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ทางเข้า fun88 The tournaments they play in do not turn them into pros either. Even so, they can’t be regarded pros just because they have earned millions of dollars in their careers or simply because they can be identified by their style of play. Everyone thinks that one particular is a very good poker player if they win huge amounts of income.
The media does not make one particular a skilled poker player. You need to not commit your complete month-to-month price range on poker just due to the fact some players have succeeded in winning substantial amounts of income in televised tournaments.
What position should poker occupy in your life?
Prior to playing on line poker and try to turn out to be a qualified poker player a single have to pass by means of a period of learning from books, videos or internet articles. Titles are not worth anything, so do not waste time with them. Other folks are regulars of unique poker websites. The money they have earned is not a choice criterion either. Also experience is significant so you can start out from the bottom and gradually raise the stakes if you really feel confident.
You cannot differentiate an amateur poker player from a expert 1 basically by the style of play.
There are so many poker players you most likely have not heard of but that does not mean that they are not very superior players.
It is stated that hope dies last, but there is generally a limit. For instance, the organizers of big tournaments need the deposit of a quite consistent sum of money.
Skilled poker players and amateur ones are particularly difficult to differentiate. Some people only play poker when they have the time. Even so, you have to invest some cash in order to win income later on. Just play your game and most importantly be constant.
Merit versus title
Always be careful!
A poker player demands to meet a lot of circumstances in order to be thought of a professional. Some folks play to spend back their debt. There are numerous variations involving these two kinds of poker players. .
Everybody believes that the poker players they see on Tv are pros. Of course, you are permitted to hope that you will win significant sums of cash, but you should really not invest like crazy with no objective in mind whatsoever. It is essential to uncover a balance amongst the gambling encounter and the other elements of your life. This is just a mindset. No great can come from spending endless hours playing a game of likelihood. This is why there is so a lot debate on this subject. A lot of men and women are born with a talent for this game, that’s why there are a lot of players that seek to support other young players.
People play poker simply because it gives them a opportunity to make cash. Don’t forget that you require to find a balance. The game of poker can make a actual distinction in your life if you just discover how to play it effectively. Then, there are on the web poker players and offline poker players, each with their personal preferences and habits. The designs of play are distinct but the result is the very same: someone wins the pot in the finish. You do not need to have a good name in order to make wise choices in poker. The status of professional poker player is not achieved only by spending endless hours in front of the pc screen.
Do not be afraid of winning!
What is the distinction among amateur poker players and skilled poker players?
You can also win dollars without the need of investing any website like fun88no1
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Affiliate marketing has become a popular way to earn money online. Again, an impartial review-style format is a good idea. If you send them nothing but spammy advertisements, they will unsubscribe en masse. In addition, there are many premium review-style themes for WordPress, Blogger, and other blogging platforms that will enable you to set ratings and insert affiliate links with ease. If there existed a way to earn six figures a year without any of those skills and without expending any effort, everyone would already be doing it. Once you find a niche and method that works for you, there is no limit to how much money you can earn.
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REVIEW SITES: Many vendors of e-books and other digital products will be happy to send you a review copy, or at least a sample of the product to help you be descriptive.
Affiliate marketing provides a great opportunity to generate a stream of income from your own home. When a visitor clicks through this link, they will be taken to the vendor’s sale page. Focus on creating top-quality content for your readers, so that they will trust your judgment when you recommend a product. Here are just a few of the most common methods: . Don’t be fooled. Once in a while, you can send them an affiliate link to a good product or service that you think they will find useful. It can seem very daunting to start what is essentially a home business, but it is quite simple. If you have access to the product or service, try to show video of it being used. You will essentially be collecting email addresses of users who sign up to receive information from you. When you have selected which products or services you would like to promote, you will be given an affiliate link. All you have to do is write articles on your niche of choice and link to products that your visitors would like. NICHE BLOGGING: If you already have a blog about one of your interests or have thought about making one, this is a good method for you. While there is no limit to how much money you can make in affiliate marketing, it requires hard work, creativity, and innovation. Basically, you will sign up at an affiliate network and “affiliate” yourself with a product vendor.
VIDEO MARKETING: This method consists of producing a video (or several videos) showcasing the product you are promoting. Some basic search engine optimization is required, but that is a subject for another article.
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m88 สำรอง Examples include, David Beckham, Ruud van Nistelrooy, Jaap Stam and even Peter Schmeichel. Barcelona, 6 trophies in a single season! However, I disagree that he is better than either Sir Alex Ferguson, or Jos Mourinho, both the only ever managers to win the top treble (Top Domestic League, Top Domestic Cup, UEFA Champions League) in England and Italy respectively. He started off his managerial career at St. Mirren, where he would win a solitary Scottish First Division title, before moving to Aberdeen. Maybe after his time at FC Bayern Mnchen, where he has yet to begin his managerial term yet, after signing a pre-contract to start in 2013/14 season, he may then live up to these two giants of the managerial world. Manchester United were stuck on 7 and even Everton and Arsenal were two ahead on the title count on 9, so for Ferguson to make his team more successful that Liverpool seemed pretty impossible at the time.
The fantastic thing about Sir Alex Ferguson’s reign at Manchester United is that time and time again he has reinvented his team, whilst keeping a core of experienced talent, helping develop his squads and keep the club challenging for the biggest prizes in football at the same time as ‘transitioning’ the team. However at this primitive stage this is just conjecture.
