https://www.nytimes.com/2018/07/02/sports/sports-betting.html

Sample from within the article:

"The sudden premium on sports data is likely to set up an array of conflicts in the betting industry that have been mostly unknown in the United States. Adrian Ford, general manager of Football DataCo, the official handler of data for the English Premier League and others in Britain, said that in dozens of stadiums each weekend, the hooded scouts show up for companies aiming to collect the data and sell it to betting operators without buying rights to the league-approved stream originating in the press box.

It goes to the heart of this issue, the data debate, Mr. Ford said.  Clearly the data from the source, a stadium, it's valuable. Some people believe it's appropriate to cheat".

BetSelection was down for a couple of days, sorry for not giving notice.

We had to update and upgrade some of the website and perform numerous admin changes. 

Board went down before we had realized.

Thanks for understanding!

Glen.

For a short section or period of time, I occasionally will do the wagering on the 'one that won previously', that way--you have a chance to win more outcomes that just following the last win.  You will catch the streaks and the chops, but doubles you will lose and then you can also lose the next one if it fails to alternate, etc.  But for a short period of time, I have done okay with that.  I do not often employ it, only if I was up with a win and started to give it back, but not ready to stop the session coupled with missing everything else I normally attempt, etc.   

Quote from: Sputnik on July 02, 2018, 10:07:07 AM

I don't comprehend everything you write and have difficult to see that you have another opinion.
Assume we have to agree that we disagree.

(It is not agreeing or disagreeing in reality.  It is not textbook, such as learning a language, science or even math.  Sure there are variables of those also, but not the basics and the reality of the fundamentals of those.  Yes, there are fundamentals of baccarat as well.  We are not talking about those.  We are talking about actual play and attempting to win, not manipulate, cheat or those things.  We are talking about what is optimum for each player, which might be the same for you and I, different for the next 3 people.  But, my point is, a research point, a reference point, a path to, explore and find what fuels your positive sessions rather than dwelling on negative and what might work over a test of 10,000,000 shoes, etc.)

For example, Banker has a slightly higher strike ratio then Player but is so insignificantly small that you will never have the ability to take advantage of such difference.

(That is correct, ratio is over 10 million shoes or 80 million hands, or 50 million shoes and 400 million hands, so on and so forth.  It is impossible to sit down and win on any type of regular and consistent basis wagering the banker and the banker only.  Sure a player might win 5 times out of 5 sessions playing a limited amount of hands on banker.  But then it turns and he will give it all back and then sums of his bankroll to continue playing.  That will happen 100% of the time, no matter what anyone says by any test. 

There is no formula or count to wager a small amount of banker wagers and hit them, winning greater than 50% of the times using the same formula on each attempt.  Every one every attempting this has failed.  You will get the theory and math wizards that will come up with a positive win formula based upon statistics that will allow them to manipulate their figures down from a large amount of test shoes into play sessions, those will not follow their numbers in any casino or RNG on-line, etc. 

Their numbers are not necessarily wrong.  But they just cannot apply to the majority of the actual gaming shoes at any casino, the way they say they should or will based upon the testing performed.  The same as a certain auto can do a max of 150 miles per hour.  The theory of how long the auto can travel at that speed, is measured by its gas mileage.  When it was tested and the max speed was calculated and set, it was done with a certain set of conditions with different wind speeds, road conditions, fuel type, driver tendencies, and many other items that come into play.  That does not mean you can take that auto and drive at 150 mph endlessly without anything happening along the way.  The same as many shoes of b the shoe presentments and how each player handles them.  But once again, each test produces a slight edge for the banker.  That is a proven statistic.  So many authors and so many gamblers will always say, when in doubt, wager banker.  That does not mean that 25 players might present itself to one banker each time for 4 times, etc., within section of 29 hands played.) 

 
Just mention fluctuation and variance make it disappear in the short, middle run and only manifest in the long run - when we all are dead.

(Yes, you are correct.  Others will challenge that statement, but you are correct because  virtually all gamblers cannot and will not have an infinite bank roll, the same as a casino has.  That is why a gambler has to hit it and 'refresh and reset' every single time which is one of the toughest and most difficult things to do.)

Upon this Banker side has a huge fee opposite to Player side.
So when we look at the hose edge we get a great advantage playing only Player side.

(If you are talking about the 5% commission, many of the baccarat tables have converted to the newer 'EZ Baccarat' version where there is absolutely no commission at all.  But still continuously wagering banker will not allow the person to actually continually win by any means.)

