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 | Hi guys, submitted by getmrmarket to Forex [link] [comments] I have been using reddit for years in my personal life (not trading!) and wanted to give something back in an area where i am an expert. I worked at an investment bank for seven years and joined them as a graduate FX trader so have lots of professional experience, by which i mean I was trained and paid by a big institution to trade on their behalf. This is very different to being a full-time home trader, although that is not to discredit those guys, who can accumulate a good amount of experience/wisdom through self learning. When I get time I'm going to write a mid-length posts on each topic for you guys along the lines of how i was trained. I guess there would be 15-20 topics in total so about 50-60 posts. Feel free to comment or ask questions. The first topic is Risk Management and we'll cover it in three parts Part I
Why it mattersThe first rule of making money through trading is to ensure you do not lose money. Look at any serious hedge fund’s website and they’ll talk about their first priority being “preservation of investor capital.”You have to keep it before you grow it. Strangely, if you look at retail trading websites, for every one article on risk management there are probably fifty on trade selection. This is completely the wrong way around. The great news is that this stuff is pretty simple and process-driven. Anyone can learn and follow best practices. Seriously, avoiding mistakes is one of the most important things: there's not some holy grail system for finding winning trades, rather a routine and fairly boring set of processes that ensure that you are profitable, despite having plenty of losing trades alongside the winners. Capital and position sizingThe first thing you have to know is how much capital you are working with. Let’s say you have $100,000 deposited. This is your maximum trading capital. Your trading capital is not the leveraged amount. It is the amount of money you have deposited and can withdraw or lose.Position sizing is what ensures that a losing streak does not take you out of the market. A rule of thumb is that one should risk no more than 2% of one’s account balance on an individual trade and no more than 8% of one’s account balance on a specific theme. We’ll look at why that’s a rule of thumb later. For now let’s just accept those numbers and look at examples. So we have $100,000 in our account. And we wish to buy EURUSD. We should therefore not be risking more than 2% which $2,000. We look at a technical chart and decide to leave a stop below the monthly low, which is 55 pips below market. We’ll come back to this in a bit. So what should our position size be? We go to the calculator page, select Position Size and enter our details. There are many such calculators online - just google "Pip calculator". https://preview.redd.it/y38zb666e5h51.jpg?width=1200&format=pjpg&auto=webp&s=26e4fe569dc5c1f43ce4c746230c49b138691d14 So the appropriate size is a buy position of 363,636 EURUSD. If it reaches our stop level we know we’ll lose precisely $2,000 or 2% of our capital. You should be using this calculator (or something similar) on every single trade so that you know your risk. Now imagine that we have similar bets on EURJPY and EURGBP, which have also broken above moving averages. Clearly this EUR-momentum is a theme. If it works all three bets are likely to pay off. But if it goes wrong we are likely to lose on all three at once. We are going to look at this concept of correlation in more detail later. The total amount of risk in our portfolio - if all of the trades on this EUR-momentum theme were to hit their stops - should not exceed $8,000 or 8% of total capital. This allows us to go big on themes we like without going bust when the theme does not work. As we’ll see later, many traders only win on 40-60% of trades. So you have to accept losing trades will be common and ensure you size trades so they cannot ruin you. Similarly, like poker players, we should risk more on trades we feel confident about and less on trades that seem less compelling. However, this should always be subject to overall position sizing constraints. For example before you put on each trade you might rate the strength of your conviction in the trade and allocate a position size accordingly: https://preview.redd.it/q2ea6rgae5h51.png?width=1200&format=png&auto=webp&s=4332cb8d0bbbc3d8db972c1f28e8189105393e5b To keep yourself disciplined you should try to ensure that no more than one in twenty trades are graded exceptional and allocated 5% of account balance risk. It really should be a rare moment when all the stars align for you. Notice that the nice thing about dealing in percentages is that it scales. Say you start out with $100,000 but end the year up 50% at $150,000. Now a 1% bet will risk $1,500 rather than $1,000. That makes sense as your capital has grown. It is extremely common for retail accounts to blow-up by making only 4-5 losing trades because they are leveraged at 50:1 and have taken on far too large a position, relative to their account balance. Consider that GBPUSD tends to move 1% each day. If you have an account balance of $10k then it would be crazy to take a position of $500k (50:1 leveraged). A 1% move on $500k is $5k. Two perfectly regular down days in a row — or a single day’s move of 2% — and you will receive a margin call from the broker, have the account closed out, and have lost all your money. Do not let this happen to you. Use position sizing discipline to protect yourself. Kelly CriterionIf you’re wondering - why “about 2%” per trade? - that’s a fair question. Why not 0.5% or 10% or any other number?The Kelly Criterion is a formula that was adapted for use in casinos. If you know the odds of winning and the expected pay-off, it tells you how much you should bet in each round. This is harder than it sounds. Let’s say you could bet on a weighted coin flip, where it lands on heads 60% of the time and tails 40% of the time. The payout is $2 per $1 bet. Well, absolutely you should bet. The odds are in your favour. But if you have, say, $100 it is less obvious how much you should bet to avoid ruin. Say you bet $50, the odds that it could land on tails twice in a row are 16%. You could easily be out after the first two flips. Equally, betting $1 is not going to maximise your advantage. The odds are 60/40 in your favour so only betting $1 is likely too conservative. The Kelly Criterion is a formula that produces the long-run optimal bet size, given the odds. Applying the formula to forex trading looks like this: Position size % = Winning trade % - ( (1- Winning trade %) / Risk-reward ratio If you have recorded hundreds of trades in your journal - see next chapter - you can calculate what this outputs for you specifically. If you don't have hundreds of trades then let’s assume some realistic defaults of Winning trade % being 30% and Risk-reward ratio being 3. The 3 implies your TP is 3x the distance of your stop from entry e.g. 300 pips take profit and 100 pips stop loss. So that’s 0.3 - (1 - 0.3) / 3 = 6.6%. Hold on a second. 