Firstly, allow me to start with Sir Alex Ferguson. Liverpool, with a league triumph in 1989/90 made their English top division trophy count an impressive 18. He then moved on to Manchester United, who had not won a top division title in 26 years until the first ‘Premier League’ era title. He had vowed that he would “knock Liverpool off their perch”. He also won the SPL two further times in his seven year stay, making him the manager of currently, the last non-Old Firm team to become champions. It is in his time at Aberdeen where he became noticed as a manager with the potential to be the best.
Let me begin by stating that a lot of people would argue that the best living manager is not part of this article, because of what Pep Guardiola achieved in his short stint at the top at F.C. Undoubtedly the greatest and most successful British manager ever. Other successes at Aberdeen were highlighted by a UEFA Cup Winners’ Cup triumph in 1982/83 season, an amazing achievement that has been remembered to this day. He never lets players get the better of him, and what is more important, he never lets other managers get the better of him, he is the king of mind games, he invented football mind games, and no-one has ever matched up to him, no-one until Jos Mourinho, that is.
Jump forward just over 25 years and Ferguson & Man United have amassed 12 Premier League titles, eclipsing their greatest rivals Liverpool to have 19 successful title chases to Liverpool’s 18, not only that but they have triumphed in Europe twice with the UEFA Champions League, won the FIFA Club World Cup, and even nurtured a young Portuguese boy in to one of the World’s best players and an 80million superstar, all because of the managerial ability of Sir Alex Ferguson.. He managed to guide Aberdeen to the pinnacle of Scottish football for only the second time in their history in his second season. he never allows players to become bigger than his Man Utd project, and has an amazing ability to move players on just before they decline from their peak
As you can see, there’s much more to betting than simply totals and sides, especially when it comes to gambling on non-team sports.
For non-team sports like golf, boxing, tennis and NASCAR, “Matchup Betting” offers an alternative to simply betting on the event’s winner. The odds on a “field” bet are typically comparable to a bet on the favorite in order to protect sportsbooks from taking a big hit if a major upset occurs. The two main ways of wagering on non-team sports are “Betting to Win” an event and “Matchup Betting” which pits an individual against another individual or a group of individuals. Unlike team sports such as football, non-team sports also have multiple events over the course of a year, so “Betting to Win” obviously happens much more frequently than a once a year NFL futures bet on the Super Bowl winner does.
. So be aware of all your wagering options and don’t miss out on the excitement non-team sports have to offer with prop betting!
Before every major event in non-team sports like golf, tennis and auto racing, futures are set by oddsmakers.
What will be the exact margin of victory
Betting sides and totals on major sports like baseball, basketball and football are the most common wagers available everywhere. For example, betting on the 2006 Masters golf tournament now might get you much better value on Tiger Woods, who may be 10/1 at this moment but dip to 6/1 closer to the event if he is on a roll.
The main advantage of futures is that you can get appealing odds by betting far in advance of when the event takes place. A NFL future bet on a team to win the Super Bowl might be 20/1 in the preseason; but by midseason, their odds might decrease to 10/1 if they turn out to be legitimate championship contenders. For more information on how this works, be sure to check out How to Read the Money Line. “Matchup Betting” generally involves an individual going up against another individual in a head-to-head event, such as a tennis match, and the odds are determined using the money line.
Group matchups are another way “matchup betting” is used which is particularly popular in golf and auto racing events like NASCAR, where you can select whether a leading competitor or a few other lesser competitors will finisher higher amongst the group, with the odds again based on money lines.
“Betting to Win” an outcome event like The Masters is the most common way to wager on individuals competing for a particular non-team title. These are not fixed and are adjusted by sportsbooks several times leading up to the event and are sometimes released months before an event. Props, also known as exotic wagers, are also extremely popular on high-profile team sporting events like the Super Bowl in Las Vegas . The same holds true for major team sports like NFL and college football, NBA and college basketball and MLB baseball. Proposition bets for non-team sports are not limited to “Betting to Win” an event and “Matchup Betting” but those are the primary ways to wager on them. Other examples of props for non-team sports include what racing team will finish highest in a particular NASCAR race (Chevy, Ford or Dodge) or how many rounds will the fight between Mike Tyson and Kevin McBride last (Over/Under 8.5 rounds). The Imperial Palace Casino’s sportsbook is well-known for the enormous number of prop bets offered.
Betting to Win
Every $400 bet on Serena nets a $100 profit if she wins (plus the return of the $400 risked).
Furthermore, a tennis match would be considered a tournament-style head-to-head matchup since the competitors involved directly play against each other in the event. If her opponent pulls off the upset, $100 bet on the underdog would profit $360 (plus the return of the $100 risked). Open tennis tournament, a reasonable money line would require Serena bettors to risk $400 to win $100 while a $100 bet on her opponent would win $360. For example, you can bet on:
What team will win the coin toss
Here’s how the money line would be listed: Serena Williams -400 / #102 Ranked Opponent +360. These artificial matchups are also fake in the sense that bookmakers are the ones creating them – solely for betting purposes – and different books will often offer different matchups. An artificial head-to-head matchup involves competitors in an event like a golf tournament or auto race who are indirectly competing against each other since in reality they are competing against everybody in the field, not just one other competitor.
