Archive for the ‘blogging’ Category
Future Book Betting Traps And How To Avoid Them
Betting on sports ‘futures’ is an enjoyable and potentially profitable way to wager, but there are several potential risks that can lead to losses. Here’s a rundown of things to avoid:
Don’t bet at the first place you look: In other words, shop around for the best price. This is essential to all aspects of sports betting, but especially important with futures wagers. You’ll find more disparity between prices from book to book on futures than any other betting proposition. From a theoretical standpoint, a little work can yield much better value. From a practical standpoint, that means a higher payout should you win. The reason for this is that individual sportsbooks’ aren’t as worried about what the other guys are doing as they are with most other bets. Once the futures “market” is set books move the lines almost exclusively on their own financial position. The market simply doesn’t respond as quickly to futures wagers as it does to individual game lines so it is essential to do the extra work to get the best price on your proposition.
In a competitive field, don’t obsess with picking the winner: This may sound like a strange concept, but once you understand the theory behind it it makes perfect sense. In a large field–the NCAA basketball tournament is a perfect example–the top few favorites are invariably priced at odds that are less than the ‘true odds’ of them winning. On the other hand, there are always teams that fly ‘under the radar’ available at higher prices that present a betting overlay.
In more theoretical terms, the ‘true odds’ of a Duke or similar top team winning the tournament are almost always higher than the price offered. Think of it this way–say we’re betting Duke to win the national title at 2/1. This means that the Blue Devils would have to win more than 33% of the time to break even. So lets say, for the sake of argument, that we could play the tournament over 100 times. Would Duke come out on top more than 33 of these times? If not, they represent a poor value. Let’s say that they win 30 of 100 times. This means that any price under +333 or thereabouts is a poor wagering value.
Note that the more competitive the market, the more difficult it is to find good value on the favorites. Since you can make a case for quite a few teams to win the NCAA tournament at this point this particular futures market is clearly a very competitive one. In a less competitive marketplace it might be possible to “pick the winner” and have it be a good value though you will pay a price for this. Here’s a (thankfully) hypothetical example: let’s say the UFC decided to hold a one night round robin tournament with 5 competitors. Competitor #1 would be heavyweight champion Brock Lesnar. The other four competitors would be professional figure skaters Elvis Stojko, Rudy Gallindo, Brian Boitano and Evgeni Plushinko. Even if he didn’t bring his “A game”, Lesnar would be essentially have a 100% certainty of beating the four untrained fighters, who also happen to be rather effeminate. If a sportsbook installed Lesnar as a -1000 favorite a bet on the 63 265 pound takedown would still be theoretically a good value. It’s always difficult to risk so much to win a little, but from a strictly theoretical standpoint its a good play.
Don’t try to make a huge profit with little risk: Sports betting provides few opportunities to make a ‘big killing’. It may happen occasionally, but even the big payouts when it occurs doesn’t make chasing big longshots a good value. If you’re serious about sports betting it is crucial to maintain your focus on the underlying numbers and look for value at all times. If you want to take a longshot at a huge jackpot, play the lottery but don’t try to do it at a sportsbook.
Simply stated, the concept of value works the same at the bottom of the wagering ladder as it does at the top. Even if you’re betting a big underdog at a huge price make sure that it accurately reflects the ‘true odds’ of the event occurring.
Don’t bet one sided props: Sometimes sports books will offer silly bets just to get publicity or in some cases just to be funny. While there may be life on other planets, the ‘true odds’ of a Martian being named to President Obama’s cabinet wouldn’t justify a +5000 line that it would occur.
Ross Everett is a widely published freelance writer who covers travel, casino gambling and sports handicapping. He is a staff handicapper for Anatta Sports where he is responsible for providing daily free sports picks. In his spare time he enjoys fine dining, flower arranging and scuba diving. He lives in Southern Nevada with four dogs and a pet coyote.
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How Athletes Become Emotionally Unstable
Athletes today are very gifted in their respective sports and are honed well as they grow old. What they fail to realize is that there is a mental aspect to sports as well. Because of this imbalance, athletes fail to control their emotions which may cause risks on their career as well as their personal lives. Read on to learn why some athletes experience emotional imbalances .
