowing people to borrow all sorts of things on credit. Saving for a "rainy day" is often looked down on and investing has never been more accessible yet is not pursued by many. Having backup funds can offer great peace in your life instead of spending every cent you get. The general reason for this massive savings glut is fear of job losses but also because many big ticket items have been put off - either because the products are unavailable (like high end electronics consoles due to chip shortages) or people buying new cars as factories were shut down right after Covid. It might be a few years before people start spending again but hopefully some of this savings culture continues longer term as it is a good trait to hold. |
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Time and again we have heard numerous arguments from economists and the government regarding the pros and cons of legalization of the Gambling industry, let us discuss some of them here.
{This does not exclude the cons as well, but let's discuss about the pros here}
What can legalization do for the economy?
- It can definately help the government with high tax revenues which is never Outlooked and this can help with overall economic development of any country for that matters.
- It can help in Job creation as well, since it's a big industry and people would be more engaged
- It can reduce the need for illegal gambling which means they won't have to use illegal methods or whatsoever
- Gambling cannot be controlled, at the end of the day people would find a way therefore it's best if it's regulated by the governmental bodies
There can be other social benefits during the time of Covid where people have to supposedly entertain themselves at their own homes and they won't have to visit casinos in person.
What else do you think could be the benefits ??
One of the greatest examples of legalizing such things is the era of alcohol prohibition a long time ago in America - it just ends up driving the trade underground and increasing the costs for an activity that any responsible adult should be able to choose. I think the war on drugs in another big example, although some of the harder drugs do need some restricting (or education), because it absolutely fails and wastes billions of taxpayer money year after year. If that money were put into programs which could support people who have a drug problem or the reasons that might lead someone to do drugs (or gamble) then it would be a problem that cleaned up itself. At least many states in the US are starting to wake up to this fact and slowly starting to raise money in taxes instead of pushing gamblers elsewhere. |
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People always say that Bitcoin is the digital money that will take over soon as the world is digitalized,but they have not understand something, It may not be easy as we think due to some delays in confirmation of transactions,It will be a good development to the whole world, but how do we perfect this and make it handled and easy as a physical money? Bitcoin has actually come to stay an let make it perfect and make it easy for everyone to use, through the digital. Yes I agree that Bitcoin is future currency, but let it be easy to use ?
I think it's bad form to say that Bitcoin is perfect and it can be improved in numerous ways. It's like saying the internet was perfect shortly after it came out, yet we've seen it evolve and transform to produce many more miraculous things. I doubt Satoshi would have wanted people to stop developing the blockchain idea at this first iteration and it's great that other cryptocurrencies are developing novel new ideas based on the same core concept - a transparent link of all transactions allowing you to trace every coin ever creating (stopping "counterfeits" entering the supply) in a decentralized manner. If the energy usage can be lowered below existing payment networks and the speed can be almost instant, then it would be much closer to perfect. |
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What struck me most about this news is the threat of diplomatic sanctions. A territory that has been considered a tax haven until very recently, and now because it wants to become a cryptocurrency hub is threatened with sanctions. Wanting to become a major center for cryptocurrencies will not be an easy task but I would not be surprised if they succeed, threats aside, as they did manage to concentrate the headquarters of European online gambling sites.
Do you think this threat of sanctions will have any effect? I don't think so.
And do you think Gibraltar will become an important center for cryptocurrencies? I think so.
It's inevitable that small countries like these will aim to become virtual hubs for businesses - they are limited by land space but the internet gives them huge abilities because they have such a concentrated & highly educated work force to utilize. Newspapers tend to overhype the situation because while the UK (and practically every European country) has warned people about investing in Bitcoin, they have never mentioned banning it. I'm not sure why you conflate it with the Chinese ban in the same sentence, they are worlds apart. You seem to mix up examples on extreme ends of the spectrum so casually and it makes it hard to understand your arguments. Gibraltar will be able to serve a niche in this sector, the government may even encourage it, but it's not wholly down to the interest of one crypto company who might take over their small stock exchange. |
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Let's dedicate a little time to see the last decade headlines on gambling and business (or rather the business of gambling): https://medium.com/@visualmodo/online-gambling-history-18caa7ec7758Some headlines: - Online sports betting sites come to live in the middle of 90s. These have evolved massively (online poker did not even have graphics at first). - Regulations on gambling are clarified and old laws reinterpreted The Wire Act prohibits the electronic transmission of information for sports betting, but a 2002 ruling crucially ruled that “in plain language” it does not prohibit internet gambling on a game of chance - In 2019, Disney generated around 55B. The gambling industry 59B. Gambling industry is on the move in the last years. Legalisation across Europe and USA has forged new empires, online gaming has received all the positive impacts from COVID confinements and it seems that is going to be plenty of consolidation in the future. What is your personal bet on the next big events in the betting industry? I think we're already seeing it happen in the background right now and it's more to do with the USA - a naturally rich market that generates large profits for casinos. Many states are changing their stance on gambling, including some of the most prominent like New York. They're coming up with limited new licensing restrictions and taking the stance that it should be legal but heavily taxed on the corporate side. It makes sense really because historically all the money has just flown into Las Vegas and funded the state of Nevada. It's going to happen either way but like the legalization of Cannabis, eventually we might see normalized gambling regulations for the whole country. |
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I do not believe in the dramas of those countries, which constantly talk about the approval and suspension of cryptocurrency. Gives different negative news at different times. In fact, they want to dominate the cryptocurrency industry.