6.6% of your account probably feels like a LOT to risk per trade.This is the main observation people have on Kelly: whilst it may optimise the long-run results it doesn’t take into account the pain of drawdowns. It is better thought of as the rational maximum limit. You needn’t go right up to the limit! With a 30% winning trade ratio, the odds of you losing on four trades in a row is nearly one in four. That would result in a drawdown of nearly a quarter of your starting account balance. Could you really stomach that and put on the fifth trade, cool as ice? Most of us could not. Accordingly people tend to reduce the bet size. For example, let’s say you know you would feel emotionally affected by losing 25% of your account. Well, the simplest way is to divide the Kelly output by four. You have effectively hidden 75% of your account balance from Kelly and it is now optimised to avoid a total wipeout of just the 25% it can see. This gives 6.6% / 4 = 1.65%. Of course different trading approaches and different risk appetites will provide different optimal bet sizes but as a rule of thumb something between 1-2% is appropriate for the style and risk appetite of most retail traders. Incidentally be very wary of systems or traders who claim high winning trade % like 80%. Invariably these don’t pass a basic sense-check:
How to use stop losses sensiblyStop losses have a bad reputation amongst the retail community but are absolutely essential to risk management. No serious discretionary trader can operate without them.A stop loss is a resting order, left with the broker, to automatically close your position if it reaches a certain price. For a recap on the various order types visit this chapter. The valid concern with stop losses is that disreputable brokers look for a concentration of stops and then, when the market is close, whipsaw the price through the stop levels so that the clients ‘stop out’ and sell to the broker at a low rate before the market naturally comes back higher. This is referred to as ‘stop hunting’. This would be extremely immoral behaviour and the way to guard against it is to use a highly reputable top-tier broker in a well regulated region such as the UK. Why are stop losses so important? Well, there is no other way to manage risk with certainty. You should always have a pre-determined stop loss before you put on a trade. Not having one is a recipe for disaster: you will find yourself emotionally attached to the trade as it goes against you and it will be extremely hard to cut the loss. This is a well known behavioural bias that we’ll explore in a later chapter. Learning to take a loss and move on rationally is a key lesson for new traders. A common mistake is to think of the market as a personal nemesis. The market, of course, is totally impersonal; it doesn’t care whether you make money or not. Bruce Kovner, founder of the hedge fund Caxton Associates There is an old saying amongst bank traders which is “losers average losers”. It is tempting, having bought EURUSD and seeing it go lower, to buy more. Your average price will improve if you keep buying as it goes lower. If it was cheap before it must be a bargain now, right? Wrong. Where does that end? Always have a pre-determined cut-off point which limits your risk. A level where you know the reason for the trade was proved ‘wrong’ ... and stick to it strictly. If you trade using discretion, use stops. Picking a clear levelWhere you leave your stop loss is key.Typically traders will leave them at big technical levels such as recent highs or lows. For example if EURUSD is trading at 1.1250 and the recent month’s low is 1.1205 then leaving it just below at 1.1200 seems sensible. If you were going long, just below the double bottom support zone seems like a sensible area to leave a stop You want to give it a bit of breathing room as we know support zones often get challenged before the price rallies. This is because lots of traders identify the same zones. You won’t be the only one selling around 1.1200. The “weak hands” who leave their sell stop order at exactly the level are likely to get taken out as the market tests the support. Those who leave it ten or fifteen pips below the level have more breathing room and will survive a quick test of the level before a resumed run-up. Your timeframe and trading style clearly play a part. Here’s a candlestick chart (one candle is one day) for GBPUSD. https://preview.redd.it/moyngdy4f5h51.png?width=1200&format=png&auto=webp&s=91af88da00dd3a09e202880d8029b0ddf04fb802 If you are putting on a trend-following trade you expect to hold for weeks then you need to have a stop loss that can withstand the daily noise. Look at the downtrend on the chart. There were plenty of days in which the price rallied 60 pips or more during the wider downtrend. So having a really tight stop of, say, 25 pips that gets chopped up in noisy short-term moves is not going to work for this kind of trade. You need to use a wider stop and take a smaller position size, determined by the stop level. There are several tools you can use to help you estimate what is a safe distance and we’ll look at those in the next section. There are of course exceptions. For example, if you are doing range-break style trading you might have a really tight stop, set just below the previous range high. https://preview.redd.it/ygy0tko7f5h51.png?width=1200&format=png&auto=webp&s=34af49da61c911befdc0db26af66f6c313556c81 Clearly then where you set stops will depend on your trading style as well as your holding horizons and the volatility of each instrument. Here are some guidelines that can help:
For example if you stop understanding why a product is going up or down and your fundamental thesis has been confirmed wrong, get out. For example, if you are long because you think the central bank is turning hawkish and AUDUSD is going to play catch up with rates … then you hear dovish noises from the central bank and the bond yields retrace lower and back in line with the currency - close your AUDUSD position. You already know your thesis was wrong. No need to give away more money to the market. Coming up in part IIEDIT: part II hereLetting stops breathe When to change a stop Entering and exiting winning positions Risk:reward ratios Risk-adjusted returns Coming up in part IIISqueezes and other risksMarket positioning Bet correlation Crap trades, timeouts and monthly limits *** Disclaimer:This content is not investment advice and you should not place any reliance on it. The views expressed are the author's own and should not be attributed to any other person, including their employer. |
| Questions | Answers |
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| Space Cadet Pinball, how does it feel to be the most played "bring your child to work day" game? I remember it fondly. | The best part is that I used to "teach" computer lab when my kids were in K through 6th grades, back when Pinball was still included and well known. The kids could care less about anything technically hard or interesting that I'd worked on, of course, but Pinball gave me instant street cred with them. |
| Especially cool was being able to walk over and enter a secret code that only I knew that would turn on all the cheats, like infinite lives. They thought I was a wizard at that age! | |
