Baseball Hitting Drills – Tips and Drills For Using Hitting Stick Trainers by Nick Dixon

It is welcomed in complexes and parks because it allows safe pre-game warm-up, requires little space, and does not damage fences. The batter swings and drives the ball in a direction that would be to the opposite field. Remember to direct the ball toward the belly button or back foot of the batter.

Coaching Points:

3. Check out the Bat Action Hitting Machine baseball pitching simulator at http://BatAction.com. Positive reinforcement should be given when the batter makes good solid contact.

Baseball Hitting Drills – Tips and Drills For Using Hitting Stick Trainers

 by: Nick Dixon

1. Make sure that the hitting area is safe with no one within 15 feet of the holder or the batter.

The 4X5 Baseball and Softball Pre-game Warm-up Drill . The batter does not move. This high speed training machine is 100% Guaranteed to raise Batting Averages and has a full year warranty.

*HitnStik is a registered trademark belong to Easton Sports. This is what I call “coning out”.

7. The unit is portable and requires no setup. It is important to know the proper angles when using this product.

9. Then later came other versions including the Hit2win Trainer^ and the SKLZ Target Trainer. HIP TURNER LOCATION – The holder stands slightly behind the batter directing the ball at the batter’s bat pocket. First, the product is to be used as a “still” ball trainer. The purpose of these swings is to make the batter use the hips as the batter turns and hits the ball. The batter will drive the bat through the box. I sometimes get frustrated because I observe the product being used incorrectly.

The key to proper use of any hand-held batting device is KNOWING AND USING THE CORRECT ANGLE FOR THE DRILL YOU ARE DOING! If you do not direct or point the ball at the proper angle, the batter will always make poor contact. The ball hit is on the middle 3rd of the plate. They have different names but they all are great trainers to teach and train young players. The ball should be at a location just inside the batters back foot. The batter should take a step and drive the ball.

The http://BaseballCoachingDigest.com has a great selection of BASEBALL COACHING and TRAINING ARTICLES. This teaches the batter to allow the ball down the middle to get inside the front foot so that maximum power can be generated during the swing. If the angle is wrong, the end of the bat will hit behind the ball and the bat will never actually touch the ball. The ball should be positioned at a location inside the batters front foot. INSIDE STRIKE – The holder moves toward the direction of the pitcher from the batter. These trainers are some of the most popular baseball batting trainers used today.

10. I often see coaches and parents working with players when I visit a park. This simple rule insures that proper bat-to-ball contact is made. The batter takes 5 swings at 5 different ball locations. MIDDLE STRIKE CONTACT – The holder will move around a couple more feet. You can learn to hit without having to chase, pick-up or retrieve a single ball. The batter should keep the head still and the head should stay down with the eyes on the ball throughout the swing.

The popularity come from the benefits they offer the baseball player, baseball coach, and the baseball parent. ^Hit2win is a registered trademark of Nedco Sports Products. Check to make sure the batter is using proper grip, stance and stride mechanics.

As the inventor of the HitnStik*, Hit2win Trainer^, and SKLZ Target+ Trainer, I sometimes cringe when I see someone using the product incorrectly. The first and original version was the HitnStik*. All of these are handheld units. Allowing the ball to pass inside the front foot allows the batter to use the front foot and leg as a anchor and leverage to generate a more powerful swing.

2. This location simulates hitting a pitch over the inside 3rd of the plate. The batter should attack the inside strike earlier to keep from getting jammed.

4. The ball will be positioned in a location behind the front foot. You should not move the ball when using these trainers. Make sure the ball is directed at the batter’s back foot.

4. The holder should make sure that the trainer safety strap is used to prevent the holder from losing their grip on the trainer when the batter hits the ball.

3. Every player on the team can take 30 warm-up swings each in less than 10 minutes.

6. Make sure the batter does not over stride.

1. +SKLZ Target is a registered trademark of Pro Performance Sports.

5. AWAY STRIKE LOCATION – The holder will move around a couple more feet to give the batter a ball to hit that is on the outer 3rd of the plate. The batter may have to take a slight inward step with the front foot to properly execute this swing.

2. Make sure that the batter is swinging in a direction that is free of persons should the batter lose the grip on the bat.

There are many versions of the “ball-on-a-rod” trainer. The height of the ball should be raised and lowered in the strike zone to give the batter swings at both high and low strikes.

