Contents
This website is using a security service to protect itself from online attacks. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. I also provided frequent market assessments and recommended trading positions to major trading firms, such as Enron, Phibro, Sempra and Vitol, and to large hedge funds. Equinor started production on the giant Johan Sverdrup offshore oilfield on Oct. 5, two months ahead of schedule and under budget. The field already was producing well over 300,000 b/d and loading volumes are expected to average around 400,000 b/d in December.
- An assessment of the lost revenues is needed if some power plants, such as wind turbines, have absolute priority (must-run plants).
- BOL wins handily in terms of the extra value it provides to new and returning poker enthusiasts.
- At step 170, betting system platform 16 may determine a payout amount for winning spread-based index bets 80 determined at step 168 based at least in part on the unit stake and the quote of winning index bets 80, and the total number of units earned by the participant covered by the index bet 80.
Betting system platform 16 may maintain and communicate a running total of units earned by the particular participant to clients 20 via one or more various betting system interfaces 14. At step 170, betting system platform 16 may determine a payout amount for winning spread-based index bets 80 determined at step 168 based at least in part on the unit stake and the quote of winning index bets 80, and the total number of units earned by the participant covered by the index bet 80. At step 172, clients 20 who made winning spread-based index bets 80 may collect their payouts through various betting system interfaces 14, such as tellers 30 or self-serving machines 33 at tracks or OTB establishments, or websites 36, for example. In some embodiments, betting system platform 16 may offer new over/under index bets 82 for the same participant after one or more of the events in the plurality of events has occurred, to permit additional betting based on the performance of the participant up to that point. This may be useful to accommodate clients 20 who miss one or more of the group of events, such as clients 20 arriving late at the track. Each new over/under index bets 82 may comprise a bet regarding the total number of units that will be earned by the participant in each of the remaining events .
The EUA-sCER Spread: Compliance Strategies and Arbitrage in the European Carbon Market
The payout for range index bets 84 may be determined according to traditional pari-mutuel principles. For example, suppose for the range index bet 84 discussed above that $100 was bet on Range 1, $200 on Range 2, $300 on Range 3, $400 on Range 4, $500 on Range 5, $600 on Range 6, and $700 on Range 7. Suppose again that the jockey earned a total of 198, and that range index bets 84 on Range 3 are winning bets. Similarly, if jockey Campbell lost an early race on a heavy favorite, the index number for a new over/under index bet 82 offered after the early race would be lower than that of the original over/under index bet 82.
The spark spread is typically calculated using daily spot prices for natural gas and power at various regional trading points. At step 158, betting system platform 16 may close the betting on particular spread-based index bets 80 before the start of the first of the plurality of events covered by the particular index bets 80, such as the first race in a group of races, for example. In the example discussed above, betting system platform 16 may close the betting on over bets 82A and under bets 82B for jockey Jennings just before the start of the first race.
Climate spread is also interesting in that it is the fundamental driver for the price of carbon credits. Since the ETS cap-and-trade system covers the major polluting industries, power generation by coal- and gas-fired power plants, by far the largest power sources, create the most carbon credit demand within the ETS. To cover emissions on an ever-tightening ration of free EUA allowances, a coal-fired powered power plant will either have to abate internally or buy credits.
Purse index bets 88 may comprise any of the types of index bets 80 described above in which the relevant units is the amount of purse money earned or won by a particular participant in the plurality of events. Thus, for purse index bets 88, the unit distribution structure is equal to the purse distribution structure for each of the events. Thus, instead of using points or some other form of units, purse index bets 88 are based on the amount of purse money won by the participant (or the participant’s horses) over the course of the groups of events.
Charles is a nationally recognized capital markets specialist and educator with over 30 years of experience developing in-depth training programs for burgeoning financial professionals. Charles has taught at a number of institutions including Goldman Sachs, Morgan Stanley, Societe Generale, and many more. Along with guts and money, brains made up the three things that McNeil believed every gambler needed. Calculating his career results in 1957, he figured he had been a winner in 25 of 27 seasons betting on college football, making an average of $320,000 a year.
ZOLTEK’s quality system focuses on spool-to-spool consistency yielding low coefficients of variation. ZOLTEK’s Type-45 format is characterized by a series of industry-leading benefits that make it an ideal solution for a variety of unique applications. Plus, ZOLTEK’s Type-45 chopped pellet distributes easily during compounding, thus improving overall process and product performance. ZOLTEK’s Type-65 format is characterized by a series of industry-leading benefits that make it an ideal solution for a variety of unique applications. Plus, ZOLTEK’s Type-65 chopped pellet distributes easily during compounding, thus improving overall process and product performance.