| The code, by the way, is "hidden test" without the quotes! Then various keys do different things, you can click and drag the ball around, and so on. Google it for the gory details! | |
| I always like to point out that I was working with a full set of original IP from Maxis, so I had nothing to do with the design of the game, or it's art, etc... that was all done! My contribution was volunteering to port it, including a partial rewrite from asm to C, to work on MIPS, Alpha, PowerPC, IA64, ARM, and so on, which was actually a lot of work. But I got it into the Windows box, which is how and why everyone knows it today. But all credit for the gameplay and so on goes to Maxis, all I did was not screw it up in that case! | |
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| To add a bit of detail re Space Cadet Pinball: we built Space Cadet originally at my company Cinematronics and did a deal with Microsoft to ship it with the Plus Pack that accompanied Win 95 and Win 98. While it technically didn't ship w/ Windows, the Plus Pack had something like a 25% attach rate and pinball wound up on most systems anyway. Microsoft actually had an option in our original contract from 1994 to ship it with the OS itself or the Plus Pack. Maxis was our publisher for the subsequent retail version, and later bought my company. More germane to this thread: I believe Dave's port entered the picture a few years later, after Win 98, and was likely critical to pinball continuing to ship on later iterations of the Windows OS (i.e. 32-bit). I definitely appreciate the time he put in to give the game extra years of life on the Windows platform. Kevin Gliner, game designer and producer for 3D Pinball, and co-founder of Cinematronics. | Pleased to FINALLY put a name to the game design! You should update the Wikipedia article for the game, as I think it lists Matt Ridgway, who might have been sound? I've been crediting Maxis for years, not knowing the role of Cinematronics who was who. One thing that confused me: wasn't there a company that did video games in the 80s called Cinematronics? Any relation? Star Castle, Armor Attack, etc... |
| As for timing, this likely between the Win95 and Win98 Plus! packs. It was very early on at least, and shipped at least in NT4, and perhaps earlier in "SUR" release that ran atop NT 3.51, but I don't have access to any source files to check dates! | |
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| I keep meaning to fix that wikipedia article, there's a significant number of people that worked on the game and for some reason only Matt (an independent sound guy who did some excellent part-time contract work for us) is listed. There's also a lot of confusion about the timing of various releases and the companies involved, and who owns it now (EA). I actually have all the original source, although no rights to any of it anymore. Hard to say on the timing of the port. I was working in Redmond in '99 when I got word someone had done an NT4 and Win2000 port (I'm assuming that was you), so that was the first time the port showed up on my radar. I have a more confident memory (and contracts, email, etc) of all the events related to how pinball came about and the first couple years after it was released. I like to think pinball was the very first Win95 game (it was fun to watch Gates and Leno pretend to play it on stage at the Win95 launch event), but of course there were other games that shipped with the launch too. You're correct, there was an 80s arcade game company called Cinematronics that went out of business long before we started in 1994, and someone had let the trademark lapse. How we came to be called Cinematronics is a long story for another time... | NT shipped in 96, so the version I did for it would have been done in 95. I remember working on it about the time Win9X was shipping or in late beta. I could be wrong on that part, but Nov 95 would be my guess. |
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| Damn dude, porting assembly? You are a legend! | Thanks - we actually did all of our debugging in assembler. We didn't have any source-level or line-level debugging at all (except as noted below). So you'd connect to a machine through an ssh-like tool and then, if the symbols were right, you could get a callstack and inspect memory, disassemble functions, and so on. But since we spent much of our day staring at assembly, I became reasonably adept at it. |
| I say "reasonably" as I was lazy enough that I would compile the components of interest to me with Visual Studio PDB symbols so that, if I could repro on my own machine, I could then source-level debug it. That made me fast at some stuff that others were slow at, but I likely never got as proficient at asm debugging as someone who never had an alternative. I had a developer friend named Bob whom was an ntsd (our debugger) superstar, and he'd write expressions inside of breakpoints to fire conditionally, that kind of thing. So I did learn that trick, but I'm sure there were dozens I just never knew. | |
| That all said, we rarely if ever coded in assembly. All coding was in C/C++. | |
| In the Pinball case, parts of the original were written in hand-coded in asm by Maxis, like the sound engine, and wouldn't have had a hope of working on anything but an x86. Rather than be lame and not have sound on the RISC platforms, I opted to rewrite that stuff in C so that it was portable. | |
| The RISC platforms also bring their own set of problems like 32-bit alignment for data. And being on Windows NT (now just "Windows") meant being Unicode, but fortunately there isn't a TON of text in a pinball game! | |
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| boytekka: damn, the only time that I did assembly language is when we tried moving a small machine through the printer port.. I miss those days LordApocalyptica: Only time I did assembly was when I wanted to make a game on my TI-84, and decided that I didn't want to. I miss those days too. | First game I wrote in assembly I did in a machine language monitor on my C64. You can't (easily) relocate 6502 so to add code you'd have to jump out, do stuff, and jump back... Crazy! |
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| If I can ask a question, how does it feels to go from coding with basically zero help to working with modern IDE and code editors that give you a lot of infos, tips, error notifications and so on? I've started programming like a year ago from zero, and I don't think I could be able to program like y'all did 20 years ago or more. Thanks for doing this AMA anyways! | You're very welcome! The progression in tools has been amazing, really. I remember HESMON and my first machine language monitors for the PET and C64, then really nice ROM dev environments, and CygnusEd for the Amiga... all the way up to PlatformIO and Visual Studio Code. |
| My most recent "WOW" moment was adding a line to my lib_deps line in platformio, which magically included the library being developed at the URL on github. So you can link to online projects... cool. | |
