It survived a flood over 100 years ago. After rebuilding the old irrigation canals that had been destroyed in the flood, the town began to attract more settlers setting up permanent residence.
Initially, the main force driving the Mesquite economy was raisins. Property values were shooting ever upward.
In 1887, a single family (though a family of one husband, five wives, and 39 children) made a go of it. After 100 years, the small border town between Utah and Nevada was meeting with real success as more casinos opened and its population, mostly retirees, began to grow.. As the automobile became more common, resulting in the passing through of many tourists on their way to other destinations, motels and hotels began cropping up to allow weary travelers a place to rest. Booming Las Vegas soon became Mesquite’s biggest customer as the town’s landscape became dominated by dairies supplying the demand for milk, eggs, and the like.
About the Author:
It’s Mesquite! (http://itsmesquite.com) offers information on Mesquite, Nevada casinos and resorts with exclusive discount offers. In the 1970′s, Peppermill Casino, which would later be called the Oasis, set up shop. It might be as close to a sure bet as you’ll ever see in a gambling town.
The construction of I-15 through Mesquite brought big changes. If you’re the gambling type — and if you’re interested in Mesquite then you probably are — I’d recommend putting your money on a strong comeback. Many homes went up for sale as residents began looking for work elsewhere.
But don’t count this tough little border town out. The effect was devastating and the pioneers abandoned the area.
Today the Oasis, the town’s first casino, has all but shut down due to hard economic times. The 1990′s saw growth in the gambling industry for the small city and it was marketed as an alternative to the bright lights and busy streets of Las Vegas. This put several hundred employees out of work. Mesquite didn’t have the wild shows, but the gambling was more laid back. Art Gib is a freelance writer.
Mesquite’s modern history begins in the late 19th century. Prior to that, it was little more than an area that was passed through on the Old Spanish Trail along the Virgin River heading towards California.
Those original settlers had their settlement essentially wiped out when their irrigation networks were destroyed by a flood just a few years after settling. But it wasn’t until the 1980′s that the city finally incorporated. A group of Mormon pioneers began settling in the area starting around 1880, calling the place Mesquite Flats. After living there for four years they, too, gave up and left the region. But just a few years later in 1894, a group of six families settled in the area, and this time the settlement was as success
Big suicidal mistakes in investing occur when decisions are made without a complete understanding of how a business or a particular industrial sector works. In 1989, Berkshire Hathaway invested US$600 million in Gillette, an investment which grew to US$850 million within two years, besides earning a handy US$52.5 million dividend yield. The idea is to go all in and back a few chosen bets, after detailed analysis. It may be their level of product innovation, acquired monopoly in product or service demand, a sector pioneer’s head start, or any other advantage that keeps them sufficiently ahead of all competition. We want to buy them when they’re on the operating table. A capable, trusted, and candid management is bound to make better decisions to widen the growth prospects of a business.
Timeless Wisdom from the Oracle of Omaha
Ergo, it’s not possible to emulate him, as he casts such a huge shadow on the markets today, that his investments sometimes turn out to be self-fulfilling prophecies due to the high volume of funds he pours in. A consistently high ROE for more than 5 years, marks a company to be a safe bet for investing.
To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insights, or inside information. With Wrigley chewing gum, it’s the lack of change that appeals to me. It determines the value of each dollar earned in sales per share, for a company. Make investments to create a second source.
Invest in what you understand
The best thing that happens to us is when a great company gets into temporary trouble . . -Warren Buffett
Lastly, the core principle of Buffetology-once you find a good thing after careful analysis, hold on to it, as with time, it only gets better. A prime example is one of his biggest early bets and successes-Coca Cola, a company whose business model and future potential was rightly gauged by him.
Another such example is See’s Candies, a manufacturer of candy and chocolates, whose products have been in high demand, throughout United States. It is known for constant innovation and predictable market earnings. Since the 1980s, it has been a household brand with a proven market share. These include:
Low Price-to-Book Ratio: This ratio (= Stock Price/Total Assets – Intangible Assets – Liabilities) allows you to screen stocks that are trading below their book value, a.k.a. While a legion of analysts have tried to dissect Buffett’s approach to discover the holy grail of investing, very few have been able to replicate his success.