Trading currency comes with any amount and I am referring to bitcoins.
Not talking about stocks.

(I spent many years in NYC and know numerous Wall Street people.  Not tycoons or firm owners, just traders and investors of all types.  Some of them did fantastic on certain investments is what I was getting at.  The 100 to 1's or the 500 to 1's made up for all the losses they incurred which was plenty.  More losses than wins in most cases, but some of the people were able to take those larger wins, get their profit and continue off the win money to replace all their losses and forge ahead at the reset and refreshed amounts.  The same as I talked about baccarat.  Same thing with Bit coin.  If you bout it at a small amount and e a larger amount, you can take the profit and continue to buy and wait.  However, if you buy it and sell it at say only double and then take all that money and place it back into Bit Coin, say the price drops, then what?  Same with anything in investing. 

Say I bought real estate here in the USA prior to 2008 when it was very easy and possible, no money down (in most cases) prices rising out of control, selling it and getting say $600,000 for a $350,000 purchase.  Then take the $600,000 and buying more property, money to fix up and make even larger profits and selling them all once again, making well over one million dollars profit.  Then you are sitting with all those properties you purchased for say, $200,000 which were once selling for $500,000 and the market drop out virtually overnight.  No one knew it.  Then everything changed and all the banks are virtually broke.  They cannot lend one dollar on real estate under the old rules.  Now it is strictly 25-35% down, qualifying, worst thing, every piece of real estate virtually lost 40-75% of its prior selling value, NOT WORTH VALUE, but the trading value.  BOOM!  Done, finished, the great market crash of 2008 that effected everything here in the USA.  Now you are holding numerous properties with all your profits and all your net worth tied up and you cannot even get near the purchase price of them.  You cannot even sell them for even money. Even at a great loss it will be many months or a year or two to sell to a qualified buyer because  of the lending conditions and down payments required.  And well, the house will also be upside down in taxes because  of what was paid for the house and its assessed value.  It would be the same as losing money at a gambling table and then when you win, you get 40% back on a winning wager that used to pay even money.

Same with baccarat and gambling.)

Cheers

But when trading, it is a payoff of much greater than one to one, when it does hit. Kind of comparative to 40 to 1 or 200 to 1, on the side Wagers in baccarat.

Attempting to master a certain thing could be lucrative in the very short run, but to maintain that short run on a consistent basis is virtually impossible in my own opinion. However a plus or minus of the 10 count, to a high peak/wave of plus or minus a 20 count, depending on what hand of the shoe it is, can be extremely beneficial to the player. However in my opinion limiting yourself to one thing is detrimental as that one thing will only hit the smallest fraction of the shoe and that might not be on the consistent and continuous basis, shoe after shoe, session after session. That is the problem.

Many will undoubtedly disagree, challenge and possibly attempt to belittle those statements as well. But doing just that will limit one's getting, 'into the groove' type of playing, where you can profit on many different things of course when and if they hit. Sitting at your desk or couch playing online, you will never know what I am talking about. However at a brick-and-mortar casino you most certainly will.

Now playing one side continuously is a road to large losses and those with some kind of real bankroll will not adhere to it for more than just a little bit during his sessions. With that said, wagering on one side of the coin you will see lots of losses and at times close catch ups. Those times will be exactly what will psychologically play on the person with his expanding thoughts of why he lost and how he was betting wrong, no matter even if he was betting right.   Those small Profitt holds will only fund your pursuit to continue playing if you're lucky, as nothing will always excel and keep excelling continuously especially if you are counting on not replacing your bank roll from outside sources rather than from the wins on a consistent basis.

Huge bankrolls are seldom risked to make a very small profit, as there are so many other things in the business world that will make a much greater profit with absolutely less risk than baccarat or any gambling to most people.

"United Kingdom regulator investigating 17 online gambling operators

January 8, 2018

Online gambling regulation, Money Laundering, Licensing Issues, United Kingdom

In the United Kingdom, the Gambling Commission has reportedly announced that it has launched a formal investigation into 17 online gambling operators over alleged social responsibility and anti-money laundering concerns and may be forced to revoke the licenses of up to five firms.

According to a report from The Guardian newspaper, the regulator has sent letters to every one of the unidentified operators to express the 'serious nature' of the supposed findings discovered via an initial review, which looked into all licensed firms' controls to combat problem gambling, money laundering and terrorist financing.

