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Readit Newscat12 commented on Ask HN: Good Online Maths Communities? · Posted by u/achenet
cat12 commented on Uber, Lyft unleash avalanche of cash to kill 'fund the bus' plan sfstandard.com/2024/09/25... · Posted by u/ta988
I love public transport and when I lived in Europe (bounced around Schengen for a year or two), I probably took Uber only once (when I was buying an office chair from Ikea). And while I would love more public transport in the United States, the reality is that in big cities the level of safety compared to the level of safety in European or Asian cities is just not up to par.
cat12 commented on Pro bettors disguising themselves as gambling addicts bloomberg.com/news/articl... · Posted by u/JumpCrisscross
I worked at a quant sports betting trading company, on occasion it would send the employees to place annonymous few grand bets at physical shops because it's such a problem getting people to continue accepting your bets if you are any good.
And found out that the more you bet, the more percentage commission you pay to exchanges like Betfair, which is quite contraintuitive - commission goes up with volume, not down.
I also learned a few tricks of the industry - when you open an online account they look up your address on Google Maps to see what kind of place you live in.
How were you compensated? You mention 'shops', so I'm guessing this was in the UK?
cat12 commented on Pro bettors disguising themselves as gambling addicts bloomberg.com/news/articl... · Posted by u/JumpCrisscross
My betfair commission was heavily discounted back in the day, but that was only on volumes of ~£50,000 a day, and a fair bit more on weekends. Nevertheless their commissions were outrageously high, but the scale of the liquidity they had available was amazing.
~£50,000 a day in trading volume, that's a lot! What markets were you trading on?
cat12 commented on Pro bettors disguising themselves as gambling addicts bloomberg.com/news/articl... · Posted by u/JumpCrisscross
Could you not just bet with the Asian bookmakers? (sbo, pinnacle, ibc etc.)
Pinnacle (not sure it's 'Asian', I believe their main offices are in Toronto) takes a lot of action on major markets. For smaller markets such as player props, Pinnacle takes very little. If you were confident in beating major markets, such as EPL or NFL, Pinnacle will very regularly take $50k a click, with rebets possible. However, if you're betting major markets, even the 'softer' books such as DraftKings would probably be willing to take a lot as well.
The soft books usually kick out or limit players if they are beating smaller markets such as player props, team props, derivatives (for example, a 1Q team total, etc). A 'sharp' book such as Circa or Pinnacle might not explicitly limit an individual player, but in general they don't offer as many markets, so it's not an apples to apples comparison.
Instant | https://instantdb.com | Software Engineer | SF (ONSITE) | Full Time | 150-210K + Equity
Do you like SICP? Are you interested in Clojure? Do you geek out about real-time infrastructure (like Figma's LiveGraph or Asana's Luna)? We want to talk you.
--
We're building Instant - a modern Firebase. Instant gives you a database you can subscribe to directly in the browser. You write relational queries in the shape of the data you want and we handle all the data fetching, permission checking, and offline caching. When you write transactions, optimistic updates and rollbacks are handled for you as well. [1]
We went open source [2] in August, and had one of the biggest Show HN launches for a YC company [3]. We're backed by James Tamplin, the founder of Firebase, Paul Graham, Greg Brockman, Jeff Dean, and a slew of other angels.
## Who are we looking for?
First and foremost, we want to work with people who we will be friends with for a life time. We love high-integrity, optimistic, and principle-oriented people. Taking inspiration from Facebook, Airbnb, and YCombinator we deeply resonate with these three core values
* Move fast
* Be a host
* Make something people want
This is the hacker mentality we strive for — building quickly, being kind to each other, and honing in on delivering value. There’s a lot of opportunity to contribute to Instant’s architecture. If real-time infra sounds cool to you, we’d love to talk!
## Want to apply?
Send us an email at founders [at] instantdb.com . Please include a side-project you've worked on (if it comes with a GitHub, heeck yeah!).
[1] Essay about Instant's design: https://www.instantdb.com/essays/next_firebase
[2] Open Source Repo: https://github.com/instantdb/instant
[3] Show HN: https://news.ycombinator.com/item?id=41322281
SICP, that brings me back to the freshman year CS course I took at Berkeley five years ago.