Another great read . Modern economic theory determines that where there is a free market in which goods and services are freely tradable the market will generally determine a market price that is "efficient". On modern betting exchanges...

Origination of the article, here . What is a bookie? Many people ask this question and it was indeed one of the first "puzzles" I solved when looking at betting exchanges. Curiously I found no explanations anywhere on the internet or...

As per the definition of a hedge: [quote] To hedge a bet, to bet upon both sides; that is, after having bet on one side, to bet also on the other, thus guarding against loss.[/quote] The question arises, and it comes with great validity. When is it a...

It's been a long-time awaiting. Finally, I'll be able to write a little regarding my thoughts on everything going on the the world, ranging from sports to the economy. Heck, maybe I'll write about our new Pepsi logo, which I was involved with...