The master investor, who bought his first stock at the age of 11, doesn’t just buy securities now, but prefers buying controlling stakes in companies, assimilating them into the huge sprawling empire that is Berkshire Hathaway.
Go for companies with highly favorable long-term growth prospects
In the 1990s, he avoided the Dotcom bubble, by eschewing Internet-based businesses, whose future prospects, he did not fully comprehend. Speculative day trading not only incurs high transaction costs and taxes, but also doesn’t add up to substantial profit, compared to a well-thought out long-term bet. I don’t think it is going to be hurt by the Internet.
There are many other parameters that are a part of the scanner employed by the master investor. -Warren Buffett
Go after your strengths, and invest in what you understand. Because he bases his decisions on understanding an industry, instead of relying on hearsay, he has been insulated from the speculation-driven insanity that periodically grips the markets. undervalued stocks, which are bound to appreciate to their true value, in the future.
Low Price-Earnings Ratio: This important ratio (= Market value per share/Earnings per share) can only be used to compare companies within the same sector, to separate those with high earnings, trading at relatively low prices. When Procter Gamble bought Gillette, Berkshire Hathaway being the largest shareholder, earned a handsome profit of US$645 million.
Over the years, as his style of investment has evolved, Buffett, along with his closest business partner, Charlie Munger (Berkshire Hathaway’s Vice-chairman) have also focused on looking at the quality and leadership capabilities of the management, provided all other financial parameters check out. A company whose products and services have enjoyed perennial demand and established large-scale market exposure, is bound to do well. Of course, this strategy requires a lot of conviction in your choices, and at times, the willingness to be a contrarian, when conventional market wisdom thinks otherwise.
The Unbeatable Compounding Machine
For more than 49 years, Warren Buffett’s Berkshire Hathaway has grown at a rate of almost 25% every year. To put things into perspective, if a 60 cm rose bush were to grow at this rate, within 37 years, it would grow to be as tall as the Empire State Building!
In totality, these price multiples can together identify undervalued stocks, a rare breed that a value investor like Buffett prefers buying, as they have a high probability of appreciation compared to other stocks.
It takes 20 years to build a reputation and five minutes to ruin it. It is just that he has avoided blunders and learned from his mistakes through clear introspection.
The growth of his company, which has been beating the SP 500, almost continuously for decades, is testimony to the sound investing principles and mental framework that has helped him choose winners more frequently than others.
Focus on parameters identifying undervalued investments
Wide diversification is only required when investors do not understand what they are doing. Buffett has always believed in investing such companies that have a strong protective moat.
Do not save what is left after spending, spend what is left after saving.
How do you beat Bobby Fischer? You play him at any game but chess. Also recommended reading is the compendium of Buffett’s letters to his shareholders, where he has expounded the essence of his technique, in his unique folksy way. That’s the kind of business I like. Again, this indicator shouldn’t be used in isolation, but only as part of a broad analysis of the company’s financial fundamentals.
High Dividend Yield: The yield (= Annual dividends per share/Price per share) can separate out companies that pay out high dividends for every investor dollar put in.
You only have to do a very few things right in your life so long as you don’t do too many things wrong.
You may not immediately make a killing on the stock market with Buffett’s principles, but you will certainly lose less money with his conservative value-investing approach, which is as good as a win, over a long period of time. An essential reading, is ‘The Intelligent Investor’ by Benjamin Graham, as well as ‘Common Stocks and Uncommon Profits’ by Philip Fisher, the two men, who have influenced Buffett’s approach. Such businesses are the sure-things of the stock market, which may not necessarily post spectacular results in any quarter, but will keep the profit meter ticking steadily.
