Finance: "Sports Betting as an Alternative Investment."

"Sports Betting as an Alternative Investment."

Written by Daniel B. King

Many will dismiss outright repparttar

ability to make good returns on your investment through repparttar 112045

medium of sports betting. It is not really surprising as betting is hard work, solitary, and you have to grind out thousands of bets to get your returns.

Of course to many members of society - betting also carries a great big "loser" tag. This is not without justification since repparttar 112046 vast majority of sports bettors do lose. I would, however, estimate that repparttar 112047 percentage of "losers" would be equally high in repparttar 112048 world of stock trading and investment markets if you considered those individuals who entered that environment without repparttar 112049 necessary experience. Most people trust their savings and investment income to experts and no doubt if repparttar 112050 betting public trusted their income to repparttar 112051 1% or 2% of betting experts who made a profit - repparttar 112052 loser label might become less sticky.

So what kind of returns can you expect? Anywhere between 18% and 22% on betting turnover (that money actually put through repparttar 112053 sportsbooks) annually. Of course this could vary greatly - years of 30% and 13% would also be possible. The laws of probability defy accurate annual estimates.

You will notice that I have not stated losing years - this is because they are rare - I have experienced one in my life time, my first. I am always aware of repparttar 112054 possibility but I am confident I will never experience one again - partly because of repparttar 112055 numerous hedging methods now available on repparttar 112056 sports betting exchanges. I wonder how many young people on Wall Street today can confidently say they will only have one losing year? There may be a handful, those engaging in arbitrage and those experienced in 'selling' as well as 'buying' repparttar 112057 market - but there won't be many.

So do repparttar 112058 sportsbooks close accounts if you are a winning player? Well curiously repparttar 112059 answer is 'yes'. I say curiously because if repparttar 112060 book is doing its job properly, it is taking repparttar 112061 action from both sides of repparttar 112062 line (odds on repparttar 112063 event) and simply taking repparttar 112064 commission in repparttar 112065 middle. The sportsbook makes its money whatever repparttar 112066 result - they are merely commission-takers. Winning bettors do not win money from a sportsbook, they win money from other losing players. I guess some books simply do not like winners - but many manage repparttar 112067 action well and allow big bets. Big bets means big turnover, big turnover means big profits.

To roommate or not to roommate

Written by dan the roommate man

Making repparttar

Decision Do you want or need to live with a roommate? What are repparttar 112044

pros and cons of having a roommate? What should you consider when looking for a roommate? And what issues should you get settled before you move in? On this page we'll look at repparttar 112045

pros and cons and some tips to consider; later, we will look at repparttar 112046

some of

issues you should get settled before moving in with roommates and how to get them in writing.

The Pros of Roommates

it's often cheaper as costs (rent, utilities, food) are split household chores are a shared responsibility you can often afford a bigger apartment with more living space if you split repparttar 112048 costs a roommate can assuage loneliness

The Cons of Roommates

a perceived (if not real) lack of privacy someone else's problems can become yours you're relying on someone else honoring their obligations (to pay rent, to pay utilities, etc.) there's always repparttar 112049 potential for disputes, even with a friend

Some Considerations

Just because someone's been your best friend since elementary school doesn't mean he or she will make a great roommate.

Often living together can destroy even a close friendship.

It's a good idea to know going in what you want in a roommate and what you won't tolerate. Will you accept a roommate who smokes? What about one with a live-in boyfriend or girlfriend? Will you live with someone of repparttar 112050 opposite sex? What about someone of a different sexual orientation? What about cleanliness? Pets? Morning person vs. night owl?

Cont'd on page 2 ==>