Results for “markets in everything”
1885 found

Gambling markets in everything?

Colonial Downs, which offers betting on horse races at 10 sites across
Virginia, is pushing for changes in state law so that it can offer a
new form of gambling, called historical racing, on which people wager
on horse races that have already taken place
[emphasis added].

Sounds stupid, no?  On closer examination, the bets have the logical structure of otherwise-illegal slot machines:

In historical gambling, which is also called instant gaming,
customers would put as little as a nickel and as much as $5 into a
video terminal that resembles a slot machine.  The terminal randomly
selects a race from an archive of at least 10,000 previous horses races
from tracks around the country.  Customers review a graphic showing the
odds and statistics for each horse before deciding which one to bet on.

The
race appears on the monitor.  If the chosen horse wins, the patron will
receive a payout based on the odds, how much was bet and that day’s
purse.

Markets in everything, lunar edition

Israelis own 10 percent of the privately owned
area on the moon, according to Tom Wegner, a spokesman for Crazyshop, a
company that sells plots of moon land to private individuals in Israel.

About 10,000 Israelis have purchased moon property since it
became available in 2000.  Of the 10 million acres sold worldwide, 1
million are owned by residents of Israel, Wegner said Wednesday.

Here is more, those who read Hebrew can buy some moon here.  I don’t understand the legality of these claims but I hope the price is appropriately low.  The pointer is from Natasha, the Natasha.

Markets in everything, deficit spending edition

The Illinois lottery may be up for sale.  The current status is discussed in yesterday’s NYT.  The state hopes to get $10 billion.  The lottery had $630 million in profits last year on sales of $2 billion.  The buyer would get all profit for 75 years.

Here is the source.  Larry Ribstein remarks: "Yet more evidence that a hedge fund is no match for a politician when it comes to short-term thinking."

Markets in everything, plain stupidity edition

KUMHO Tire USA…December 21, 2006…announces the introduction of the world’s first fragrance automotive tire, the ECSTA DX. 
The project is the “fruition” of more than a year’s worth of research
and development to deliver an alluring aroma tire that replaces the
normal “black rubber” smell with heat-resistant oils in the scent of
lavender, and in later versions, neroli (orange) or jasmine.  Visitors
to www.kumhotireusa.com [product is here] can find the nearest Discount Tire store or TireRack.com will ship them for installation.

Here is a link.  Here are more sources.  Thanks to Natasha for the pointer.  I guess it matters if you are run over by the car…

Markets in everything, Australian surfer dude edition

Tired of your current life?

This auction is for a New Life in the coastal town of Wollongong, Australia of a 24 year old male.

– Will introduce to all my friends & potential lovers (around 8 which I have been flirting with

– I have around 15 close friends and around 170 other friends – I have 2 nemeses

– Lifestyle is very social. It includes a lot of going out.

NB: Friends will treat you exactly as they have treated me. This includes friends who take me surfing, running, climbing and cook for me. All of these features will be transferred over to the winning applicant.

Life also includes the following features:

Will have access to a cruisy job in March delivering fruit.
You will write a satirical horiscope in the University of Wollongong Magazine.
You will have new parents to have Christmas with & birthday presents from friends.
A birthday party will also be organised for you.

This auction also includes the following
– A 4 week training course by the former me which includes the following:
– Many anecdotes and stories from a very interesting and intriguing past 24 years of my life
– 6 Jokes
– Training in becoming me (fashion, food, lifestyle, style of seduction, interests)
– Haircut like mine
– Piercings to the value of $180.
– Lessons in my personal history (The good stuff and the bad stuff)
– Skills Lessons (as mentioned above)

NB: After the 4 week training winning bidder will also receive 2 months of on-call support.

Here is the link, thanks to Hugh for the pointer.  There have been eighty bids and the price is over $40,000 Australian dollars.  The winner does not receive the passport, driver’s license, or inheritance rights of the seller.

Markets in everything, shoe laces and masochism edition

One of the biggest annoyances in long-distance running is lace
management. After banging out 50 miles, it can be hard to squat or even
bend over long enough to tie your shoes.  The North Face recently
responded to Karnazes’ complaints and came out with the $130 M Endurus
XCR Boa.  Its laceless upper is enmeshed in thin steel cables that
connect to a tension dial at the back. A simple turn cinches the shoe
onto the foot.  No more slowing down to fiddle with laces.

Here is the full story of an obsessed runner.  Get this bit:

Finding four hours for a 30-mile run during the day was next to impossible. The solution: sleep less…He now gets about four hours of shut-eye a night.

By the way…

…in 1995 Karnazes entered a 199-mile relay race – by himself.  He competed against eight teams of 12 and finished eighth.

Markets in everything – Paretian liberal edition

Male workers who vow to stay away from prostitutes after year-end celebrations in South Korea are to be rewarded.

The Ministry for Gender Equality is offering cash to
companies whose male employees pledge not to pay for sex after office
parties.

Men are being urged to register on the ministry’s website.  The companies with most pledges will receive a reward.

Note that the vow is awarded, not the abstinence.  The pointer is from Claudio Shikida, Brazilian economist and blogger.

Markets in everything, border fence edition

A fence-building company in Southern California agrees to pay nearly $5 million in fines for hiring illegal immigrants.  Two executives from the company may also serve jail time.  The Golden State Fence Company’s work includes some of the border fence between San Diego and Mexico…U-S Attorney Carol Lam says as many as a third of the company’s 750 workers may have been in the country illegally.

Here is the story.