The Ups and Downs of Arbitrage Betting and Trading

You can’t expect the results to even out among the bookmakers. Yet, my little experience has taught be enough to recommend anyone against arbitrage betting or trading. They are considering a career in arbitrage trading in particular.

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As quickly as possible, I had my Excel spreadsheet calculate the stakes and I submitted my bets concurrently at the two betting operators. Because that is when I was going to lose a hefty amount of my total bankroll! As I am not used to gamble with my money (I know, it sounds peculiar, but by the time gambling becomes an investing, you stop gambling with your money), I reluctantly gave away some of my future profits to cover the losses of a likely draw.

And that is when the emotion of relief converts into panic in a matter of nanoseconds!

Arbitrage betting is an almost risk-free way of betting on sports. That is because they have bet on every possible outcome of the game.

Given the infinite number of sports events around the globe, new opportunities for arbitrage betting will constantly arise, especially as more and more people are introduced to betting or gambling in general.

Don’t dig into arbitrage betting before reading of the disadvantages

100-winner-728-90-arbitrage-betting

A DRAW?

As I was getting really tired the past few weeks, surfing around looking for sure bets as they are commonly known, I had found a really generous one at a golf event. And no, the game did not end a draw but it still was a great lesson for me. Because I was going to get paid for sure, I had just bet on both golfers.

In my case the guaranteed profit was even better than that!

You must be quick to find arbitrage bets.

You must be super quick to find arbitrage bets. This funding will probably max out your credit card(s).

Constant money moving. Worst case scenario? To confiscate your money. Some still make a lot of money. No need to wait for the final whistle.

There is zero chance that arbitrageurs will lose money from the particular game. Yes, that’s happened before.

An arbitrageur has to open accounts with several betting or trading companies. Arbitrage trading is likewise an almost risk-free way of trading any kind of financial instrument. What’s that at Betfair? A third possible outcome you say?

But let’s just start from the advantages of arbitrage betting.

People usually focus on the bright side of any investment, like in arbitrage betting or trading. A lesson that made me withdraw all of my funds from all the bookmakers, except Betfair. Noticed the word “almost”? That is because you still stand to lose some money. As a result, they may limit the stakes they are accepting from you or even forbid you to continue betting with them. That was my first (and last) bet on a golf game.

The reason I am talking today about arbitrage, is an email I received from a visitor of my gambling blog. And I have heard that by the time you get to hear of that, it’s already too late.

Many bookmakers do not welcome bettors, who follow an arbitrage betting pattern. Yes, so quick that I had to write it twice for emphasis!

While there are services, which let you know when there is an arbitrage opportunity, they come at a cost. Thus, I think new arbitrageurs can be profitable even today.

By the time arbitrageurs have placed their bets, their profit is guaranteed. Here is why:

I spent the following 5 minutes deciding how to react. Moving money around does not only mean extra commissions with banks, but may also arise suspicions.

And last but not least, you can still lose big chunks of money if you don’t pay close attention when placing your arbitrage bets.

betting-odds-arbitrage-betting

If you are going to give arbitrage a shot after all, be very careful and begin betting or trading small. Usually the ROI of a sure bet is about 1 to 2%, although you may stand lucky occasionally and find a 4 or 5% gold mine!

Let me tell you my short story about when I finally decided to quit arbitrage betting.

People have made a lot of money in arbitrage. And two months later I began sports trading, leaving my arbitrage betting days behind.

WRITTEN BY

Jim Makos

By advantage gambling and investing with real money online, I put my money where my mouth is. I also write about my success or failure and run a small business.

I myself haven’t spent more than a month taking advantage of fluctuating odds and prices when trying out arbitrage. These accounts also need sufficient funding. Their sole worry is just how much money they can make but they neglect the fact that they can also lose money, even in this advertised as risk-free investment.. Keep your capital safe for when you are more experienced.

Oh, wait. I could let the specific bets as is and make a profit, unless the games ends a draw. Much like arbitrage bettors are looking at sports events, arbitrage traders do the same when trading stocks, forex, bonds, commodities, derivatives and other financial instruments, looking at the markets worldwide.

Two golfers were competing at a golf course, when I noticed the divergence of the betting odds between Betfair and another online bookmaker.

Of course, my bets now resulted to a loss, no matter the final outcome of the golf game. That was almost 10 years ago! So, yes, I am far from the arbitrage expert you were expecting to be talking here. What a relief! My bets were both accepted and I just had to wait for the game’s result before I got paid. Lessons can come cheap. At one point, an account of yours will be full of money, while the rest will be depleted. And that is not the worst thing it can happen in arbitrage.

