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Re: castaways post# 24753

Monday, 05/14/2018 7:24:28 AM

Monday, May 14, 2018 7:24:28 AM

Post# of 51555
If you want to talk about carts and horses, let's talk about how TGLOers decided to put Vegas odds on this and came up with 50/50! Since TGLO shareholders came up with this idea, I'll put it in terms everyone can understand...first of all, how many guys would tell their wives, "guess what honey I just put two thousand dollars down on the Cleveland Browns to win the Superbowl before the first kickoff of the first game of the regular season" basically that's what people have done here, they have bet on a highly speculative play and it's the equivalent of betting future odds on the Superbowl, and it's the perfect analogy, because 0 business has happened, which will be shown in the 10q, so let's say the Browns did make it all the way to the big game, then the odds would be down to 50/50 BUT at that point would you go to the ATM and draw out even more of your hard earned money to bet even more on the Browns when your payoff at 100 to 1 is going to be $200,000 if the Browns win? Hell no you wouldn't. A smart person would bet against the Browns in order to hedge his bet and at least cover the original 2k that you risked at the beginning of the season, that way you could relax a little during the game. Like I say, I am riding free shares here from December, not going back to the ATM like a lot of people are, thinking that they are buying up guaranteed winning lotto tickets. Be realistic.