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  • Casual Articles - Securing Risk-free Arbitrages on Betting Exchanges

    Governance vs. Adding Value - The Role of the Board of Directors
    Q. What's the biggest complaint CEO's have about their Boards? A. "The Board is a waste of time - it doesn't add any value."Q. What's the biggest complaint Board members have about their Boards? A. "This Board feels like a waste of time - it doesn't feel like we're adding any value."Q. What's going on here? A. Who said the role of the Board is to add value?It's not - at least not in the context of masterminding the next I-Pod or the next strategy for outsourcing production to India. That's up to the management team.The role of the Board is to govern - some Boards are even called Boards of 'Governors'. There are 5 key elements of governing effectively: ensuring that the organization has the right CEO ensuring tha
    e into account the exchanges commission which will be deducted from winning bets - there is a very good, and completely free arbitrage calculator available here.

    But how can we tell which direction the odds are going to shift in order to secure the arbitrage?

    There are various methods for doing this:

    1. Who do the top tipsters predict will win the race?

    It is incre

    Do We Have to Live in the USA?
    I have been getting just a mite "ticked of " recently at many of the web sites who are offering certain "freebies" or "special deals" at the end of their sites.After you read through all the verbage and get down to the meat of the advertising, you often find that a site will lure you in by offering all sorts of "goodies" that you can have access to. When you finish signing up for all of these wonderful " add ons" and go to submit your application, you will find that many of them are available to US citizens only.I take exception to this, I don't live in the US and I fail to see that if these companies are advertising their goods or services on the world wide web, why am I excluded? After all, it is the WORLD WIDE WEB It makes me feel like a second class citizen, that I do not deserve my "freebies" even although my money is good enough for
    Most people have now become familiar with the concept of arbitrages, and the opportunities which betting exchanges create in order to secure an arbitrage.

    As a very brief explanation to those who may be unfamiliar to the term, an arbitrage is the practice of taking advantage of a state of imbalance between two or more markets. A combination of matching deals are struck that capitalize upon the imbalance, the profit being the difference between the market prices.

    In the case of the betting exchange, the two markets would represent the back side of the bet and the lay side. In order to create a risk-free arbitrage, a punter would lay a horse at a price, and then back the SAME horse when it's odds have increased. The same applies to backing a horse, and then LAYING the same horse if it's odds decrease.

    A simple example is offered:

    I have ?1000 in my account

    I look at the horse SIR MONTY in the 4:10pm at Salisbury.

    At 4:05pm I lay the horse for ?100 at odds of 3.0 (my account increases temporarily by ?100 - now showing ?1,100) the horses odds begin to increase

    At 4:09pm I back the horse for ?75 at odds of 4.0 (?75 now leaves my account - now showing ?1,025)

    If the horse wins:

    I will lose ?300 from my account from the lay bet (now showing ?825)

    I will also win ?300 from my back bet (now showing ?1,025)

    Profit made ?25

    If the horse loses:

    I have lost my ?75 stake, but kept the ?100 lay

    Profit made ?25

    This in effect is an arbitrage. (This is merely an example, and you should always take into account the exchanges commission which will be deducted from winning bets - there is a very good, and completely free arbitrage calculator available here.

    But how can we tell which direction the odds are going to shift in order to secure the arbitrage?

    There are various methods for doing this:

    1. Who do the top tipsters predict will win the race?

    It is incred

    Are Your Salespeople Sabotaging Their Success?
    Many salespeople could be so much more successful than they are. All that is needed is a willingness to stop behaviors that hurt their success and replace them with actions and attitudes that will ensure success. What are some of the factors that limit salespeople’s success? See if you can see yourself in any of the following:1. Believing that success in selling will be easy and fast.2. The inability to keep yourself motivated regardless of the circumstances.3. Living in the past or the future.4. A lack of consistent effort.5. Letting yourself off the hook when you fail to reach your goals.6. A lack of clear focus, direction and goals.7. Inadequate planning time.8. Not investing enough time and cash in yourself and your skills and attitude development.9. Low aim.10. A failure to positively manage rejection and failure.<
    the imbalance, the profit being the difference between the market prices.

    In the case of the betting exchange, the two markets would represent the back side of the bet and the lay side. In order to create a risk-free arbitrage, a punter would lay a horse at a price, and then back the SAME horse when it's odds have increased. The same applies to backing a horse, and then LAYING the same horse if it's odds decrease.

    A simple example is offered:

    I have ?1000 in my account

    I look at the horse SIR MONTY in the 4:10pm at Salisbury.

    At 4:05pm I lay the horse for ?100 at odds of 3.0 (my account increases temporarily by ?100 - now showing ?1,100) the horses odds begin to increase

    At 4:09pm I back the horse for ?75 at odds of 4.0 (?75 now leaves my account - now showing ?1,025)

    If the horse wins:

    I will lose ?300 from my account from the lay bet (now showing ?825)

    I will also win ?300 from my back bet (now showing ?1,025)

    Profit made ?25

    If the horse loses:

    I have lost my ?75 stake, but kept the ?100 lay

    Profit made ?25

    This in effect is an arbitrage. (This is merely an example, and you should always take into account the exchanges commission which will be deducted from winning bets - there is a very good, and completely free arbitrage calculator available here.

    But how can we tell which direction the odds are going to shift in order to secure the arbitrage?