These advantages apply as well to arbitrage trading

Casino-Gaming :: Where to Play Bingo

When the game is played for money, it is a game of gambling, although many people enjoy the game without the use of money. Land-based play in the United Kingdom, Australia and Ireland was based on the ninety number version.. No matter where the game is played, and whether it is played for real money or not, the game is fun and provides an enjoyable form of entertainment for people.

In the United States and elsewhere, people played the seventy-five number version in land-based play. This kind of site provides information about the games, special, promotions and other offers as well as the latest news in the bingo world.

IN 1996, bingo became available on the Internet. The player just dials the local number in whatever country she is in.

People who play bingo could play in various land-based environments. The cyber environment made the game available to people around the world. The game became popular as a form of church fund raising during the depression. Players need only a personal computer with a higher speed Internet hook up and membership in an online playing site, and today, there are hundreds of online playing sites to choose from. Player can also join a mobile bingo hall and play bingo on their cellular handset. There are bingo parlors in Nevada, Atlantic City and the various Indian Reservations where anyone can ply. In the United Kingdom many of the old dancing halls were converted into bingo halls that were based on membership until the new Gambling Act regulations became effective. This eliminates the element of human error and does away with the need for chips and markers. They were a popular form of entertainment for many players until the smoking ban became effective. Players have the opportunity to play both versions of the game on the Internet.

The popular game of bingo can be enjoyed in a variety of different ways. Most bingo is in the form of charitable fundraisers for churches and other organizations.

Today, many land-based bingo halls make the game available on hand held bingo machines. Sites are available in different languages and accept multiple currencies. Because of its use as a charitable fund raiser, bingo has been an acceptable form of gambling to most people. Players wanting more information about where to play bingo should consult a good informational bingo portal. Since many bingo players are smokers, they stopped attending the land-based session

The Top Free (and Not So Free) Las Vegas Activities

. They are choreographed to music and look especially cool at night, it is just absolutely amazing how powerful they are.  They typically go off every 30 minutes on the hour throughout the day and then every 15 minutes from 7pm to midnight, but it depends on the time of year as well.  They cycle through several different songs, so you could see multiple unique shows on any given day/night. 

I hope this article provides you with some ideas that you might not have thought about when considering a trip to Vegas.  As you can see, there is so much more to do in Vegas than gambling.  Be sure to get out there and experience all that Vegas has to offer.  And don’t forget to bring a nice comfortable pair of sneakers, a nice digital camera and some chapstick!  It is a desert after all and you’ll thank me later. 

If you have some extra time, you can take a quick trip off the strip to check out the Gold and Silver Pawn shop.  This is the pawn shop shown on the TV show Pawn Stars.  From what I understand there is usually a long line unless you get there early, so you have to be a fan of the show to make it worth while. Fountains, lasers, fire, steam and sound effects add to the excitement of the action. This high tech production is one of the most popular free shows in Las Vegas.  The show takes place next to the Cheesecake Factory in the Roman Great Hall and starts at 10am and runs every hour on the hour until 11pm or midnight. 

We did the Canyon Dream combo air/land tour of the South Rim of the Grand Canyon and it was amazing!  That moment when you first go from being over land to being over the Grand Canyon is absolutely breathtaking.  Pictures do not even begin to describe what an amazing experience it really is. 

Conservatory and Botanical Gardens at the Bellagio Hotel – Since you’re already at the Bellagio checking out the fountains, be sure to stop in afterwards and check out the botanical gardens.  They change the display to match the season.

The Fountains of Bellagio – No trip is complete without a trip to check out the fountains. Las Vegas has an almost unlimited supply of choices when it comes to shows and attractions.  They range from completely free all the way up to astronomical, depending on your budget.  There is definitely something for everyone.  If your time and budget allows, I’d recommend trying a little bit of everything. 

Vegas offers a suprising number of completely free attractions and activities, many of which are must see!  Definitely be sure to take advantage of everything Vegas has to offer.

If you are walking through Planet Hollywood at the top of the hour, you’ll experience a quick thunder and lighning storm as you walk through the Miracle Mile shops.

Freemont Street – Take a bus/cab ride down to old school Vegas!  Check out the huge overhead video screens that run the length of Freemont Street, wander around old Vegas landmark hotel/casinos like the Golden Nugget and you can now even Zipline right down Freemont street with the light show overhead!

If you’re a big fan of Vintage Pinball machines, you might also want to check out the Pinball Hall of Fame. 