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| Just wanted to say thanks for the Alpha port! | Alpha AXP was by far the hardest to debug! "Branch later, maybe" |
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| I just want to thank you for my first experience with pinball. I am now a top 100 competitive pinball player and own 16 pinball machines. | That's cool, which do you collect primarily? I was always a fan of Williams, and am FB friends with a couple of their older devs like Steve Ritchie, Larry DeMar, and Eugene Jarvis (but I should be careful, Bill Gates warned me never to name drop :-) ) |
| I have a Black Knight 2000 as my own machine right now! | |
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| I have a wide range. Some modern Sterns like Metallica, Jurassic Park, Tron and Iron Maiden. Older Bally’s like Frontier and Fathom. 2 classic Bally/Williams Dr Who and Attack From Mars. Plus a few EMs. I like them all! Attack From Mars was the game that got me into the physical world of pinball. Collecting has been more of a recent pandemic thing since I can’t go out and play. I miss traveling around the country playing in big tournaments. Oh yeah and Steve Ritchie is quite the character. You must meet him some day. I’ve met him a few times and each time has earned a place in my pinball stories I talk about with friends. | Congrats on the collection, that's a nice set! I've never met Steve - I did meet Larry DeMar in vegas. I was playing at a slot machine and he was next to me, and had a name tag, and I was like... "Excuse me sir, but does the word Robotron mean anything?" and it turned out to be him! |
| Asking as someone pretty new in software development, did you experience impostor syndrome? If so, how did you deal with it? | My first couple of years were very productive, so I wasn't insecure about my output, but even so I definitely experienced imposter syndrome. I think most people who achieve aspirational roles do... I have a friend who was in the NFL who describes the same feeling. |
| Being as productive as your peers is sort of the pre-requisite, and if that's true, then remind yourself that when you were in fifth grade, the eighth graders on the playground seemed so old and mature! It's odd in that I started in 1993, but to me anyone who started in the 80s was a "true" Old Timer and remains so in my head to this day. And similarly I'm no doubt the grizzled veteran to people I hired a few years later. | |
| I know when I started I felt like the dumbest guy in the room, and by the end I felt like the smartest guy in the room, and I don't think I'd gotten any smarter along the way. So it's all relative and perception. Well, that and the stock caused some serious attrition of the "really smart"! | |
| I remember visiting Google a couple of years ago in the bathrooms they had posters that read "YOU ARE NOT AN IMPOSTER", and info about seminars and so on about it, so it's very common! I wish I had a concrete strategy for you, but I don't other than "It's commonplace, and I bet there are a ton of resources on the Web. Don't be surprised you're experiencing it!" | |
| What would you encourage someone to start learning today related to your field? | I'm learning React at the moment. Let's face it, the web development experience is utter nonsense. So I kept hoping for something that would make it clean, and easy to make components, and to work with REST apis. So I went looking for a solution. Then I read about Angular, and it seemed like "too much" to learn for the sake of making a SPA. |
| But React seems understandable enough and solves a ton of problems with web development, not the least of which is being able to intermingle HTML and Javascript (via JSX). | |
| As for languages, I'd probably start with Python. I prototyped a complicated LED system a couple of years ago and it was admirable what it could accomplish for an interpreted language. And you probably have to know modern Javascript as well. | |
| Now, would you be rather interested in working for windows, macos or linux ? | I work in all three. For my own projects I write to the ASP.NET Core 3.1, and that's available on Windows, Mac, and Linux. I originally wrote my LED server to it under MacOS, then moved it to Windows with about 5 minutes of changes (related to the consoles being somewhat different). Then I moved it to Linux, where I made it work and then containerized it with Docker. I got it up and running on my Raspberry Pi and in a Windows HyperV and under WSL using Ubuntu. To me that kind of stuff is super cool. |
| Once I had it working in a Docker container I deployed it to my Synology NAS, which is some variant of Linux. So my NAS runs my Christmas lights! | |
| I love stuff like that when it works! | |
| My main workstation is a Dell monitor that has an internal KVM. I have a 2013 Mac Pro connected to it, which is maxed out and then has an eGPU and eRAID setup via Thunderbolt. And then I have a 3970X Windows PC connected as well, and I can jump back and forth with a button. | |
| I spend most of my day in Windows now, unless it's video related, in which case I use Final Cut Pro. | |
| Hi Dave, thanks for the AmA! In regards to task manager - often times I have to click the 'end task' button more than once to get the frozen program to actually close. Why is this? Thanks again. | Remember that, at least in my day, End Task is different than End Process. The former sends a "Please close yourself" message to the app, and if it's hung, it should then detect it and so on, but doesn't always. Imagine the app is in a weird state where it's still pumping messages, it's not hung, but it's broken. End Task likely won't work. |
| That's when you need End Process, which tears everything down for you. The substantive difference is that the program gets no choice in the matter and no notification. End Task can be graceful. End Process is brutal. | |
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| What about when the task manager stops responding? We need a task manager manager to manage the task manager. Lol | I've never seen that happen, ever, unless the system itself or the window manager is bunged in some way. Your puny Task Manager cannot save you now. |
| Then again, nothing can, save a reboot. | |
| What cool new tech are you excited about? | Right now I'm actually trying to productize something of my own, a system for doing hidden, permanently-installed LED holiday lighting. It receives the effect entirely over WiFi, or it can fall back to built-in effects and so on. Quick demo from 4th of July here: |
| https://youtu.be/7QNtj2hZtaQ | |
| I'm done the software on the ESP32 and on the desktop, and working on the phone app now. So the next step is to find someone to manufacture the actual addressable LED strip fixtures. They'd be like under-counter LED strips that snap together end to end, but weatherproof, and with WS2813 LEDs internally. | |
| In terms of stuff that I'm just benefitting from, the latest CPUs from AMD are amazing. I have the 32-core 3970X and the raw computing power is hard to comprehend. That you can buy a 32-core chip for $2K (or 64-core for $4K) amazes me! Now I need to learn AI or something to make use of all of that hardware... | |
