Business: Casino
Stock Market Casino   (+3, -1)  [vote for, against]
A casino legal anywhere!

Bets are made and paid off based on stock and futures markets. Shiny noisy games are used. Examples of the attractions:

Stock racing: Mechanical horses are tied to second-by-second stock prices, where the stocks are selected by the users.

Stock Slots, where the chance for a payout is only based on the odds of a certain stock going up in value by a certain amount

Bond Blackjack: The value of your card is selected based on the least significant digit of the real value of a bond in ten minute's time. Payoffs are made after that time has expired.
-- Voice, Jun 23 2008

Online stock trading: real money, fake stocks Online_20stock_20tr...20stocks#1213889167
[xaviergisz, Jun 23 2008]

How confident are you that an establishment offering exotic over-the-counter derivatives to retail investors (which is what this is) without the oversight of, say, the SEC, would successfully circumvent laws against casinos?
-- pertinax, Jun 23 2008


Can never happen, but I can't bring myself to dislike this idea. Have you been watching "Boiler Room" or "Wall Street" by any chance?
-- 4whom, Jun 23 2008


What did I say that sounded like, "no SEC oversight"? Or are you saying the SEC wouldn't allow this? Are there laws about these things?
-- Voice, Jun 23 2008


I had this idea too, and would like to know why it couldn't work.
-- idris83, Dec 20 2011


How is this different from the actual stock market?
-- pocmloc, Dec 20 2011


Because you're acting like a stockbroker, but using your own money.
-- Alterother, Dec 20 2011


Sounds like a front end for spread betting. As long as someone signs up to the t's and c's, should be ready enough.
-- saedi, Dec 22 2011



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