Anyone Seen Stockbets.com Casino?

Discussion in 'Strategy Development' started by Corso482, Jan 28, 2003.

  1. It's an internet casino site where you bet on stock movement. So anyway, while I'm pretty sure the house always wins, I'm curious about the strategy implications of this site. For example, they have a game in which you have to pick the stock out of 5 that will have the highest percent gain the next day. Well, I wonder what would happen over the long term if you just picked the stock with the highest ATR % of price. Or, you decide whether the nasdaq will rise or fall tomorrow, then if it will rise you bet on highest % ATR, and if you decide it will fall, then lowest ATR %. It's interesting to think about...