One reason why athletes are emotionally imbalanced is dysfunctional families. Sometimes these athletes may have grown uo in an atmosphere of cruelty and violence. They may have been growing up being beaten by their parents or step parents which they have been carrying within themselves until they grow up. At some point, these people will try to forget the past and concentrate on sports that’s why they have become athletes yet the fury within themselves is still existing which affect their emotional behaviors.
There is also the reason of a true psychiatric illness in the athlete. Athletes may have experienced psychological disorders namely depression, intermittent explosive, narcissistic personality disorder and other common illnesses during their early years. These kinds of psychological disorders can affect their emotions too which may become uncontrollable, dangerous and violent.
You also have abusive, illegal drugs and alcohols which causes an alteration of the emotional state of the athlete. Addicts to drugs and alcohol are very disruptive in their behavior and can become dangerous to those around them.
Greediness is also a cause of emotional imbalance. Athletes may lose themselves in their quest to become the greatest ever in their field or to become the richest. They will tend them to become unruly, unjust and aggressive because they let themselves feel greedy.
These are some of the common roots why athletes are becoming emotionally imbalanced. Emotionally imbalanced people are prone to outbursts that are uncontrollable and vindictive. You can usually see these in some athletes today.
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Picking A Corporate CPA Or Accountant – It’s More Than Just Numbers
I was recently on a conference call with a new client and their accountant who insisted on meeting with me because he wanted to pre qualify me. After a few questions when I was setting up the call I could tell right away that this accountant was a pure amateur and was trying to look like the ‘big dog’ to his clients, being one who invites and enjoys confrontation I took on the meeting. I love negotiating and debating on topics in which I’m well versed so I knew this would be fun.
The call started with the accountant jumping in to take control of the conversation and asked me if I wouldn’t mind explaining what I am planning to do for this client. From beginning to end, this individual was completely out of his element as he’s never had direct contact with an IPO or Global strategies facilitator or someone with international legislative contacts to put to work on behalf of the client to expedite growth and revenues.
After my brief 30 second presentation there was silence on the other end of the line which typically means the opposing party cant intellectually formulate a response due to the sheer lack of experience in this field. So then I continued but instead of a presentation, I became concerned that I was getting involved in a project that had flees and I may need to step away if too many unqualified people were involved.
I proceeded to ask him the following questions that any consultant should ask of a person who claims to be an insider with your client. “How big is your accounting practice”…2000+ clients he boasts. My next question was “Wow! Great then please give me the breakdown of the inter-client base strategic partnerships you have created on behalf of this client to speed up their growth and increase their revenues?” He couldn’t respond because he didn’t know what strategic alliances were. I continued, being that this company has been trying to raise capital for over a year, with 2,000 clients obviously you have access to accredited investors, how much money have you raised and what SEC approved vehicle did you use to distribute shares for equity?” again, there was silence on the other end of the line. This was the way the entire call went which demonstrated to my client that they will obviously have to break out of that relationship for and experienced accounting firm who understands how to work with clients in expansion mode.
When you hire an accountant to do the books for your company, of course you want to make sure that they can perform the general tasks of numbers but you also need to evaluate their current client base and their track record for setting up partnerships between their clients? An accountant who doesn’t network his client base isn’t worth the fee. In this economic environment you need to choose your accounting professionals based off of strict criteria.
You don’t need a number cruncher. You need a number crunching networking executive with a strong and influential contact base to set up round table meetings, make introductions and help grow your company. Anyone with a general comprehension of tax law, book keeping and QuickBooks can be an accountant but few are able to facilitate all the additional services needed for an expanding corporation. You should pick an accounting firm based off of 10% expertise, 30% fees and 60% contacts and track record for helping expanding companies. Don’t settle for anything less.
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Reducing And Managing Energy Costs In Hospitals And Medical Centers
Hospitals and Medical Centers have many opportunities to significantly reduce and manage their energy costs while maintaining or even improving patient care and comfort.
Healthcare facilities are significant energy consumers, typically using an average of 28 kWh and 110 cubic feet of gas per square foot. HVAC (including cooling and space heating) represents about 62% of hospital energy use with lighting comprising 13% more. Focusing on these two areas with their combined 75% of total energy usage is very useful for developing an energy efficiency plan.
