Jan 26, 2015 -- 2:16AM, Joel wrote:
Doesn't matter where his passport is, he cant bet in Australia in running without using a proxy or so.
Well it does, but take Australia out of it. As I said, he was doing it around the world. Why not simply do it for yourself on BF?
2 weeks for a tournament, 2-3 games per day, and he is getting paid 114 pounds a day. A decent courtsider could make that in 2 minutes if there really is that much of a speed advantage.
So why, when a courtsider could easily make 2,000% what he makes, would he be doing it?
40-50 pounds a game as a courtsider? Please........
Jan 29, 2015 -- 4:57AM, SHAPESHIFTER wrote:
takes a headspace to trade as well as a bank. His salary was most likely "net" meaning per diems for food plus benefits cited as "expenses".So, at the end of the year, a solid amount of money in your account for pushing a button.
No. Not when you know the result and are simply hoovering money. 2 ticks on a known result, easy money. That is per point. 6 points per game, 25+ games per match or so. That is 150+ opportunities to be hoovering 2+ ticks at a time. That doesn't even include breaks where you could get up to 30.
If he was that quick that he could simply send the information back to a computer in london, that then works out bets, then sends a bet request to the market and still be first in line, then he would be definitely first in line if his click sent his own bet to the market. 20% first to the market, sees him having minimum 20 2+ tick trades per game, 2-3 games per day.
No bankroll? Start with 100 bucks, you would make thousands after the first week. Start with 1,000, and you would near make his yearly wage at the end of the first tournament.
Rent? Wouldn't be paying rent, would own his own inner city apartment inside 12 months if he really had an edge over the market.
Look a little smaller. 1,000 bankroll. 1.20 - 1.22 trade. 100 dollars or so, hedged to around 82.00. That is twice as much as he gets paid for a full match, and it took him 1 point to make, out of 125+ points available to him per match. With a pissy 1,000 bankroll. Say he only get 3 of those in a match, and the others were 1.22-1.20, say 5 of them, which would equal about the same 80.00 total, so 80 + 3*80 around 320 profit, or 32% for the match.
3 games like that he ends the day with a bankroll of 2300 (and that is only compounding match to match, not trade to trade).
Another 3 games the next day, up to 5289. End of the third day 12,166.
Even if you stop at 10,000 per trade, you are looking at around 9,600 profit per day on those numbers.
Look at a dog winning a point against a 1.05 favourite, nipping in at 1.05 and out at 1.06, with 10,000 bankroll, looking at nearly 1,900 profit from that 1 point ffs.
And you are worried about rent?
Or as you would say. It adds up....
Feb 7, 2015 -- 6:48AM, stu wrote:
I'm not one to support any 'cheating' in gambling, but isn't working (ie travel, watching etc) to gain information quickly not really cheating as such?Someone called them 'scum' above, so seems this is an emotive point, but how morally wrong is doing this?
Totally immoral.
Feb 14, 2015 -- 3:09PM, SHAPESHIFTER wrote:
I sent an email to a friend in New Zealand. Trying to find out the wording on the tickets (per the article: "they had been in breach of the ticketing regulations"). Wondering if it was for "transmitting data in relation to the score".But as stu said, are they going to chuck people out for using their phones?
The Ticket Holder shall not be entitled to conduct, carry out or cause to be conducted or carried out:
any form of betting or gambling whatsoever within the Venue; or
any promotions, advertising, marketing or other commercial activity in or around the Venue, unless the same has been expressly authorised in writing in advance by IDI (the Ticket Holder may be asked to deliver up a copy of any such authorisation upon entry to or at any time whilst within the Venue).
Except in each case with the prior written app
http://tickets.cricketworldcup.com/tickets/terms-conditions/termsandconditions/default.aspx
Feb 15, 2015 -- 6:18AM, SHAPESHIFTER wrote:
...I'm building a drone.......
Joking aside, it's only a matter of time until someone does take betting to that level.
Feb 15, 2015 -- 5:59AM, dave1357 wrote:
"Courtsiding is a criminal offence in parts of Australia and carries a maximum penalty of 10 years in prison." Thats nonsense - show me any law in any part of the world that mentions the word "courtsiding". That's just another journo quoting from the retarded police in the oz open case."cause to be" is irrelevant as the condition is restricted to "within the Venue;"
At a guess, here's the piece of law:
http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;db=LEGISLATION;id=legislation%2Fbills%2Fs833_first-senate%2F0004;query=Id%3A%22legislation%2Fbills%2Fs833_first-senate%2F0000%22;rec=0
135A.3 Obtaining a financial advantage in relation to a code of sport by deception
A person is guilty of an offence if:
(a) the person, by a deception, dishonestly obtains a financial advantage from another person; and
(b) the other person is a constitutional corporation; or
(c) the deception affects the activities of a constitutional corporation; or
(d) the deception takes place in the course of trade or commerce:
(i) with other countries; or
(ii) among the States; or
(iii) between a State and a Territory; or
(e) the financial advantage is obtained in the course of trade or commerce:
(i) with other countries; or
(ii) among the States; or
(iii) between a State and a Territory; or
(f) the deception takes place in a Territory; or
(g) the financial advantage is obtained in a Territory.
Penalty: Imprisonment for 10 years or 10,000 penalty units, or both.
I don't think the law has ever been tested, so it's up to a court to determine what exactly falls foul of this law.
Feb 15, 2015 -- 6:53AM, stu wrote:
Guess the other key part is the word 'deception' - does courtsiding qualify I wonder?
Answer:
deception , in addition to the definition in section 133.1, includes:
(a) conduct by a person that contrives the outcome of a sporting match or the occurrence of a micro-event during a sporting match;
(b) deliberate underperformance by a player during a sporting match that achieves a particular result in the sporting match;
(c) contriving the withdrawal of a player during a sporting match to achieve a particular result in the sporting match;
(d) use by a person of confidential information in relation to a code of sport, to which the person has access because of the person’s association with the code of sport, before that information is publicly available;
(e) making a deliberately incorrect refereeing or like decision during a sporting match to influence the outcome of the sporting match;
(f) deliberate interference before a sporting match with the equipment or playing surface to be used during the sporting match;
(g) offering a bribe or making a threat, or engaging in any other coercive behaviour, against a person to achieve a particular result in a sporting match;
(h) any other conduct prescribed by the regulations.