It is very important to note that not all the competitors in an event may be listed, so another betting option is on the “field” which includes all other competitors not listed. However, many sportsbooks also offer proposition bets (or props short) for gambling on non-team sports like golf, tennis, boxing and auto racing – including NASCAR – due to their growing popularity.
An example with team sports would be NFL futures, where you often can get much higher odds on a team by betting before the season starts. Since golf and NASCAR both have pre-qualifying, not everybody makes the cut to the final day of competition, and these group matchups require all individuals to qualify in order to be eligible for action. In exchange for a lesser payout, field bettors gain the advantages of having more than one entrant that can win for them.
What player will score the game’s first touchdown
For example, if Serena Williams faced an overmatched opponent in the U.S
You listen to your mind, but with a grain of doubt.
#8). Sometime you feel there’s a curse on you.
#8). But please don’t misunderstand me, I don’t mean the unfortunate few, that by heredity, accident, illness, misfortune, or birth defect, are certified clinically mentally retarded.
Also, my investigations document the trouble to be deeply rooted in a wide-spread profound lack of personal mental education.
Are You Mentally Retarded, But Don’t Know It?
I know, we all like to think we’re just as smart as the next person, but the truth is, some of us are more mentally ignorant. Some of us don’t know our subconscious mind from a hole in the ground.
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Is your own mind secretly keeping you from the good life?
Schools, Universities, and Governments don’t teach us how to use our mind; to think and grow. Your nightly dreams run wild, out of control.
#7). You have prolonged patterns of wasting your time.
#10). I can still hear the negative old folksy advice, “you’ll go crazy if you learn too much about the mind”. Noticeable results that make a marked difference in their lives. Mentally retarded, but don’t know it. Last minute “monkey-wrenches” always wreck your plans.
#6). It’s left up to each person to self improve, and mentally develop themselves.
And you know, that advice kept most people from learning deeply. And the tragedy is, you probably don’t know it. Can you see that? A nation of mentally deprived people.
#1). Which one is yours? Can you use a little help?
In fact, in any one year, one in five Americans-including children, adolescents, adults and the elderly- experience a mental disorder”. Your mind sometimes seem to have a mind of its own.
#3). Our mental growth is retarded. Government Declares Mental Crisis
Oh no, the group I’m referring to is the remaining mass public; common average people, whose mental growth is stagnant.
We can’t deny it. Inner working of your mind seem like a dark ancient mystery.
#5). He goes on to say: “To a great extent, we’re dumping our mental health problems on the streets of America”.
Properly instructed, your mind can be a wonderfully powerful tool, bringing seemingly endless peace, joy, and personal satisfaction. Woefully lacking in personal mind power. You feel like you’re out of rhythm with life.
#9). Fresh ideas and creativity are nearly non-existent.
#5). Your subconscious mind is like a strange foreigner.
#9). No mental growth; stagnant. You think you don’t need mental help.
#7). That’s 20% of the U.S. Your memory works haphazardly.
#6). Bad happenings always break your string of successes.
#3). Are You Plagued By Any Of These Painful Side-Effects?
A Growing Problem You Can’t Ignore
Here’s the problem: nearly all of us only use only a small percentage of our mind power; usually only 3%-10%.
Are You Wasting Your Mind?
Here’s a startling fact: The U.S. A personal embarrassing shame.
Schools Don’t Teach You This
Just think of it, you may be growing physically, but if you’re stuck at a 3%-10% mind power use, year after year, then you’re mentally retarded. You sometime have a feeling of pending doom.
#4). We all like to think we’re growing; but in reality, could our mental growth actually be retarded?
These are serious clinical disorders; not to mention the other mass uneducated millions who are only using a small fraction of their mind power (3%-10%). Someone lost their mind.
Oh boy, can I identify with those painful side-effects! I was once there. Stagnant. population!!
When I mention the phrase, “mentally retarded”, we think of an unfortunate few. Stumbling along each day, mentally frustrated, until a clinical disorder occurs.
Are You Suffering From Any Of These Stagnant Mind Symptoms?
#1). Poor decision making, even when your odds are 50/50.
#2). You can’t see how your thoughts affect your circumstances.
#10).Your thoughts disobey you, and refuse to do your will.
#11).Your imagination darts about, out of control, like a energetic puppy.
#12).When you really need it, your mind locks up.
U.S. Life seems like a complex puzzle you’ll never figure out.
The shocking reality and trouble is, we’re stuck at that percentage, year after year, after year. Government Surgeon General’s recent report stated: “Society no longer can afford to view mental health as separate from general health”. The daily newspaper headlines are filled with bizarre twisted tales, covering all ages, pre-teens to adults. “It’s not safe to go too deep”.
He adds: “Few Americans are untouched by mental illness, whether it occurs within one’s family or among neighbors, co-workers or members of the community.
Where do you stand? How much mind power are you using? How’s your thought life? Are you enjoying peace of mind? Or, are you mentally retarded, but don’t know it?
. Peace and joy, if they appear, quickly come and go.
#4). Peace and joy nowhere to be found. The good life strangely seem to be purposely evading you.
#2). A terrible waste.