The holder changes location and height and allows the batter to take 6 swings at each location. The first thing to remember is that the holder should always direct the rod and ball toward the hitter’s back foot. The holder will change the location of the ball by moving.

8. All of these baseball trainers basically work and perform the same. Second, the holder must stand at the proper angle to the batter and direct the ball at the correct angle to the batter. The ball should be positioned slightly in front of the batters front foot

Nebraska college football player dies after practice

“Our thoughts and prayers go out to Goll’s family, teammates, and friends from the entire Chadron State College community,” Chadron State College president Dr. Chadron police and the Dawes County Attorney’s office are investigating Goll’s death.

CHADRON, Neb. They have our condolences and our prayers,” Long said in a statement.. — A football player at a small college in western Nebraska has died following the team’s practice Thursday.

Arrangements for memorial services are pending.

Chadron State College says it will cooperate in the police department’s investigation.

Chadron State College officials said 20-year-old freshman Eric Goll of Haines City, Florida, was taken from the practice field to Chadron Community Hospital, where he was pronounced dead at about 12:30 p.m.

The school’s football coach Jay Long said Goll was one of the happiest people he had ever met.

“Our hearts are broken for Eric’s family. Randy Rhine said in a statement.

No cause of death was announced

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How to Bet on Baseball

In the event of one of the listed pitchers not starting, then the wager is voided and the funds are returned to the player.

Author’s Bio: 

Totals:

Here you are betting on the combined number of runs accumulated by both teams at the end of a given game, and on baseball, runs on extra innings will also count  when the game has gone over nine innings.

Team action: This option allows you place a wager that doesn’t depend on pitchers, although if there is a change in listed pitchers, the odds might vary.

Run Lines:

This one is very similar to a point spread; the difference is that in baseball you are dealing with runs and not points.

Specifying a pitcher: When you bet using this option, you need to choose the pitcher for the team you are betting on, the one for the other team might vary. In baseball, an experienced bettor will always go for the  “Dime Line”, which is a line with a ten cent difference between the favorite and the underdog (for example, a bet with the Angels  as favorites at -145 and the Brewers as underdogs at +135.

Even though it is said that you can get better profits when wagering on baseball, most people will avoid placing wagers on this sport because the betting lines might appear a bit different than the regular point spread, and because we want to shed some light on the subject, we have created this article.

Team action against a listed pitcher: This one is very similar to the previous one, the only difference is that here you need the opposite listed pitcher to start the game, the one for your chosen team can vary and you will still have action.. So, as long as your chosen pitcher starts, you will have an active bet.

Pitchers:

A betting line on baseball will always depend largely on who the listed pitchers for the game are, and you are offered four different options:

On the other hand, if you were to bet on a 20 cent line, you would be getting a +125 line on Milwaukee, which means fewer profits, and even though it doesn’t sound as a lot of cash, when it comes to losing 10 cents on every dollar during a full baseball season, losses can be considerable.

Michael Hill is an avid sports fan and a sports writer who has been in the betting and price per head industry for years.

Listed Pitcher: When you are going to bet on a baseball game with listed pitchers, the ones listed for the two teams must start the game, and a pitcher is said to have started a match after throwing the initial pitch for his team. Michael writes about his experience and offers tips for other aspiring entrepreneurs who wish to make a living with sports bookmaking.

Marketing & SEO

mikehill010@gmail.com

Price Per Head

Money Lines:

This is the first element we should analyze

The most expensive college football ticket can be found here

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NMLS #1136. They’ve been No. The Alabama tickets are actually 12% cheaper than they were last season. The team’s large fan base beyond those who attended the school helps drive up demand for tickets, along with prices. That comes to an average of about $30 million per school.

Related: Under Armour signs on with Fighting Irish

Total football revenue for the 146 schools with major programs came to $3.7 billion for the 2014 season, the most recent figures reported to the federal government.

CNNMoney (New York) First published September 2, 2016: 3:21 PM ET

The most expensive college football ticket can be found here – Sep. 17 game when Ohio State visits Oklahoma will be the most expensive game in college football, with an average price of $687.86 to see the first Big Ten team to visit Oklahoma in 30 years. 2 in 2014, when they narrowly trailed Ohio State.