One quick tip when you arrive at whatever hotel you choose is to try the $20 trick.  It is quite common/acceptable in Vegas to tip the front desk clerk when checking in and to ask them if they have any “complimentary upgrades” available.  If they are able to provide an upgrade,  they will in most cases as long as they are not fully booked.  Be friendly and nice about it and give them the $20 bill when you show them your ID and credit card. 

If you have the time, $ and desire, I highly recommend trying a Maverick Helicopter Tour of the Grand Canyon.  It is one of those once in a lifetime, bucket list items that you will remember for the rest of your life!  Neither one of us are a big fan of heights and my wife is not a huge fan of flying and it was no problem at all. 

I can confirm that this works especially well at the Bellagio, as both myself and a relative received a “complementary upgrade” from the standard room to a fountain view room in the Spa tower as shown below.  Your mileage may vary, but it’s certainly worth a shot! 

$20 Trick

The Bellagio Hotel is very centrally located in the heart of the strip and I would highly recommend staying there if it fits within your budget.  You can typically find unadvertised discounts on the Bellagio and other Vegas hotels online. 

Sirens of Treasure Island – This runs several times right along the strip at the Treasure Island Resort throughout the evening starting at 7pm and it is another must see freebie.  Be sure to get there early as the crowds gather around 30 minutes before show time.

Special Vegas Insider Tip

Rock and Roll Memoriabilia at the Hard Rock Casino

Maverick also does helicopter tours that take you right into the base of the Grand Canyon for a picnic lunch/champagne toast and others that take you white water rafting, day/night tours of the Vegas strip, etc.  There are so many options, it’s just a matter of picking one that meets your desire and budget. 

In addition to the shows, there are a few excursions I highly recommend considering.  One is the Hoover Dam.  If you go there it’s traditional to take the Dam Tour!  Another excursion many recommend is a trip to Red Rock Canyon.  Lots of beautiful red rock formations and it is only about a 20 minute drive. 

Maverick Helicopter Tour of the Grand Canyon

M&M World – 4 floors of everything chocolate and M&M specific.  Very neat place for kids and adults alike!

Not So Free Vegas Activities

Take a stroll through the Grand Canal Shoppes in the Venetian resort and feel as if you’re strolling along the canals in Venice Italy, complete with gondola rides! 

Safety is obviously the most important concern when doing something like this and Maverick has a stellar safety record and consistently amazing reviews from customers on all the review sites.  They are very professional, friendly and everything went off without a hitch.  Be sure to check out all the different tours Maverick offers and I would highly recommend booking as far in advance as possible, as they do sell out. 

The Mirage hotel has a Secret Garden and Dolphin Habitat, where you can come face to face with white lions, white tigers, panthers, leopards, and a family of Bottlenose Dolphin

Free Vegas Activities

There are a TON of shows you can see, way too many to list.  From headliner concerts, to Magicians, to several of the amazing acrobatic shows of the Cirque Du Soleil.  And of course there is the unique show combining percussion with colorful visuals and humor, The Blue Man Group. 

Despite the fact that Vegas is known for gambling, the city and surrounding area have so much more to offer.  I wanted to try and highlight some of the must see activities as well as some off the beaten path ideas that you might not have otherwise considered.   

While you’re down that way, be sure to check out the outdoor volcano at the Mirage.  It erupts every 15 minutes between 7pm and midnight.  

Atlantis Water Show – Forum Shops at Caesars Palace

This show features animatronic statues acting out the story of the fall of Atlantis

Nevada casinos hit by massive losses

Nevada’s casino industry lost $662 million last year, and has been in the red consistently for six years. “But gaming is lagging. That’s why we’re losing money.”

It’s a trend that began with the Great Recession in 2008.

The problem: Visitors are spending plenty on restaurants, booze and glitzy shows featuring Jennifer Lopez, Britney Spears and magician Criss Angel. “Basically, gaming (revenue) hasn’t quite caught up and non-gaming is leading.”

The good news is that the industry’s losses have been narrowing every year, and Lawton is optimistic that the Nevada casino industry will start making money again this year. But spending on actual gambling is way down, according to Mike Lawton, senior research analyst for the Gaming Control Board.

CNNMoney (New York) First published January 8, 2016: 5:12 PM ET

. That’s up from $21 billion in revenue for 2010.

Related: Steve Wynn: Macau casino crackdown ‘preposterous’

“More people are coming to Vegas, but they’re spending differently,” said Lawton.

It’s not that casinos don’t bring in plenty of cash. Things hit bottom in 2009 when the industry posted a staggering loss of $6.8 billion. And if people aren’t gambling as much, that means they’re not losing as much.