Be patient, hold on, it gets better
A parameter that is closely monitored by the master investor is the return on equity (ROE), quantified as Net Income/Shareholder’s Equity. While this approach has also led to him missing out on a few good opportunities, it has largely saved him from large-scale losses.
The Key Investing Principles of Buffettology
Lastly, some timeless quotes to live by, from the Oracle of Omaha, that should be pinned on every investor’s work desk.
Risk comes from not knowing what you’re doing.
Another parameter that’s part of the Buffett scanner is the profit margin (Net Income/Net Sales x 100). -Warren Buffett
The most successful student of value investing guru-Benjamin Graham, pin-up boy of investment managers, the Oracle of Omaha, the unyielding CEO of Berkshire Hathaway, and the grand old sire of American capitalists, Warren Buffett is one of the few billionaires who made a substantial chunk of his early fortune, through pure investing.
. To qualify for investment, the profit margin needs to be consistently high and growing for the past 5 years.
If you buy things you do not need, soon you will have to sell things you need.
Market leaders are set apart by the strong competitive advantage (economic moat) that they hold, over their competitors. While this may not always lead to winning bets, it will protect you from the pitfalls of speculative (the-quest-of-the-next-big-miracle) investing.
An example from Buffett’s portfolio is Gillette, a market leader in personal care products, primarily including men’s razors. Consequently, their stock value suffers, and Buffett has always capitalized on such opportunities where the company is trading at a 20% to 25% discount price of its true book value. It measures the benefit generated for the invested shareholder money. It quantifies the net income earned by the company, for a small percentage of shareholder’s equity. Buffett believes in focusing on a few good bets for the long term and doesn’t believe in spreading himself too thin or over-diversifying. Buffett has always restricted himself to investing in businesses that he understands. . By focusing on a chosen few stocks that have passed his extremely detailed scanning test, he increases his holding in them over a period of time to bolster his bet. Let rationality reign over passion in matters of money and investing, and you shall build a solid fortune over a lifetime.
Go for companies with candid, trustable, and capable management
Ergo, invest in your circle of competence, it being the set of business sectors whose products and services, as well as market value, are comprehensible to you, through personal experience. He completely ignores the brouhaha and speculative trends of the market and entirely bases decisions on the study of a company’s balance sheet, market impact, and future potential. This also lets him invest in a high volume of shares of a company, in a single go, acquiring a significant, and at times, controlling stake in companies. All companies start small and the few who can identify their long-term value and prospects at that stage, to invest in them, ultimately reap big returns. -Warren Buffett
The value of a stock is dependent on the projection of its future earnings and if they are highly predictable, it makes for a smart bet. I try to stay in games where I have an edge, and I never will in technology investing. What’s needed is a sound intellectual framework for making decisions and the ability to keep emotions from corroding that framework. Invest only in companies that have good long-term growth prospects.
Buy undervalued growth companies
While he started out as a diligent follower of Graham’s value investing approach, aimed at snagging companies trading at prices lower than their true value, over time, Warren Buffett has absorbed and assimilated a range of ideas from other master investors, like Philip Fisher, and developed his own. Build a framework for choosing stocks, that’s customized according to your risk appetite in investing. True investors are in it for the long run. When considering a stock, think of it for what it is-an opportunity to buy a quantum of ownership in a business. Only in this circle, can you have the conviction to make future predictions. Evaluate its future potential and financial fundamentals, as well as market demand for its products and services. -Warren Buffett
Once in a while, opportunities open up, when innovative companies with high growth prospects get into trouble due to temporary setbacks. He has been known to be greedy and opportunistic during such times, when the market has been fearful about a stock and has earned rich dividends from the recovery of the stock price, in the long term.
Opt for companies with a strong economic moat
In the short term, the market is a popularity contest. This parameter should never form the only screening criteria, as not all low P/E ratios indicate undervalued high-performance companies.
Low Price-to-Sales Ratio: This parameter (= Stock price/sales per share) can be indicative of an undervalued stock. Even he made his share of mistakes, had missed opportunities, and lost a lot of money in the markets. In the long term, the market is a weighing machine. The prime imports from his approach have been outlined in the following lines.
