Termyn8or
Posts: 18681
Joined: 11/12/2005
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"ken barney admitted that the federal reserve CAUSED the depression of 29. "
I don't care what some schmuck admitted. We all know what caused it. To say that some dude admitting it is evidence is as bad as what others do, take someone's word for shit. And it is shit.
It wasn't one person or entity that did it. What you have to understand is how the trends work and are read by winners. They didn't even have to know each other. I'm going to give you an analogy which I hope you can understand. If not I will elaborate.
I'll go to the track when it is not that crowded. Now let me tell you something, gambling is not a game to be played like a crap shoot, you can't get indications in a crap game. You can't get clear indications when the track is crowded. This bolsters the winners winnings. Sheeple will tell you not to gamble and they are right, because you don't know what the fuck you're doing.
There is a race every nineteen minutes or so generally. Odds are posted. Odds change. But the odds do not really change, the pot odds change. That happens solely based on the bets placed, nothing else. If it rains or some shit, it doesn't matter. The only way it might matter is if a horse is somehow disqualified.
You MFs better appreciate this......
There is post time, there is a time when the windows close and they close for everyone including the big money. The big money knows that their bets will change the pot odds against their favor. This is an economical fact and that's why the track does it this way. Like a bookie they do not win every bet. They make their money on what's referred to as the house edge. This is tightly controlled by statutory law and if they cheat they get BIG problems. So their take cannot exceed a certain amount, actually a precentage.
As such they adjust the pot odds, what you see on the board. That is the payoff ratio which has absolutely nothing to do with the real odds of any horse winning, placing or showing. The way to win, and don't get me wrong, you will also lose, but the way to win is to follow the big money. How is that done ?
That's why the place must not be crowded. The bets placed by the lil ole Ladies playing trifectas based on their grandkids' birthdays slew the readings too much for valid analysis. When the place is not that crowded, the big money has the most influence on the pot odds.
The actual odds do have something to do with the pot odds in the beginning, but as post time nears it changes. You watch all the longshots and see which ones are dropping like a rock. Sheeple wisdom would say this is illogical, but the opposite is true. When you see something drop from 22:1 to 14:1 in four seconds, you bet on that. You are then taking advantage of the knowledge that the pros have, riding their coattails actually. But you have to bet as late as possible because that is what the big money does. They do that for a reason. Part of the reason is that they know people like me might also be betting.
In the end what happens is big money usually makes money, and all the Grandmas at the track lose, which is what keeps the track in operation. They do have a bit in the way of operating costs y'know. Overall the house never loses, people lose, but not all the people. Otherwise they wouldn't do it, in fact they wouldn't be able.
In this way folks like me detract from the house's profit, but ask me if I care. And the stock market is the same way to some extent. Conditions can affect a stock's value or P/E, but some know in advance, others know right away and act, and others don't know and they lose.
And you heard about stockbrokers jumping out of windows right ? Well why ? They make money on trades, buy or sell they get a comission. Why would they jump to their deaths ?
I'll tell you why, because they were playing the float. Just like runners for bookies used to do shortly before they were found in a pool of blood. They were about to get busted for not executing sales which amounts to shorting with other people's money or not executing shorts which amounts to buying stock with other people's money. Both without their customers' knowledge. That's why they killed themselves.
Ever bet football tickets ? Six bucks, pick I think three teams, not sure anymore. But you could win a hundred or so. Well if the runner doesn't turn the slips and the money in to the bookie the runner is on the hook if the people win. If the people lose the runner makes money. Some honest runners would die before failing to turn it in, others will take the gamble, and if they're caught shit happens. I am fine with that. But if the runner always wins he never gets caught. Well in the crash they all got caught doing it, well those who were.
There was a similar game going on in the insurance industry, it was dubbed gambling with the float, which is the same thing. Insurance salesmen would not turn in the premiums and be happy with their comission, they saw the pile of money and wanted it all. So they took the money and people who thought they were insured were not. Everything goes along fine until there is a claim. Then people go to prison.
Same shit all the way around. And even Ken's perspective might not be all wrong. There may have been small private banks run by goniffs, but that wasn't the rule so much as the exception. People would put their money into the local banks because they felt they could trust the people who ran the banks. Possibly they could've. The assumption among the sheeple is that they were not trustable, but that the feds were. The centralized bank was. They were obviously wrong.
It's all the same game and has been going on for a long time.
T^T
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RE: The GAME THEY PLAY - 
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