M White

𝗧𝗥𝗘𝗡𝗗𝗜𝗡𝗚: NFL sports bettors are demanding that the FBI investigate the Jets after they kicked a field goal while trailing by 10 points with only 30 seconds left. The betting spread was -7.5 for the Patriots. An extremely suspicious ending...🧐

I’m watching a movie from 1944 and the journalist character just said they make 50 cents a word 🫠

BREAKING: President Trump reveals his new anti-fraud program set up to reward people who expose fraud with a 1% commission on the money uncovered. "If you turn somebody in and you, let's say report and you find $1 billion, we are giving a commission to that person of 1%."

Bob Costas was 18 when his father dropped dead at JFK airport. At the wake, a man handed him a thick envelope with $6,000 in $100 bills. It was everything his father left behind, and a bookie would never have paid it to a dead man. In the video below, he tells the story himself. His father, John, was a big-time gambler. Not casinos, not racetracks. Ball games. Bob says the mortgage was literally riding on his bets. When the games went the wrong way, he threw things, cursed and yelled. Bob’s mom and sister would leave. Bob stayed, because watching the games with his dad was the only way to be close to him. Friday, May 15, 1970. A cop knocks on the door. Before he says a word, Bob’s mother asks, “My husband’s dead, isn’t he?” John Costas had a heart attack walking through JFK. He was 42. At the wake, one of his gambling buddies walked in with the envelope. “Your father was up when he died. Give this to your mother.” A bookie never pays a dead man, so the friend went to the bookie himself and said John sent him to collect. Decades later, Bob Costas refused to read sports betting ads on air. Today the bookie lives in everyone’s phone. Is that progress?

Was recently at a bar where drinks were dynamically priced, i.e. the more people bought a particular drink, the more expensive it became (price would then decayed over time towards a floor). Fascinating to watch a few market mechanisms play out in a bar: People ventured outside their usual orders in search of cheaper alternatives, often discovering new favorites in the process. Others treated rising prices as signals of quality, happily paying premiums to try expensive drinks they’d never had before. More experienced drinkers behaved like value investors, picking up underpriced drinks they already knew were good while everyone else chased the popular ones. Price discovery, information leakage, herding, and utility trades all unfolded over rounds of drinks. More bars should try this.

Those kids aren’t hopping up and down. There’s a bunch of friends under the stadium shaking it.

.@POTUS: "We've given a lot to Ukraine. They've given nothing to us. Remember that."

Tuberville: "Zelensky will play hardball, but you know what? He's not even a player in the game. Putin, President Trump, and the people on our side will make the final decision about Ukraine's future."