Demand side analytics factors
In keeping with ZOLTEK’s commitment to providing ideal solutions to a variety of application challenges, this product’s unique fiber spreading techniques enable a wide range of fabric weights and constructions for composite part applications. Specially constructed for enhanced infusibility, ZOLTEK’s Uni-Directional Fabric also allows for a rapid build-up of part thickness. Depending on an application’s unique needs, fabric treatment such as binders can be added to the fabric. ZOLTEK’s PX35 carbon fiber also has excellent mechanical and electrical properties including electrical conductivity, dimensional stability, and low thermal expansion. ZOLTEK, together with Toray, has developed a new innovative technology and input material for Sheet Molding Compound for compression molding. SMC is a material consisting of resin and chopped carbon fiber which is placed into matched metal tooling to mold a finished part.
If the spark spread is small on a particular day, electricity production might be delayed until a more profitable spread arises. At step 160, the plurality of events covered by the index bets 80 occur, such as the running of a group of horse or car races, for example. In the example discussed above, the horse races at London Downs are run at step 160. At step 162, results of the events, including the positioning of the participants in each event, are received by betting system platform 16.
Poker, Casino, Sports and Gambling News, Articles, and Editorials
In general, communication network 44 may include any interconnection found on any communication network, such as a telephone network, a local area network , metropolitan area network , wide area network , the Internet, portions of the Internet, or any other data exchange system. To access betting system interface 14 using communication networks 44, clients 20 may use a computer, a personal digital assistant , a cell-phone, a remote paging device, an electronic mail communication device, a handheld betting device, or any other suitable mobile device. In certain embodiments, clients 20 may receive any suitable information, such as betting information, from betting system platform 16 via mobile devices using, for example, communication networks 44 and betting system interfaces 14. First, the total of the bet amounts for range index bets 84 made for each range (Ranges 1-7) are combined to create a betting pool, which is equal to $2,800. The 20% take-out (or $560) or commission may be removed from the betting pool, leaving $2,240, which may then be divided among all winning bets (i.e., bets on Range 3), in proportion to the bet amount of each winning bet.
2 illustrates an example method of placing various index bets 80 in a pari-mutuel betting system according to an embodiment of the present invention. At step 100, one or more types of index bets 80 are offered by betting system platform 16 for a plurality of events having a plurality of participants. For example, for a day of horse racing at Kentucky Downs, betting system platform 16 may offer over/under index bets 82 for jockey Goodman who is racing in six of the ten races on the race card for that day. Suppose betting system platform 16 assigns an index number of 85 to the index bets 82 such that the index bets 82 include over bets 82A that jockey Goodman will earn 85 or more points during the day and under bets 82B that jockey Goodman will earn less than 85 points during the day. Event parameters 58 may comprise various parameters of one or more betting events, such as, for example, the type of event, the time, date and location of the event and/or the number of each of the participants in the event. Calculation rules 62 may comprise various equations or other algorithms to be used by processor 38 in determining various current bet data 50.
- In the example discussed above, over bets 82A and under bets 82B may be offered and placed after one or more of the races at Kentucky Downs, one or more of which jockey Goodman may have raced in.
- You can learn more about the standards we follow in producing accurate, unbiased content in oureditorial policy.
- At step 166, betting system platform 16 may determine the number of units earned various participants in the plurality of events based at least in part on the positioning of the various participants in each event.
One advantage is that a betting provider may allow clients to place index bets on the performance of a particular participant in a plurality of betting events, such as a jockey in a group of horse races or a driver in a group of car races, for example. Thus, bettors why the swiss franc is so strong may place wagers on particular participants for a series of events, rather than on each individual event. In addition, a bettor may “cash out” or settle an index bet during the life of the bet in order to mitigate potential losses or lock in guaranteed gains.
Spark Spread
For example, some head-to-head index bets 86 comprise a bet that the number of units earned by a participant will exceed an index number before the number of units earned by any other participant exceeds the index number. Other head-to-head index bets 86 comprise a bet that a particular participant will earn more units over the course of the plurality of events than any other participant. As discussed above regarding over/under index bets 82, range index bets 84 may be structured such as to permit a client 20 to “cash out,” or request and receive a settlement payment for his or her range index bet 84 after one or more of the plurality of events have occurred. The ranges for a particular range index bet 84 may be determined based at least in part on an index number which represents the estimated or predicted total number of units that will be earned by the particular participant over the course of the group of events.