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While that’s little changed from what Fighting Irish fans paid last year, it’s 17% more than the average price for games at No.

The college football season starts this weekend. Notre Dame’s home game that day vs. Michigan is the fifth most expensive ticket of the season at $524.23. 1 in price three of the last four years and were No. Notre Dame football brought in nearly three times that average amount, or $86.2 million.

These are the prices that the tickets which are resold by fans, not what the teams get for tickets.

While Notre Dame has the highest average ticket prices, the Sept. That makes them only the 21st most expensive ticket, despite the team’s recent on-field success. 2, 2016 by Chris Isidore   @CNNMoney September 2, 2016: 3:21 PM ET

Fans will pay an average of $335.35 on the secondary ticket market to watch Notre Dame at home in South Bend this season, according to ticket tracker TiqIQ. 2 Ohio State this season.

Meanwhile tickets to watch defending national champions Alabama are a relative bargain at an average price of $142.28.

Notre Dame tickets are frequently the most expensive college tickets in the country

New gambling record: Betting on outcome of Brexit vote

Spread betting, on the other hand, does not provide a simple win or lose outcome, but can provide payoffs based on the accuracy of the bet. Polls suggest it is too close to call, while bookies give the “remain” side a higher chance of winning.

E.U. All Rights Reserved. That’s reflected in financial markets, where stocks and the British pound are relatively buoyant one day before the big event.

“This is comfortably the biggest political betting event in history and dwarves both the general election and the Scottish referendum,” says Lewis Davey, spokesman for Paddy Power, referring to the Scottish vote on independence last year.

Betting is his way to get in on the drama because as a foreign citizen from China he will not have a right to vote. He was back in the betting shop this week to place additional wagers on behalf of three American friends.

Such betting fever is normally associated with major sports events, with people here habitually placing wagers online or in betting shops on everything from horse races to football matches. “But my big win is to leave the E.U.”

The betting has also gained the attention of global investors as a gauge of the likelihood of an event’s outcome. He intends to vote to leave the E.U., but has placed bets on “remain” to at least get something in case of his side’s defeat.

Betfair, bookmakers Ladbrokes and Paddy Power and the Betting Research Unit at Nottingham Business School all estimate that the total value of bets on the vote placed in Britain will reach, and likely exceed, 100 million pounds.

© 2016 The Associated Press. Ladbrokes has seen a tenfold increase in recent years.

“If we are going to remain in the E.U., at least I will take compensation,” said Jones, who expects to get 3,000 pounds back in profit in such an event. The industry is expecting 100 million pounds, or nearly $150 million, to be wagered by the time the result is known in the early hours of Friday.

The bookies’ odds have largely been in synch with global financial markets.

Thursday’s vote on whether to leave the European Union, which will have lasting consequences for the country and Europe, is due to break the record as the most bet-upon political event in Britain’s history. vote as of Wednesday and expects a final amount of 50 million pounds. While the polls show this week’s vote is too close to call, bookies like Betfair are giving the “remain” side a 76 percent probability of winning. It has become increasingly popular, particularly to bet on financial markets.

Betting on political events used to be a niche area in the gambling industry but has become more widespread, particularly in Britain.

LONDON — As if the stakes were not high enough in Britain’s nail-biting vote this week, people are betting record amounts of money on its outcome.

“This is a historical event, and I want to take part in it,” said Can Zhao, an investment researcher who last week placed a 135-pound ($198) bet on “remain” at a Ladbrokes betting parlor near London’s Kings Cross train station.

For Stephen Jones, 55, betting is a form of insurance against disappointment. That’s particularly true since pollsters have missed badly in measuring sentiment before some of Britain’s most recent votes, the last general election and the Scottish referendum.. The referendum also outmatches the 35 million pounds placed on the 2014 World Cup Final.

Betfair allows people to place wagers against each other rather than setting odds like the traditional bookmakers. This material may not be published, broadcast, rewritten, or redistributed. referendum betting already hit a record for a political event days ago for Betfair, bookmaker BetFred and IG, the largest provider of spread betting services.