I always wondered if knowing more about how my mind worked, would help improve my life. And since they feared knowledge of their own mind, a common wide-spread low mental education/power use, was established as the norm. You see, many years ago, I was only using a small fraction of my mind power.
Let’s face it, people simply just don’t know how to skillfully use their minds to obtain maximum positive results. Untrained, it’s only a stagnant mass of untapped potential; which can easily bring daily sorrow, and confusion. No mental growth. So, their marvelous powerful mental gift just sits there, nearly unused; wasted
They bet big when they have the odds. So edge/odds=17.45/21 x10,000= 8309. This strategy suggests investors should invest proportionally according to their return expectations. The first and foremost decision is the amount of capital available for investing, the type of asset (e.g. We are obviously only going to go to 40% in very rare situations this rarity, of course, is what makes it necessary that we concentrate so heavily, when we see such an opportunity.
For example, you have a $100,000 portfolio of US equities and that your maximum portfolio drawdown tolerable is 15% of all assets. The first 2 factors are portfolio size and amount of capital the portfolio will risk in the pursuit of gain. The next 4 factors are regarding the investment itself: the probability of gain in a base case, probability of loss in a stress case, percent of projected gain in the base case, and percent of projected loss in the stress case
Credit: GrizzlyRock Capital
1. Many famed value investors such as Bruce Berkowitz, Donald Yacktman, Mohnish Pabrai and Warren Buffett runs concentrated portfolio where they take up huge position in their high conviction stock picks. He effectively bet 40 percent of his net worth on a scandal-ridden business making negative headlines daily. Basic questions like, “how much can we make, what is the downside risk, and what are the probabilities of each”, must be answered before any asset is placed in the portfolio
80% chance of winning $21
10% chance of winning $7.5
10% chance of losing it all
Some investors use a simplified model to construct their portfolio where an equal weight allocation is given to all investments not taking into account uncertainty regarding which investments will perform best. Portfolio constructed using this strategy will tend to be concentrated with most of the portfolio being invested in a few high conviction stocks. What were the odds that this bet offered? Mr Buffett shed some light in his letters to partners from 1964 to 1967:
Investing successfully requires an investor to make many decisions. Kelly Criterion require investors to estimate six inputs. So you can bet $8309 on the bet.
Applying Kelly Criterion to Investing
Accordingly to GrizzlyRock Capital, the Kelly Criterion has six inputs when used in investing. Using the Kelly Criterion in position sizing allow the investor to consider behavioral bias. The probability of gain is projected to be 55% (base case) and 45% probability of losing (stress case). A stock situation where Warren Buffett invested a huge portion of his portfolio was the Salad Oil Scandal where he invested in American Express. mutual funds, index funds, stocks, gold etc.) to invest in and construct an investment portfolio. However, the drawback of this strategy includes underweighting exceptional investments and overweighting marginal ideas.
An alternative strategy is to allocate large amount of capitals to the ideas with the most potential upside. One method that they could be using to determine the position sizing is the Kelly Criterion. Click here on how to identify undervalued stocks. Small allocations to prescient investments minimize their impact while large allocations to poorly performing investments leads to underperformance
Odds= Maximum money that we can win= 21. The formula assumes a bimodal outcome of success (base case) or failure (stress case) over a single time period:
How to compute the amount to invest/bet on a stock?
Lets assume somebody offers you the following odds on a $1 bet and your bankroll is $10,000.
The same thoughts and approach was shared by his partner, Charlie Munger. And the rest of the time, they dont. The advantage of this methodology is matching prospective return to investment size. However you are unsure of how to size the position within the portfolio. Regardless whether capital allocators select investment managers or individual securities, optimal position sizing is paramount to portfolio success. Mohnish Pabrai in his book, The Dhandho Investor, explain exclusively on how Kelly Formula can be used for portfolio allocation and how investors can benefit from using it.
What is Kelly Criterion?
The Kelly Growth Criterion is a simple formula that determines mathematically optimal allocations to maximize long-term portfolio performance given each investments probability of success (edge) compared to the amount gained or lost (odds). You believe that Cisco is undervalued and attractive. The portfolio is then rebalanced on a regular basis to maintain the equal-weight allocation. As with any model, the formula is only as good as its input. If investment allocators systematically overestimate the probability of success, long run return will be hampered
The Kelly Criterion is valuable to investors given the systematic, repeatable process and mathematically optimal portfolio structure. In a speech at the University of Southern Californias Marshall School of Business, Charlie Munger said:
According to Kelly Criterion, the edge is equal to 80% x 21 + 10% x 7.5 + 10% x -1( because we have lost our money)=16.8+0.75-0.1=17.45
We might invest up to 40% of our net worth in a single security under conditions coupling an extremely high probability that our facts and reasoning are correct with a very low probability that anything could change the underlying value of the investment. Charlie Munger
Pros and Cons of Using Kelly Criterion in Investing
1. Based on Kelly Criterion, 3.75% of the portfolio should be allocated to Cisco.
Evidence of Kelly Criterion used by Warren Buffett and Charlie Munger
Mohnish Pabrai, in chapter 10 (page 78 81) of The Dhandho Investor discussed that Buffetts concentrated bets gives considerable evidence that Buffet thinks like a Kelly investor, citing Buffett bets of 25% to 40% of his net worth on single situations. This equal weighted strategy benefits from simplicity and it prevents the portfolio from being over-allocated to one particular stock. This mathematical formula was developed by John Larry Kelly Jr 50 years ago while working at the AT&T Bell Laboratories. Kelly Criterion allows investors to bet bigger on their high conviction stocks
2. Its just that simple. When used conservatively, the formula will maximize portfolio growth by allocating capital to the most advantageous investments given both prospective return and risk.