"Due to the serious nature of our findings, we have already begun investigations into 17 online operators and are considering whether five of these require a license review," reportedly read a statement from the Gambling Commission.

The Guardian reported that the regulator's preliminary review had allegedly found failings at the 17 operators such as the hiring of money laundering reporting officers that had no formal qualifications and had been 'unable to provide suitable explanations as to what constitutes money laundering'. The Gambling Commission purportedly also declared that some of the firms had demonstrated 'a general lack of understanding of how criminal spend could affect the business' and had not handed over sufficient information regarding suspicious betting activities to law enforcement bodies such as the National Crime Agency.

The newspaper reported that the initial review was launched in October in order to determine how well licensed operators are meeting their current responsibilities and additionally found that some of the 17 operators may have failed to intervene even after some customers showed signs of problem gambling.

In a statement, Sarah Harrison, Chief Executive for the Gambling Commission, declared that it was 'vital that the gambling industry takes its duty to protect consumers and keep crime out of gambling seriously' and that the regulator's current action is 'just one example of how we will be relentless in turning that vision into reality'.

"As the online sector continues to grow and now accounts for a third of the British gambling market, it is right that we maintain a sharp focus on online gambling," read the statement from Harrison, who is set to step down next month. "That is why in addition to our work on compliance among online casino operators, we have also been conducting a wider ranging review of online gambling looking at how the market has evolved and to identify where further action can be taken to make gambling fairer and safer for consumers."

From National News Sites:

"Australia launches investigation into JustBet.cx

March 12, 2018

Reference:  Illegal Cryptocurrency, Australia, Online gambling regulation, Christmas Island, Unlicensed Operation, Sports betting, Licensing concerns.

In Australia, the Bitcoin-friendly online casino at JustBet.cx is reportedly being investigated by the local media watchdog for allegedly breaching the nation's Interactive Gambling Act 2001.

According to a Sunday story from Asia Gaming Brief citing 'local media reports', JustBet.cx features a sportsbetting facility offering pre-match and in-play markets on a wide range of competitions including matches from the Australian Football League and A-League while its web address is purportedly registered with the Christmas Island Domain Administration.

However, the Australian Communications and Media Authority has reportedly launched an investigation after determining that JustBet.cx' Internet protocol (IP) address may in fact be headquartered in the Central American nation of Costa Rica, which would violate the Interactive Gambling Act 2001 and prohibit the domain from offering its services to Australia-based punters.

Asia Gaming Brief reported that the Australian Communications and Media Authority initiated its examination of JustBet.cx after Andrew Wilkie from the Australian House of Representatives had earlier called for the Christmas Island Domain Administration to immediately shutter the site."

A great and most innovative thread by Nickmsi. 

Quote from: AsymBacGuy on June 21, 2018, 12:42:35 AM
Welcome to your new position Glen!

as.

Thanks, appreciate the 'blessing', Glen.

Make BetSelection your home. Your yard and your desk space in so many words.

There are great things to come guys, with regular or known and new members that are verified, having preference and welcomed to walk through the doors.

Like I said for those motivated with some energy to spare, p.m. or email me and we will discuss.

I'm willing to entertain the idea of one or two members that are energetic and motivated, that would like their own highlighted section casino/gambling related with a touch of whatever else relates to yourself, your career, your hobbies, visiting various casinos with trip reports, etc., etc.

If anyone's interested, you can respond to me by message and we can discuss. Thank you.

Bringing up old posts on our board or importing other board?s post(s), references and links.

Reference:  Drama posts, personal opinions & feelings, views on other members here or members of other boards and previous members as well, and writings written by BetSelection members or staff at any time on any board, etc. 

There will not be and cannot be the continued bringing up, referencing and creating drama with old posts and threads on our board here, as well as other boards.  Defined:  Do not reference any one on our board with what they wrote on another board or anywhere else for that matter.

Do not do it.  Simple.  Period. If you are a well-known and established member here, there will be one warning and a deletion to the post made.  If you are not well known and established, there might not be any warning. 

Reference ?other boards?.  I am well aware what happens on some of them and others, I have no idea whatsoever.  I belong to two of the other boards and rarely post on them.  I have been on a few of the larger boards and I have been banned.  All the bans I brought on myself and most of them I squared off on the owners or admin?s, so what?  Big deal.  History.  I don?t care. 

