betting exchange

Can I use Betdaq from the USA?

Does the betting exchange Betdaq work from the USA? I know you can't deposit cash, but if I already have an account and cash is in there, will I be able to access the website and make a bet from the USA?

No, the United States is restricted from betting.

Betfair System - Exchange Games Poker & Blackjack System

Is it legal for U.S. citizens to trade futures on the Irish prediction exchange Intrade.com?

The SAFE Port Act seems to suggest it isn't, or at least that it's illegal for a U.S. bank to fund your account.

Personally, I think that if your state has a prohibition on gambling, then you could be in serious trouble here. You need to do individual state research. There is some federal law which also appears to go against you. The odds are NOT in your favor. There has been no dispositive case law for this exact issue, but similar issues are generally negative.

Betting Exchange is a post from: Ultimate Betting Strategy

betting exchange

Do you think it is possible to make a living out of Betting Exchanges?

e.g. like using Betfair to trade on sporting events?

Yes, if and it's a big IF:
(a) you have enough capital in order to make big enough punts that will earn you more than enough to live comfortably;
(b) you have a trading system that makes more hits than misses;
(c) you have the mental and psychological fortitude to cut losses short when your system tells you are wrong;
(d) you have had many years (at least 5) of experience punting in equities and futures markets and know where you went wrong in your trades.

I can add a lot more to this above list but if you can't give a positive answer to any of the above, then it's NOT POSSIBLE because the odds will be, like bets in the casino, stacked heavily against you.

Making money in low liquidity markets - Trading on betting exchanges

Is it legal in Taiwan and/or South Korea to bet on the betting exchanges ?

I know of some betting exchanges that accept credit cards from these two countries, but is it legal to bet on the exchanges from Taiwan and / or South Korea?

I highly recommend you check out BetJamaica.

New signups and those who have never funded their account can enjoy our standard 20% Cash Bonus , plus we'll add a $50 FreePlay to your account on deposits of $300 or more.

If you're looking to try us first, deposit $100 and we will give you a matching $100 FreePlay. We know you're going like wagering at BetJamaica and our lightning fast payouts.

http://www.betjamaica.com/default.aspx?ZID=N825

Betting Exchange is a post from: Ultimate Betting Strategy

betting exchange

What is the difference between a Exchange traded fund and a index fund?

I am 21 and i ma looking to put my money back to work for me this year. I was told that my best bet is to invest in a index fund that track the S&P 500. However i am also being told that Exchange traded funds (EFT) are the way to go. I would like to know what is the main differences between the two. Any help at all would be greatly appreciated.

An ETF is an index fund as it holds a basket of stocks reflecting a particular index or sector. It can be bought or sold at any time during the day on the open market, and typically charges a fairly low amount for the management. Typically you might buy shares in an ETF, and 100 is the round lot multiple which is most easily traded, although many ETFs trade enough shares that you can get lower multiples traded as well. (eg. 83 shares at $12 for about $996). You'll pay a commission for each transaction, the amount varying with the brokerage you do business with.

If you're referring to index fund as a mutual fund which tracks an index, it its price is typically set at the end of the day, and can only be sold or bought at the end of day price. Depending on the company that manages this fund, the expense for doing so are typically higher than that of ETFs. The advantage of a mutual fund is that you may just decide to put, say $1000 into it and they'll divide up the number of shares that represents and you'd get the exact amount. The expenses are hidden and subtracted from the returns the fund generates (as with the ETF).

Oddsmatcher from bet72.com - The Home of Risk Free Betting

Do any online bookmakers allow "place only" bets for UK horse races?

Online bookmakers only seem to offer "each way" bets on UK horse races. I know betting exchanges like Betfair & Betdaq do "place only" bets but cant find any bookmakers that do them.

try paddypower.com

Betting Exchange is a post from: Ultimate Betting Strategy

betting exchange

Is it legal to create a betting exchange website for financial market in the United States?

Betting exchange is a peer-to-peer gambling website acting as a broker between parties for the placement of bets. I have seen websites like Betfair.com, but it doesn't include a section for bets in financial market.

im not sure if your've thought this through.... the financial market is already all about peer to peer betting.... thats what contract trading and speculating is all about.

Look up futures, short selling, cfds, index futures, options... theres quite alot of exotic gambles you can already make.

The international financial market is already the greatest casino man has ever devised.

Trading on Betfair & Bet Angel - Letting your profits run

wat is the difference bet an Exchange traded fund & Mutual fund?

Exchange-traded funds (or ETFs) are open ended mutual funds that can be traded at any time throughout the course of the day. Typically, ETFs try to replicate a stock market index such as the S&P 500 (.INX) or the Hang Seng Index, a market sector such as energy or technology, or a commodity such as gold or petroleum; However, as ETFs proliferated in 2006 from under one hundred in number to almost four hundred by the end of the year, the trend has been away from these simpler index-tracking funds to intellidexes and other proprietary groupings of stocks.

