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'55', 'name' = 'Financials', 'category' = ', 'path' = '/var/www/vhosts/betting.betfair.com/httpdocs/financials/', 'url' = 'https://betting.betfair.com/financials. Betfair International Plc is licensed and regulated by the Malta Gaming Authority. Licence Number: MGA/CL3/454/2008 17th March 2015, Triq il-Kappillan Mifsud, St. Venera, SVR 1851, MALTA.
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- So what is Financial Betting? It is effectively betting on the value of a stock exchange. There are four main stock exchanges in the world, and it is the value of these at any given time upon which players can bet. The amount of business that flows through an exchange is what dictates whether the value of that exchange rises or falls.
- Betting on Financial Markets is simple on the Betfair Exchange. Browse over 5 Financial Markets bets, choose a market, such as: Non sport; Special, and then either match a bet, or set the odds and place a Financial Markets bet against others.
The Milgram experiments potentially teach us more, though. Whilst the results in themselves are stark – many of us will deliver a possibly fatal electric shock to an innocent victim if we are told to – the reasons behind those results are arguably more interesting.
Postulating why participants behaved in the ways they did, Milgram offered the agentic state theory, which suggested that once someone detaches themselves from responsibility, they no longer view their actions as their own, and so they cease to apply their morality in the same way they usually would.
Philippa Ford’s famous thought-experiment, first proposed in the 1960s, gives an insight as to why. If a runaway train carriage is headed for five stricken humans, would you pull a lever to switch the carriage to another track, where it would only kill one? According to Ford, most of us would.
But the thought-experiment continues: if you could also save the five men, but would have to push a man standing beside you on to the rails to guarantee the carriage’s derailment, could you still do it? Most, apparently, wouldn’t.
Ford’s explanation is that the first option is more acceptable to us because pulling a lever is abstracted from the direct act of killing someone, whereas pushing the man is not. In one, we view ourselves as being an agent of death; in the other, we distance ourselves from that agency.
Can the Coalition Change the momentum?
If the last few days have taught us anything a week in politics is a long time, six months until the election is actually held might be an eternity. The Coalition could bounce back but it will take an incredible run of circumstances to ‘go right’ for that to happen. However in the fast changing world of politics and economics, there is clearly some chance of a Coalition resurrection.
The areas of hope for the Coalition include the improving budget position, which Prime Minister Scott Morrison said is likely to lead to a range of big spending policy announcements ahead of the election in an attempt to win back votes. Get set also for Coalition promises on tax cuts, which it sees as a factor that could sway otherwise disaffected voters.
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Could this strategy bring the Coalition back into the mix? We’re not sure. Particularly now that governing just became a whole lot harder, in the wake of the Wentworth by-election. The Coalition will find it much more difficult to manage the House of Representatives if it is in minority.
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Plus, the electorate is likely to view such give-aways with a high degree of cynicism.