Wednesday, January 20, 2016

MONEY MANAGEMENT in Gambling and Investing


The most important in Gambling and Investing is Money Management, otherwise said 'How you manage your Bankroll.'

Proctecting your capital.

Bankroll: Money 

No Bankroll = no Money
No Money = no opportunities to make Money

Since you should never "play" with Money.

The 5% Money Management Rule

Gamble no more than 5% of your Bankroll.

I can make 20 Bets with my personnal Bankroll.
It isn't dramatic if I lose a few bets in a row.
I have the same philosophy for investing in the stock market.


In the long-run, 
Discipline is better than good picking.
Since you can't always pick the winner.


Nothing is 100% safe.
Nothing is 100% sure.
Not even fixed fights and inside trading.

Everything is possible!

So you should NEVER dedicate more than 5% of your Bankroll / Capital on a single bet, investment or poker game.



BETTING ON WRESTLING

Friday, January 15, 2016

Gambling Betting Odds Format Explained

Understanding the odds is the precondition of betting. 
Most online sportsbooks give their odds the American way that will usually confuse the non-initiated. However, once you have sighed-up, the sportbook will let you choose between decimal, fractional, or American odds.
My favorite, and by far the easier to understand and most logical, are the Decimal odds.

Here below are some basic explanations of the three types of odds.


1. Decimal Odds

This is probably the most popular and simpler format. Decimal odds are favoured in continental Europe, Canada and Australia. 
Formula: stake x odd = payout
If you put $100 on 1.50 odd, possible payout would be $150. including the $50 profit
These odds are considered to be best for parlay betting (accumulators), since the payout is simply the product of the odds for each outcome wagered on. Also, decimal odds are favoured by betting exchanges because they are most suitable for trading.


2. Fractional Odds

If the decimal odds are the most popular, fractional is definitely the oldest format. 
Differently from decimal format, they show the possible profit (stake is excluded). Odds of 2/1 (the way to say is “two to one”, or less commonly “two to one against”) imply that the bettor would have $200 profit on a $100 stake. If the odd is 1/2 (“one to two”, or “two to one on”), the bettor would have $50 profit on a $100 stake. Odds of 1/1 are also known as evens or even money.
Converting this format into decimal is very easy, just divide fraction and add 1 (1/2+1=1.50)
Fractional odds are also used in horse racing.


3. American Odds

American odds are, of course, the most popular at US bookmakers but are offered by most online sportsbooks as well. They’re also known as “money line odds” or “lines” and are different for favorites and underdogs.
If the odd is worse than even, the figure is negative and it shows how much money must be wagered to win $100. If the quoted odd is -200 (1.50 in decimal format and 1/2 in fractional), it means you have to put $200 to win $100.
If the odd is better than even, the figure is positive and it shows how much money will be won on a wager of $100. If the quoted odd is 300 (4.00 in decimal format and 3/1 in fractional), it means you will win $300 with a stake of $100.
Conversion American odd to decimal depends on whether it is negative or positive. If it is negative, take -100, divide it by US odd and add 1. (-200 will be -100/-200+1=1.50). If it is positive, just divide it by 100 and add 1 (300 will be 300/100+1=4.00). Same principle is with conversion to fractional format. If US odd is negative, take -100, divide it by the odd and then convert to fraction (-200 will be -100/-200=1/2). If it is positive, divide it by 100 and convert to fraction (300 will be 300/100=3/1).


Thursday, January 14, 2016

Batman & Iron Man richest superheroes NET WORTH






Yes indeed! Without Money you're nobody. MONEY is in fact the best superpower ever.

Since superpower is synonymous with superhero. I'm particularly interested in knowing more about Billionaire playboy genius philanthropist superheroes Batman (Bruce Wayne) and Iron Man (Tony Stark) net worth and entreprise revenues.





These Are the 5 Richest Superheroes








 2. Tony Stark

Iron Man
Paramount—courtesy Everett CollectionIron Man
Net Worth: $12.4 billion
Tony Stark, otherwise known as Iron Man, narrowly edges out Wayne in the battle of billionaire playboys. Interestingly, while Forbes ranks Stark’s wealth ahead of Batman, the publication lists Stark Industries’ revenue ($20.3 billion) as less than that of Wayne Enterprises. Chalk it up to Wayne’s legendary philanthropy.