The legal structure and makeup varies around the world, however the major common features include:

An exchange listing and ability to trade continually;
They are index-linked rather than actively managed;
Through dynamic and quantitative strategies, these can be dynamic rather than static indexing strategies
The ability to handle contributions and redemptions on an in-kind basis (typically in large blocks of shares only); and
Their 'value' (but not necessarily the price at which they trade—they can trade at a 'premium' or 'discount' to the 'underlying' assets' value) derives from the value of the 'underlying' assets comprising the fund.
These qualities provide ETFs with some significant advantages compared with traditional open-ended collective investments. The ETF structure allows for a diversified, low cost, low turnover index investment. This appeals to both institutional and retail investors both for long term holding and for selling short and hedging strategies.

A mutual fund is a form of collective investments that pools money from many investors and invests their money in stocks, bonds, short-term money market instruments, and/or other securities.[1] In a mutual fund, the fund manager who is also known as the portfolio manager, trades the fund's underlying securities, realizing capital gains or losses, and collects the dividend or interest income. The investment proceeds are then passed along to the individual investors. The value of a share of the mutual fund, known as the net asset value per share (NAV), is calculated daily based on the total value of the fund divided by the number of shares currently issued and outstanding.

Legally known as an "open-end company" under the Investment Company Act of 1940 (the primary regulatory statute governing investment companies), a mutual fund is one of three basic types of investment companies available in the United States.[2] Outside of the United States (with the exception of Canada, which follows the U.S. model), mutual fund is a generic term for various types of collective investment vehicle. In the United Kingdom and western Europe (including offshore jurisdictions), other forms of collective investment vehicle are prevalent, including unit trusts, open-ended investment companies (OEICs), SICAVs and unitized insurance funds.

In Australia the term "mutual fund" is generally not used; the name "managed fund" is used instead. However, "managed fund" is somewhat generic as the definition of a managed fund in Australia is any vehicle in which investors' money is managed by a third party (NB: usually an investment professional or organization). Most managed funds are open-ended (i.e., there is no established maximum number of shares that can be issued); however, this need not be the case. Additionally the Australian government introduced a compulsory superannuation/pension scheme which, although strictly speaking a managed fund, is rarely identified by this term and is instead called a "superannuation fund" because of its special tax concessions and restrictions on when money invested in it can be accessed.

Betting Exchange is a post from: Ultimate Betting Strategy

betting exchange

How do feel about the record bonuses of Goldman-Sachs due to fact that were the main culprits?

Of the financial meltdown because of their risky behaviour in the derivatives exchange. They knew that this would happen and did nothing about it, they only escalate it, and bet on it.
I know that they didn't receive a bailout, but they cheated millions of people of a lot hard earned money, don't they bare some responsibilty?

Oh, they DID receive a huge bailout (10 billion dollars!), and they were the main beneficiary of the bailout of AIG (another 12.9 BiLLION!) and I think it's an outrage! The outrage is greater given that the Obama administration made no attempts whatsoever to rein in these companies as they paid millions in bonuses from OUR money. The bailouts and the bonuses show that our government is fully in line with the financial oligarchy. As Andre Damon of wsws.org puts it:

"Executives at Goldman Sachs were told last week that they could expect to receive their highest ever bonuses this year, according to an article published Sunday in London's Observer newspaper. The first half of this year has seen a spectacular rebound for Goldman, and the company's London staff were told they would receive corresponding end-of-year bonuses if, as expected, the bank sets a new profit record.

"These bonuses will be paid for by the American people. Besides receiving over $10 billion in cash from the US government last year, Goldman Sachs was the largest beneficiary of the government bailout of American International Group (AIG), receiving $12.9 billion to cover funds owed to it by the failed insurance giant...."

See link below for the remainder of the article.

Betfair betting system - How to make money on exchanges

What scholarship/grant money is available for an Afghani student to attend the American University in Kabul?

I met a young Afghani exchange student a couple years ago when he visited the military base where I was stationed. Even though he lost an arm when an American bomb exploded during a fight with the Taliban, he has nothing but praise for our U.S. military. He said it's a small price to pay to allow his family and country to be free of oppression. Now, he is struggling to make a living for himself and his family (parents and siblings) in the city of Puli Khumri in Afghanistan. He has turned his English language skills and knowledge of computers into an entry-level teaching job. The job pays very little, and he has told me that what he really needs is to get formal education to make enough to help his family survive. The best bet is the American University - Afghanistan (or AUA, as it is called) in Kabul. The cost is $5000 a year, which is way beyond his means. I've been doing what I can, but what he really needs is some sort of scholarship or grant money. Can anyone help me?

read below website

Betting Exchange is a post from: Ultimate Betting Strategy