Using E- mini YM and ES purely as Gambling entertainement for friends and family.

john99 · Mar 9, 2007

Reminds me of the story in "Liars poker".

I think your idea might work, but things could get heated when people start doubling up and don't know when to quit.

If you do it, let us know how it works out. It sounds interesting to me.

feb2865 · Mar 9, 2007

Quote from Pekelo:

They should bet against each other. This way it is a zero sum game among friends, just like a friendly poker.

I second that. Just make sure you put out some rules like not doubling up, etc.

I think would be interesting

bsparkyman · Mar 9, 2007

Table games and sports book has a built in statistical edge. You can't just take even bets and expect to make money. In the long run it is like flipping a coin.

Dr.Greenback · Mar 9, 2007

Quote from jimmygold:

My two buddies loved it. We had my large Monitor out on the deck overlookig the canyon. And we actually got in the hottub right next to it while we were watching it.

I'm sorry but something about the above statement is a little too freaky for me if you know what I mean

Anyway, is this post serious because it makes no sense. Or, is this one of those ET paradoxically threads that riddles some hidden message

You can lose money in a lot of other ways that's more fun than trading ES.

Neet · Mar 9, 2007

We need more newbies in the market, by all means, invite them.

Hedge22 · Mar 10, 2007

So do you typically trade from your deck during the day? Sounds like a great set up, wish i could do the same.

trader28 · Mar 10, 2007

"They came by the crib"?

Did you supply the crack and meth or was it byo?

jimmygold · Mar 10, 2007

Quote from Hedge22:

So do you typically trade from your deck during the day? Sounds like a great set up, wish i could do the same.

Yeah. Most days from March til November I will be out there. I got a couple of Laptops with the Verizon Wireless card set up in each one. Tanning and Trading is a good tandem.
Also I have a Cave on my property down in the Ravine and I will go back up in there someimes and lean up next to this humongous beautiful stalictite and start trading E minis in the dark with just a flashlight. Pretty cool and it gives me a different perspective in trading.
And many days I will go to the Beach and trade.Its great because anywhere I can use cell phone I can get Internet with this Verizon Card. $59 a month for each one to get Mobile Internet.

mjh · Mar 10, 2007

Quote from jimmygold:

My two buddies loved it. We had my large Monitor out on the deck overlookig the canyon. And we actually got in the hottub right next to it while we were watching it. They loved it and want to wager bets on movement.
Boring ?? I dont know you tell me. It seems like a potential demand there if you have the right atmosphere and setting !!

Just look at Slots. Boring as hell. But in the right atmosphere and the potential of making money, well it lures millions of people to them each year.

Hmmmm. The way you describe the "setting" in the hot tub "overlooking the canyon" has all the makings of a gay porno.
Yikes.

Businessman · Mar 10, 2007

If you want evening action, it would have to be asian markets.

Nikkie or Kospi futures.

Its a shame you are in the US as online betting is prohibited, in the UK there are countless online bookies that will take other side of the bet and provide all sorts of derivative action.

For example you can bet will the DOW be up or down in the next 20 minutes.

The odds start at almost 50:50 (less the bookies spread) but change through out the 20 minute period and you can bet upto the last minute.

However you cant use these sites unless you can get someone outside the US to open an account for you. And you probably have to use a PC that doesnt have an IP address orgininating from the US.