>I have always been fascinated with the casino's "Funbonds" >feature, even though I thought they should have called them >"Fun Futures" instead. They give a peek at the "inside" kind >of casino activity. JP, are we making a profit this time? >JMR
Jim, I don't know, I rely on you to calculate it!!!! :O The last payout always tells you your total. However (as I mentioned I think) I do know that TGC's own programmers are improving the funbonds, they seem to be adding graphs and stuff, so it will be clearer what's going on one way or another. (ISL programmed the original funbonds for TGC, as you know.) I think you are probably right about the weekends being weaker --- simply by looking at the http://www.thegoldcasino.com/cgi-bin/funbonds.cgi 'last 15 days' table shown at the bottom. Regarding the nomenclature, I don't think "futures" would make much sense, Jim. Firstly, futures apply only to commodites (things, like sugar, wheat etc), futures have no relevance to equities .. equities being companies, organizations, people, LLCs, public companies etc. You cant buy a "future" of IBM, it's meaningless. Similarly you can't buy a "bond" of Wheat or from Wheat, it's meaningless. You cant buy a future "from" an entity .. you cant buy a future from IBM or egold .. indeed you dont "buy" futures at all (they dont cost money, you dont pay anything when you take one) it is a contract exchanged with another trader. In contrast a bond is something you buy, for a certain amount of money, from an entity like IBM or egold. So thats exactly what a "funbond" is. The funbonds are indeed bonds of the TGC as a business, I guess. Indeed they operate exactly, specifically like many actual bonds (except an actual bond issued by IBM or e-gold or the like would more normally be paid out say once per month, for ten months, rather than once per day). So, 'bonds' seems to be the perfect nomenclature in every way!! I think TGC funbonds are fantastic - I have literally never lost money on them. They rock! I see there are 55 in circulation and 30 out. Remember the great "fun bond rort" after TGC had that downtime??? heheh --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED] http://www.e-gold.com/stats.html lets you observe the e-gold system's activity now!