Even if the underdog Vikings were to lose, provided it’s by five or fewer points, they would “beat the spread” and pay off for those who bet on them. In countries that are covered by the European Union Emissions Trading Scheme, generators have to consider also the cost of carbon dioxide emission allowances that will be under a cap and trade regime. Forced to 5 steps to become a sql server database administrator close in June 2020after its swap counterparty, Shell Trading Switzerland terminated the purchase agreement along with eight oil ETPs. The fund was relaunched in August 2021 with two counterparties, instead of only one in the previous fund. To find out more about the victor of this matchup, including how to create a new account, consult our BetOnline review.
- In some embodiments, pre-set adjustments may be made in the event of a late scratch or other similar event, such as a cancelled race or the late scratch of one of the horses which was to be ridden by the jockey covered by an over/under index bet 82.
- Betting on oil effectively demands an understanding of how these triggers interrelate and factor in on the price of oil, to enable speculation on future prices off the back of economic and demand/supply indicators.
- Forced to close in June 2020after its swap counterparty, Shell Trading Switzerland terminated the purchase agreement along with eight oil ETPs.
- Unlike odds, which can confuse casual gamblers, limit interest in lopsided games, and tilt action toward the favored team, the point spread encourages betting on both sides.
- Energy derivatives allow investors to hedge against or speculate on changes in electricity prices.
Event results 64 may comprise various data regarding the results of one or more betting events, such as the final position of each participant in an event, whether there was a tie or dead heat for any position and/or whether any participants did not finish the event, for example. Bet results 66 may comprise various data regarding the results of various index bets 80, such as the identity of the client 20 who placed the bet 80, whether the bet 80 was a winning bet, the determined payout for the bet 80 and/or whether the payout was distributed to the client 20, for example. Processor 38 is generally operable to execute various algorithms mahifx or calculations to determine current bet data 50, such as index numbers 51, bet amounts 52, betting pools 54 and/or potential payout data 56. Processor 38 may comprise any suitable processor that executes a betting system software application 42 or other computer instructions, such as a central processing unit or other microprocessor, and may include any suitable number of processors working together. For one or more types of purse index bets 88, an index number may be determined which represents an amount of purse money to be earned by the participant (or the participant’s horses) over the course of the groups of events.
At step 168, betting system platform 16 may determine which spread-based index bets 80 are winning bets based at least in part on the number of units earned by various participants in the plurality of events and the spread quote for the particular index bet 80. In the example discussed above, betting system platform 16 may determine whether the over bets 82A or under bets 82B for jockey Jennings are winning bets based at least in part on whether jockey Goodman earned less than 45 points, between 45 and 48 points, or more than 48 points. In addition, in a situation in which two or more participants reach the index number in the same event, the participant with the highest total number of units after that event would be the winning participant for the purpose of determining which head-to-head index bets 86 are winning bets. The index number used for head-to-head index bets 86 that comprise a race to an index number may be determined by betting system platform 16 based on various parameters.
The participants in such betting events may include jockeys, drivers, horses or dogs, for example. For example, for an index bet 80 based on a particular jockey in a group of ten horse races, the set of jockeys riding in each race may change from race to race, and the particular jockey may be racing in only six of the ten races. Unlike index bets 80 which are based on a point system as described above, purse index bets 88 distinguish between winning races with different size purses.
More than 97% of the compound is used in the final molded part with very little edge trim or other scrap. IG said on Tuesday robust trading through August and September last year would make revenue figures in the early part of the current financial year weaker by comparison. Petroleum, also called crude oil, is a naturally occurring liquid found beneath the earth’s surface that can be refined into fuel. Spark spread can be used to assess the loss of revenue if a power station is switched from a normal running scenario to one where it is held in reserve to provide power when a large population of wind, or other renewable generators, is unable to generate. CCA and RGGI contracts based on the total dollar volume of the current year expiry December contract for the six-month period ending five business days prior to the first business day of September each year. The Alcohol and Gaming Commission of Ontario Canada levied a $48,000 CAD fine on Unibet after ruling that the operator “breached advertising and inducements regulations.”