Now we're getting into the whole 'Net Neutrality' debate.
Now we're getting into the whole 'Net Neutrality' debate.
Triple-six killers in this motherfucker runnin shit
Originally Posted by Luke
So they are using everyones money to bet sports? This sounds like a horrible idea to me .Whos behind this?
It is a hedge fund... just like a stock market mutual fund. You buy a "share" of the fund... they make money with sports bets, and then as the total value of the fund grows, your share price grows. Just like buying a stock or mutual fund. The fund company Centaur is behind it.
2012: +19.33
2012 Parlay project: +16.5u
Im about to go on a run.
But first...........Lemme get off dat faggy time.
mahalo
Penn you blow
5-5-1 in title fights
prodigy
2015 MMA BETTING CHAMP
I'd just like to say that it's going to be super fucking gay if Alan Belcher actually has to retire.
I heart cock
I doubt he has too
2015 MMA BETTING CHAMP
[quote=MMA_scientist]
So they are using everyones money to bet sports? This sounds like a horrible idea to me .Whos behind this?
It is a hedge fund... just like a stock market mutual fund. You buy a "share" of the fund... they make money with sports bets, and then as the total value of the fund grows, your share price grows. Just like buying a stock or mutual fund. The fund company Centaur is behind it.[/quote:2wmoqnig]
"Residents, nationals and citizens of the United States of America or its territories,
possession or protectorates are not permitted to participate in any of the Investments
detailed on this website."
Shucks. Still, it's a very interesting idea. The fact that it's performance must be uncorrelated to the rest of the financial markets has got to be a big plus for it. I have a lot of questions about how it would work, though.
The biggest being: how do they get around bet limits? And if they're known and reliably successful, can't the betting houses find them and kick them out? It must be a legal nightmare, on top of that: no wonder at all they're not taking involvement from the US.
Why should the bookies care, considering the whole "the books don't care who wins" situation?
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^ they wouldn't care, except that kind of money on one side of a bet could move the line substantially, so that they could not get enough to cover the other side. But assuming it is spread out, they shouldn't care.
Also, sportsbooks are not illegal in the UK (Ireland for sure has sports books in about every corner). So there would be a lot of books, not like the facist bs we have here.
2012: +19.33
2012 Parlay project: +16.5u
A huge player tossing around the kind of cash it sounds like they have (and being consistently successful at it) could easily overwhelm the lines and start costing bookies money. Hence the bet limits.Why should the bookies care, considering the whole "the books don't care who wins" situation?
But like MMAscientist said, maybe there are just so many little houses there, they can get away with it.
Fucking fascists.
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Still sounds like a horrible idea to me. No way would I invest in it
2015 MMA BETTING CHAMP
Horrible why? I mean, sportsbetting is what we all do here.
Are you saying that you wouldn't want to trust their skills?
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Horrible why? I mean, sportsbetting is what we all do here.
Are you saying that you wouldn't want to trust their skills?
Why would I invest my money into someone else's plays?
Think about it ,if these guys are so good why wouldnt they just bet their own plays?
If they were so good why wouldnt they already be filthy rich?
If they were so good why would they need to raise money for a fund?
This is way to new to trust
2015 MMA BETTING CHAMP
I don't know shit about hedge funds, the stock market, or investing. So I'm not going to pretend to. I can't answer these questions, obviously.
As for this though--"Think about it ,if these guys are so good why wouldnt they just bet their own plays? If they were so good why wouldnt they already be filthy rich?"--I can at least say that we should know this from experience. I feel like most of us are pretty good at betting MMA . . . why aren't we filthy rich? Obviously it takes a lot of time to build up that bankroll to the point of making serious money and that doesn't really have to do with skills, but time. I don't think these guys are claiming 100% ROI per year or anything . . . I think they're just claiming to be able to match (or better) the stock market, and I do know that the average stock market return isn't that great.
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^ you can use that same rationale with fund managers. If they know so much about trading equities, why arent they Warren Buffet? Well they are. And Warren Buffet has a fund too, managed by him (and now his prodigy) so other can get rich off of him (Berkshire Hathaway). So they do invest in it, and they also get an income managing the fund.
2012: +19.33
2012 Parlay project: +16.5u
Yeah, it's the same concept behind all investing:Obviously it takes a lot of time to build up that bankroll to the point of making serious money and that doesn't really have to do with skills, but time.
Person A has a profitable idea, but not much money.
Person B extra money lying around.
Person B lets person A use their money in exchange for a share in the profit.
Shady investment schemes are all over the place though, not saying you don't have to be careful.
Ok guys i was sideloaded, I really have a problem with
anyways, I'm getting help now and really sorry for all the problems.
^^ everyone already knew you were sideloaded.
But not sure if serious about the rest...
2012: +19.33
2012 Parlay project: +16.5u
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