Betting exchange Betfair says it had taken 45.8 million pounds in wagers on the E.U. presidential race, which was its previous record for a political event. That surpasses the 40 million pounds placed on the 2012 U.S. But the importance, drama and uncertainty that have surrounded this vote have made it a spectator sport in its own right

Entries in long-hidden notebook show Pete Rose bet on baseball as player

So Barney and Flynn, posing as a couple looking for a home, called a real estate agent and were given a guided tour of Bertolini’s house. “[Ohio bookie] Ron Peters is a golf pro, so he’s got other occupations. All were denied on the grounds that the notebook had been introduced as a grand jury exhibit and contained information “concerning third parties who were not of investigative interest.”

“Bertolini nails down the connection to organized crime on Long Island and New York. One Executive Tools Spiral Notebook.” Two small boxes of other items confiscated in the postal raid on Bertolini’s house went too, including autographed baseballs and baseball cards.

o Rose bet heavily on college and professional basketball, losing $15,400 on one day in March.

Flynn, who said her first reaction was “Holy mackerel,” said they asked Bertolini about the notebook.

o Most bets, regardless of sport, were about $2,000. For 26 years, the notebook has remained under court-ordered seal and is currently stored in the National Archives’ New York office, where officials have declined requests to release it publicly.

When the case began, it didn’t look particularly enticing, Barney said. The largest single bet was $5,500 on the Boston Celtics, a bet he lost.

To Dowd, one of the most compelling elements of the newly uncovered evidence is that it supports the charge that Rose was betting with mob-connected bookies through Bertolini. [The mob] had a mortgage on Pete while he was a player and manager.”

Outside the Lines tracked down two of the postal inspectors who conducted the raid on Bertolini’s home in 1989 and asked them to review the documents. Attorney’s Office internal memorandum from 2000 that requested the spiral notebook’s transfer said Bertolini’s closed file has “sufficient historical or other value to warrant its continued preservation by the United States Government.” The memorandum listed among its attachments a copy of the notebook, but a copy of the memorandum provided by the National Archives had no attachments and had a section redacted.

Yes, he admitted in 2004, after almost 15 years of denials, he had placed bets on baseball, but he insisted it was only as a manager.

Dowd said he wished he’d had the Bertolini notebook in 1989, but he didn’t need it to justify Rose’s banishment. Therefore at this point, it’s not appropriate to comment on any specifics.” Bertolini’s lawyer, Nicholas De Feis, said his client is “not interested in speaking to anyone about these issues.”

Dowd, who reviewed the documents at Outside the Lines’ request, said his investigators had tried but failed to obtain Bertolini’s records, believing they would be the final piece in their case that Rose was betting with mob-connected bookmakers in New York. It’s another device by Pete to try to excuse what he did,” Dowd said. “It was such a mess. The postal inspector’s office in Brooklyn, New York, had received a complaint that a man in Staten Island had failed to return goods to paying customers that he was supposed to have autographed. This closes the door,” said John Dowd, the former federal prosecutor who led MLB’s investigation.

o But on 21 of the days it’s clear he bet on baseball, he gambled on the Reds, including on games in which he played.

But new documents obtained by Outside the Lines indicate Rose bet extensively on baseball — and on the  Cincinnati Reds – as he racked up the last hits of a record-smashing career in 1986. There was a for sale sign out front, the agent told him. Attorney’s Office seeking access to the book. Under MLB Rule 21, “Any player, umpire, or club or league official or employee, who shall bet any sum whatsoever upon any baseball game in connection with which the bettor has a duty to perform shall be declared permanently ineligible.”

If the accusation was true, it would constitute mail fraud, but the agents had no probable cause to search Bertolini’s house.

“It was a mere ‘failure to render [services]‘ complaint,” said Barney, who is now retired. Dowd recently met with MLB CIO and executive vice president of administration John McHale Jr., who is leading Manfred’s review of Rose’s reinstatement request, to walk McHale through his investigation. “It reeked of fraud,” Barney said.

“The rule says, if you bet, it doesn’t say for or against. The documents go beyond the evidence presented in the 1989 Dowd report that led to Rose’s banishment and provide the first written record that Rose bet while he was still on the field.

“I wish I had been able to use it [the book] all those years he was denying he bet on baseball,” said Flynn, the former postal inspector. That came during his worst week of the four-month span, when he lost $25,500.