Focus on a few good bets
Never depend on a single income. -Warren Buffett
Investors like Buffett amass great fortunes as they stay invested for the long term in high-growth companies and have the dexterity to spot them early. -Warren Buffett
At the other extreme of non-diversification is over-diversification. Think like the owners of a business when buying a stock, and your approach to the whole process is bound to change.
Our approach is very much profiting from lack of change rather than from change. Berkshire Hathaway’s US$57 million investment in the company has earned more than US$1.35 billion, in the ensuing years.
Choose companies with stable, consistent, and predictable earnings
Our favorite holding period is forever. If you think about that, you’ll do things differently.
Pick businesses with high and stable profit margins
Look for high return on equity
To sum up Buffett’s approach in the simplest of words, he goes after undervalued stocks, with strong financial fundamentals and growth prospects, holding them for the long term
You will be able to relate with other people who share the same passion as you do about this brilliant sport of kings.
Two aspects stand out of the significance of today’s internet: connection and advertising. Currently, a lot of betting is done on the internet, so people to chat with about the topic on the High Street are harder to find.
Those reasons are:
iv) Humour: You will often find a great deal of pleasant chitchat on many forums, although you’ll always have the odd cantankerous folk, and a few muppets. However, forums based on horse racing allow you not only to discuss a race, but also for numerous people to express how they consider the race to be run, and who they think the winner will be. When you think about it, all the talking carried out in forums is actually the free exchange of information. Other people adore the sport of kings as much as you do. You can read about the many opinions of others and impart your thoughts on those. This means that people can to respond to what other people have said. Via online forums, people can put across their opinions and various thoughts on countless subjects and hobbies such as horse racing. Sure, you know that you are not the only one with an interest in horse racing. To be more exact, some people go to horse racing forums in order to learn how to enhance their profits. These factors are the most important two reasons why the internet continues to develop each day. Many people remain on the same forum for years, and the humour and friendliness become part of their life, and horse racing gives you plenty of opening for this kind of gossip.
The internet provides a lot of people with, video chat, chat rooms,instant messaging, forums and many other means of communication in order to help them put across their opinions and thoughts online. Nevertheless, it is often the case that the people who you talk to on a daily basis and with whom you frequently interact do not always share the same passion that you do. This can be incredibly frustrating, but nothing to get suicidal about! By going to a horse racing forum, you should be able to discover someone with the same level of devotion that you have.. In the past, a person could chat about the bias of gambling in the bookmakers and have people listen to them. Most people fit into two groups, those that purchase, and those that chat to each other. This can be very important for people who do not have inside information on the race track.
i) Expression: A lot of people visit horse racing forums in order to convey their various emotions regarding a particular horse or race. This latter form of communication requires particular software.
So why is it important that people drop in on forums in order to express themselves? For one thing, in the real world it may be difficult to find people who want to chat about the subject. They either get free tips, systems, betting advice, and help on numerous other forms of gambling. In fact, a lot of people today go to see a horse racing forum due to many reasons.
iii) Information: A lot of people who go to forums do so in order to reveal, gather, or exchange information. A horse racing forum can help people impart a lot of opinions, isn’t that what interaction on the internet is all about?
This is another basis why horse racing forums are so critical. ii) Discussion: Expression can refer exclusively to you having other people pay attention to your thoughts and ideas. In a racing forum, a person can share their hopes of backing a winner, the sense of success and the agony of defeat
Business remains barred from conversation. However, membership was reserved for the wealthiest and most influential members of society who aligned themselves with the Tory party.
White’s gentlemen’s club began as a chocolate house that sold chocolate delicacies. The clubhouse had a special bow window on the ground floor. White’s sold hot chocolate and other chocolate concoctions. The table placed in front of the bow window was reserved for honored members and became a symbol of social prominence. The fashionable St. Members are mostly aristocrats. A prospective member needs someone to propose his membership and two seconds. James Street, where it remains today. Mrs. The bet was lost when the man died.
