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11/4/2004

Online Bookies Get It Right

Filed under: — dan @ 1:06 am

Though there was heavy fluctuation on Tuesday, the bookies had it right all along, with the majority of the wagering going towards George Bush, as he was a 2-to-1 favorite a week ago.
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Betfair correctly predicted that George W. Bush would stay in office and had offered odds of 2-to-1 last week for Sen. John Kerry to win.

About $4.2 million had been wagered on Bush, with Kerry drawing only $1.2 million in bets. Betfair also claims to have accurately picked the victories in the elections of California Gov. Arnold Schwarzenegger and Australian Prime Minister John Howard.

News.com Link

10 Things Chinese Do Better

Filed under: — dan @ 1:00 am

A bit of an old article, but some good tidbits nonetheless, that daily banking thing would be awesome, but the likelihood of that happening in the USA is about zilch I’d say, until ATMs can do everything a human teller can.
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6. Daily banking

We feel so lucky when a bank branch in Canada opens for a few hours on Saturday mornings. (Notice the long, long lines?) But Chinese banks are now open 9 to 5, seven days a week. Even on New Year’s Day and other national holidays, at least some branches will open for business. The ones that are closed post helpful notices directing you to the closest open branch. And, yes, they do have a full network of ATMs.

Globe & Mail Tech News

Spammers to Get 9 Years in Prison?

Filed under: — dan @ 12:53 am

Now, I REALLY hate spammers (I get on the order of coupla hundred a day), but giving them nine YEARS of prison just seems a bit extreme, I mean you could kill someone and get less than that. The fact that he made $24 million from spamming though, astounds me, I think the judge should have just fined him an extraordinary amount of money or something…
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A brother and sister in the US have been convicted of sending hundreds of thousands of unsolicited email messages – or spam – to AOL subscribers. Jurors in Virginia recommended that the man, Jeremy Jaynes, serve nine years in prison and that his sister, Jessica DeGroot, be fined $7,500.

Jaynes amassed a fortune of $24m from his sales, prosecutors said.

http://news.bbc.co.uk/2/hi/technology/3981099.stm

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