Loaded-Gun.Com - Anti-Social.Com's Rejects!

General Category => Entertainment => Topic started by: FAH-Q on December 16, 2009, 09:04:05 PM

Title: CNBC show on "illegal" gambling right now
Post by: FAH-Q on December 16, 2009, 09:04:05 PM
Might be interesting.
Title: Re: CNBC show on "illegal" gambling right now
Post by: underclass on December 16, 2009, 09:12:03 PM
i gamble a lot, last night I bet $100 to someone that England wouldn't win the soccer world cup at 2-1 odds. I'll go to the bookmaker in NZ and bet $20 at 10-1 that they will. Essentially I'm betting $20 and will profit $80 if England don't win.
Title: Re: CNBC show on "illegal" gambling right now
Post by: FAH-Q on December 16, 2009, 09:13:49 PM
Nice little scalp.
Title: Re: CNBC show on "illegal" gambling right now
Post by: Drugmoth on December 17, 2009, 12:28:09 PM
Slot machines are fun.
Title: Re: CNBC show on "illegal" gambling right now
Post by: (_)_)===D on December 17, 2009, 12:36:55 PM
i gamble a lot, last night I bet $100 to someone that England wouldn't win the soccer world cup at 2-1 odds. I'll go to the bookmaker in NZ and bet $20 at 10-1 that they will. Essentially I'm betting $20 and will profit $80 if England don't win.

I'm confused... To me it looks like this:

100 @ 2 to 1 for England to lose = 200 if bet won
20 @ 10 to 1 for England to win = 200 if bet won

Total wagered = 120
Total profit = 200 -120 = 80 whether they win or lose, which is obviously your point. I guess the part about profiting $80 if England doesn't win confused me, cause you win either way.

Nice job.
Title: Re: CNBC show on "illegal" gambling right now
Post by: underclass on December 17, 2009, 06:58:05 PM
I didn't even think of that.

I'm have about ten grand in hedged bet action by the time this bad boy starts
Title: Re: CNBC show on "illegal" gambling right now
Post by: FAH-Q on December 17, 2009, 07:00:06 PM
I'm assuming nobody saw this show, but funnily enough last night I ended up hanging out at the house where the Antigua segment was filmed. Gorgeous house, too.
Title: Re: CNBC show on "illegal" gambling right now
Post by: (_)_)===D on December 18, 2009, 02:48:30 PM
So if somebody were to move to Antigua and start an online booking operation with somebody else who's been working for one for say, like 10 years or so, what are the going odds on them having some kind of horrible "accident"?
Title: Re: CNBC show on "illegal" gambling right now
Post by: (_)_)===D on December 18, 2009, 02:49:26 PM
I didn't even think of that.

I'm have about ten grand in hedged bet action by the time this bad boy starts

I get 3 percent.
Title: Re: CNBC show on "illegal" gambling right now
Post by: FAH-Q on December 19, 2009, 05:01:58 PM
So if somebody were to move to Antigua and start an online booking operation with somebody else who's been working for one for say, like 10 years or so, what are the going odds on them having some kind of horrible "accident"?

Pretty slim, really.
Title: Re: CNBC show on "illegal" gambling right now
Post by: (_)_)===D on December 19, 2009, 06:04:20 PM
Interesting.