The SP Bookmaker

The term SP Bookmaker means Starting Price Bookmaker which generally refers to receiving bets at fixed odds or starting price.

This type of gambling was legal in Australia only for licensed bookmakers working on course meaning at the racetrack. In the 1930’s with the radio and telephone in full swing the races could be heard without going to the track. Lots of people liked to have a punt on the horse racing but often could not go to the track to put on the bets.

The Melbourne Cup was well known by the Australian punters and everyone wanted to have a small bet.

This being the case it made it very difficult for most people to put a bet on if they could not get to the track.

The Illegal SP Bookmaker, it could be anybody. It could be a small timer operator run by a single person taking minimal wagers from one or two friends including neighbours, family members, workmates etc.

Runners as they were known who would go around the neighbourhood collecting wagers from clients in their own houses, at the local hotel, in back streets and so on. Cockies short for Cockatoos who would be placed in positions of high points and other keen viewing advantages to warn Runners and Bookmakers of approaching law authorities.

Then there was the large scale telephone based SP Bookmaking ring involving people answering phones all day long taking thousands of bets worth thousands and thousands of dollars just in one day.

Of course this was all illegal but the authorities were slow to act and did not realise the magnitude of money being generated by this activity in the racing industry. In fact police often turned a blind eye to this as it seemed harmless and was in fact the SP Bookmaker supplying a service to the public.

Eventually the Government finally caught onto it and realised something lucrative was happening in this part of the racing industry. They also realised that it was not generating any taxes and therefore a Royal Commission was launched in 1959.

In 1961 due to the Royal Commission an Off Course Totalisator Agency Board was introduced.

This now resulted in some of the money that was being wagered on racing bets being returned to the racing industry. Punters could now place bets without fear of the law.

As time went on TAB Agencies were showing up everywhere, Hotels, Clubs, shopping centres and so on.

The racecourse Bookmaker still had short comings. In Australia legalised Bookmakers were unable to operate off course shops similar to other countries around the world. So the majority of bookmakers were only allowed to take bets from people at the track up until the 1990’s.

The death of the SP Bookmaker and the final nail in their coffin is near.

Corporate bookmakers were then able to offer another alternative to the punter thanks to new legislation. The Northern Territory Government could now issue Licences offering phone and online gambling to the Bookmakers. Online Bookmakers are now legal and bets can be placed with them from customers in Australia and overseas on all Australian racing and sporting events by almost any means.

With all this new legislation and control by the Governments of Australia the SP Bookmaker slowly died out. They are no more.

To place a bet now, you can use your mobile phone to ring your local legal Bookmaker at the track or at his office, have a credit account with them if you wish. You can place a bet on via the internet with one of many online bookmakers, go to the local pub and use the TAB, place a bet using your TV remote control handset while watching the race or even do something different, go to the racecourse and have a bet with an oncourse bookmaker.

Who will be next to die, not the oncourse Bookmaker I hope.

Mind-Body Wellness – What Does Spirit Have to Do With It?

For some of us, attaining mind-body wellness appears to be a daunting task. Some of us are so accustomed to seeking and finding our favorite ways to avoid feeling uncomfortable. Depending upon our prior experiences and personal preferences, we may turn to a specific familiar and comfortable activity to avoid self-reflecting and facing our own internal, and sometimes painful, emotions. We may choose an obvious addictive-type activity, such as abusing chemical substances, pharmaceuticals and recreational drugs, compulsive sexual behaviors, workaholism, or gambling or we may chooses a less obvious avoidance activity such as excessive exercise, uncontrollable shopping, or even emotional outbursts and excessive talking.

Our internal and external energy fields are affected by the people and environments we gravitate toward. Our physical vibration actually synchronizes with others. It is common knowledge that two young ladies who spend a lot of time together tend to develop synchronous menstrual cycles. However, most of us do not realize that all of our organ systems and brain patterns also synchronize with those around us.

Studies are finding that overweight people who spend time with overweight people or happy people who spend time with other happy people, tend to sustain their current weight, current attitudes, and current demeanor. However, if an overweight person is surrounded by thin, health conscious friends and colleagues, that person may begin to synchronize and more easilyn make choices that help him or her to lose weight. A happy person surrounded by depressed and negative people may gradually lose his or her positive outlook and happy smile.