Related: More Atlantic City casinos may close

“The Strip is at an all-time high in revenue,” he said, driven by hotel rooms, the second biggest spending category behind gambling, as well as retail and entertainment. He said that Vegas expect to have 42 million visit in 2016, which would be a record. Nevada’s 271 casinos collected a hefty $24.6 billion in fiscal year 2015 (which ended June 30,) according to the state’s Gaming Control Board

FBI Probes NBA Referee’s Alleged Betting

“I think it’s a good thing that Las Vegas has the type of regulation that makes sure that bad things don’t happen.”

Benson said he didn’t work with Donaghy much.

Goodman argues that legalized gambling, monitored by the Nevada Gaming Commission, prevents these types of suspicious activities.

Kornegay said legal sports betting in Nevada represents a fraction of sports betting worldwide, with 98.5 percent of all action taken outside the state. “Those are people that you work with and that you literally — you spend more time with those people than you do with your family.”

The investigation first was reported Friday by the New York Post.

“We would like to assure our fans that no amount of effort, time or personnel is being spared to assist in this investigation, to bring to justice an individual who has betrayed the most sacred trust in professional sports, and to take the necessary steps to protect against this ever happening again.”

“Whispers would have happened on the street, and we would have heard something,” Kornegay said. The NBA, for example, discusses gambling at rookie orientation, even bringing in former mobster Michael Franceze to speak.

Defense attorney John Lauro confirmed Donaghy is under investigation but refused to comment on the allegations or the case.

“We haven’t seen anything like that in the NBA that I can remember,” he said, “and we haven’t been contacted by anybody.”

The FBI probe, which began recently, also involves allegations that the referee had connections to organized crime associates. Clayton cited a 2005 estimate by the National Gambling Impact Study Commission that found $380 billion is wagered on illegal sports betting, compared with $2.25 billion in legal sports betting in Nevada.

Jay Kornegay, executive director of the sports book at the Las Vegas Hilton, said he had never seen any unusual activity in NBA betting, and was surprised not to have heard about an investigation until Friday.

According to the Elias Sports Bureau, Donaghy officiated 68 games in the 2005-06 season and 63 games in 2006-07. … “Any type of suspicious or unusual movements, you usually hear in the industry. We’re so regulated and policed, any kind of suspicion would be discussed.

The referee had a gambling problem, according to the official, and was approached by low-level mob associates through an acquaintance.

“At this point, it’s too early to know if any games were affected,” Avello said, adding that no regulators or investigators had contacted him about the case.

According to a law enforcement official, authorities are examining whether the referee made calls to affect the point spread in games on which he or associates had wagered.

“We’re the only regulatory agency in the world that really looks at unusual activity as far as the movement of the line and that type of conduct,” he said. “However, we will continue to monitor them to ascertain whether there is any connection to Nevada’s licensed sports books.”

“As we previously stated, we have been cooperating with the FBI in their investigation of allegations that a single NBA referee bet on NBA games that he officiated,” commissioner David Stern said in a statement Friday afternoon.

“I’m shocked, terribly shocked,” said Gary Benson, an NBA official for 17 years who retired two years ago because of knee problems.

The law enforcement official, who spoke to the AP on Friday on condition of anonymity, said the referee was aware of the investigation and had made arrangements to surrender as early as next week to face charges. He also worked 20 playoff games, including five last season.

Although asked by the government not to comment, Stern said the naming of Donaghy prompted a fuller statement.

Gambling long has been a problem in sports, and leagues have made a point of educating players of the potential pitfalls. Other arrests are expected, the official said.

The law enforcement official said the bets involved thousands of dollars and were made on games during the 2005-2006 and 2006-2007 seasons.

. The official, who did not identify the referee, is familiar with the investigation but was not authorized to speak publicly about the ongoing investigation.

Nevada gambling regulators were not involved in an investigation and had no information about the allegations, said Jerry Markling, enforcement chief for the state Gaming Commission and Gaming Control Board.

“You have a lot of acquaintances and very few friends. I probably worked a handful of games with him overall, just a handful.”

Veteran oddsmaker John Avello, at the Wynn resort on the Las Vegas Strip, said that without specific information it would be difficult to identify wagering irregularities over the last two seasons.

NEW YORK –  The FBI is investigating allegations that veteran NBA referee Tim Donaghy bet on basketball games over the past two seasons, including ones in which he officiated.

NBA commissioner David Stern had long objected to putting a team in Las Vegas because it permits betting on basketball, though earlier this year allowed Mayor Oscar Goodman to submit a proposal to owners on how the city would handle wagering on a team if it moved there.

