Completely daft messages on social media

[Derek27]

No tax on gambling

Just a regular Wednesday morning mugging of 40-60% instead

20% payers get mugged as well.

[Derek27]

The pricing of trading time is irrelevant with regards to teaching. The ability to teach, articulate and communicate to others isn't dependent on what you earn per hour. Wanting compensation for missing out on trading time is a different thing all together. And still, any supposed hourly figure could be simply made up.

I think the reasons for doing these types of events isn't and shouldn't be about how much money you can earn from them. I think there's other reasons that play a big part. These can include improving profile/status, networking, social and potential future opportunities with media and other events. One thing can quickly lead to another and it's always good to broaden your horizons and test yourself.

I was thinking along those lines. Some people enjoy teaching and it may be considered as part of your time off trading rather than missing trading and needing to make as much to justify it.

[spreadbetting]

No tax on gambling

Just a regular Wednesday morning mugging of 40-60% instead

20% payers get mugged as well.

I thought you arbed your way out of charges, Derek.

[ShaunWhite]

£150 x 150 = £22,500, a few grand for the venue and you've a decent payday, certainly beats sitting at a desk all Saturday afternoon .

I think it's also said that “once a sufficiency has been suffonsified, anything additional would be superfluous”. Basically a day off won't kill you if you're minted.

[Euler]

Not completely sure you call prepping and running a 22k a day event a 'day off'

Let's be honest and put all the fluff aside it was a commercial opportunity, they took it and it will probably have a fair impact on their yearly earnings. Fair play.

Previous events that Betfair had tried to run were deliberately disrupted so Betfair cooled on the idea in recent years when I spoke to them.

[ShaunWhite]

Not completely sure you call prepping and running a 22k a day event a 'day off'

If it's a one man and a van operation maybe, but you pay events people to do the menial stuff and get people there, then the star guest just rocks up and talks. You don't have to turn up early to make the sandwiches or sweep up after.

[Euler]

I await that day

[Derek27]

Just a regular Wednesday morning mugging of 40-60% instead

20% payers get mugged as well.

I thought you arbed your way out of charges, Derek.

Without looking back at my posts I don't think I ever said that I've completely avoided PC.

A few years ago when I was using 5-6 bookie accounts I wasn't doing much trading and spent the evenings arbing and lost enough with Betfair to give me a PC deficit that lasted several weeks. There's been the odd week last year where my arbing losses wiped out my trading profits, but generally arbing can only reduce PC rather than eliminate it altogether, depending on the scale of your trading (losing £500 means roughly £100 less PC). But those days are long gone as I no longer have a usable bookie account.

[ShaunWhite]

I await that day

You're heading in that direction judging by all the fans you've got.

[ruthlessimon]

I await that day

Put it this way, if it didn't sell out. Good

I'll bring my laptop & we'll talk spreadsheets for 24hrs

-actually that would be quite a hard days work

[ShaunWhite]

I'll bring my laptop & we'll talk spreadsheets for 24hrs

Have you got that on your Tinder profile ?

[PDC]

it was a commercial opportunity, they took it and it will probably have a fair impact on their yearly earnings. Fair play.

Previous events that Betfair had tried to run were deliberately disrupted so Betfair cooled on the idea in recent years when I spoke to them.

I would be surprised if making ~£7k gross each before costs is likely to have that bigger impact on their yearly earnings. It will give them a bump I am sure. Or do you know something about how much each earns that I don't?

When you say previous events that Betfair had tried to run were deliberately disrupted what do you mean? That sounds a bit cryptic, how were they deliberately disrupted and by who?

Edit: I have just noticed that the owner of another software provider associated with the event last Saturday has deleted a tweet this morning posted last night that was having a pop at Peter. I am not surprised it has been removed given the reaction it was getting, it was all very school playground type stuff.

[JTEDL]

Edit: I have just noticed that the owner of another software provider associated with the event last Saturday has deleted a tweet this morning posted last night that was having a pop at Peter. I am not surprised it has been removed given the reaction it was getting, it was all very school playground type stuff.

saw that too last night, he got quite a bit of grief of some of that particular software users too, couple saying they won't be renewing and will use other software from now on

[spreadbetting]

I did notice the link to mugs site about taking Saturdays off, the bit about the trading event was funny trying to imply they set it up as some jolly up and had nothing to do with trading or money.

" If your life is so sad and you are so narrow-minded, that you refuse to give up a Saturdays’ trading to do something that isn’t trading, be that either a gig like this"

Was a bit surprised to see Steve having a sly dig to be honest as he used to be quite a forum regular on here and never seemed to be his style. I'd have thought they'd be resting on their laurels as the event seems to have been a success with everyone enjoying it.

[Trader Pat]

I didnt see the tweet but I've read the blog post, dont understand why it has to degenerate into petty name calling.

Interesting though that for people who don't care what others think they seem to spend a lot of time in this forum under assumed identities Better watch what I say, don't want anyone paying me a visit in the middle of the night!