Green All Over

Established in 2008, this blog is an independent, common sense, look at challenges and opportunities in sports and financial investing, with occasional diversions as my mood takes me. I am not a tipster, nor is this a Profit and Loss report either. They are boring.

Tuesday, 13 May 2014

Penultimate FTL Update

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A light work load this weekend with the season winding down, and likely to be even lighter next weekend now that the top leagues in Germany ...
Saturday, 10 May 2014

FTL Late Mayday Update

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Very late with the updates, but it has been quite a week, dominated of course by Crystal Palace and their 1000-1 comeback on Monday night. ...
Sunday, 4 May 2014

Market Gap

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Horse Racing is not, as regular readers will know, a sport that interests me too much, but I did have an interest in yesterday's Kentuck...

Flash Boys Precis

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I'm almost half-way through Michael Lewis' latest book - Flash Boys, A Wall Street Revolt - and can't recommend it highly enoug...
Saturday, 3 May 2014

The Inalienable Right To Bet

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Scott sent me a link to the story about Ben Affleck being barred from the Hard Rock casino in Las Vegas for 'counting cards', or as...
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Cassini
I have had a life-long interest in sports and after studying Pure Mathematics with Statistics at secondary school, have been fascinated by odds and probability. The first system I came up with was a simple one - back the favourite and double up after a loss until a winner. Simple enough in theory, and I told my Dad about it. Not being a betting man himself, he ran it by some of his colleagues, and came home to tell me that it wouldn’t work because a long losing run would mean that the bank would be empty. Then there was always the possibility that the winner would be returned at odds-on, meaning that the total returns would not match the outlay. Not what a ten year old wants to hear! Only slightly daunted, I then went on a search for the Holy Grail, the secret to riches that I knew was out there somewhere. Finally in 2004 I stumbled across an article about Betting Exchanges and four years later I was able to make a steady profit.
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