Markling, in Las Vegas, said he learned of the probe from news accounts.

“The allegations were new to us,” said Mark Clayton, a control board member

NHL awards expansion franchise to Las Vegas

We’ll leave no stone unturned in our dedication, in our pursuit of hockey for Las Vegas, not just for our team, but for the community.”

The National Hockey League’s 31st franchise will play in Las Vegas beginning in 2017, Commissioner Gary Bettman announced Wednesday.

With nearly 2.2 million people in the last census, Las Vegas is the largest population center in the U.S. Concerns about the Canadian dollar’s fluctuation, the stress of a two-team expansion draft and the league’s desire to correct its geographical imbalance — the Eastern Conference already has 16 teams, while Las Vegas will be the 15th in the West — prompted the governors to go with Las Vegas alone.

“There is no doubt as to the passion for hockey in Quebec City,” Bettman said. These components, the ones within the control of the Quebec City applicant, are first-rate.”

Foley realizes his team might not be alone in Vegas for long. without a team in the major professional sports. “I’m an Army guy, but maybe that’s not the right name for the team at this time. We’re going to work through the league.”

Sports leagues once rejected the city outright due to concerns about corruption from Vegas’ massive sports betting economy, but the NHL and the NFL no longer share those worries, with Bettman calling his sport “less susceptible” to gambling interests due to the small volume of bets placed on hockey.

Bettman said the league made the move largely due to the persistence and strength of the ownership group led by Foley, a financial services tycoon, who has been working on the idea for three years. He has strongly considered the Black Knights, a name that has special meaning to Foley, a West Point graduate.

Bettman strongly praised the bid backed by telecommunications giant Quebecor to return the league to Quebec City, the former home of the Quebec Nordiques. Oakland Raiders owner Mark Davis is interested in partnering with Vegas interests to build an enormous domed football stadium for his team.

“I think the NFL would be great here,” Foley said. “We’re dedicated to it. “They have a different fan base than we do.

“We won’t sell out every game with season-ticket holders, but I believe it’s going to be 85 percent, 90 percent (filled by season ticket holders),” Foley said.

Foley’s also bid had the enormous advantage of an NHL-ready arena built with private funding and eager for a flagship tenant. Foley is joined by minority partners Joe and Gavin Maloof, the former owners of the NBA’s Sacramento Kings.

Although ice doesn’t last long in the desert, Las Vegas has had an appetite for hockey since the Kings and New York Rangers played a memorable outdoor exhibition game here in 1991. Foley announced plans to devote considerable resources to building community interest in youth hockey, including a two-rink team training complex that will be “open to all.”

“I love Black Knights,” Foley said. The IHL’s Las Vegas Thunder sometimes drew more fans than UNLV’s beloved basketball team at the Thomas and Mack Arena in the 1990s, and the Minnesota Wild’s Jason Zucker leads a handful of locals who went on to hockey careers.

On a 109-degree day in the Mojave Desert’s gambling mecca, the NHL’s Board of Governors awarded the team to billionaire businessman Bill Foley, who is expected to pay $500 million to the NHL’s other owners as an expansion fee. Vegas was an economic boomtown in the previous decade, and the NHL is betting that its slowed growth hasn’t curbed the city’s appetite for sports and spectacles.

Along with a top-six pick in next year’s draft, the Vegas franchise will be stocked by a June 2017 expansion draft that will be more favorable than previous drafts, theoretically allowing Foley’s team to become competitive more quickly. “There is no doubt as to the suitability of the Videotron Centre as a home for a team, and there is no doubt regarding the ownership credentials or the eagerness to own a team of Quebecor, which has been an outstanding partner. I don’t think it will affect us.”

“We want everyone to be a fan,” said Foley, who fell in love with pond hockey while growing up in Canada. The new team will play in T-Mobile Arena, the $375 million building that opened just off the Las Vegas Strip in April.

“We think this is a tremendously exciting opportunity, not just for Las Vegas, but for the league as well,” Bettman said, calling Las Vegas “a vibrant, growing, global destination city.”

The NHL is expanding for the first time since 2000, when Minnesota and Columbus each paid $80 million to join the league.

. Foley has already accepted more than 14,000 season ticket deposits and sold out all 44 suites in the 17,500-seat rink built by MGM Resorts International and Anschutz Entertainment Group, which owns the Los Angeles Kings.

The Associated Press contributed to this report.

Bettman also announced that an expansion bid from Quebec City was “deferred” indefinitely, allowing Las Vegas to enter the league alone in the Pacific Division. Las Vegas will have four nearby rivals — at least by West Coast standards: the league’s three California teams and the Arizona Coyotes.

