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What Useful Lessons Gambling Can Teach You About Money

01 Jul 2020 @ 10:00
Gambling is defined by “Encyclopedia Britannica” as “Gambling, the betting or staking of something of value, with consciousness of risk and hope of gain, on the outcome of a game, a contest, or an uncertain event whose result may be determined by chance or accident or have an unexpected result by reason of the bettor’s […]
 

Math behind betting odds

01 Jul 2020 @ 10:00
Gambling may appear as a game of chance and luck from a distance but the more you learn about it, the more you will realize that there is a method to this method. Yes, in the end gambling is heavily based on luck and probability but professional gamblers have come up with strategies to reduce […]
 

A Beginner's guide to trading in emerging markets

30 Jun 2020 @ 15:15
In recent times, the concept of debt has been widely discussed in developed economies, with the level of federal debt held by the US peaking at $19.05 trillion in May, 2020. Of course, debt-to-GDP figures have risen exponentially and throughout the western world during the coronavirus pandemic, with the UK’s public debt now larger than […]
 

The financial sector is professional gambling in action

30 Jun 2020 @ 12:18
In previous articles we discussed how investment and gambling are alike yet different. We established that while gambling is focused mainly on chance, luck and probability investment is more about calculated decisions and market research. In this article we shall look at another side of investment, one that may end up shattering the foundation that […]
 

The financial industry is where professional gamblers rest

30 Jun 2020 @ 12:17
Ambrose Bierce, an American poet and journalist, was able to say this in his book called The Devil’s Dictionary–a business is considered gambling but it disfavors gambling businesses. It does ring a bell when someone thinks about the transactions involved in “casino banking” that led to the financial crisis a decade ago. Those words signify […]
 

Tips for Renting Out Property to Tenants

30 Jun 2020 @ 08:59
Would you like to make some extra money? Have you always been interested in real estate? Everybody knows that there is money to be made in buying property and renting it out to tenants. Indeed, more people are becoming landlords now than ever before. But there are a lot of things you need to know […]
 

COVID-19: Areas Businesses Should Be Focusing On

29 Jun 2020 @ 13:43
If you run any type of business, you are likely feeling the effects of the coronavirus pandemic. A major challenge to many businesses is that this is an ever-evolving situation and a majority of them were not prepared for the turmoil this crisis has caused. The main focus for any business right now should be […]
 

CoinMetro Opens Doors for U.K. Crypto Traders by Adding Support for GBP

29 Jun 2020 @ 10:26
CoinMetro, one of Great Britain and the EU’s most user-friendly cryptocurrency exchange platforms, is pleased to announce that they will now support deposits, withdrawals and trading with the British pound sterling (GBP). The second fiat currency added by CoinMetro (after the EUR), users of the exchange can now easily buy or sell Bitcoin (BTC) with […]
 

The Role of Financial Institutions in Gambling

26 Jun 2020 @ 09:44
Financial institutions play a crucial in your daily life. Through their services, you can keep your money safe, transact and get loans. Also, the services they offer include offering financial assistance to qualifying businesses from various sectors. Undoubtedly, this industry plays a critical role in the daily lives of most people and all size of […]
 

Traditional Investment Mindset Is Shaken Vehemently During Recent Crises

25 Jun 2020 @ 11:20
The recent economic crises due to COVID-19 has been an eye-opener for the investor’s community. The working class also has been hit too harshly by the loss of millions of jobs and the occurrence of pay cuts, traditional financial models look no more secure. There are a great makeshift and the mindsets that have been […]
 
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