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Author: [Props & Futures] Topic: here's something new to check out, futures and more
thehippy
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thehippy
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#1
Posted: 4/14/2005 4:31:39 PM
Ive been playing around with a new type of service (stocketmarketsportsdotcom), you buy shares in a team (pro-college), player (golfer/nascar driver) and they are offering futures for championship tournaments and so on.  
 
The cool thing is your stock or issue is good for life, pays a dividend when your team/player wins and in racing, finishes in the top leader boards. Working with what we traditionally call the juice, being divied between the provider and the dividend pool, every buy and sell increases the game pot and season pot. Winning side plunders a portion of the losing side (percentage is representative of the ranking difference i.e. team ranked 20 beats number 1, the plunder percentage is higher then if it was reversed)  
 
Because you invest, it is skill based so it is not grey area or recognized as a gaming service. In actuality, every share is a future as you can purchase shares in a low ranking team with the expectation that they will improve in time and win more games/matches.  
 
I bought futures in the NCAA, UEFA and now Im waiting on the NBA futures.  
 
In comparing what the books offer for a payoff and what the return is from the mutual pool format, I find a lot of value. As a team progresses, in the future format, the demand and value increases so you can unload to someone else at a price that was higher then your initial cost.  
 
Im just starting to get the hang of this, the weekly leader board of traders shows some players are reaping in thousands a week in dividends. Sure would like to find more people who are playing this new service as it is like day trading sports and by utilizing it along with gaming services, if it is managed properly, can likely guarantee players who have good math and risk management skills will truly increase their profits and likely have a nest egg for years to come. Anyone out there using it? stockmarketsports ? Love to hear some feed back .  
 
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Reacharound send a private message View Space | Blog | Friends | Playbook |
Reacharound
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#2
Posted: 4/15/2005 6:33:51 AM
hmm thats pretty interesting,
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fiestaduck send a private message View Space | Friends | Playbook |
fiestaduck
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#3
Posted: 4/19/2005 1:45:30 PM
Trying to understand this better. Might throw a couple hundred bucks into it and see if I can learn the process. Looks like a lot of fun with less risk then betting straight games.  
 
Thanks for the info. Probably won't join for another week, after that I will give you feed back on how I percieve the stockmarketsports.com  
 
Thanks again
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thehippy
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#4
Posted: 4/20/2005 4:20:10 AM
Your very welcome, check out the website promo forums, some banter starting and info and assistance, the volume is getting huge, likely be 100k people on that site in a year, great time to get in, as early players get the IPO releases, most start out being offering from between 5.00 (low ranked teams/players) to 15.00 (top ranked). Most of the leagues and divisions are trading between 25.00 to 50.00. I know tennis is being released on the upcoming weekend, so i am going to grab shares in some of the top men and women players. Its party awesome, its like owning shares in teams and players. I can guarantee you'll love it. Make sure you use the tutorials and help sections, this will be the eBay of the gaming world.  
 
Good luck!!
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thehippy
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#5
Posted: 4/22/2005 3:46:06 AM
The NBA Championship Futures are out now!! Some great deals!! Should be a lot of activity.
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thehippy
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#6
Posted: 5/14/2005 11:49:14 AM
hwy, they added Horse Racing now!
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thehippy
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#7
Posted: 5/23/2005 7:01:13 PM
here comes CFL, next weekend...Im doing quite well with this new form of skill based gaming, be cool to hear from others who are playing there...
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thehippy
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#8
Posted: 7/27/2005 4:43:09 AM
NHL IPO's coming up!! stockmarketsports.com, they have a huge bonus right now, 100% up to a max 250 and a free $25 if you contact there live support, this thing is going to be huge!! I started with 400 took it up to 1,400 twice and now it is back to 800, un-effin believable, never have I had as much success with a book. Also, I can use this to hedge my plays. made it so my parlays are basically free shots....Awesome stuff... Fiestaduck, did you ever sign up? Love to hear your thoughts..  
 
I think they will issue NHL Playoff futures early. Cool thing is, you can buy at a low price and experience a profit by selling or using the sales to achieve comp future plays. Also, they do pay out on the runner up too!! So if your team loses in the finals, you still get a return.... I like that!!
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thehippy
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#9
Posted: 3/8/2006 12:15:27 PM
http://torontosun.com/Sports/OtherSports/2006/03/08/1478126-sun.html  
 
great story about this site in the toronto sun today, two page spread.  
 
http://stockmarketsports.com it is going to be big. I am not sure though if they will keep offering futures but something is coming up for the NCAA Final Four tournament. For the superbowl, they did a joint promo with the Michael J Fox foundation (parkinson's research) and Delorean Motor Corp with the "Back to the Futures Superbowl giveaway, someone won a custom Delorean, sweet ride!!  
Anyway, Cheers.
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KktdocT
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KktdocT
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#10
Posted: 1/10/2010 7:06:36 PM
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