Gambling Hedge Fund

Mark Cuban’s got an idea to start a gambling hedge fund.  He makes a good number of comparisons between gambling and the stock market and points out how the two aren’t really all that different.

More importantly he’s reminded me to start putting up my hockey picks somewhere public and keep that record public.  I do pretty well hockey-wise and hockey gambling information isn’t really as plentiful as other sports.

The reason I haven’t yet is two-fold: One, I wanted to script out a page with live odds.  I’ve got that ready now, but of course, there’s no season.  Two, I never wanted to “endorse” gambling.  I think it’s fun, and I know there are plenty who do it, so I don’t shy away from putting up some ads or integrating the fake betting game I have into the forums on hockeyfights.com or KO Corner; but when you start posting your own picks, it brings it to another level, one I’ve never been sure I wanted to go to.

Still, it would be interesting to see how I do - and maybe pit myself against a couple of other fellow knowledgable hockey people and maybe a power ranking and prediction formula.

Posted by David M Singer on Nov 27, 2004 at 05:11 PM

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