However, knowing where to focus does not mean it is always clear exactly where to start. By taking a carefully planned “whole facility” approach, it is easier to feel confident that you are making the best, most financially and operationally prudent energy efficiency choices for your unique facility. In today’s industry there are proven and recommended engineering approaches and technologies available that can guarantee results. And by working with an experienced, energy services company or engineering firm, choosing the right options does not need to be complicated.
The best first step is always to focus on quick, low cost or no cost solutions. This can include training staff to turn lights off when they leave unoccupied rooms, using sleep mode settings for computers when not in use, shutting off AHUs that serve unoccupied areas at night such as cafeterias, offices, conference rooms, etc, using programmable thermostats in rooms and areas not occupied 24 Hrs / day to turn up or down temperatures in different seasons, and having the HVAC systems serviced and cleaned on a regular basis. After you’ve addressed the “low hanging fruit”, next steps can involve choosing from a variety of longer term options that are designed to deliver much greater energy savings. Options should be considered based on their proven track record of success, whether they are “Approved” or “recommended” by organizations such as Energy Star, US DOE, USGBC, IEEE, etc., their cost effectiveness and return on investment as well as consistency with your hospital’s goals and culture Experience has shown that some of the better programs for hospitals include lighting upgrades to high efficiency fluorescent, CFL and/ or LED, use of occupancy sensors and day-lighting opportunities , sine wave modification for lighting circuits, liquid pressure amplification for central chiller plants, energy management based on occupancy, anti-compressor short cycling for roof top units, demand controlled ventilation, use of variable frequency drives and possibly equipment replacement for older systems that are approaching the end of their useful life. As you move forward with this, it helps to know that you don’t have to do it alone. There are experienced firms who can help make recommendations and provide turnkey services for you. In choosing a partner to guide this type of “whole facility” approach for you, it is important to look at a number of factors. You may want to ask the following: What is their level of experience using these various technologies, do they use proven and recommended approaches, what are the credentials of their staff, are they members of key industry organizations, what is their level of knowledge of your industry, do they offer a free initial evaluation and do they offer guarantees at each step of their process.
And remember that the sooner you begin, the sooner you start saving your hospital’s valuable and limited resources.
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The Attraction Of Vintage Ford Automobiles
Ford vehicles have invariably been synonymous with American pride and custom. One of the most important vehicle manufacturers today, the Ford brand is known all over the world and has been attached with a tag of sturdiness and quality. These are the same qualities it has saved thru the years and more than a century after the brand had been unveiled, a number of its autos from its early and mid productions still ply American streets, if not, vintage auto shows.
This doesn’t mean though that Ford just pumped out one vehicle after another leaving quality behind. To the contrary, because they were able to produce automobiles at a fast rate, they managed to concentrate entirely on their research and development which permitted them to come up with high standard vehicles.
This prime quality has permitted a number of their automobiles from the post 2nd world war era to still be street deserving today. Vintage Ford autos have numerous commotion from Ford loyalists and though a full working and new-like condition is pretty much impossible to find, many still invest their time, cash and efforts in restoring them.
Some of the more well-liked vintage autos by Ford produced in the fifties and the sixties where the Fairlane, Thunderbird, Falcon, Galaxie, Torino, LTD and of course, the Mustang. Many of these make and models were reminiscent of the muscle autos that ruled the American auto industry and market in that age. Big forceful engines and loud roaring were characteristic of these muscle cars and they were distinctively American.
Owning and maintaining vintage Ford autos, like the Mustang, today will entail some cost. This is because vintage Ford parts could be tough to come by. For some vehicles, the parts may be simpler to find due to the vast number of their production. Due to this, parts might be lifted from the other autos with the same make and model and they can be used to restore other cars.
This though takes time as you still have to go to junk yards. For a simpler time, you will just scour the web for these parts. Just make sure that you get the right ones.
You can never mess up with vintage Ford cars. They are an American practice and they can provide you with that certain distinction that makes folks turn their heads to have a look at the autos. As an owner of a fully restored vintage Ford car, this will surely make you proud.
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