Lejeune, Anthony, Gentleman’s Clubs of London, Macdonald and Jane’s, 1979
Not much is known about the membership application process. Other bets had more serious consequences. If accepted, the new member pays around £850 a year in membership fees.
By 1778, White’s was an established gentlemen’s club. Many political bets were placed during the Napoleonic Wars. During the reign of King Charles II, chocolate houses were gathering places for London’s elite to debate politics. At this time, chocolate was a rare luxury that only the wealthy could afford. The membership is still all male. In fact, in 1783, the club was the unofficial headquarters of the Tory party.
Since its establishment as a gentlemen’s club, White’s has provided a place for members to socialize over cards and parlor games. Today the club has many leisure activities for members ranging from cards to billiards.
White’s may be one of the traditional gentlemen’s clubs that remains relatively unchanged by modern times. Etiquette is extremely important. Bets also included social concerns such as gentlemen’s fashions and marriages.. White’s was one of a number of chocolate houses that eventually became a gentlemen’s club.
Notable members of White’s include Horatio Walpole, Edward VII, Evelyn Waugh, David Niven and Prince Charles.
In addition to selling chocolates, Mrs. White’s sold tickets to plays performed at the Royal Drury Lane Theatre and the King’s Theatre. He hired a man to carry out the experiment. Bet topics ranged from political predictions to sports. Written about in novels and movies, White’s may also be the most famous gentlemen’s club.
Some eccentric bets for those with money to burn included Lord Avanley’s £3,000 bet on which of two raindrops would fall on the bottom of the famous bow window pane first. Applicants who already know many current club members have the best chance of success.
White’s Betting Book
Early History of White’s
White’s Club Life
During the nineteenth century, club members placed controversial bets in the famous White’s betting book. Ticket sales helped balance the costs of the chocolate and maintaining the establishment.
White’s has long been considered a Tory club. According to Anthony Lejeune’s book, Gentleman’s Clubs of London, one member bet £1,000 that a man could live under water for 12 hours. Italian immigrant Francesco Bianco, who changed his name to Francis White, founded the establishment in 1693 at 4 Chesterfield Street and called it Mrs.White’s Chocolate House. White’s has always had a reputation for high stakes gambling and unusual wagers. During this time period, White’s moved to 37-38 St. The sponsors write the prospective member’s name in a book and collect about 35 signatures of support for the applicant. James area was the most desirable area for a clubhouse. Beau Brummell held the seat for a number of years.
In the nineteenth century, the establishment was the most exclusive gentlemen’s club for well-born upper class young men. All fashionable gentlemen sought membership in the club
So basically, the morning line is someone’s estimate of what each horse’s closing odds will be. For example if the morning line on a particular horse is let say 8-5, that could change it’s never set. That because in the parimutuel system the odds are determined by the betting pool. It also could be someone’s opinion of what they think each horse’s chances should be. The morning line odds are the probable betting odds as estimated by a bookmaker or track handicapper, usually issued the morning of the race, before wagering begins. In this system if you make your bet on horse number 8 when the tote-board says the odds are 8-5 you are not guaranteed to get that payout, the odds will rise and fall prior to the running of the race when the pools are closed.
Note: Parimutuel is a form of betting and of handling the betting on horse races at racetracks, in which those holding winning tickets divide the total amount bet in proportion to their wagers, less a percentage for the management, taxes, etc.
They come up with a small handful of games each week that they know will be profitable.
They know that some of these games will lose, and they know there is no such thing as a “lock”. They work very hard studying the games, the players, the conditions, and many factors. They also know that in the long run, they will remain one of the very few people that will make a long-term profit.
Again – they DON’T bet parlays as part of their long-term “winning” strategy.
. They DON’T make this steady profit by betting on parlays. I’ve said it before, and I’ll say it again – If you are betting parlays in sports, YOU ARE A JUNKIE!
