World's biggest gambler

Quote from toolazy:

you seem to have too much time over the weekend :)

go out and play. or devise trading plan for next week.
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You could have made over 50 Grand ($50.000) in less than 3 months just by following my Forex trades right here on E.T.

But I guess you were way too busy being, well, too lazy, as your handle suggests

Anyway.
 
Quote from xelite777:

You could have made over 50 Grand ($50.000) in less than 3 months just by following my Forex trades right here on E.T.

But I guess you were way too busy being, well, too lazy, as your handle suggests

Anyway.
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there is always time to improve.

what is your next trade ?

i'll be buying aud and gold on dips.
 
"A correlated parlay is essentially a bet that is tied into another, in that if one bets wins, it increases the odds of the other bet winning.

An example would be if you wanted to parlay a first half over bet to the game going over the total. Most, if not all, sportsbooks will not allow this type of wager because if you win your first half bet, the odds are greater that you will win your total wager for the game, as well."

I think he's talking about momentum trading and pyramiding.
 
Quote from billyjoerob:

"A correlated parlay is essentially a bet that is tied into another, in that if one bets wins, it increases the odds of the other bet winning.

An example would be if you wanted to parlay a first half over bet to the game going over the total. Most, if not all, sportsbooks will not allow this type of wager because if you win your first half bet, the odds are greater that you will win your total wager for the game, as well."

I think he's talking about momentum trading and pyramiding.
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not necessary. if one imposes model believed to be valid at time T on horses and it is confirmed with outcome then it is more likely model is actually correct therefore next outcome is more predictable.

Like play big if you winning, you know mood of market proven by winnings.
 
I understand the concept of parlay in football betting.
If you pick say 3 of 4 on sunday then you get to parlay (or roll) that win into the Monday night bet.

I was just wondering if there were similar over the counter parlays which made billionaires.




Quote from billyjoerob:

"A correlated parlay is essentially a bet that is tied into another, in that if one bets wins, it increases the odds of the other bet winning.

An example would be if you wanted to parlay a first half over bet to the game going over the total. Most, if not all, sportsbooks will not allow this type of wager because if you win your first half bet, the odds are greater that you will win your total wager for the game, as well."

I think he's talking about momentum trading and pyramiding.
More...
 
Quote from jem:

I understand the concept of parlay in football betting.
If you pick say 3 of 4 on sunday then you get to parlay (or roll) that win into the Monday night bet.

I was just wondering if there were similar over the counter parlays which made billionaires.
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How is that a correlated parlay? The 5 games are independent trials with no correlation whatsoever.

Sounds like they're offering the customers a chance to double-up with house money. In reality, they're offering a sucker bet to get their money back. The customers are too stupid to notice, thinking only about the remote possibility of significant gain instead of the high likelihood they lose it all...

But it's great marketing strategy to keep the solvent customers coming back...
 
my mistake, I was focusing on the parlay part I am still trying to find out about the correlated parlay part.

Quote from blah12345678:

How is that a correlated parlay? The 5 games are independent trials with no correlation whatsoever.

Sounds like they're offering the customers a chance to double-up with house money. In reality, they're offering a sucker bet to get their money back. The customers are too stupid to notice, thinking only about the remote possibility of significant gain instead of the high likelihood they lose it all...

But it's great marketing strategy to keep the solvent customers coming back...
More...
 
that tasmanian guy is a made up person, much like ronald mcdonald or EF Hutton--- made up by the tasmanian govt to market that artwork or whatever it is. Very transparent.
 
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http://www.worlds-greatest-gamblers.com/

http://www.smh.com.au/articles/2009/08/14/1249756405619.html?page=fullpage#contentSwap1

Earlier this week, however, Z made a rare visit to newsprint. Street Talk in The Australian Financial Review reported that the sale of Tote Tasmania "is believed to have attracted the interest of reclusive betting billionaire Zeljko Ranogajec and his associate, Tasmanian art dealer David Walsh.

"

Quote from di0genes:

that tasmanian guy is a made up person, much like ronald mcdonald or EF Hutton--- made up by the tasmanian govt to market that artwork or whatever it is. Very transparent.
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