    There are various methods for doing this:

    1. Who do the top tipsters predict will win the race?

    It is incre

    Atomic Clocks
    Time waits for no man. Keeping this mind, we set about inventing clocks to synchronize ourselves with lunar cycles. It was an impressive leap, beginning some 10,000 years ago when the Egyptians came up with sundials in 2100 BC. Sundials, or shadow clocks, first used by Sumerians, worked on the premise of measuring the length of shadows to deduce time of day. Weather played spoilsport as on cloudy days, and when the months changed, shadows would not correspond with the markings. The Romans tried to do better by pilfering Cleopatra’s Needles, the tools used by Egyptians, but had to be content with town criers announcing the changing time. Around 325 BC, the water clock followed sundials; a water clock was basically a bucket of water with a hole in bottom to record slipping time but not hours. Various contraptions and models followed, ultimately resulting in clocks.The word clock has
    if it's odds decrease.

    A simple example is offered:

    I have ?1000 in my account

    I look at the horse SIR MONTY in the 4:10pm at Salisbury.

    At 4:05pm I lay the horse for ?100 at odds of 3.0 (my account increases temporarily by ?100 - now showing ?1,100) the horses odds begin to increase

    At 4:09pm I back the horse for ?75 at odds of 4.0 (?75 now leaves my account - now showing ?1,025)

    If the horse wins:

    I will lose ?300 from my account from the lay bet (now showing ?825)

    I will also win ?300 from my back bet (now showing ?1,025)

    Profit made ?25

    If the horse loses:

    I have lost my ?75 stake, but kept the ?100 lay

    Profit made ?25

    This in effect is an arbitrage. (This is merely an example, and you should always take into account the exchanges commission which will be deducted from winning bets - there is a very good, and completely free arbitrage calculator available here.

    But how can we tell which direction the odds are going to shift in order to secure the arbitrage?

    There are various methods for doing this:

    1. Who do the top tipsters predict will win the race?

    It is incre

    What is an Airline Credit Card
    One of the perks associated with today’s credit cards is the frequent flier program. In order to determine which program is best for you, you should consider whether you will be able to obtain benefits from the dominant airlines in your region. You should also try to find out which card will provide the easiest ticket with the fewest hassles.Airline-sponsored credit cards permit you to focus on a single airline. It the airline has a hub in your community, it may be responsible for most of the routes to potential destinations. As a result, such credit cards can be convenient and economical and could save you a great deal of money in the long run.One option is Northwest VISA which is offered through U.S. Bank. The card comes in both platinum and business versions—the business variety offers more detailed expense tracking services. Just for signing up, you’ll receive 10,00
    now showing ?1,025)

    If the horse wins:

    I will lose ?300 from my account from the lay bet (now showing ?825)

    I will also win ?300 from my back bet (now showing ?1,025)

    Profit made ?25

    If the horse loses:

    I have lost my ?75 stake, but kept the ?100 lay

    Profit made ?25

    This in effect is an arbitrage. (This is merely an example, and you should always take into account the exchanges commission which will be deducted from winning bets - there is a very good, and completely free arbitrage calculator available here.

    But how can we tell which direction the odds are going to shift in order to secure the arbitrage?

    There are various methods for doing this:

    1. Who do the top tipsters predict will win the race?

    It is incre

    8 Fundamental Rules For Writing Great Copy That Sells
    The number one objective of your sales copy is to get your prospect interested enough in your offer to actually take action and buy it.Just how do you actually write copy that does just that?There is no one hard and fast rule to achieving that but there are definitely certain rules that needs to be followed if you want to write sales copy that is effective in getting your prospect to buy from you.Rule #1 – Focus On Your Prospect Sales copy should always be written with the prospect’s needs, wants, desires, and feelings in mind.Always focus on the prospect, never on yourself. Forget about inflating your own ego.Rule #2 – Target Your MarketSelect a market for your sales copy.Do some research on the market that you wish to sell to.Understand the demographics of your potential customer and speak his language.Understand his fears,
    e into account the exchanges commission which will be deducted from winning bets - there is a very good, and completely free arbitrage calculator available here.

    But how can we tell which direction the odds are going to shift in order to secure the arbitrage?

    There are various methods for doing this:

    1. Who do the top tipsters predict will win the race?

    It is incredible just how huge the level of influence these tipsters have on the uk race market. Many top tipster have become household names, with the Sun's Templegate and the News of the Worlds Pegasus being two of the more common ones. If Templegates 'NAP' (best bet of the day) is priced above 5/1 more than 60 minutes before the race is due to begin, and there isn't any odds-on favorite in the same race to oppose it, the NAP's odds will regularly tend to decrease. In this situation You would back early, and then lay the horse closer to the start of the race as it's odds decrease. This will help you secure the arb.

    A good source of NAPS can be found at http://www.dailynaps.co.uk which provides a free daily race-card of uk naps.

    2. Watch for changes in the weather!

    This may seem obvious to some, but the changes in the weather can adversely affect the outcome of a race. For example, you get up at 6am and hear on the news that there is a high probability of rain later that day. You notice on the exchange that the odds-on favorite in the 3:30 at Ascot is trading at 1.6. After some checking, you see that this favorite has only ever won on firm ground. If it does happen to rain, the ground will soften, and the likelihood of this horse winning decreases. So in this case you lay the horse early, and closer to the start of the race the odds should drift out, which is when you then back the horse. Again, creating an arb.

    A good source for UK weather updates can be found at http://www.meto.gov.uk/

    3. Use multiple exchanges

    A lot of people fai

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