| After the rise of WinRAR, did you continue to use the trial or did you pay? | From: [[email protected]](mailto:[email protected]) |
| Sent: Saturday, April 29, 2006 3:14 PM | |
| To: Dave | |
| Subject: Your BuyRAR.com Order #: 122229610 License Key | |
| | |
| | Attachments: rarkey.rar |
| My WinRAR order number, from about 15 years ago, is above. And my WinZip license is much older than that. As someone who (a) made their real living in shareware and (b) worked on Product Activation, I'm the kind of guy who always licenses everything! You'll notice in my PlatformIO/"Arduino" video I even walk people through how to contribute to show how easy it is. I love good, cheap software. | |
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| Would you download a car? | My wife's Tesla downloads update all the time. I'm sure they're just as complex as the mechanical components of the car, so in a sense, we already do! |
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| But... why did you keep the email? | I have a folder on my OneDrive called Registrations where I keep copies of license keys and registrations. So it was handy. Looks like Telix is my oldest registration from 1989 or so. |
| Also what was Microsoft really like back in the 90s? As a user of MS-Dos 3.30 forward till now. I’m assuming there has just been a whole tide of changes. Was double space really as funny on the dev side as it was on the user side with the slowness and the pufferfish as a logo :) | I worked on Doublespace in that I wrote a thunking layer that could live in low memory and then moved the rest of the code into the HMA. I didn't work on the compression, but odds are the guy who did is reading along right now, I bet! |
| I don't really know if it was faster or slower than its contemporaries like Stacker. I wrote one for the Amiga, though didn't get it quite finished before starting at MS, and it's an interesting and hard problem to do well. At least on the AmigaDOS it was, FAT would be a tad easier. | |
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| I mean for its time it was great. But back then floppy disks and 10M RLL-MFM drives were more the norm. It was actually awesome to have it included IN the OS instead of having to buy stacker. I think this is why I get so much of a kick out of every phishing AD that says download this to double your RAM. It just takes me back. | RAM Doublers are a whole 'nother ball of wax. Raymond Chen, in his blog "The Old New Thing", covers them well. If I understand it correctly, in the most famous case the code to do the actual memory compression was disabled, so it literally did nothing, but did it with overhead. |
| On the other hand, I note that current Windows, the HyperV, and even my Synology NAS offer "Memory Compression" now so perhaps there's a time and a place on modern cpus and systems. | |
| I'm an Engineer and regularly use MS Office to produce reports and calculations. Subscript and Superscript are something I use all the time. For at least the last 15 years, in MS Word I can hit "Ctrl +" & "Ctrl Shift +" to make the highlighted text Subscript or Superscript. But MS Word sucks for calculations, so I use MS Excel. But MS Excel it's about 8 clicks to make something super or subscript, and the hotkey technology hasn't made it in. So my question is, why was MS Office 2003 the best version of office that was ever produced? | I retired in 2003. Coincidence? I'll leave that one up to the scholars. |
| If you could go back and change anything about Windows without consequences or worrying about backwards compatibility, what would it be? | Format! I wrote that and since I was used to using the Visual Studio Resource Editor for dialogs, but couldn't in this case, I just laid out a stack of buttons and labels, content in the knowledge that a Program Manager or Designer would come up with a proper design for it that I would then code up. But somehow, no one did, and no one has for 25 years! So it's a big tall stack of buttons like a prairie grain elevator. |
| Ever met Bill Gates or have an interesting personal experience with him or another higher up you can share? | Yes, even when I was a new college hire he had the 30 of us or so over for beer and a burger in his back yard. It was a nice touch and quite informal. Obviously, at some scale, it wasn't 30 people anymore and they couldn't continue it! |
| Ever play the video game Star Castle? It was like that. Concentric circles of people standing around BillG each armed with what they hope is a question or comment so clever they'll stand out in some way! | |
| If every software you need would be available for both systems. Would you use a Linux distribution or Windows 10? | Right now I'd use Windows 10 because, if the same client software is available, I'd do it on Windows simply because I have a new 3970X w/ 128G of RAM and triple RAID0 SSDs plus an Optane stick. All for about 1/10th the price of a Mac Pro. Since the hardware is so cheap and powerful, it's really hard to resist. |
| Even if all the client software were magically available, or Parallels for Linux were a thing, I'd stick with Windows because I haven't seen a Linux UI that I really like. I know everyone has a favorite... if there's an actually good and attractive one that works out of the box, let me know what distro, and maybe link a screenshot! | |
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| Give Mint 20 with Cinnamon a fair shot! I have struggled for years trying to like a Linux distro but never found one that felt and looked right which I think had been the reason Linux hasn't been adopted mainstream but Mint20 with Cinnamon is possibly it..if not its very very close.. Has awesome multi-desltop winodws feature and you can make it basically just like Win10.. Would love to know what you think of it! 20.1 BETA just dropped and has a super interesting feature called Web Apps that needs to be checked out asap! Heres a link to the 20 long term support version.. some people do not like the Minto Logos/Backgrounds out of the box..keep in mind there are a ton of nice ones included and many more you can get quickly if that's something you don't like..what is really neat is that you can make Mint20 look like any OS.. there are themes that make it exactly like MacOS I just have not personally tried those out yet. https://blog.linuxmint.com/?p=3928 | Thanks, I'll check out Mint! |
| I am looking at my copy of Douglas Coupland's "microserfs". Although it's fiction, do you think it resembles the Microsoft Culture of the time? | Lord no, that book bugged me. On the one hand, they're a bunch of pretentious and precocious, annoying kids. I worked on a team (NT) where the tone was set by Dave Cutler and the guys he brought over from Digital, so it was rather different. On the other hand, it's such a big company that odds are those four main people DID exist somewhere in the company. Just not around me! |
