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The Limits of Literacy and Financial Spread Betting

Posted by James Breen at 28 June 2008 13:3

I have no idea there are millions of people who think this way, who feel the same way in the face of financial spread betting. I can stress strongly enough that every individual makes words.

I wan to start a fresh head. But I can't write this down. It is like some kind of addiction. I'm hooked on little one.

The Bear on Jun 27 2008 | Filed under: Culture of Corruption, Energy Policy INTRADE ticker tape I have gotten several e-mail inquiries about INTRADE ticker tape at the top of this website. This is NOT a poll in any sense but what it is, is legalized betting on the futures market via contracts. These contracts are winners takes all. As of this writing, the money boys are betting that the next President of the United States will be Barack Obama by a .. full post.

I has been suggested that this was a smart ruling:

Bank Lawyer's Blog: Recently, John Carey at Dealbreaker raised a subject that I also raised a few years ago and that, at the time, engendered some spittle-spewing outrage on some consumer financial advocacy blogs and message boards: the financial illiteracy of most Americans. In a February 2005 post about the fears of some lenders that they would be overwhelmed with inquiries from consumers because of the (then) new requirement that credit reporting agencies furnish consumers with an ..[More].

I has been suggested that this was a smart ruling:

Most people believe the bookmakers attempt to "balance" their action, by adjusting their prices so that they get the same amount of money on both sides of a game. Theoretically, the bookmaker's only financial interest in the bets it accepts is the vigorish it takes from losing wagers, and it simply wants to ensure that the quantity of wagers on each side is equal. In reality, however, bookmakers attempt to maximize their conclusion. While having an exactly equal amount of money wagered on ..next.

What you say? So sit back and relax...

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