How do YOU back up your bet...or DO you?

timmgirvan · #1 07-07-2007, 01:30 AM

Quote:

Originally Posted by philcski

When you've placed a wager with thought and reason which has a chance of returning a profit, it's no different than investing at that point. I trade derivatives for a living. If you don't reduce the volatility of your bankroll you'll get crushed. Same thing applies here, especially with multirace wagers whereas you have an opportunity to diversify your position in the payoff leg.

Those derivatives....are from a vine ,tree or outta the ground?

philcski · #2 07-07-2007, 01:38 AM

Quote:

Originally Posted by timmgirvan

Those derivatives....are from a vine ,tree or outta the ground?

Half the time they're outta my ass. Seriously.

timmgirvan · #3 07-07-2007, 01:42 AM

Quote:

Originally Posted by philcski

Half the time they're outta my ass. Seriously.

I hesitate to ask what they are....seriously?

unassailable08 · #4 07-07-2007, 01:58 AM

the last guy love that quote.

I don't really back up my bets I spread it out to where I think I cover as many possibilities as possible.

hockey2315 · #5 07-07-2007, 02:03 AM

Quote:

Originally Posted by unassailable08

the last guy love that quote.

I don't really back up my bets I spread it out to where I think I cover as many possibilities as possible.

That's not good. . .

philcski · #6 07-07-2007, 10:14 AM

Quote:

Originally Posted by timmgirvan

I hesitate to ask what they are....seriously?

Simple answer: A way to take a position in a stock, bond, interest rate, or commodity (among many other things) without actually purchasing said asset.

Quote:

Originally Posted by Hickory Hill Hoff

When all else fails.....backwheel !!!!!!!!!!!!!!!!

I'd be a millionaire if I followed that principle