Gambling with Binary options might be considered as work. Taking a gamble in leisure time is definitely not work. There you have the real definition.
We here examine what binary options is all about. There is a difference between gambling and trading and they are definitely not the same.
Binary options are traded as assets on open business markets like stocks, commodities and currencies. Most market traders would probably regard themselves as having a degree of skill or ability to generate some wealth.
This is real. When I stumbled upon an article about this card cheating mobile phone I had no idea how sophisticated it was. Watch the video to see how remarkable it really is.
Card Cheating Mobile Phone
Elie Bursztein, head of the anti-abuse research team at Google made an interesting discovery. He revealed this modified smart phone at the recent DEF CON 24 Conference.
He purchased a specially modified smart phone which uses infra-red light to identify face down playing cards. It resembles a standard Samsung mobile phone. However, this card cheating mobile phone works by using three secret led lights which can read the topside of a specially marked deck of cards. It works by identifying the surface pattern of each card. It only works with a modified deck of cards but it has opened up some hi-tech cheating possibilities.
A group of MIT maths students put their spare time to very good use developing a Blackjack Card Counting scam. They legally won millions of dollars using sophisticated prediction skills.
MIT (Massachusetts Institute of Technology)
The imagination of young minded students is often surprising. MIT is well-known the world over for its high level of teaching for those reading technology subjects. During the 1990’s a group of students at MIT went somewhat off track, they focussed their energies on mathematical odds in the game of Blackjack.
Was it Bill Brennan, an employee at the Stardust Casino in Las Vegas who stole half a million dollars from the Casino? Was he the casino thief?
Bill Brennan was a humble casino employee but was he the casino thief?
Although there was no evidence, Bill Brennan was thought to have stolen the half a million dollars. Strange as it may seem, it is alleged that he just walked out with the money and disappeared. He was never found to answer to any allegations so, it is still a mystery to this day.
It was 1992 and Bill Brennan had been working at the Stardust Casino in Las Vegas for four years. By all accounts he was a bit of a loner with not too much personality. They say that, initially he was a good worker but he was later turned down for promotion. Maybe he developed a chip on his shoulder.
Louis Colavecchio was a successful casino token forger on a large-scale until he got busted in 1998. He served seven years in prison and then tried again.
The Louis Colavecchio Story
He was an Italian immigrant to the US. Born in 1942, He had a normal childhood and later was married with three children. All his life, he aspired to open a business and be successful. The American Dream was calling him. He was a quality toolmaker and settled on Rhode Island, New England. Having opened two shops selling tools he was on the road to success.
During 1973 together with her family, Monique Laurent almost pulled off one of the best technological roulette gambling scams of that time. She won over a million dollars in a week as a Roulette cheat.
The Monique Laurent – Roulette Cheat
Monique was born on Valentines Day, 1948, in Deauville, France, on the Atlantic Coast of lower Normandy.
Her Roulette cheating did not start until she was 25 years old. She had an ordinary childhood growing up with her family, the only outstanding thing about Monique was her beauty. She was intelligent and a stunning looking young woman.
The surprising thing about this Roulette cheat is how they managed to pull it off. It is a story of technological achievement. 1973 was time when electronics were a lot less advanced than they are today.
Ida Summers probably thought of herself as just a gambler with the edge. The truth is she probably went down in history as biggest casino cheat of all time.
Ida Summers Casino Cheat – Charm Beauty and Skill
It was probably her beauty and charm which facilitated her success as a casino cheat. Apart from being very skilled at cheating with cards apparently, she was a very professional flirt. Being very pretty and petite with a huge personality she was nicknamed as the “Vegas Vixen”.
History tells us that most casino cheats were males so, being an attractive female may just have given her the edge. Also historically, most gambling scams involved using pretty women as a distraction.
Richard Marcus was a prolific casino cheat. Although he was caught a few times he was never convicted. Later, he wrote a book about his cheating escapades and made enough money to stop cheating the casinos.
Richard Marcus Casino Cheat – The Early Years
He grew up in Bergen County, New Jersey. His affinity with gambling started as a young child. He used to gamble with his parents on the colour of the next car they would see, when out on trips in the family car.
Later, he used to collect and flip baseball cards with his friends. His friends would often lose so they developed a cheating strategy to beat him. They secretly switched baseball cards amongst themselves and went on to trick him out of his entire collection.
Tommy Carmichael is probably the most notorious slot machine cheat. Allegedly he stole millions of dollars from worldwide casinos.
Tommy Carmichael – Slot Machine Cheat
Technically we could call Tommy a thief but he was only playing the slot machines in a novel way. So, we call him a slot machine cheat, read on and see what you think.
His career spanned several decades. He was a genius at working out how to beat the slot machines with mechanical and electronic devices. In total, he only spent six years in prison. After his initial 5 year stretch in the early 80’s he returned to the casinos with a vengeance. He then did another one year term in 2000, after he was caught cheating on CCTV.