3. Bruce Wayne

Bruce Wayne
Warner Bros—courtesy Everett CollectionBruce Wayne
Net Worth: $9.2 billion
Considering Bruce Wayne’s superpower is essentially “being rich enough to afford gadgets and karate training,” it makes sense that the Batman would be pretty loaded. Forbes estimates Wayne’s worth at $9.2 billion, and lists his company, Wayne Enterprises, as having an annual revenue of $31.3 billion.



ALT
© Forbes.com

#11 Wayne Enterprises

Headquarters: Gotham City, U.S.A.
Industry: Conglomerate
CEO: Lucius Fox
Est. 2007 sales: $31.3 billion
Founded by merchant ancestors of Wayne family in the 17th century, Wayne Enterprises has grown to encompass defense technologies, petrochemicals and alien artifact retrieval. Profits up significantly due to sale of “Brother Eye” spy satellite technology to U.S. government. Majority stockholder Bruce Wayne subject of FBI investigation after top-secret military prototypes “lost” from company storage.
Featured in Batman. 
http://www.forbes.com/2007/12/10/largest-fictional-companies-oped-books-fict1507-cx_mn_de_1211company_slide_12.html



ALT
© Forbes.com

#16 Stark Industries

Headquarters: New York, N.Y.
Industry: Aerospace & Defense
CEO: Tony Stark
Est. 2007 sales: $20.3 billion
Stark Industries dominates headlines following alleged misdeeds of security personnel in Iraq and Afghanistan. Regardless, family controlled company saw sales surge thanks to contacts forged after Stark was appointed head of global law-enforcement unit S.H.I.E.L.D. New line of “Hulkbuster” armored suits won $6.2 billion Department of Defense contract.
http://www.forbes.com/2007/12/10/largest-fictional-companies-oped-books-fict1507-cx_mn_de_1211company_slide_17.html?thisSpeed=undefined



The 25 Largest Fictional Companies
(rank) CompanyFictional Universe2007 Revenues
1. CHOAMDune$1.7 trillion
2. Acme Corp.Looney Tunes$348.7 billion
3. Sirius Cybernetics Corp.Hitchhiker’s Guide$327.2 billion
4. MomCorpFuturama$291.8 billion
5. Rich IndustriesRichie Rich$163.4 billion
6. Soylent Corp.Soylent Green$157.1 billion
7. Very Big Corp. of AmericaMonty Python$146.6 billion
8. Frobozz Magic Co.Zork$112.9 billion
9. Warbucks IndustriesLil’ Orphan Annie$61.5 billion
10. Tyrell Corp.Bladerunner$59.4 billion
11. Wayne EnterprisesBatman$31.3 billion
12. VirtuconAustin Powers$24.9 billion
13. GlobexThe Simpsons$23.7 billion
14. Umbrella Corp.Resident Evil$22.6 billion
15. Wonka IndustriesCharlie…Choc. Factory$21.0 billion
16. Stark IndustriesIron Man$20.3 billion
17. Clampett OilBeverly Hillbillies$18.1 billion
18. Oceanic AirlinesLost$7.8 billion
19. Yoyodyne Propulsion Sys.Crying of Lot 49$5.8 billion
20. Cyberdyne Systems Corp.Terminator$5.5 billion
21. d’Anconia CopperAtlas Shrugged$5.0 billion
22. GringottsHarry Potter$4.4 billion
23. OscorpSpider-Man$3.1 billion
24. Nakatomi Trading Corp.Die-Hard$2.5 billion
25. Spacely Space SprocketsThe Jetsons$1.3 billion

Wednesday, January 13, 2016

The cost of being Batman



Everything and every body have a price. And even doing good things come to a price.

I find this very interesting post on hypable.com about the cost of being a superhero.




Why in the world would you wanna be a superhero when you are already a Billionaire Playboy? Just ask Dan Bilzerian.



 







source:
http://www.hypable.com/battle-of-the-billionaires-which-superhero-does-it-cost-more-to-be-batman-or-iron-man/

The cost of being Iron Man



Everything and every body have a price. And even doing good things come to a price.



I find this very interesting post on hypable.com about the cost of being a superhero.



Why in the world would you wanna be a superhero when you are already a Billionaire Playboy? Just ask Dan Bilzerian.







source: http://www.hypable.com/battle-of-the-billionaires-which-superhero-does-it-cost-more-to-be-batman-or-iron-man/

world's richest rappers




not-so-wise miser

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