The endurance of that appetite will depend on Foley’s ability to keep fans excited about the newest show in town, but the NHL seems confident it’s getting in early to a growing market. The league’s alignment and playoff format won’t change.

Foley hasn’t decided on a nickname or logo for his team, but an announcement could be made in the next few weeks

10 Steps You Can Take To Stop Gambling Today

STEP 7: REMIND YOURSELF WHY YOU’RE STOPPING, & FOR WHO.

Make a list of the people you love & love you back. Know what to do & who to call if a thought or urges to gamble hits you….(and unfortunately they will).. If needed, list them out. Carry only a very small budget for food each day and thats it.( absolutely no more than $5). Put up pictures of them & when you see it, remember that’s who you’re stopping for.

Recognize that if you gamble, you’re letting them down.

Remind yourself of all the bad things that have been caused by your obsession to gamble. In the moment, you’ll want a plan of action to take when the urge to gamble attempts to overwhelm you.

There is but one good throw upon the dice, which is, to throw them away. He is an author, life coach, sponsor, & former GA chapter president, husband, & stepfather.

STEP 5: CARRY RESOURCES WITH YOU AT ALL TIMES

Get or print off pro gambling recovery literature & carry it with you at all times.

Read it daily, especially in first months. You trust that the program will solve your gambling problem, as long as you never give up on it.

STEP 1: GET RID OF YOUR MONEY

If you want to stop gambling right now, the first step begins by stopping to carry money.

STEP 8: STAY HOPEFUL

Only those who never give up on themselves & their program of recovery beat gambling. (Email the author at jason@livegamblefree.com for online communities you can join today). The only time casinos won’t let you gamble, is when you don’t have what they want……money.

STEP 3: JOIN A COMMUNITY OF RECOVERING GAMBLERS

Recovering in numbers is key. Have phone numbers listed for people to call who support you in your recovery. This includes credit cards, debit cards, access to bank accounts, checks, loans, etc. A gambling problem is very strong, plays many tricks on on our minds, & tries to convince us of many lies. Good help seems to come from ex-gamblers themselves because they’ve been there, & they understand. You help yourself and others triumph over a common enemy. If you gamble online, get gamblock today.

When you absolutely must stop gambling right now, here are 10 steps you can take today.

STEP 10: GET 1 ON 1 SUPPORT.

Stopping Gambling isn’t easy. It may sound funny, but joining a group of fellow recovering gamblers gives you strength & power over your gambling. If you want to stop starting right now, block all access to money. Its best to find someone who’s been in your shoes, but hasn’t gambled in quite some time.

Make sure you like them, they have your best interest in mind, & truly do help you. Know that if they can do it, you can too. You make lifelong friends who will always understand and care.

This step can be done by attending Gamblers Anonymous, Celebrate Recovery, & finding online support and help. Combat this with the previous 9 steps & a one on one coach, sponsor, or therapist. -Author Unknown.

STEP 2: GET HELP TODAY

To overcome something as powerful as a gambling problem or addiction, we must get help from others.

Help is out there in many forms. Gamblers Anonymous is one. Know that there are 1000′s of recovering gamblers. (because it is the truth).

These 10 steps are an excellent start to stopping gambling today.

If you have any unanswered questions or need to be pointed in the right direction email jason@livegamblefree.com

STEP 6: BAN YOURSELF FROM GAMBLING (ONLINE AND OFF)

If you go to a local casino, take a caring friend and ban yourself for life.

If you play online, contact the online casino and have your account closed permanently, & demand to be banned from their site. Call them ANYTIME you need to. Connect your gambling with the the negative consequences its brought into your life.

Author’s Bio: 

STEP 9: HAVE A PLAN IN PLACE FOR YOUR NEXT URGE

When your next urge comes, what will you do? You’ll need to know the answer to this. Carrying recovery reading & phone numbers help. There are therapists, counselors, & life coaches out there trained to help you stop. Inpatient Treatment is another. There are 1000′s of people who once were severely addicted to gambling, haven’t gambled for months and even years. He’s overcome his own addiction to gambling & has helped many others do the same.

STEP 4: SUBMIT YOURSELF TO A PROGRAM OF RECOVERY

What does this mean exactly? It means you must submit,commit, & trust in the program of recovery you choose. Don’t know where to turn to for help? Email jason@livegamblefree.com

To learn the secrets to stopping gambling now, & to get 1 on 1 coaching from Jason visit http://www.livegamblefree.com or email Jason at jason@livegamblefree.com

Jason is a recovered compulsive gambler of over 5 years and a certified professional life coach. In the beginning the constant thoughts and urges to gamble can be intense

NBA bets on winning back fans | Reuters

Over the last decade, none have been better at collecting championships than the San Antonio Spurs, who enter the new campaign seeking their fifth title in 10 years.