Although the 1989 raid on Bertolini’s house received immediate news coverage, nothing about a betting book became public for five years. To be sure, I’m eager to sit down with [MLB commissioner Rob] Manfred to address my entire history — the good and the bad — and my long personal journey since baseball. “This is the final piece of the puzzle on a New York betting operation with organized crime. Both agents, former supervisor Craig Barney and former inspector Mary Flynn, said the records were indeed copies of the notebook they seized.

But Rose’s supporters have based part of their case for his reinstatement on his claim that he never bet while he was a player or against his team, saying that sins he committed as a manager shouldn’t diminish what he did as a player.

Freelance researcher Liam Quinn contributed to this report. “Never bet as a player: That’s a fact,” he said.

Rose, through his lawyer, Raymond Genco, issued a statement: “Since we submitted the application earlier this year, we committed to MLB that we would not comment on specific matters relating to reinstatement. But the boys in New York are about breaking arms and knees.

o In the time covered in the notebook, from March through July, Rose bet on at least one MLB team on 30 different days. “But when he bet, he was gone. “He’s a liar.”

“There were numbers and dates and — it was a book for sports betting,” Barney said. He placed his financial interest ahead of the Reds, period.”

“He wasn’t forthcoming with much information,” she said, “but he did acknowledge to me it was records of bets he made for Pete Rose.”

“The implications for baseball are terrible. In March of this year, he applied to Manfred for reinstatement. “We didn’t know anything about Bertolini or his connection [to Rose].”

“We knew that [Bertolini] recorded the bets, and that he bet himself, but we never had his records. Postal Inspection Service in October 1989, nearly two months after Rose was declared permanently ineligible by Major League Baseball. 13, a few days after the undercover house tour and after obtaining a search warrant, they searched Bertolini’s home and found evidence that would lead to numerous convictions. There was stuff everywhere,” Barney said.

Last year, Outside the Lines again applied unsuccessfully for access to the notebook but learned it had been transferred to the National Archives under a civil action titled “United States v. But Dowd never had the kind of documents that could cement that part of his case, especially in the eyes of fans who wanted to see Rose returned to Major League Baseball.

“I got a call at the place where I was working at the time from my brother, and he says, ‘You should come home.’ He said, ‘There’s a bunch of government people here, and they’re here for you.’ At the time, I think it was Mary Flynn of the postal inspector’s office who got on the phone and said, ‘We’re here,’ and she told me why and so forth. It’s impossible to count the exact number of times he bet on baseball games because not every day’s entries are legible.

The timing for Rose, who played in 72 games in 1986, isn’t great.

The two inspectors spotted an item that a complainant said had not been returned. On Monday morning, MLB officials declined to comment about the notebook.

The documents are copies of pages from a notebook seized from the home of former Rose associate Michael Bertolini during a raid by the U.S. That gave them probable cause to seek a search warrant.

For 26 years, Pete Rose has kept to one story: He never bet on baseball while he was a player.

Barney sent an agent to drive by the address. Dowd’s investigation had established that Rose was hundreds of thousands of dollars in debt at the time he was banished from the game.

The documents obtained by Outside the Lines, which reflect betting records from March through July 1986, show no evidence that Rose, who was a player-manager in 1986, bet against his team. But one item stood out: In a box of papers in the basement, Barney said, was a spiral notebook filled with handwritten entries.

In April, Outside the Lines examined the Bertolini memorabilia kept in the National Archives’ New York office, but the betting book — held apart from everything else — was off-limits. After Bertolini pleaded guilty and received a federal prison sentence, Sports Illustrated, The New York Times, ESPN and other news organizations filed freedom of information requests with the U.S. That meeting likely will come sometime after the All-Star break. And that is a very powerful problem,” Dowd said. Dowd also had testimony and a recorded phone conversation between Bertolini and another Rose associate, Paul Janszen, that established that Bertolini had placed bets for Rose. Their authenticity has been verified by two people who took part in the raid, which was part of a mail fraud investigation and unrelated to gambling. They provide a vivid snapshot of how extensive Rose’s betting life was in 1986:

“This does it. Dowd and his team had sworn testimony from bookie Ron Peters that Rose bet on the Reds from 1984 through 1986, but not written documentation. We tried to get them. They took any records I had whatsoever, and they took different personal belongings and memorabilia from my home.”