Only about 1% of sports bettors are consistently profitable
Nelson Rose, Whittier Law School professor and expert on gaming law, called the Justice Department move a “major Christmas present for the Internet gambling community.”
On Friday, the Justice Department reversed its previous stand on the 1961 Wire Act — saying that it applied to sports betting but not online gambling — after years of hunting down online casinos like the billion-dollar-plus Full Tilt Poker.
“It’s money and [states] can’t raise taxes anymore and they can’t cut services anymore so they need a way to raise money and gambling seems to pay more tax,” Rose said.
He said that youth were already gambling online and that the industry was not doing a good job preventing it.
“We are about to see this explosion of Internet gambling sweep across the nation,” he said. and Nevada are already poised to start online gambling, mostly poker. “All we’re seeing is every single state proposing more and more legal gambling. Kentucky’s Gov. He said online gaming would likely bring more visitors to casinos.
Keith Whyte, the executive director of the National Council on Problem Gambling, said there were a half a million youth ages 12-17 with gambling problems.
According to a 2010 Morgan Stanley report, analysts said that allowing Internet gambling could bring in $5 billion.
He said that poker would likely generate $12 billion a year in revenue for states and that the lotteries — already a $60 billion to $70 billion business — would continue to grow.
“In some ways, we’re concerned that when these existing industries expand [under the new Justice Department rule] they’re going to do the same shoddy job of enforcing that they’re already doing,” Whyte said.
This would be good news for Florida, where lawmakers are set to consider a measure to bring three casino resorts to the southern part of the state. in 2012″/>Image credit: Karen Bleier/AFP/Getty Images
In fact, Washington D.C. Digital Gaming, said the change would give states the ability to legally operate online gambling beginning with poker and also sell lottery tickets on the Internet.
He advised states looking to jump into online gambling to first do a study on the current rate of gambling addiction among youth and gambling adults to see whether there would be a spike.
Regarding Internet gambling, Rose said states would have to require strict regulations to prevent gamblers from becoming addicts and to ensure that minors do not participate.
Bronson of U.S. And in Illinois, there are hopes that online tickets will increase sales for the lottery.
Forget the monkey or the rooster, 2012 could be the year of the gambler and experts say that while that would mean more money in states’ pockets, it could also put young people and adults at further risk of addiction.
I. In New York, the governor is pushing for the legalization of casino gambling.
Dec 28, 2011 12:50pm
SHOWS: World News
“States are looking to maximize revenue from gambling, but they also need to minimalize the social costs,” Whyte said.
Nobody should ever see your cards until the showdown.
Playing poker live in a casino is very different to playing poker online. Following this poker etiquette will not only make your live poker experience more enjoyable but will make you look like a real poker pro at live poker events.
Do not Discuss Hands. This is not limited to verbal comments; remember actions speak louder than words. Acting before your turn is impolite and gives unfair advantage to other players. Even if you are a seasoned online poker pro your first entry into casino maybe overwhelming so it is good to know basic live poker ground rules, otherwise known as poker etiquette. Do not express your opinions about other people’s play. If you put out enough chips for a call and then decide to change your mind and raise by adding more chips, it will be called a String Raise, and is not allowed. AND raise $1000″ does not have place at a casino poker table. The dealer will ask you to take the raise back. Stack them in a neat pile about a foot away from you. When playing live you have to wait for your turn before you make any action. When you play poker online, poker room software allows you a certain amount of time to react, if you take more time than allowed the “sitting out” feature will take you out of that hand. If a player before you sees you folding he might decide on a different bet to the one he would have made without this knowledge.
Unleashed Poker is an online poker room licensed and regulated in Curacao.
Keep Your Cards on the Table. The dealer is not giving you bad cards on purpose while saving all the good cards for your opponents.