Referee Tim Donaghy’ admission he bet on games he officiated and passed on inside information to bookies has inflicted severe damage to the NBA’s credibility with the toll likely to mount as investigations continue.

The night’s other matchup will see two of the league’s marketing dynamos clash when Kobe Bryant and the Los Angeles Lakers host Yao Ming and the Houston Rockets.

Trade rumors have once again started to circulate, the Chicago Bulls reportedly making another bid for Bryant.

After spending much of summer demanding a trade, Bryant is expected to be on the floor for the Lakers despite a wrist injury that kept him out of the team’s final exhibition contest.

The Miami Heat and Detroit Pistons also look ready to figure into the Eastern Conference battle.

In Dwyane Wade and Shaquille O’Neal the Miami Heat still pack the NBA’s best one-two punch and if the two all-stars can stay healthy another championship could be headed to South Florida.

San Antonio will be part of the opening night action against the Portland Trail Blazers and the Utah Jazz take on the Golden State Warriors.

While restoring integrity will be the NBA’s newest priority, the goal for the league’s 30 teams remains the same — winning a title.

Garnett, who came to Boston in a blockbuster trade with the Minnesota Timberwolves, joins Ray Allen and Paul Pierce in Beantown, instantly transforming the crumbling Celtics into championship contenders.

By Steve Keating

| NEW YORK

NEW YORK After a summer spent expanding its global brand with exhibition games from Shanghai to Rome, the NBA opens a new season on Tuesday looking to win back home fans following a gambling scandal which rocked the sport to its core.

Yao, however, could be in for some stiff competition off the court following the arrival of compatriot Yi Jianlian, who has hogged the international spotlight since the Milwaukee Bucks took the seven-footer with the sixth overall selection in this year’s draft.

The aging Spurs will have a familiar look with 12 players back from last year’s squad, former league and playoff MVP Tim Duncan leading an all-star international cast that includes Frenchman Tony Parker and Argentine Manu Ginobili.

NBA commissioner David Stern dismissed the incident as nothing more than a rogue employee but the league must now concentrate on regaining the confidence of American and Canadian fans instead of wooing interest abroad.

Stung by the failure, James dedicated himself to an off-season of intense training in his bid to guide the Cavaliers to the championship and secure his place among the game’s greats.

There appears, however, to be a new powerhouse taking shape in the Eastern Conference with 10-times all-star Kevin Garnett’s arrival in Boston.

The Phoenix Suns and their high-octane offence led by twice MVP Steve Nash, once again look the best in the West alongside the Spurs and Dallas Mavericks.

LeBron James is no stranger to the spotlight and is certain to be the focus of attention again after leading the Cavaliers to the NBA finals for the first time last year only to be swept in four games by the Spurs.

Since the Rockets made Yao the top selection in the 2002 NBA draft, the towering 7ft 6ins center has blossomed into one of the NBA’s most dominant players and one of world’s most recognizable athletes.

Sports betting vs. the stock market: Which is riskier?

CNNMoney (New York) First published August 31, 2014: 8:14 AM ET

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“A large, steady company has a low chance of plummeting and causing you to lose all your money, but even Peyton Manning doesn’t cover the spread sometimes,” he said. For example, a stop-loss order instructs a broker to dump a stock when it tumbles below a specific price.

“Betting is more difficult and riskier,” said one resident of Hoboken, New Jersey, who bets on illegal gambling sites and also invests in stocks.

Related: How $2 billion Clippers bet could pay off

Gamblers and investors also have far different time horizons. People often invest in funds that buy dozens or even hundreds of stocks, which helps reduce the risk.

“You can hold onto your betting tickets all your life, but you’re not going to get squat,” said Stovall. Gambling on sports may be more fun, but it’s definitely a more risky use of money than putting it in the stock market.

That’s the percentage of time that Stovall’s research shows the S&P 500 — the gold standard in the stock market — has increased in value during the years since 1926.

Even the unlucky investors who jumped into the market at its peak in October 2007 eventually made their money back when stocks reclaimed their pre-recession levels in 2013. Gambling on football star Peyton Manning to win might seem like a safe bet, especially compared with picking winners in the stock market. He asked for his identity to be withheld due to legal concerns.

Related: Apple and 9 other stocks hit new records

Investors also have the ability to spread their money out among many stocks.