Bertolini offered his take on the raid during his sentencing hearing in U.S. It looked to them as if Bertolini had been signing memorabilia with the forged names of some of the most famous baseball players in history: Willie Mays, Hank Aaron, Duke Snider, Mike Schmidt and Pete Rose. The man’s name was Michael Bertolini, and the business he ran out of his home was called Hit King Marketing Inc.. The U.S. “I was taken aback.”

On Oct. And, of course, [Rose] betting while he was a player.”

It was immediately clear that the many notations of “PETE” in the pages represented Pete Rose.

In April, Rose repeated his denial, this time on Michael Kay’s ESPN New York 98.7 FM radio show, that he bet on baseball while he was a player. District Court in Brooklyn six years later (he served 14 months for tax fraud and a concurrent assault sentence):

Bats, balls, books and papers were scattered all over. He refused to give them to us,” Dowd said. I need to maintain that

The most expensive college football ticket can be found here

That makes them only the 21st most expensive ticket, despite the team’s recent on-field success.

Meanwhile tickets to watch defending national champions Alabama are a relative bargain at an average price of $142.28. Michigan is the fifth most expensive ticket of the season at $524.23.

While Notre Dame has the highest average ticket prices, the Sept. That comes to an average of about $30 million per school.

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NMLS #1136

.

The college football season starts this weekend. 2 in 2014, when they narrowly trailed Ohio State. 17 game when Ohio State visits Oklahoma will be the most expensive game in college football, with an average price of $687.86 to see the first Big Ten team to visit Oklahoma in 30 years.

Related: Under Armour signs on with Fighting Irish

Total football revenue for the 146 schools with major programs came to $3.7 billion for the 2014 season, the most recent figures reported to the federal government.

Notre Dame tickets are frequently the most expensive college tickets in the country.

CNNMoney (New York) First published September 2, 2016: 3:21 PM ET

The most expensive college football ticket can be found here – Sep. Notre Dame’s home game that day vs. They’ve been No. Notre Dame football brought in nearly three times that average amount, or $86.2 million. 2 Ohio State this season. 2, 2016 by Chris Isidore   @CNNMoney September 2, 2016: 3:21 PM ET

Fans will pay an average of $335.35 on the secondary ticket market to watch Notre Dame at home in South Bend this season, according to ticket tracker TiqIQ. The team’s large fan base beyond those who attended the school helps drive up demand for tickets, along with prices.

These are the prices that the tickets which are resold by fans, not what the teams get for tickets.

While that’s little changed from what Fighting Irish fans paid last year, it’s 17% more than the average price for games at No. The Alabama tickets are actually 12% cheaper than they were last season. 1 in price three of the last four years and were No

10 Things We Didn’t Learn From Enron Scandal, 10 Years After

Skilling was alleged to have dumped $15.5 million in Enron stock in an insider trade more than two months before the company declared bankruptcy. “At some level, we might be better off with a simple cigarette-style warning — this investment is not guaranteed; you could lose all of your money — than the phone book style SEC reports that are currently distributed to investors.”

Examples include Bear Stearns and Lehman Brothers in the run-up to the financial crisis and MF Global’s implosion just recently, he said.

In 2006, Skilling was convicted of 19 criminal counts, including one count of insider trading, related to his role in the massive fraud. “Often that means they don’t get paid at all. Obviously this is a problem in all bankruptcy cases, but it is especially acute in a situation where a big, well-known company fails will little warning.”

Weiss said one could not understand how Enron valued things, or management had discretion in the valuations which allowed management to choose their profit number.

Elkind said companies must clearly disclose the risks they are taking and regulators need to require them to do so.

“Conflicts of interest will continue to plague Wall Street until regulators use the new Dodd-Frank provisions to prohibit them,” he said.

Sen. In 2001 Enron employees lost $1.2 billion in retirement funds and $2 billion in pension funds while Enron’s top execs cashed in $116 million in stock, according to the film, “Enron: The Smartest Guys in the Room.” The average severance pay was $4,500 while the top executives were paid bonuses totaling $55 million.

9. Enron allegedly made prepay deals worth billions of dollars, such as pretending to engage in energy swaps with other companies but they were actually dealing with offshore companies that were banks, in essence to receive loans. Many say regulators need teeth to enforce rules and weed out shady accounting. Conflicts of interest continue to occur

“One of the things most people forget about Enron, it wasn’t an outlier,” he said, explaining that it engaged in risky activities with venerated banks.