For more detail on the Kelly Criterion, I recommend reading: Fortunes Formula by William Poundstone
The wise ones bet heavily when the world offers them that opportunity. Your research of Cisco tells you that the projected gain in the base case is 12% and the loss in the stress case to be 8%
Since no such circumstance exists, the Martingale only serves as an adrenaline-rushing way to quickly lose all your money. The system works by placing a minimum even-odds bet, such as red in roulette or the pass line in craps. For instance, suppose a roulette wheel has a minimum bet of $5 and a maximum of $250. Sure, you’ll see many more short-term wins, but when you do lose, you will lose hard and fast. Most of them rely on progressions, or increasing your bet to “attain the maximum odds.” No such phenomenon exists. If casinos weren’t guaranteed a profit by the odds, they would certainly not still be in business and growing rapidly each day. Let us extend our roulette example. Certainly the Martingale would work then? Alas, this is not the case, and is, contrary to what some may say, not even the reason casinos implemented the table limit. While they can lead to some nice short-term wins, they will cause any gambler to crash down quickly. The only circumstance under which the Martingale will work is one where the player has infinite wealth
and plays without limits. In our roulette example, even after 15 black spins, the 16th spin is just as likely to be black as it is red. Devised in France centuries ago, the Martingale makes quite a bit of intuitive sense. A casual player may state that the odds of such a streak are low, but as we could rebut from the earlier argument regarding gambler’s fallacy, it’s not all that unlikely.
Let us suppose there was no table limit. A losing streak would have to be phenomenal to overcome such a huge amount of wealth, right? Afraid not.
Applying our knowledge with roulette
With that in mind, let us address perhaps the most popular of all gambling systems: the Martingale. Most players likely would enjoy to spend more time at a casino, and thus should bet casually as they always do. After coming across just six losing numbers in a row, the next wager would have to be $320, larger than the table maximum, and possibly larger than your bankroll. Bet responsibly, and good luck!
Before placing your next wager, either in the form of an online bet or a real casino bet, it’s important to understand that the house has an advantage in virtually all games. If the wager is lost, the player doubles his or her bet, so that if he or she wins, all losses will be recouped, as well as a win of the minimum wager.
The problem comes with exponents. Outcomes in gambling are independent of each other. You’re a big-wig celebrity with a $1 million bankroll.
Whether you are doing Internet betting or gambling in real life, a gambling system will never work. As you keep doubling, the number can quickly go over the table maximum. Gambler’s fallacy is the false belief that an event can be due; for instance, believing that, after 15 black spins in roulette, the next spin is much more likely to be red. They charge exorbitant amounts of money to learn the secret to supposedly prevent the decay of the gambling industry with their bank-breaking secret. Wins and losses combined lead to the same house advantage under any gambling system.
A solid conclusion worth remembering
So the next time you go to an online casino or a brick-and-mortar establishment, you can have the knowledge that employing a gambling system does not improve your odds. After only seventeen losing wagers in a row, you will have bet $655,385 under the Martingale!
Some people claim to have found a magical gambling system that can defy the house advantage. Shelling out money to learn of a gambling system is a horrid mistake.. The same goes for any progression betting system
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Residents of Europe seeking fun, fun and more fun could play this lottery game! EuroMillions is splendid entertainment and so easy to participate in: It Is so simple to take part in and all that is required, is to pick out 5 main lottery numbers starting from one to fifty and two “Lucky Star” numbers starting from 1 to 9. The first lottery draw took place in Paris and six more European countries were added as well. Also, the top prize is scooped if every five main lottery numbers plus both “lucky Star” numbers are matchedJACKPOT!
When Did the Euro Lotto Start?
Buying Euro Millions Lottery Tickets.
In 2004 this euro lotto was originally founded in France, Spain plus the UK with Camelot on Fri Feb 13th 04. This makes the EuroMillions one of the largest lotteries in the world and without doubt and probably the most exciting! The lotto tickets are 2 per row and prizes (that’s not including the jackpot) are equated and distributed corresponding to the number of players as per country.
About the Author:
Gavin Evans is a full time affiliate marketer living in the market town of Cowbridge in South Wales, UK. On August 10th a former postal worker Angela Kelly aged 40 from Scotland won a tremendous jackpot worth 35.4 million. These were – Luxembourg, Portugal, Switzerland, Austria, Belgium and Ireland on October 2006 to create the nine lotto active countries we have now. The biggest lottery win to ever happen in the United Kingdom! And later on that month on August thirty first A French musician Voccaro Joseph scooped a hefty 29.1 million.
To play, the player can log in to the official EuroMillions web site or go to any lottery outlet. Players have to be eighteen or over (sixteen if resident in the UK) to take part. Gavin is also a leading member of the e-Lottery Syndicate System. In July 2005 the lucky 45 year old mother of six scooped $152 million after 9 Euro lottery roll overs, making her the single largest winner in the history of Euro millions!