All or nothing: Gambling on sports tends to be a zero-sum game.

The same can’t be said for those who bet big on the Denver Broncos last Super Bowl. And in neither instance can you be guaranteed to be correct,” said Randall Fine, managing director of The Fine Point Group, one of the casino industry’s largest consulting firms. The stock might go up and down some, but it typically doesn’t go to zero. While many stocks offer steady returns, investors sometimes hit the jackpot (think: buying Apple back in early 2009 or Tesla in 2012).

A stock can theoretically be held onto for an infinite amount of time, but a sports bet can end in the blink of an eye.

At the same time, investing in stocks actually carries higher upside potential.

And investors have greater access to tools that can minimize the risk of losing money.

“A lot of people regard investing as gambling, but I frequently say no.

“You’re making a wager based on some facts and some intuitions.

Manning is really, really good at what he does for a living.

Such hedging tools are not as readily or even feasible to sports gamblers, Fine said.

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But don’t let those similarities fool you.

Those are pretty good odds.

To put it another way, the stock market is a lot more forgiving than the MGM Grand (let alone your local sports bookie). A bettor gambling on the Green Bay Packers will instantly lose his or her entire $500 bet if Aaron Rodgers and his teammates fail to win or cover the spread.

They both believe they can predict the future, and they sometimes fall into the trap of making decisions with their hearts instead of their brains.

In the long run, investors have the chance to make more money because there are fewer downside risks.

However, someone sinking $500 into Apple stock has little risk of losing that entire initial investment, especially in the short term. Which casino in Atlantic City, Las Vegas or Macau pays the bettor 73% of the time?” said Sam Stovall, chief investment strategist at S&P Capital IQ.

But take it from one person who has lots of experience in both worlds. And of course, they both hate to lose.

Related: 4 reasons September could be good for stocks

The betting appeal: Americans bet an estimated $380 billion each year on sports. It’s easy to see why fans may be tempted to gamble on their favorite teams and athletes. Heck, even his commercials are funny

5 Types Of Online Games

No doubt, the best available online games are the ones that allow minimal personal input from the user and allow free play, unless more participation is accepted and wanted by the user.

By: kizziewfknudson

“Battle Forge” is a card based strategy and MMOG game. Real online gambling can be fun too, however that is another topic that needs its own precautions and safeties.

2. First-person Shooter – Battle Forge

Almost all games that are extremely popular have moved from the two dimensional side scrolling action to full 3D, allowing the player to take full advantage of their hardware and play in amazingly rendered environments.

5. Racing/Simulation

3. Adult/Gambling/Erotic

Article Directory: http://www.articledashboard.com.

There are various resources for finding and playing an assortment of online games available to the web crawler today. Games like “Battle forge” and “Battlefield Heroes” for example, allow the players to join and play for free, with “perks” being the addition of customizations purchased from the developers for points, in exchange for money; much like Microsoft’s point system. “Battlefield Heroes” is a first person / MMOG game that has evolved to incorporate role-playing and customization to enhance the online experience of the players as well as provide them with a unique online presence.

An example of an interesting 3d adult online games are hentai games

MMOG or (Massively Multiplayer Online Games) are extremely popular and you can now join for free and play many of them. The 5 basic game types available online to the web crawler to enjoy are;

1. MMOG (Massively Multiplayer Online Game)/role-playing

4. Puzzle/Strategy

Adult/gambling/erotic games are also gaining ground online, as most things in this genre live on the web these days. Any gambling game that allows you to play for an imaginary amount of money is a great site to rid yourself of those gambling urges.

Gambling games are self explanatory. Some developers realized that there are adults who surf the web and may need a fifteen minute break here and there. These hybrid games are evolving because the niches for a specific brand is small and many players look for as many facets of gaming in one source to enjoy. A great example of a quick and fun online game in many of the above genres including racing and simulation are the games provided to Facebook by Zynga games. Companies are growing ever more aware of the increasing popularity of online gaming seeing that many web users are taking full advantage, playing and entertaining themselves online.

Racing/simulation games are often one and the same as a hybrid racing game and most online games allow you to customize your vehicle, race, earn cash, gas, and other strategic factors to play their game. However not all adult games have to be raunchy and distasteful. Games like strip poker, date games and other 3D anime/hentai like games are very popular for the 18+ crowd. These online games are quick and fun to play and are simple yet addicting.

In the multi-billion dollar industry of gaming, online games have a real small place in which to grow, however their presence remains ever expanding and there are always going to be new and fancier games almost daily to locate and play on the expanse known to the world as the “web”