“These frauds don’t happen in a vacuum,” Weiss said in agreement. The company collapsed in a matter of months as the media and the public became aware of its faulty accounting and business practices.

“When you pass these laws, it adds a level of complexity that is hard for many companies, especially small companies,” he said. Corporate leadership makes all the difference in the world–for good and for bad

“We muddled through and avoided more Enron-type frauds and collapses, which isn’t bad. Preferred stockholders get preferred treatment

“Some people like them a lot, but they’re just so complex.

Elkind said regulatory agencies need to have the weapons and funding to closely monitor new, ever more powerful financial instruments.

“They employed brilliant people. I would argue that at best, the firm smelled very bad.”

“We could have taken a deep look at the special purpose vehicles, derivatives, repos, and the rest of the ‘new’ finance that was core to Enron’s business model, in order to see what needed to be done better,” Mark Roe, professor at Harvard Law School, said. In Enron, and more recent cases like GM and Lehman, this really seemed to surprise some investors. But we still built, and we’re still building, too many fragile financial structures that fail too often.”

“Just because it’s a big respectable bank, don’t think they’re not into gambling,” Gibney said.

“The risks that traders take pose risks for all of us,” he said.

2. “This then begs the question of whether it was obvious at the time. Lawyers, bankers, auditors and many employees saw stuff that they knew was wrong or was suspicious and said little or nothing. Unlike Enron, Olympus came clean on its own.

7. Names like AIG and WorldCom may have replaced Enron in the vernacular when referring to corporate meltdowns and greed. Still building fragile financial structures

Weiss said at the most basic level, the key lesson from the South Sea Bubble, Enron, and Madoff Ponzi scheme is knowing whether a business itself makes sense.

If you increase capital requirements for financial institutions, you decrease risk, Elkind said. “You probably could have gotten benefit of Sarbanes Oxley with a smaller law that avoided the pitfalls that companies complain about.”

Given the lopsided votes in favor of the law, Weiss said it was likely not well-read by lawmakers before it was passed.

Opinions over the role of regulators are mixed. Many in the business community say business regulation is doing more harm than good for an already fragile economy.

“The basic answer is that a common shareholder only gets paid if everyone else has been paid,” he said. Instead of the massive amount of documents can’t we do one thing at a time, isolate and make it clear, so we have a sense of the repercussions?”

Ten years after the energy and commodities firm Enron collapsed under the weight of a massive fraud, much has changed about how corporate America does business and much, unfortunately, has remained the same, with new frauds and excessive risk-taking exposed all too frequently.

Weiss said the same could be said of the Dodd-Frank Act, or Obama’s healthcare plan.

Olympus managed to hide losses for two decades and admitted only recently to doing so. “We could have taken the opportunity to preserve the valuable in the new finance and carve out the excess. history. “The outright fraud of the type that was the core of Enron’s ultimate collapse — bogus transactions that generated accounting entries but not real profits — was contained after Enron (even if other frauds, like Madoff’s arose).”

“We did learn some lessons and people were more careful, but greed creeps back in again,” said Lawrence Weiss, professor of international accounting at Tufts University’s Fletcher School of Law and Diplomacy.

Before the bankruptcy of WorldCom in 2002, Enron’s bankruptcy was the largest in U.S. Next, it was difficult if not impossible to understand exactly how the firm made money.

That’s the good news, Roe said.

Lubben said the recent financial crisis showed that small investors still do not fully understand where shareholders stand in the priority line — the “food chain” — of large corporations.

Once the darling of Wall Street, Enron was the country’s seventh-largest company with a soaring stock price that grew more than 100 percent in 2000. Today banks have refused to devalue their troubled assets, say some economists.

Stephen Lubben, law professor at Seton Hall University School of Law, said recent years have also shown the limits of the ever-increasing disclosure obligations imposed on companies.

Alex Gibney, filmmaker who produced “Enron: The Smartest Guys in the Room,” said the big lesson that wasn’t learned was Enron was aided and abetted by the most important investment banks in America and around the world.

Enron allowed its chief financial officer, Andrew Fastow, to set up a fund called LJM and engage in suspect deals that made Enron’s books look better, Levin said. Carl Levin, D-Mich., chairman of the permanent subcommittee on investigations which reported on the role of Enron’s board and investment banks’ response to lessons learned from Enron, said the Enron scandal did not put an end to corporate malfeasance..