| Why was (is) a monolithic registry preferred over distributing the settings in a number of files like Unix? Why did windows remain single-user focused for so long when Unix was multi-user since the 70s? In my understanding, if there is just one user, that user has to be admin which opened Windows up to security issues. (I don't even recall any sudo-like privilege escalation in pre-XP Windows.) | Windows NT was multiluser from birth. And there's nothing about the Windows architecture that requires users to be admin; the reality, I think, is that most apps started out in Win95 land and just didn't work if they were run as non-admin, so people ran as admin because the apps required it. |
| We couldn't just break all those apps and say "Oh well, get better apps" so what you got was a convention of people running as admin. But again, there's no need to. Same as Unix. | |
| The one exception is that under Unix it's easy to sudo and so admin work briefly. I wish Windows had (or exposed) a simpler mechanism for letting me run as a non-admin credential and escalate when needed. I know UAC does the same thing, more or less, if used cautiously. | |
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| Yeah NT did eventually get around to fixing it. My question was really about the earlier systems, because I think you said you worked on MS-DOS? Since there were existing systems with multi-user and privilege escalation even before the first Windows, somebody must have made a conscious decision to not include that functionality. | MS-DOS was only the second or third OS I can think of for a Microprocessor (CPM, SCP, then MS-DOS). What existed for mainframes and minis didn't matter much in the memory limits available on the desktop. |
| What was the inspiration for Space Cadet Pinball and what is your high score? | I don't know, I wasn't the designer, the inspiration part happened separate, I provided the perspiration part! I was actually pretty good at the game, since I was literally paid to play and test it... but I don't know the score, sorry! I do have the world high score on Tempest, though! But not Pinball :-) |
| 1. What's something super useful within Task Manager you think even seasoned Windows users don't know they can do? 2. What do you think a future version of Task Manager should be able to do? | I think CTRL_SHIFT_ESC is a surprise to a lot of people! |
| I think Task Manager needs Dark Mode, and a way to show who has locked what file or device so you can kill the offender when needed. | |
| Why is it that I can still find dialogs in Windows 10 that were clearly built using 16 bit Visual Studio 97 version? | This should explain it. When you achieve perfection, you leave it alone: |
| https://youtu.be/l75a8CvIHBQ | |
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| Please for the love of God, use your Microsoft contacts to stop the snipping tool from going away. It's literally perfect but they keep trying to discontinue it. | One Compound Word: SnagIt. It's what you need to make your life complete. |
| After my time, but I heard the new snipping and history that's being built in to replace it is pretty good. It better be if they kill snipping tool! | |
| Thanks for task manager! I use it for so many things. How do you feel about newer versions of Windows de-emphasizing the control panel in favor of their new settings app? | I'm all for it if they made sure they had 100% coverage of all settings. It's sort of weird that in this day and age, with an R&D budget in the billions, we still have a mix of new control panel and old property pages. But I like the new stuff if it covered all cases! |
| Hello Dave! Why does Windows have such a rough time transferring a lot of small files? Is it a limitation of NTFS? | It's not Windows, it's all operating systems. Part of it is filesystem related: |
| Imagine copying a file takes 200ms of overhead plus 10ms per MB. Coping 100M of large files will take 200ms + 1000ms = 1.2 seconds. | |
| Now imagine you have 100M of 1M files. Now you have 100*200ms + 1000ms = 20000ms or 20 seconds. 20 times as long for the same amount of data. | |
| Did you ever get a chance to work in/on OS/2? I stuck with OS/2 until 2005/2006, before moving onto Linux, and would love to hear any opinions and stories you might have. | I didn't! I used OS/2 a bit but never had a chance to work on it. Many of the people I worked with did, though... but if OS/2 were Kevin Bacon, I'm one degree removed. |
| I had waited more than 20 years to ask this... What the fuck is Trumpet Winsock? | That's what you need to use TCP/IP on Windows before it was included in Windows. You're welcome. |
| What was the idea behind having "generic" activation keys starting in Windows XP that would activate any version, it was said they were for [educational purposes], did Microsoft provide them to 501c3/non-profit schools, or was there a different reasoning? | I'm not sure what you mean by "generic". I remember retail and oem, but what was a generic key? |
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| There was a set of keys that became public knowledge partway through XP life that appeared to activate unlimited machines as valid, though added a banner "For Educational Purposes Only". I remember trying it back in the day and always wondered what the intention was that was important enough the key activations were never blocked. [I did have multiple legal keys, but curiosity killed the cat and I had to swap one to the "educational" key to see for myself, lol] | I don't actually know! But I can surmise that if it was displaying a banner down in the bottom right corner of the screen, it knew it was not licensed and was likely limited or time-limited in some way. Unless you could actually ACTIVATE them with that key, which would surprise me. |
| How does OLE still work? I can't think of anything else that complex and old that still runs. We've got a legacy piece in our application that uses it and I can build against it using .net 4.0, in an Azure pipeline and deploy to windows 10 hosts and a piece of 90s technology still works perfectly. How and why? | It was complex, but pretty well written and very well tested. That's not to say there aren't a lot of bugs outside the common case codepaths, but I bet if Office used it, it's pretty solid, and will be forever. |
| Other than your personal phone number, did any Easter eggs make it to general availability? | There was one in the Win9X shell, but I think we removed it for Windows XP and later. So not that I'm aware of! |
| Have you ever wanted to make a "sequel" to Space Cadet? | There are actually two other tables available in the original Maxis game that should work, in theory, but I think Space Cadet was the best of the 3, so... |
| Were there ever any 3rd party edit/change to shell that made you think, "Why didn't we think of that?" | Not offhand, but "Stacks" on MacOS where it tries to rescue your mess by grouping things by filetype (Images, Docs, etc) is pretty clever. So that's something I wish we'd though of! |
| Have you worked at all with Bryce Cogswell and Mark Russinovich?? Also, what was your initial response to Process Explorer /the Sysinternals stuff?? | No, but the SysInternal guys are geniuses of the highest order, so far as I'm concerned (and I say that based on their products, no knowing them). They know their stuff. |