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However, as CNN recently reported, Trump did indeed donate to Bush’s 1998 gubernatorial campaign while he was actively lobbying for to change gambling laws in Florida. All Rights Reserved. The business magnate contributed $50,000 to Bush and also held a $500-a-person fundraiser for him.
Meanwhile, he hired former Florida statehouse speaker Mallory Horne to lobby on gambling issues for him. “If Miami doesn’t do casinos, that would be a terrible mistake,” Trump said in 2013.
2015 CBS Interactive Inc. Petersburg Times reported in 2008, Trump teamed up with the Seminole Tribe of Florida to ramp up gambling in the state from bingo to full-scale casinos.
Republican frontrunner Donald Trump and former Florida governor Jeb Bush were at odds during the GOP presidential debate Wednesday night over whether Trump unsuccessfully sought to ease restrictions on casino gambling in Florida during Bush’s time in office.
Trump in the past has boasted that he’s influenced elected officials by giving them political donations, and Bush raised the casino issue to make the case that Trump couldn’t buy his allegiance. While Trump suggested in Wednesday night’s debate that his lobbying on the issue failed because he didn’t actually care about it, the Miami Herald reported in 2013 that he was once again lobbying to expand gambling in the state.
When Bush said that Trump “wanted casino gambling in Florida,” Trump shot back, “I promise, if I wanted it, I would have gotten it.”
“He supports Pelosi, he supports Schumer, he supports Clinton,” Bush said, listing the Democrats that Trump has financially supported. As the St. “And he asked Florida to have casino gambling, and we said no.”
Pay-Per-Lead: In this type, whenever a client registers at a merchant’s website as a result of an advertisement on the affiliate’s website, a stipulated amount of money is given to the affiliate.
Affiliate marketing originated from the practice of revenue sharing in which business revenue is shared between business affiliates. Many of them display price comparison lists of the products they offer for sale. Some of them offer free delivery services to the customers. Some of the common ways of making money through this form of marketing are pay-per-click advertising, pay-per-sale advertising, loyalty websites, email lists, comparison-shopping, weblogs, and pay-per-lead advertising.
Business Promotion through Websites: Many websites offer reward-based purchase offers. Depending on the number of clicks an advertisement receives, websites charge the advertisers.
Affiliate marketing is a business promotion technique in which revenue is shared between a website owner and an online business. As the Internet offers free access to users, it is difficult to implement any regulatory measures on its use. This increases the chances of web users clicking on the advertisements. Emails are often used to carry advertisements and promotional messages. Others feature product reviews and articles about products and services, thereby encouraging the readers to buy them. It is an Internet-based marketing technique through which e-commerce affiliates are rewarded for bringing in customers.
Wondering what an e-commerce affiliate is? A website that links back to an e-commerce site with the intent of gaining a commission for the referral, is known as an affiliate. They may mislead the readers through false advertisements. Moreover, he/she does not have to worry about customer support and record-keeping. Many shopping portals support price comparison services, whereby users can compare the cost-effectiveness of competitive products and services before the actual purchase.
Affiliate marketing has led to the emergence of several online companies and Internet marketers. Some businesses prefer to use personal websites to communicate with their potential customers. Adding more websites to an affiliate marketing program to cover a wider range of products and services can increase one’s earning potential. Internet serves as the most effective platform for business promotion as it can target a large customer base. All that an affiliate marketer needs to do is work towards promoting and reselling the product. Others create webpages which are aimed at manipulating the indexing strategies of search engines.
One of the major disadvantages here, is that the affiliates may indulge in illegal and unethical Internet advertising practices. Some affiliates tend to use email spam to promote their business. Illegal use of brand names and company logos is common in affiliate marketing.
Affiliate marketing does not conform to industry standards and lacks central regulation. They offer discounts and rebates to the customers who choose to buy online. Personal websites have in fact, been a major contributing factor to the emergence of affiliate marketing.
CDNOW was the first website to feature affiliate marketing. Affiliate marketing has given a new dimension to the online business arena. Its practices make use of social networking websites, online forums, and other aspects of the Internet for advertising their products and services. It was a music-oriented website that provided the Internet users with facilities to view lists of music videos and albums and also purchase the albums online. It is here to stay.
Advantages and Disadvantages
Comparison Shopping: There are several online shopping websites and shopping portals on the Internet. Gambling and retail industries were some of the prominent players in this field. Both business merchants and websites benefit from it, without any additional expenditure of time or money. As long as the consumers continue with online business transactions, there is no stopping for this type of marketing. Forums serve as online platforms for interaction with customers.
The potential of creating income is another important advantage of affiliate marketing.
Emails, Blogs, Forums: Small businesses often use email marketing techniques to achieve business promotion. Currently, there are no training courses or certifications for this type of marketing. Businesses can explain their business role and talk about their products and services through blogs. In fact, implementing affiliate marketing strategies does not require any technical expertise. Also, bloggers and members of online forums function as e-commerce affiliates.
Web 2.0 services such as social networking, blogging, and video sharing gave a further boost to the affiliate marketing industry. Soon, the e-commerce websites became a vital component of Internet marketing.
Pay-Per-Sale: In this method, for every sale resulting from the advertisements featured on an affiliate’s website, a share of the profit is given to the affiliate.
