{"id":9520,"date":"2008-12-30T00:00:00","date_gmt":"2008-12-30T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"cubans-sports-gambling-hedge-fund-revisited","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2008\/cubans-sports-gambling-hedge-fund-revisited.html","title":{"rendered":"Cuban&#8217;s Sports Gambling Hedge Fund, Revisited"},"content":{"rendered":"<p>CNBC &#8211; More than four years ago, Dallas Mavericks owner Mark Cuban said that if he started any hedge fund, it would be a sports gambling hedge fund. <\/p>\n<p class=\"textBodyBlack\">Cuban quickly noted that it was merely a fantasy: as an owner, he wouldn&#8217;t be allowed to bet. But I can&#8217;t stop thinking about the fact that that idea probably would have yielded among the best percentage returns of any hedge fund this year. <\/p>\n<p class=\"textBodyBlack\">The billionaire&#8217;s rationalization started with the fact that sportsbooks make money off people who expect to lose &mdash; but for the smart gambler, the sports book opportunity could actually be better than the stock market. <\/p>\n<p><strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.cnbc.com\/id\/28420884\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CNBC &#8211; More than four years ago, Dallas Mavericks owner Mark Cuban said that if he started any hedge fund, it would be a sports gambling hedge fund. Cuban quickly noted that it was merely a fantasy: as an owner, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[608,2570,4849,4848,3801,4855,4854,1974,48,4850,4851,4852,4853],"class_list":["post-9520","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-billionaire","tag-cnbc","tag-dallas-mavericks","tag-dallas-mavericks-owner-mark-cuban","tag-dallas-mavericks-owner","tag-fantasy","tag-gambler","tag-mavericks-owner-mark-cuban","tag-money","tag-rationalization","tag-sports-book","tag-sports-gambling","tag-stock-market"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9520","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=9520"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9520\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=9520"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=9520"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=9520"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}