Sir Son Goku - Betfair Exchange Trading 🇯🇵 📈

Sports trading etc.

[Bet Angel - Betfair trading @betangel]

A lot of people are looking at the SpaceX flotation and concluding that Elon Musk just "made" hundreds of billions of dollars overnight.

That's not really how it works.

SpaceX raised around $75bn in its IPO. Yet the market valued the company at more than $2tn.

In other words, only about 3.6% of the valuation changed hands in actual cash.

The rest is simply what investors believe the entire company might be worth.

Last year SpaceX generated roughly $18.7bn in revenue and lost around $5bn. Yet investors are willing to value it at more than $2tn because they're buying the possibility of what it could become, not what it is today.

That future value might prove justified. It might not.

But it's a useful reminder that valuation is not cash in the bank, and it isn't money that Elon Musk can spend. It's an estimate of what the market thinks the company could be worth based on an uncertain future.

People often confuse valuation with wealth. They're not the same thing.

[Bet Angel - Betfair trading @betangel]

I've added a YouTube video to give you a bit of background into Adam's career and to reach out to that community. If you are interested in Adam's rise and what he did next, it's all contained in this video - https://t.co/ldI5MyFGFS

[Sir Son Goku - Betfair Exchange Trading 🇯🇵 📈 @SSJ_Trader]

@betangel Excellent video

[Bet Angel - Betfair trading @betangel]

**NEW** When I started discovering market biases, I couldn't understand why they existed. But eventually, I did. Here are some of the ones I've found - https://t.co/BvZMin9UH8

[Sir Son Goku - Betfair Exchange Trading 🇯🇵 📈 @SSJ_Trader]

https://t.co/poNIifi44d Who does this sound like?

[Sir Son Goku - Betfair Exchange Trading 🇯🇵 📈 @SSJ_Trader]

@betangel This year's meeting definitely felt different. CM clearly very missed. Buffet still has exceptional mental clarity, for someone approaching their 94th birthday and is still dispensing invaluable wisdom.

[Bet Angel - Betfair trading @betangel]

Faced with strong headwinds on skill-based sports betting, thanks to affordability checks. Flutter is driving people to bet on non-skill games, where the margins are much higher.

[Chris Fawcett @chrisgambler247]

Summary of the debate on betting affordability checks.
1⃣ great start by @PhilipDaviesUK
2⃣ @MattHancock strong points on casinos being different from betting
3⃣ No one made any meaningful points supporting the checks
4⃣ Gambling Minister sold checks as better than status quo.

[Trading the Market @weareallttm]

Sunday 7th January 7pm GMT
You will not want to miss this one!
Betfair trading, an honest community?
Thank you @hattrickbamford for the content!
@CaanBerryTrader @betangel @BetfairTC
https://t.co/JzMJO0Semw

[Sir Son Goku - Betfair Exchange Trading 🇯🇵 📈 @SSJ_Trader]

https://t.co/WaILL2BHs8

[Hattrick @hattrickbamford]

Lets RT Caan Berry:

Seemingly upskirting women (sexual offence)

Asks women for pics then bodyshames them online (probs not the best idea if u look like shrek+the Gruffalo's lovechild)

Encourages suicide to ppl online

Does this break terms of service on your platform @YouTube?

[Sir Son Goku - Betfair Exchange Trading 🇯🇵 📈 @SSJ_Trader]

@hattrickbamford @YouTube I recall that. He was in Thailand on Grand National week - which is one week you probably shouldn't be skipping if you're claiming to be a "pro horse racing trader."

[Sir Son Goku - Betfair Exchange Trading 🇯🇵 📈 @SSJ_Trader]

@hattrickbamford @MrEko2001 Oh for sure. All he is interested in is making money, he doesn't care about anyone other than himself. He did a similar thing with Football Index. He only made videos on the topic because it was trending and would generate views.

[Sir Son Goku - Betfair Exchange Trading 🇯🇵 📈 @SSJ_Trader]

Nobody. Absolutely nobody saw this coming! FUCK OFF Caan Berry!

[Sir Son Goku - Betfair Exchange Trading 🇯🇵 📈 @SSJ_Trader]

@hattrickbamford @MrEko2001 Terrible. I'm going to report his video. The problem with The Berry and people like him is that they just block and label everyone a hater/troll/someone with an agenda and blame other people for their scummy behavior.

[Sir Son Goku - Betfair Exchange Trading 🇯🇵 📈 @SSJ_Trader]

Despicable, but not unexpected.

[Hattrick @hattrickbamford]

An important 🧵 about @CaanBerryTrader on how he made a video about me by stealing my content for financial gain

He made a video about me and my experience, of which he made thousands of dollars, lied about me for views, then blocked me after stealing my content for @youtube

[Doctor C @oddsvantage]

@chrisgambler247 This is why the UKGC stance is pathetic really. Force bookies to hand over betting pattern data of anyone who self excludes or is diagnosed as an addict and pass it on to researchers. Research, education, detection and treatment have to be the way forward.

[Bet Angel - Betfair trading @betangel]

I enjoy this site. It sends you an interesting snippet each week with an illustration as well. Here is this week's bit of wisdom - https://t.co/oTPFkhe0p4

[Troll Football @TrollFootball]

Japan whenever they play Germany

[Sir Son Goku - Betfair Exchange Trading 🇯🇵 📈 @SSJ_Trader]

@aljacko1 It's beyond a joke. Charlatanism in the betting industry is a massive problem - that no one seems to be focusing on. Hargraves probably the biggest culprit of all.

[Sir Son Goku - Betfair Exchange Trading 🇯🇵 📈 @SSJ_Trader]

Ugly aftertiming again 🥱🙄 Not surprising tbh. Never hear a lot of what was it called? BetShit Cloud these days Hopefully he can address it. 🙂 #AftertimeHargraves