Do Not Splash the Pot. Knowledge of those rules will make you feel more relaxed, give you a chance to concentrate on your play and assure players around you that you know what you are doing and should be taken seriously. This rule is in place to stop players getting an advantage from reading the possible tells of the call and then take advantage of it through raising. Yes poker can be very frustrating whether you play live or online. Don’t push your chips into the middle of the table where they can get mixed up with other players’ chips. If you muck T, 3 unsuited and the flop comes with T,T,T control yourself. If you are folding move your cards towards the dealer, making sure that they are always face down, as one quick glance at your cards will give an advantage to other players. This is another difference playing live compared to playing poker online. If you have a question, please, ask the dealer not a player sitting next to you.
By: Unleashed Poker. However angry or upset you are stay polite to players around you and the dealers. Even if you have folded keep quiet about your hand or offer other players advice with their hand. Act in Turn. When you receive your hole cards have a look at them, while protecting them with your hand and place a chip on top as an indication to the dealer that you are still in play. Your comments to your neighbour about your hand will put him in unfair advantage compared to other players at the table. Although it is OK to spend some time to think about your actions live playing live if you take too much time on every hand you play you will only irritate players around you and make yourself look indecisive and unprofessional.
If you would like to try one of the big live poker tournaments Unleashed Poker gives you this chance as well as many other online poker promotions running now. Under no circumstances remove the cards off the table. Those words that you say to air your feelings at home have no place in a casino. In an online poker room you can click your action button at any time and your action will be shown to other players when your turn comes. So if you want to raise just say “Raise” or simply count the number of chips you want to bet and move them all at the same time.
If your idea of fun is to irritate as many people around you as possible just disregard the rules above, however don’t be surprised if players at the table turn against you and the casino in turn may impose a fine or ask you to leave. Expressing your emotions this way will also make you more of a target for other players. Throwing your cards at a dealer is big No-No and makes you look amateur and rude. Rolling your eyes and groaning will tell everyone around the table that the forth ten is out of action. If you won your seat in live poker tournaments through some of the online poker promotions and you are new to real casino atmosphere it is especially worth taking time to get familiar with Dos and Don’ts of the casino play so you always look and feel like a regular.
First and foremost Be Polite at all times. The famous phrase “I will call your $500…. The dealer will take care of them when the action is completed for this round.
Berdych, who reached the semifinals at last month’s French Open, won the match 4-6, 7-6 (7-1), 7-5, 6-3 after serving up 20 aces and winning 62 of his 77 first serve opportunities.
Roger Federer labored his way through the first two matches at Wimbledon, but he returned to his typical championship form in scoring third and fourth round victories over Arnaud Clement and Jurgen Melzer, respectively. The Swiss champ played a highly efficient match, committing just 11 unforced errors while hitting 28 winners..
Roger Federer -700
Tomas Berdych +400
SPORTSBETTING.com Wimbledon 2010 Roger Federer vs Tomas Berdych Betting Odds:
It looks like Roger Federer is back and that is bad news for his quarterfinals opponent, Tomas Berdych. Melzer, who Federer dispatched on Monday by a score of 6-3, 6-2, 6-3, won just 15 of 63 receiving point opportunites in the loss. However, Berdych has the skills to challenge the six time Wimbledon winner, which he will attempt to do at approximately 8:00am ET tomorrow morning. Wimbledon 2010 Betting Odds at SPORTSBETTING.com like Federer, though, to the tune of -700 moneyline odds.
The 24 year old Berdych, who hails from the Czech Republic, has produced a 2-8 record in 10 career meetings with Federer; however, he did win his last match against the ATP’s second ranked player, a 6-4, 6-7, 7-6 victory at the Sony Ericsson Open in Miami earlier this year. Federer is a perfect 4-0 against Berdych in their four previous Grand Slam matches, including a 6-3, 6-3, 6-4 straight sets win at Wimbledon in 2006.
Federer has now reached the quarterfinals or better in 25 consecutive Grand Slam events, a streak that dates back to the 2004 Wimbledon Championships.
Tomas Berdych advanced to the quarterfinals at Wimbledon for the second time in his career with a four set victory over Germany’s Daniel Brands on Monday