But one thing, from this point on.  On BetSelection, if anyone brings up, makes reference to, copy & paste, links to---any other board with a derogatory, negative, drama seeking post that anyone made here on BetSelection elsewhere, it will be deleted.  Simple, don?t do it. 

As far as posting, referencing or linking to a positive, constructive and non-personal agenda on another board within your posting here on BetSelection, I don?t see anything wrong with it. 

One more thing.  I generally do not care what is said on the other boards.  However, read this carefully and understand it.  If you have a question or it is not clear, ask.  If you are going to post on BetSelection and be a ?regular? or a ?known member?, etc., I do not feel it is proper to regularly and with vengeance bring our business, postings and our content onto other boards for the sole purpose to demean, chastise, humiliate or belittle our BetSelection members or staff here.  If you are referencing something that was said and using, that in a decent conversation and defense of something on another board, sure?no problems.  If you are going to be on BetSelection and consistently cut & paste, reference and regularly engage in detailed threads and conversations on the other boards about the content here, that is wrong.  The content on BetSelection, once posted, is the property of the board.  It stays on the board.  If you want to cut & paste and engage in detailed conversations with only drama and so-called investigative journalism of some weird style, don?t attempt to continue as a regular and a well-known member in good standing on this board. 

While, I do not and will not patrol the other boards, I guarantee you someone will email or PM me with the more flagrant violations of what I just said.  Stop the Dr. Jekyll and Mr. Hyde type of board personalities as well.  Talk about gambling, wagering, casinos and anything else within your life.  Leave the other boards and their members out of BetSelection.  We are not a wrestling arena with BetSelection involved or its members to hash over and wrestle regarding the other board's members or their problems or a dislike you might have regarding anyone posting anything.   

As Esoito said:  ?In summary, if you don't approve that's fine. Just don't keep needling and banging the same drum.  Membership here is not compulsory. Acceptable behavior is.?

Thank You.  Glen.

A quote from the sports-gambler, Harry Findlay:

"There are three things people have to understand: a) You can get on; b) You get value; c) You get confidence.  And no matter what you do in life, confidence is the number one.  Say one fellow bets 20-1 shots.  After 20 loses, he backs a winner, and he's level.  Another fellow's betting evens.  After 10 winners and 10 losers he's level.  They've both got the same money, but he's been right 10 times.  Who's going to have more confidence? But nobody talks about confidence, the mental instabilities involved in gambling.  And that's what it's all about.  Its all about how you perform under pressure, how you perform when it all goes wrong."


And, I say he is 100% spot-on, no doubt, great fuel for anyone's performance and endeavors at the tables! 

Here is a link to a newspaper article about the 'professional sports gambler':

https://www.theguardian.com/sport/2017/sep/13/harry-findlay-the-dog-professional-punter-gambler-train-fare-mum

It appears he is quite popular within the world of sports betting and well-known.  I read a little of his stuff and articles about him, interesting from a casino player's point of view, although I am not a regular sports-wagering type of person. 

I like the quote, fits in perfectly!  I have called the same thing, 'Frame-of-Mind' and also, 'Vision'.  IMO, there is a lot to the above quote and it is key to understanding your emotional, knowledge, experience and everything else I have taken the time and effort to detail with my previous writings on BetSelection.

It fits, fits well and best of all--it is REALITY.

Gizmo,

I wrote this back just about 1 year ago.

Grabbing the gold nuggets??  Read it, fits in with the math thing, no??

Played there frequently, although my X-wife's friends and many of the NYC crowd had the Trump Taj as their main casino hangout in Atlantic City, I was more of a south-end strip player, with Bally's Grand as my main property.  My cousin, as I mentioned before on the board, worked for Donald Trump for 21 years in Atlantic City and now semi-retired, ill works in A.C.. 

I have the original book the got Donald Trump the Junk Bonds and other funding he needed to build the Taj Casino as well as a silver and gold belt buckle from 1993 given to me by Donald Trump at the Taj. 

https://www.youtube.com/watch?v=BQqxQ368Eqk

In the later days of playing at Atlantic City, more so than the earlier ones in the 80's and the 90's, we used to always eat at Robert's Steakhouse which was at the Trump Taj Casino.  I found a light-up pen last night, we got in the restaurant one night that the staff used to use.  Many a nights playing baccarat at the large 14 player/3 dealer tables at the Taj with this one and yes, the blue light was glowing--especially when I was winning, LOL.  Great days!

[attach=1]

[attach=2]

[attach=3]