How can a person begin to alter a lifestyle that is not leading to mind-body wellness?

First step is always AWARENESS

Pay attention and tell yourself the truth about where you are currently on the mind-body wellness continuum.

Second step is to OBSERVE your thoughts and actions.

Acknowledge how these affect your choices and behaviors that alter your mind-body wellness.

Third step is to FEEL your energy level.

Consciously notice whether you have a high, medium, low or hyperactive level of energy and determine what factors may be related to your current energy level.

Fourth step is to TUNE INTO your emotions.

Determine whether your emotions are balanced and within your conscious control or if they are either excessively controlled or unpredictable and out of your conscious control.

Fifth step is to REALIZE AND DEFINE your passion.

If your passion and joy is elicited by negative, self-defeating, harmful or even illegal activities, you need to dig deep inside your mind, body and spirit to discover the core truth about your passion that has somehow been repressed.

Sixth step is to RECREATE your passion.

Seek and find that high level of focus, intensity, animation and pleasure that you have either completely suppressed or have placed into an unproductive pursuit.

Seventh step is to ACCESS your own inner being.

Find a way to access your inner spirit, your soul, the wise one within you,

Through some form of focused internal activity that leads to personal relaxation, contemplation, meditation, and spiritual connection.

Eighth step is to find a systematic way to RE-TRAIN your own mind.

Scientists have discovered the brain’s neuroplasticity, it’s ability to adapt and change and create new pathways, brain patterns and brain maps throughout life.

Finally, as you begin to regain your own mind-body wellness, you are able to grasp the concept that everyone and everything is energetically connected. You begin to understand that we are all spiritual beings claiming our own birthright to the enjoyment of the wonders of creation.

When your own mind and body are finally in balance, you naturally connect to a place of depth within your own self, a place of spiritual alignment. Life becomes easier, less of a struggle, less of sense of fighting upstream. Life becomes less of an effort to “do” something and more and more of a willingness to “allow” life to unfold gracefully.

What does it take to create such a high level of mind-body wellness? All it takes is a sincere desire and taking daily small steps, one day at a time, one situation at a time, one moment at a time, even one thought at a time. The road to mind-body wellness is a very simple, straight and narrow path. It is available to all who seek it.

Are you ready and willing to create your own mind-body wellness now?

How To Beat Online Poker Algorithms

It is a well-known fact that online poker sites use algorithms to control the random generation of poker hands. That fact has caused many players to question the veracity and accuracy of true statistical odds in Texas holdem sites. However, there are ways to beat the poker algorithms as this article will reveal.

Some will question why does the worst hand win on online poker, especially after receiving a bad beat. However, the reality is not that the worst poker hand always wins, the truth is that the online-poker algorithms are designed to make a deterministic result according to normalized odds.

Poker Statistics

What that basically means is that the statistical norms for any poker hand must be maintained in order for the game to appear fair. For example in a 7 card game such as Texas Holdem (2 hole cards and 5 cards on the community board), there are a total of 133,784,560 possible combinations that can be made. (Although holdem only uses the best 5 cards, 7 cards are available to make up the best 5 card hand. Therefore, the statistical probabilities are derived from all 7 cards).

Of the 133,784,560 combinations, a flush will statistically be dealt out 4,047,644 times, (or 3.025494% of the time). Therefore, in order to appear random, the online poker algorithms will ensure that across all poker tables over time, a flush will certainly occur 3.025494% of the time. Notwithstanding the fact that the flush could actually occur 20 or 30 times consecutively at your poker table, as long as the long-term statistical odds are maintained.

Poker Bad Beats

For this reason, you may witness too many suckouts in online poker and even become a victim of a bad beat. The fact is that true randomness is unattainable in a computer generated game such as online-poker and additional poker algorithms were put in place to maintain an air of integrity and randomness. Although it is unfair that poker sites are using these poker codes to make the game appear fair and subsequently create a large number of bad beats, there is a solution that allows you to do something about it.

That solution is to learn how the online poker algorithms work and how you can potentially avoid a poker bad beat. As the poker site must maintain statistically normalized odds by using algorithms, you can use those same odds to prevent losing.