It is necessary to approve the beating but it is different.
So according to them many traders follow them in panic. I think cryptocurrency should be trusted for trade. So that a trader can make a profit at some point. To trade with cryptocurrencies, it is best not to listen to this negative news. Because it is possible to get benefits if you have more patience. Post your valuable comments.
Drama as you call it feeds into the volatility of Bitcoin and can actually be useful for committed buyers over the medium term. Every time there is a whisper that bigger countries will ban it, that pushes the price down but so far it has generally trended upwards - so if you hold some spare cash and buy during those times you can easily make money. Over time the volatility of Bitcoin has actually been falling, so drama is having less effect on the price than it once did. You speak about it being trusted for trade - it definitely is used for that purpose on a small scale, but most people these days are buying into it as a speculative asset to sit and "hodl" long term, which undermines its usage as a currency. |
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I don't know if this topic has been discussed before but I will like to know and share knowledge on the dangers of online gambling addiction as we have seen many horrible incidents that result from the action of gambling addiction.
Some go as far as selling the residence apartment just to gamble away, what really leads to this is greed or lack of discipline?
Addiction in any form can often be devastating because it often gets out of control. There are addictions that can be kept in check at a low level, but it's easy to let slip and have it balloon into something much more damaging. Sadly such addictions can often affect the people with the least money and will make the fight back even harder as it can lead into a spiral of depression where they try to gamble more in order to get out of debt. The only way to stop this sort of thing is education at an early age, really hammering home the fact that casinos make such huge profits because it is so drastically rigged against the players over the long term and the mathematical odds of beating it mean it's pretty much impossible. |
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So Thriller hosted a "Boxing vs MMA" event which "merged" rules. However, anyone with half a brain can see how it's clearly rigged in favor of boxing. Most of MMA boxing isn't even allowed like spinning backfists. From a gambling perspective, I bet on team Boxing since... well it's just boxing in a tringle. But even through all this BS the MMA team still won 14-11. What should I take into consideration when betting on future events? Does the triangle shape matter that much?
As most other people have pointed out, this triangle shape severely limits movement compared to a square ring - so a boxer who moves around a lot will be at a severe disadvantage. MMA fighters who move in quick and are happy to engage in grappling will be able to lock on to their opponent more quickly. It seems slightly boring and not as entertaining as other more square or circular shape rings really, I cannot see it taking off in the long term with boxers most likely avoiding it. Definitely worth a test but just the top down view has an unappealing vibe to it, this one is definitely going to be resigned to "special" matches or maybe just used by specific close combat sports that are not boxing. |
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Hello all,
Some background. My project involves a deep dive into the economics of insurance. And suggest answers (=a whole new mechanism)...
What could be truly disrupted in the insurance industry?
Would a DAO be the solution?
What is your view of the insurance industry )agents, brokers, various middlemen, insurance companies, reinsurance companies, regulators)?
We all know they are super slow. Slow to pay claims. Slow to embrace technology. Slow for everything.
But do you trust the industry? It would nice if you provide the context such as "I have a life insurance policy"
Who do you trust? Why? If a DAO was well organized, funded, and solid would you trust them more than an insurance company?
Have you ever thought about where the money comes from? Would you be interested in being part of a group of backers (= providing a form of insurance).
Don't forget that a high level insurance is just a gamble. Lloyds in London is famous for that. Based on limited information they will say whether they will insure your project (oils rig, terrorist attack, or the fingers of a famous pianist) and at what price. They may impose restrictions as well: for example ships can't go in certain geographic areas (example offshore of Somalia).
Would you prefer to deal with an adjuster and a bunch of experts or would you prefer a simple smart contract?
I would really appreciate feedback from the group. Thank you,
You should really narrow down your conversation because it is far too vague and open. Of course insurance is a good idea, the only people who don't need insurance are people who could cover the costs of a catastrophe without it affecting them too much. In a hypothetical situation, if you're a millionaire and own a piece of Jewelry that costs $1 million but $100k each year to insure - then you might not bother with such a cost on the small chance something happens to it you can just replace it. If you're an average person and don't insure your house in event of a fire, you could lose everything that you've been working for your whole life. Most of the stuff you mention like reinsurance and regulators are totally irrelevant to the interaction that an average consumer will have. |
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Lots of users from this forum have come up with one complaint or the other on how their deposits were withheld by gambling sites after going on self-exclusions, but I confusion why should a user go ahead to make deposits or request for withdrawal after accounts are banned or are its part of the rules of gambling sites to allow for withdrawal from ban account.
In this situation who is to blame the gambling site or the player?
It can be hard to understand if you've never had experience with an addiction before, the powerful grasp it can have over you and the tricks that it will play on your mind. It can be all consuming and drive how you live your life day to day. When you are in that state it can be a case of chasing the next fix, much like powerful drug addictions, because it restructures you brain in order to want the dopamine rush from that activity. That is why self exclusion tools can be a great help to a gambler and should be offered (in an effective way, like 6 months non-reversible minimum time limit) by every casino or sportsbook. It's all about breaking the habit short term so you can learn how to live normally and responsibly yet again because often times people can get attached to one particular site - so blocking access to it can help regain control. |
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