As you know I used to be a runner aka clerk at the stock floor. One of my jobs was to run errands for the traders. It really didn’t matter what they asked me to do I pretty much did it. One of my jobs was at lunch was to take $200 each day and run it over to the race track and bet horses. There was one catch. I was more than welcome to be the house. Meaning I could keep the money and not lay down the bet but if it won I had to pay him that amount. I didn’t have the money to cover a loss (a win for him) but every day I wrote down what he bet and the payout and tried to figure out my odds. After a few months I realized that he definitely was losing because the track took a percentage. Meaning if I took the bets eternally I would definitely win. But he bet a trifecta on each bet and if that won I could be screwed. With the money I had if ANYTHING hit in the first few weeks I was screwed. Even more difficult was if it did win he gave me a big tip.
It may seem like there is going to be a story from here but the story is I bet it every single time. I just didn’t have the cash to take the risk. And every time I thought about it he would win a bet which was just enough to remind me how stupid it would be. But it gave me something to think about every day and every day he would say “Did you book it?” I’d say no and he’d call me a pussy. A pretty regular event and one that always made me laugh no matter how many times he said it. It taught me a lot about numbers, risk, money management. It also taught me that traders take care of their clerks. They were all clerks at some time and its like a fraternity. You earn your dues when you first come in and when you finally make it you haze the next group while at the same time having some fun and train them to get to the next level. My lesson here? Doesn’t matter how good the odds are if you don’t have the cash to bail you out of a bad beat.
Quote of the Day: “The worst part about being strong is that no one ever asks if you’re ok“
Domain of the Day: FindMyStyle.com As good or better of a domain as StitchFix
Park.io Names at Auction or Dropping
CD.ag Two people put in bids for this one. Someone almost got it on the drop
Cancel.io Build out the cancel my subscription please app
Dodgeball.io Not many times you can own the best sport ever created
Punk.gg I think eGamers can relate to this one
Regulate.io Getting a little action. Ends today
Namejet and Sedo & More Domains at Auction
YouRelax.com We could all use a little relaxation. 18 years old. Closes today and met reserve
DrVZ.com 6 years. Met reserve so its going to a new home today.
CarrollShelby.com Only the greatest car guy in history. He is Ford in Ford vs Ferrari
HappySurfer.com Web or Waves
BuyThatHouse.com Memorable and good call to action
SellthatHouse.com Might as well own the other side
ForApp.com 1996 birthday. Surprised there are only 3 bidders
SelectApparel.com This may hit reserve. Love the name but it needs to be under $1500 IMO
Louise.com Met reserve. The ladies names always sell
Cheek.com Still my favorite but has some more to go to sell
Liki.com Net bid hits reserve
GamingWorld.com After the above, I think this hits the reserve next
RichHusbands.com Make the best boyfriends
Godaddy Domains With Bids
Bet20.com Top number of bids and highest price of the straight domain name. Meaning price not based on backlinks and history, not its sexuality
CBDOilForDogs.com Because Wrigley has sore hips. Look at the price
Fawly.com How Bostonians say the last name of Chris Farley
AppBrewery.com A fresh batch of apps
BBBig.com “Thhh thhh thhhh Thuma” Name that movie
OpinionResearch.com Because everyone has one
BePollen.com Bee pollen is so popular even without the e it has value
CelebrityDoctors.com The worst kind of doctor. Dr. Phil Dr. Oz Dr Feelgood
CodingAndDesign.com This is my favorite value on the list. Says exactly what you do
TimberHomes.com People don’t realize how big the market is for log homes and cabins
Vlop.com The noice that’s made when you flick on a dollop of sour cream
CarWiser.com yet another car finder app or site
MedsPlus.com The next GoodRX
FoxGrove.com Upgrade name for dozens of subdivisions around the world
CloudMedicine.com Too generic for me but someone is going to buy it
GrowBed.com Horticulture name but not really a thing. But nobody knows that except people that know
Filmr.com Sounds like it was made up in 2007 probably because it was
Hero.tv Registered in 227 extensions. Superheros worth billions
WickedArt.com Sounds like they would sell on Etsy. 22 years old
HomecareManagement.com Sounds legit. Grandpa is going to have great care
MonkeyBike.com 10 other monkey bike domain out there in other extensions
p8y.com People are going to try and say this is “pay” but its PeightY. So its just a CCC.com
ProvenLogic.com Great tech name. People love logic
Woosha.com Decent made up name
Godaddy Names With One or No Bids
The Rest of the Godaddy Names With Bids
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6KQ.com
773838.com
779222.com
8j3.com
995388.com
Abolitionist-Online.com
AiCrome.org
AnnualExam.com
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ArticleDepot.com
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BluBoohk.com
BluemountainHunting.com
BoostLighting.com
carrollcountyboe.com
CiteCarev.com
CookieKahuna.com
DavidsonPress.com
DeerPondFuel.com
Divamm.com
Doino.com
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EpidemicHealth.com
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FansWrestling.com
Frackings.com
GemWallet.com
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GreenfieldCapital.com
Hacking.tv
HealingVoicesMovie.com
HeritageCity.org
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IndianCircle.com
IslamComicBook.com
JamesDesigns.com
JamiUs.com
JimPorters.com
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LeaseCommercial.com
looogo-web.com
MeeGame.com
MFSOnline.org
MilitaryCore.com
MistyForCongress.com
MMARoot.com
MyPaperWriter.org
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NannyBizReviews.com
Nanshumi.com
Palosamko.com
Pay4You.com
philasciencefestival.org
PlayHorn.com
Polychrom.com
Protovis.org
ProvantOne.com
ReformAustin.com
Rephoto.com
Segwit.org
SeniorCareResources.com
ShoppeNo5.com
SiamOops.com
StayHealthyBlog.com
Stevanino.com
Sukusa.com
SwanSat.com
synbioproject.org
TalkSession.com
TapItOut.com
Tasogare.com
TheChaosScenario.net
TheClaremontHouse.net
TheLongReach.com
TheMostlyHealthy.com
TrainToWin.com
TransferLearning.com
TravelGlow.com
Tredosoft.com
Truvoipbuzz.com
UmaCure.net
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Untight.com
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URHF.com
UsTradeMedia.com
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WellTube.com
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WorldMuscleForum.org
WXSI.com
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x6v.com
xb500.com
xmbe.com
xmltdj.com
y1v.com
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Zedox.com
ZWJH.com
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Enjoyed this story Shane – I love doing the math behind odds and grew up going to the track a lot. My best friends family owned and raced horses in NJ and PA. I’ll never forget them putting a horse in that had been injured and hadn’t run for 2 years. His family kept telling me the horse was running really well in practice. When it came race day the horse went off at 95-1. They were betting $20-100 on it so I threw a measly $2 bet on it. The horse won by about 3 lengths. It was a fun/happy car ride home to say the least!