What is Casino | What Do Casinos, Bookies and Market Makers Have in Common?

Of casinos, bookies and bazaar makers.For the accomplished 25 years I accept been ardent adherent of all three businesses – casinos, bookies and bazaar makers. And by supporter, I beggarly my harder becoming money has gone to abutment these businesses.At some point it occurred to me that these business models are affiliated and that affiliation became the admission to a advance in my achievement and profitability.Let’s attending at these business models:CASINOSCasinos accomplish money because every bold they action has a congenital in statistical advantage for the casino. That bend can be actual baby (lower than two percent), but over time and the millions of bets placed by bank patrons, that bend earns the bank abundant money to body busy hotels, fountains, behemothic pyramids, building and replicas of acclaimed landmarks.BOOKIESGenerally, a bookie is an able in the acreage in which he or she offers bets. Bookies accept to be acutely knowledgeable, or they will not be able to about-face a profit.

The ambition of a bookie is to set up a point advance which allows him or her to accumulation no bulk what the aftereffect of an accident is. This requires a connected acclimation of the odds, and in some cases a bookie may even buy bets from addition bookie to actualize a adapted spread.MARKET MAKERS:Ever anticipate about how you can just alarm your agent (or go online) and in a moment’s apprehension advertise 1,000 shares of Cisco? I mean, who is affairs those shares? How does that absolutely work?Well, a bazaar maker is to acknowledge for this. There are people, bazaar makers, that are accommodating to be there, continuing by at all times, to buy or affiance to advertise any accustomed stock. They will buy whatever you are selling, or they will go out and get whatever you wish to buy. They are the grease in the auto of the market.What is interesting, from our perspective, is HOW MARKET MAKERS MAKE THEIR MONEY!Look, they are demography a accident with every trade. Suppose they buy your 1,000 shares of Cisco that you wish to dump and afore they can advertise it the bulk drops? They are risking their assets with every barter they facilitate.How they adverse this, how they profit, is they add a little something to every trade. They buy for a little beneath than the accepted bulk and the advertise for a few cents added than the traveling rate. They don’t charge a lot of mark up. Just a few pennies on either ancillary – but accustomed the aggregate of what they do, they wind up ahead.Not alone is their accident mitigated, but the bulk they add puts the allowance on their side. They are not arena for the banal to acceleration or abatement at all. They just wish there to be volume!THE MILLION DOLLAR CONNECTION

Can you see it? All three accomplish their money by guaranteeing that THEY accept the statistical advantage at all times.None of them charge to (or attending to) win big. No, their money comes from the EDGE that they authorize BEFORE any bets are placed. In fact, they are the ones TAKING the bets, not MAKING the bets.All they charge is a baby bend and they know, mathematically that they are traveling to appear out ahead.So what of it? Good for them. What does that accept to do with us?Well, what if I told you there was a way to accretion the aforementioned statistical advantage that casinos, bookies and bazaar makers have? What if I told you that there was a way for you to stop MAKING trades and alpha TAKING trades (just like a casino, bookie and bazaar maker)?I wish you to apperceive that there is. You can barter like a bookie. You can barter like a casino. You can use bazaar makers to be a bazaar maker.