If you are serious about betting that much money it is not worth it in this case because Floyd is heavily favored. You will put up 10 grand to not gain a whole lot if you win.
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I'm Putting $10,000+ on Mayweather vs Ortiz
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Originally posted by Manny_ate_myDog View PostSubject: TREAT AS URGENT CONFIDENTIAL
FROM DR MANNY ATE MY DOG
AUDITING AND ACCOUNTING UNIT.
FOREIGN REMITTANCE DEPT.
INTERNATIONAL BANK OF AFRICA
TEL 228 0-5-5-1-5-2
LOME - TOGO
ATTN: BoxingGenius27
I am DR MANNY ATE MY DOG, the director in charge of auditing and accounting section of international bank of Africa Lome-Togo in west Africa with due respect and regards. I have decided to contact you on a business transaction that will be very beneficial to both of us at the end of the transaction.
During our investigation and audting in this bank, my department came across a very huge sum of money belonging to a deceased person who died on November 1997 in a plane crash and the fund has been dormant in his account with this bank without any claim of the fund in our custody either from his family or relation before our discovery to this development.
Although personally, I kept this information secret within myself and partner to enable the whole plans and idea be pofitable and successful during the time of execution. The said amount was USD$14m (fourtheen million united states dorllars). As it may intrest you to know, I got your impressive information through my good friend who works with chamber of commerce on foriegn business relations here in Lome-Togo. It is him who recommended your person to me to be viable and capable to champion a business of such magnitude without any problem. Meanwhile all the whole arrangement to put claim over this fund as the bonafide next of kin to the deceased, get the required approval and transfer this money to a foriegn account has been put in place and directives and needed information will be relayed to you as soon as you indicate your intrest and willingness to assist us and also benefit your self to this great business opportunity.
In fact I could have done this deal alone but because of my position in this country as a civil servant, we are not allowed to operate a foriegn account and would eventually raise an eye brow on my side during the time of transfer because I work in this bank. This is the actual reason why it will require a second party or fellow who will forward claims as the next of kin with affidavit of trust of Oath to the bank and also present a foriegn account where he will need the money to be re-transfered into on his request as it may be after due verification and clarification by designation bank account.
I will not fail to inform you that this transaction is 100% risk free. On smoth conclusion of this transaction, you will be entitiled to 30% of the total sum as gratification, while 10% will be set aside to take care of expenses that may arise during the time of transfer and also telephone bills, while 60% will be for me and my partners. Please,you have been adviced to keep top secret as we are still in service and intend to retire from service after we conclude this deal with you. I will be monitoring the whole situation here in this bank until you confirm the money in your account. And ask us to come down to your country for subsequent sharing of the fund according to percentages previously indicated and further investment, either in your country or any country you advice us to invest in.All other necessary information will be sent to you when I hear from you.I suggest you get back to me as soon as possible stating your wish in this deal.
Yours faithfully,
Dr MANNY ATE MY DOG.
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Odds for this one are pretty dire unless you think Ortiz will win.
7th round or over is 1/4. Might put twenty quid on it. Only get 5 and my money back tho.
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Originally posted by BoxingGenius27 View PostConsidering the market? lol
I will lose more money on the market before on Floyd. Floyd/vitali have better returns than the market.
Floyd > Market
Low interest on mortgages + Near bottom/bottom prices on homes/condos + Renters market/Buyers market = Rent that **** out.. and get some income on the side (+ property).
Buy when others fear/Sell when others buy. Buy low/Sell high.
But go ahead and throw your 10k on Floyd.Last edited by | THE KING |; 08-13-2011, 01:17 PM.
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Originally posted by | THE KING | View PostWow in bold.
Low interest on mortgages + Near bottom/bottom prices on homes/condos + Renters market/Buyers market = Rent that **** out.. and get some income on the side (+ property).
But go ahead and throw your 10k on Floyd.
The only point you made is renting it out. This is true, but until the market completely recovers, they're doing nothing more than paying your mortgage. In other words you're breaking even with the bank. Unless you overly charge some knucklehead monthly rent.
As of right now, 8/13/2011, Floyd and Vitali have the quickest and higher returns, IMO. It's just a matter of figuring out this whole betting system.
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Originally posted by BoxingGenius27 View PostIf the betting odds are 8-1 for Mayweather, how much profit will I get for putting $10,000 on Mayweather?
Also, how much do I need to put down to make a $10,000 profit?
This is my first time betting so I am new to how the odds work.
Help needed. Thanks in advance.
I prefer to bet on the stock market instead, high yielding bonds suit me better. I've made only one boxing bet in my life when I bet $1000 that Wladimir Klitschko would beat Sam Peter on points in their 1st fight. I got 13.5-1, so made roughly $13,000. I've not bet since, but as a separate experiment, invested that $13,000 in a single Brazilian medium term high Yield Bond. I sold last week when the US market and $ took a huge dive and made a 42% profit on the exchange rate, plus a steady 9.75% Dividend.
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Originally posted by BoxingGenius27 View PostThose numbers are low like that because of the market. They know people are losing left and right so they're using it as bait.
The only point you made is renting it out. This is true, but until the market completely recovers, they're doing nothing more than paying your mortgage. In other words you're breaking even with the bank. Unless you overly charge some knucklehead monthly rent.
As of right now, 8/13/2011, Floyd and Vitali have the quickest and higher returns, IMO. It's just a matter of figuring out this whole betting system.
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