Peter Elkind, editor at large with Fortune magazine, investigative reporter and co-author of Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of Enron with Bethany McLean, said business, especially the financial world, can’t be left to regulate itself.

“After Enron, we could have, but didn’t, take the opportunity to re-think what’s the core of what’s economically valuable in managing risk in the derivatives business and financing firms via repos and special purpose vehicles,” Roe said. “Lots of people were aware or should have been aware. We need to create the right incentives to keep people honest – or at least not afraid to speak out.”

Former Enron CEO Jeffrey Skilling reportedly led the company’s risky bets to revolutionize the market for natural gas and commodities trading. Regulators and the regulated continue their dance

“The changes made after Enron did little to avoid the shocking failures at AIG and other financial companies,” he said. It was his CFO, Andrew Fastow, allegedly idolized Skilling, and did his part to cook the books, hiding billions of dollars in debt.

First, Weiss said, the cash flows did not match the profits even after many years which should have raised a red flag. Skilling was sentenced to 45 years in prison and fined $45 million.

8. Higher capital requirements and less leverage reduce the danger of a catastrophe.

Many transactions — ultimately at the collapse of the company — involved some of the largest banks in the country.

“If it looks too good to be true it probably is, or people’s inherent greed often gets the better of their judgment,” he said.

3. In the years after Enron was exposed, companies like Goldman Sachs and Citibank set up synthetic CDOs, sold shares in them to clients, and then made money betting against their own clients.

The company’s 20,000 employees lost not only their jobs and medical insurance but retirement savings in company stock. “And they could do this and make a fortune, and no one could copy it? How was it shown on their financial statements?”

Weiss said the Sarbanes Oxley Act, which created new standards for accounting firms, boards and management, was a “clear overreaction” to the Enron scandal, which is “understandable.” Weiss said good and bad came as a result of its passage in 2002.

Corporations still use accounting tricks to hide debt. Okay, but how did these people create the wealth? What exactly were they doing? Trading energy, trading weather futures, trading broadband,” he said. Important names make mistakes too. If it’s too good to be true, it probably is

“One lesson we haven’t learned from Enron is that corporations will engage in conflicts of interest, and some won’t stop until action is taken,” he said.

“For Enron, the firm was growing at a fantastic rate and the question was how were they doing it? The answer, one knows with hindsight, was they were committing massive fraud,” he said. Excessive leverage is as dangerous as a bad bet

1. We didn’t, but we still could and we still should.”

10. Enron executives Kenneth Lay, Jeff Skilling and Andrew Fastow — all convicted of white collar crimes — emblemized the bad side of the one percent before the term existed.

“You’re not so far out on the ledge,” he said.

6

Professional Arbitrage Trading

I will then take you through a strategic overview of the setting up process before going into the specific details.

Being a professional sports arbitrage trader is by no means easy but if you’re willing to put the time and effort into it, you are likely to see a good return on your investment and even being rewarded with life changing money. Strategic Overview

Understanding the overall approach to getting started, I will then work through the systematic approach in detail. The ongoing process will then be expanded upon, and some ideas about how to diversify into your own profitable strengths will be explored.

3. Detailed Explanations

First up I will explain why arbitrage trading is worth thinking about in the first place, even though there are some restrictions. with short answers to a range of common questions, and many links to more detailed articles published in the SAG blog.

2.

Related Articles:

A professional sports arbitrage trader can make more than $10,000 each month. There is a lot to read, and for that I apologise, but this is a whole career you are about to start – a career than can earn more than $100,000 per annum tax free. I will work on explaining how to systematically fund your books, leverage your freebets and bonuses, and gradually build yourself a well established arbitrage setup. Similar to online betting or any casino related profession the strategy implemented in sports arbitrage trading is vital and plays a key role in determining the winning results.

1. Wrap Up

It is worth reading the entirety of this section before getting started, so that you know what to expect at every stage of the process. What’s a little bit of reading really?. This section of Sports Arbitrage Guide intends to take you through the process of starting out small and growing into your own distinct style of ‘professional’.

Assuming by this point you have gone through the introduction and you understand what arbitrage is, and that you know about alert services, e-wallets and bookmakers, I will start to connect the dots for you now in this section.

At the end of it all there will be a F.A.Q