Math and Poker Algorithms

By taking a mathematical approach to the online poker game, you can beat the computer generated poker hands and ultimately become a much better player. The problem is in the poker algorithms and the solution is in knowing HOW they work.

Australian Gamblers’ Problem With Online Poker

A few months ago, Australia trifled with the thought of prohibiting poker sites, since addiction to this game was already giving rise to social and economic problems. The propaganda was spread by the media which has gone overboard to regard gaming activities to be too addicting. Some months ago the betting sites made public promotions at a cricketing venue and this, basically, instigated censure.

It was felt that the casino game played online had a negative impact on children and even adults were getting carried away with too much gambling. These reactions seemed expected after last year’s record of the over-all gambling population at any casino topped to 80%. Most of the public who played poker became addicted to such and similar activities. Gambling and online casinos have been mistakenly regarded by the media, says James Packer, who happens to be the son of the late media mogul named Kerry Packer.

The fact that casino game draws much revenue has made it difficult for the Australian government to do away with poker sites. The gaming sites are not only having a ball in the land down under but also drawing in much revenue that could top that of other industry.

Due to the application of the advanced gaming technology and software in casinos, more players are now on board, and this increased their taxes by multiple times.

Play safe and sound

There is a growing concern in Australia that is due to the increasing number of troublesome gamblers quite recently. Out of the total number of gamblers, approximately 15% are said to be problematic, says the productivity commission. A further 15% are known to be high risk and every year $12 billion is lost in the game of poker played mostly online. This number of players is enough to cause concern among general players.

Poker is addictive only if you let it control you and your life. Usually players gamble as if there is no tomorrow. Many become overzealous that they fail to realize they are actually losing more than winning. The best way to play poker is to play with no devilish impulsions.

Investing in Penny Stocks – How to Invest in Penny Stocks Profitably

Investing in penny stocks has its share of ups and downs, tips to be adopted for greater success and pitfalls to avoid. This isn’t gambling if you know what you’re doing. You need to think of it as increasing the value of your investment portfolio with smaller seed capital but with larger returns to compensate for the higher risks involved. 

The Upside

With these stocks, you can start investing and earning with as little as $100 to open your online account.  Indeed, you are well advised to start with a minimal capital investment while you are learning the ropes of the business.  It does not help your stock investment portfolio to put in more than you can afford to lose!

Another benefit of investing in penny stocks is that you can have huge profits out of small investments. Well, of course, you have to know the basics of the business before this happens but the potential is exciting. Also, you can avail of the services of online discount brokers for these investments. Unlike traditional stockbrokers, you can save on the high costs of sundry service fees and commissions with these discount brokers.  In effect, your bottom line will benefit. 

How To Invest Profitably

In order secure the most benefits out of investing in penny stocks, you can apply the following tips: 

  • Look for the stocks with the highest price-earnings ration but the lowest price-earnings-growth ratio. 
  • Stick to your entry and exit plans.  You must control your monetary greed even when it seems that the penny stock in consideration will rise in value after you have reached your profit limit – it often will not move in the way you predict or desire. 
  • Go with the market flow.  You cannot control the market and as such, it is futile to want to change it to suit your profit objectives. 
  • Make decisions based on reliable information coming from the thorough analysis of charts and other tools necessary for successful investing. Inside information and hot tips can be manipulative practices meant to deceive investors and, hence, rob them of their money. 

The bottom line is that these stocks operate in similar ways as their Big Board-listed stock counterparts.  Hence, you can apply your knowledge in mainstream stock trading to penny stock trading with a few revisions to account for the higher risks involved. 

The Risks

Speaking of risks, you must avoid the pitfalls that come with these investments. Keep in mind that these stocks can be very speculative and can be easily manipulated, which means that investors must maintain vigilance over their investments decisions.  One of the most notable pitfalls in trading these stocks is the provision of misleading financial statements to investors.  You have to double check with independent bodies like the Securities and Exchange Commission, when applicable. 

Investing in penny stocks is a good decision where your investment portfolio is concerned.  You can enjoy the benefits just as long as you adopt smart investment management and avoid the pitfalls.