The rising popularity of online sale and purchase has resulted in the growth of this marketing sector. The cell phones business, finance sector, and the tourism industry are expected to reap the maximum benefits from affiliate marketing in the coming years. Rather, customers come searching for them.. Perhaps, there is a pressing need to standardize affiliate marketing strategies and practices.
An affiliate marketer does not require making huge investments. They use emails for developing customer relationships and obtaining customer feedback.
Pay-Per-Click: It refers to an Internet advertising model wherein an advertiser pays if a user clicks on an advertisement.
Affiliate marketing refers to the practice of business sharing between online businesses and online sales people. Merchants are not required to search for their customers. In this advertising technique, advertisements relevant to the web page content are displayed along with the content. In late 1994, the concept of revenue sharing evolved into Internet affiliate marketing.
Spamming is another major disadvantage. The percentage of the profits shared, depends on the amount of sales and the number of website hits
It didnt take any visible action against the gambling sites themselves.
In the U.S., sports betting is illegal in 46 states. It provides scant information about its owners, how it complies with local gambling laws, or whether it has any consumer protections in place. I fully trust this site since everyone in the community uses it, he said. CSGO Lounge reminds players to adhere to local gambling laws but doesnt use technology to restrict players based on geography, as many other gambling sites do. It bars U.S. But Valve is unique in letting players transfer their virtual possessions to third-party sites, many of which offer gambling.
Bets and trade proposals on the website CSGO Lounge.
Source: CSGO Lounge
Based in Bellevue, Wash., Valve is revered in the video game industry. The best way to get players deeply engaged in games, the company had determined, was to give away virtual items of random value and encourage a robust market to trade them. Gaming lawyers say Valve could be legally vulnerable; on the other hand, this is a rapidly changing area of the law with little established precedent.
In a handful of cases, judges have ruled that activities carried out entirely with virtual goods within video games shouldnt be considered gambling, because they have no connection to the real world. Theres no doubt that regulators will catch up with them, and it will be a sad day for the people who operate these sites, said Bryce Blum, general counsel for Unikrn, an e-sports gambling firm in Seattle thats licensed to operate somewhat like a traditional sports book in countries where sports gambling is regulated.
Unregulated gambling on sports is illegal almost everywhere in the world, and some lawyers say this qualifies. Sven is unperturbed. There are also ways to wager that have nothing to do with CS:GO contests. But the reference to black markets was prescient. The private company doesnt release sales figures, but researcher PrivCo estimates that in 2013 it made a $325 million profit on $1.6 billion in revenue. Gabe Newell, one of its co-founders and the public face of the company, is worth about $2.2 billion, according to Forbes. This is hugely successful for us.
Sven places his bets on an independent website called CSGO Lounge, the biggest destination for Counter-Strike skins gamblers.
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In-game purchases werent new, but the cash trade was Valves special twist.
For now, the unregulated guys are winning.
Morrison gets visibly worked up when discussing skins gambling. Underage gamblers are often unwittingly subsidized by their parents, because the skins theyre purchasing to bet with show up as charges on the Steam accounts. Because theres a liquid market to convert each gun or knife back into cash, laying a bet in skins is essentially the same as betting with real money. Valve employees also communicate with CSGO Lounge and have given technical support to the site, said Courtney Timpson, a community administrator and spokesman for CSGO Lounge. The company did not respond to repeated requests for comment for this story.
Gambling on Counter-Strike appeals to the games biggest fans: teenage boys. Davis declined an interview request for this story.
Buying and selling in-game stuff for real-world money has become a common feature of video games, and encouraging players to buy virtual merchandise has become a predominant business model for game companies. Another operates a game that looks like roulette.
When it introduced the skins, Valve said in an announcement that the online arms bazaar would let Counter-Strike players experience all the thrills of black-market weapons trafficking without any of the hanging around in darkened warehouses getting knifed to death. It was the latest in the aging Counter-Strike series and came out at a time when there was no shortage of other shoot-em-up games to choose from. Those companies aiming to develop regulated sports books cast a wary eye on skins gambling, which they see as illegal competition. The laws of California and Maryland do not trifle with play money. “We see more blogs popping up and more and more e-mails from our players saying, Im not really sure what happened but Ive been playing DotA for the last week or two, and I made $100 selling these items that I got. Watching digitally rendered humans shoot one another is relatively simple by comparison. There are teams, leagues, sponsorships, media deals, and, increasingly, money.
When Turner Broadcasting and its partners turned to e-sports to attract an audience that isnt watching much basic cable, they built their strategy around Counter-Strike. This is by design, he said. In the end, Valve banned seven players from events it sponsors, and forbade professional players and team staff from gambling on matches, associating with high-volume gamblers, or sharing inside information. People buy skins for cash, then use the skins to place online bets on pro CS:GO matches. He and his friends play CS:GO and watch pros play online.
Nothing about Counter-Strike is about the game anymore, says Moritz Maurer, head of e-sports integrity at gambling watchdog SportIM.
The growth in this kind of gambling tracks the growing popularity of e-sports.
Ryan Morrison is a lawyer in New York who specializes in legal issues related to video games. Obscured by several layers of abstraction, the wagering is tucked away in a subculture that most mainstream legal authorities dont know exists. I am shocked that they let this go on. Over the last four months, he says he has received more than two dozen inquiries from people who want to sue Valve after losing money gambling with skins. Even in the Internet age, there is a crucial distinction between that which is pretend and that which is real and true, U.S. (After leaving Valve, Varoufakis became Greeces minister of finance.)