| What are your best/oddest purchases you were able to justify as a work expense (for example, were you able to get MS to buy pinball machines as an R&D cost)? | I had DirecTv in my office! I was working on the Media Center prototype and we couldn't get cable on campus, so I got the dish installed on the roof, etc.... |
| I had a Tempest machine in my Office but at my own expense. I started right around the days of the "shrimp vs weenies" memo, so they were pretty cost conscious. | |
| Is it true that you and Dave Cutler got into a knife fight over a hand of poker gone bad? | A broken bottle is not a knife. |
| Was DoubleSpace stolen from Stacker? | No. As I understand it, DoubleSpace was licensed from an Israeli developer. Then I heard that Stacker had somehow been awarded a patent on using a hash table in compression, which sounds pretty ludicrous if true. There was a trial, and even though it revolved around hash tables and math and compression engines, and no one on the jury had been to college, as I heard it. So the big guy lost. That's the story I heard, your mileage may vary. I'm not a spokesman, etc. |
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| MS-DOS 6.21, the most useless version. I remember writing an extra "2" on my 6.2 OEM disks when the update came out (no point wasting disks). | You say "useless", I say "canonical". |
| I think I actually worked on 6.22, not sure. It was 6.2 something. In terms of usefulness, the features I added to it personally were: | |
| - Moving Doublespace to HMA to free up a lot of low mem, as noted | |
| - Giving Diskcopy ability to do it in a single pass with no swaps | |
| - I wrote a new version of Smartdrv that added CD-ROM support | |
| - I wrote a special version of Setup that worked via deltas and put everything on a single floppy (no point wasting disks). | |
| Mind you, I was just a summer intern when I did that, and it took me about 3 months. | |
| What are your favorite DOS command-line tricks that still work in Windows 10? | doskey! |
| What actually happens if someone deletes Win32? | Human sacrifice, cats and dogs living together, mass hysteria. Do not attempt. |
| Did Bill ever swing by your cubicle and tell you'd he'd take your assignment home and finish it in a weekend if you didn't hurry up? | Cubicle? It was the 90s at Microsoft! I had a corner office with a table, chairs, a Tempest machine, and a sofabed. |
| What is the best project you worked on or had friends work on that was canceled, that you would revive if you had the resources? | Windows Media Center, I'd say! And I wish they'd done a great AutoPC that the OEMs could have licensed and made common to most cars. |
| There has been a lot of hate on Windows / Microsoft from the Unix / Linux advocates. What are some narratives that you disagree / don't think are true? | I used to love the Amiga, so I know what it's like to feel a sense of advocacy for a platform that you feel is superior but overlooked in the marketplace. |
| I think the most untrue narrative I've heard about them is that they all have neckbeards. I think it's only "most", not all. | |
| How do you introduce yourself at parties? | "Does anyone here know how to update my Groove subscription on my Zune?" |
| What OS are you using now? What's your favorite OS of all time? What's the worst OS of all time? What's the worst Microsoft OS (if different)? | The best OS of all time was Windows NT 4.0 with the Shell Update Release. |
| The worst OS of all time was the TRS-80 Model 1, Level 1 DOS that didn't have the keyboard debounce code in ROM yet so you couldn't even type on the thing. | |
| [deleted] | No, I never put a true easter egg in anything. Especially in an operating system, I don't believe in them. You have to be able to trust the OS, and I think it goes against that. |
| How did you get started in this specific field? | I first wandered into a Radio Shack store in about 1979 when I was 11, where I saw my very first computer. It was not connected yet, as the staff had not figured out how to set it up yet. Being somewhat precocious, I asked if I might play with it if I could manage to set it up. On a lark they said, “Sure kid, have a shot”, and ten minutes or so later I had it up and running. This endeared me to the manager, Brian, enough that every Thursday night and Saturday morning I would ride my bike down to the store: I’d type in my crude BASIC programs and they were kind enough to indulge my incessant free tinkering on their expensive computer. So that's pretty much how I started! |
| Do you ever have moments where you’re like “they have it so easy nowadays” or do you think that because of the groundwork put in place 30 years ago that systems have become exponentially more complex? | Only when someone spools up an entire docker instance to pipe something to it on the command line... then it's like "Really? You're basically booting a virtual computer as a command?" |
| What's the best C++ expert tip you can share for fellow programmers? | If you make anything in your class virtual, make the destructor virtual, particularly if there's any chance that anyone might delete an instance of your derived class through a base class pointer. Otherwise, the behavior is undefined, I think, but even if it works, it's not what you want! |
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| Wow this is eerie. I literally fixed a bug a couple weeks ago that was this specific case. | They can be weird bugs to track down, too! |
| Tabs or spaces? | Spaces on an indent of 4, tabs set to 8. |
| How can I open an MS Binder file? | Push down on the metal tabs at the top and bottom of the central spine of the binder. That will release the 3-hole punch claws, and then you can remove your printed file. |
| "It's now safe to turn off your computer" Why was this splash removed? | I think most current BIOSes can do it on their own by now! |
| Do you have any insight as to why MS decided to build Windows 95 from the ground up instead of building off of an existing *nix system the way Apple did with OSX? Was it just for backwards compatibility or were there other reasons? Also, had you gone this way, how do you think Windows, and the industry in general, might be different? I'm asking as someone who thinks that WSL is the best thing to happen to Windows in years. | Windows 95 was not built from the ground up, but NT was. The most succinct reason (and just a guess, I'm not a spokesman) is that even though MS had Xenix on hand, there were fundamental problems in the way Unix handled SMP multiprocessor locks and so on at the time. I presume these have long since been solved in Linux, etc, but not without significant work. |
| WSL is one of my favorite things too, but for the library of tools and software, it makes available to me, not because of some fundamental architectural superiority, I don't think! | |
| What are your feelings about "Microsoft Bob"? | https://youtu.be/rXHu9OmLd8Y |
| What did source control look like in the 90's? How did MS keep its code from leaking out to the public? How did you handle versioning and different developers working on the same feature? | We used a tool called SLM, or Source Library Manager. It was sort of available briefly as a product under the name Microsoft Delta. |
| It was OK for smaller teams but did not support branching, so just before I left we moved to Source Depot. | |