At Valves 2014 developers conference, employee Kyle Davis explained the thinking behind the strategy. None of them would agree to speak to a reporter. It was supposed to be a joke. With familiar graphics and a spy-vs.-spy structure, CS:GO is far more accessible than fantasy games like League of Legends, which look like an incomprehensible frenzy of bizarre creatures casting spells on one another to the novice viewer. bettors. By one estimate, more than 3 million people wagered $2.3 billion worth of skins on the outcome of e-sports matches in 2015.
Reasonable people can debate whether competitive video gaming is a sport, but it has at least one thing in common with football, basketball, and soccer: People like to bet on the outcome. A tournament in early April sold out Nationwide Arena in Columbus, Ohio, where the NHLs Blue Jackets play, and generated 71 million online views over four days. Many of them are underage, and the biggest losses extend into the thousands of dollars. For CS:GO, the introduction of skins led to a thriving gambling market. Its all about betting and winning. More people visit the site from the U.S. Millions of people around the worldespecially boys and men under the age of 25now spend their free time watching young, headset-wearing players furiously type and click through online battles. Everything changed when Valve introduced something new: decorative virtual weapons, known as skins, that could be acquired in the game and sold for real money. At one point, Newell enlisted Greek economist Yanis Varoufakis to help with thorny issues like creating shared currencies between separate virtual economies.
. than any other country after Russia. Today, there are 380,000 people around the world playing the game at any given time. (In March, 38 million people visited the site, almost five times the traffic of popular online sports book Bovada.lv.) Every day brings a new series of matches, some of which draw action from tens of thousands of accounts. One of the most popular matches so far this year, a March contest between teams named Luminosity and Fnatic, drew almost $1.2 million in bets.
This kind of money is bound to cause temptation, and rumors of match fixing are rampant. Its even been recognized and helped by Valve. The highest levels of competition in pro gaming have already seen match fixing by people looking to profit from skins gambling. It makes a handful of popular games including the Defense of the Ancients (DotA) series, and runs Steam, an online marketplace that is to PC gaming what Apples App Store is to smartphone apps. Valve acts as if theyre a 10-person indie company, he said.
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This is not an accident. Ever since I have been betting, I have been playing less, he said. Earlier this year, reports of a particularly high-profile incident reached Valve, and the company contacted CSGO Lounge to help identify the culprits, according to Timpson. The gambling sites run on software built by Valve, and whenever CS:GO skins are sold, the game maker collects 15 percent of the money. Youre really hyped and hoping that your team will win. It can be hard to follow the action, but fans of traditional sports should recognize the basic structure. Sven said he first tried skins betting after a friend told him that people were making tens of thousands of dollars doing it, and his interest in CS:GO has shifted.
Gun skins for sale on the website CSGOStash.
Its not surprising that skins gambling has avoided legal scrutiny. The average match draws $134,000 in skins wagers, according to sports gambling watchdog SportIM, but some fetch much more. E-sports books and skins websites are active sponsors in the space. In May, TBS and WME/IMG will launch their own league for CS:GO, as the game is called, streaming games online and broadcasting them on TV on Friday nights.
The games current success has made it easy to forget that CS:GO wasnt an immediate hit for game maker Valve.
Valve takes its virtual economies seriously. Every kill they get, every round they win, you get way more excited.
The video game Counter-Strike: Global Offensive, in which players form teams of terrorists and counterinsurgents and shoot at one another, is a favorite of the professional e-sports circuit. Valve has not: Its software enables an explicit connection between in-game goods and off-line cash. After all, CSGO Lounge has one of the biggest names in video games in its corner. This, too, has contributed to Valves bottom line. Sven, a Dutch 16-year-old, is pretty typical. CSGO Lounge is one of the 700 most popular sites in the world.
Like the companies that have successfully defended themselves in court, other prominent game makers, including Zynga, Riot, and Activision Blizzard, have been aggressive about keeping virtual currencies separate from real ones. Within two years, the number of people playing CS:GO had grown 1,500 percent. One website runs multiple lottery-style contests per minute, where a players odds of winning rise with the value of the skins wagered. District Judge James Bredar wrote in October, dismissing a suit against mobile gaming company Machine Zone.
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CS:GOs popularity skyrocketed along with the skins gambling markets. There, users with names such as bulletpoint and ravenouskilljoy stake skins on pro teams. If something is wrong, dont post on the forums; contact Valve/Steam, the moderator writes. Valve has ferreted out cheaters at times, but it has not discouraged gambling on its games, nor made any attempt to prevent people from using its products as currency. The Valve logo is prominently displayed on the site, and in one post on its forum, a moderator addresses peopleespecially the younger audiencewho feel that they have been scammed. Turner and WME/IMG did not comment for this story.
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Promoters of pro gaming are widely interested in betting. Valve has sold 21 million copies of the game and made $567 million in total revenue from the title since it debuted almost four years ago, according to research firm SuperData, and a range of websites now let players trade or sell skins, or use them to gamble.
This kind of betting is far from mainstream, but plenty of people are figuring it out.
These sites, while independently run, use Valves software and pay out in skins
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