| Why was Ctrl + Alt + Delete changed to Ctrl + Shift + Escape? | It wasn't! Ctrl-Alt-Delete raises the "Secure Alert Sequence" which triggers the OS to switch to the secure desktop, where you have the ability to click a button which will start task manager upon return to your regular desktop. |
| Ctrl-Shift-Esc is a feature built into Winlogon that launches a TaskManager on the current desktop without switching to the secure desktop. | |
| There are theoretically hacks and exploits that can only be caught by switching to the secure desktop, so if you're ever in doubt, ctrl-alt-del is the more secure way to go. | |
| How did DOS ever get away with just pulling device names like "COM1" out of thin air when it came to output redirection etc..? | That's for compatibility with MS-DOS. |
| What are you currently working on? | Mostly on LED and Microcontroller projects that I detail on my YouTube channel, and the channel itself takes a fair bit of my time! If you're curious, you can check out my current successes and failure adventures at http://youtube.com/d/davesgarage |
| Did you work with Kris Hatleid on Super Hacker and the game Evolution? | I worked with Kris on an unreleased title called "Commander Video". That's largely where I learned assembly language, since he did the bulk of the coding, I watched and did level design, etc. 1982 or so I believe! |
| Got any dev back door mainframe access codes for pinball? | hidden test |
| Dave, how did you manage to do all that without being able to google everything? | That's one of the craziest things... I got a degree in computer science before you could even look anything up! |
| The hardest part was OLE2. Coming form a different platform (the Amiga) it was a monster to wrap my head around, and the book (Inside OLE2) was not the best for introducing devs to OLE. It scared me, and I sure could have used a YouTube tutorial or two! | |
| Hi Dave! So here's a bit of an odd one. I loved your Space Cadet Pinball! I must have spent countless hours on it as a kid, and even now I still occasionally try to find ways to boot it up. A legitimate classic. But lately, the version windows offers just... don't feel the same. They aren't as nice. Is there a game you can name that you would say feels like a worthy successor to Space Cadet Pinball? Or even any more general pinball games you would recommend? | I have a real Black Knight 2000 machine here in the house that I fully restored, so I'm a fan of physcial pinball as well! |
| I think the two best video games are (a) arcade Tempest, and (b) XBox Geometry Wars 3. | |
| GW3 is a classic, or should be! | |
| Woah woah woah, University of Regina?!? Are you from here? Cool to see a UofR grad had such a major impact! | Yup! Check out the regina sub for a recent article |
| When working on MS-DOS what did you think of alternatives such as 4DOS, NDOS or DR-DOS, were they source of inspiration for new features or not at all ? | No in general, but Norton had NCD. It was a change folder command that could jump around the disk, so if you typed "NCD drivers" from the root, it could go down to "C:\windows\system32\drives". Super handy. |
| So I tried to write one for NT, but it meant changing the working directory of the PARENT process (cmd.exe) and I could never figure out a clean and elegant way to do it without modifying CMD itself! | |
| Which is the best version of Windows? (Figuratively speaking). | Windows NT 4.0 |
![Passive income with poker bots [What I've learned so far]](https://b.thumbs.redditmedia.com/niJs48k_MmYFhZ6Ndhg1Yjgrqb7gue6H--fsbTqR3fE.jpg "Passive income with poker bots [What I've learned so far]") | For a while now I've been playing around with some different bots for playing online poker. Here are some of my results and things I've have learned so far. submitted by Yea_I_Reddit to passiveincome [link] [comments] Background - I have a fair amount of experience in playing poker. I've played many thousands of hands in cash games and participated in (and won) various multi tournament tables (Playing against 100s of people). So I come into this with some understanding of the basic math of poker decisions and different sorts of strategies. I know what sort of players are easy to beat and what ones are better to avoid and I know a bit about underlying concepts of 'Range analysis', 'pot odds' and 'calculating equity'. I know what all the different settings in a poker bot mean, it what I am trying to say here. Some basic logic for winning at poker - I'll keep things simple by using only cash games as the example here rather than tournaments that have more variables to contend with. All I want to do is explain how it makes sense you can have a bot that can make profitable decisions until the other players are able to work out the ways you exploit their game and then make adjustments (Many novice players will never make these adjustments). I'll keep the examples simplistic to avoid getting into dense maths or shop talk terms of poker players. Less experienced payers will make fundamental mistakes that mean you can (Both in theory and practice) create winning odds against them using simple maths. For example if there is $5 in the pot to be won and the other player will fold half the time if you bet $1 - this means you can risk $1 to win $5. There's a requirement for this to work 20% of the time. If the other player only continues (Stays in the pot and does not surrender it to you) when they are able to make a good hand the odds here are they are going to have to fold about 60% of the time. Giving three times the required odds. This is an exploitable leak in the player's game. Once the maths here are defined it make sense to bet the $1 every time this situation comes about. All of the information needed to define these odds come down to stats and maths, which can easily be done by a bot. A bot does it better than we can (Usually). It's hard to explain everything without getting into the shop talk of poker and deeper into the realms of probability and expectation but there are things that can be fairly sure assumptions that can be learned from a player's stats. For example if they play 80% of hands they must play a wide range that involves a lot of crappy hands. If they play 20% of hands they play a tight range of the best hands. From this it can be known that if we bet against the player playing only 20% of hands most of the time they will fold an let us have the pot easily (And beware if they play back at you, they have something). The player playing 80% of hands we can assume often has a weak hand and we can use this information to bully them off the hand cheap (Like in the $5 example above). Some results - Firstly I ran the bots I found in ash games where the maximum buy in was $2. So my risk is tiny and I am playing against low quality players (Mostly). I let them play a lot of hands and I ran a poker tracker ('HUD') to track all the decisions the bot made. I was looking to see if the bot could make a winning edge against the other players. If it makes money or not is not as important as if it did the correct thing. For example if you risk $10 on a roll of a dice and you either lose the $10 or you win $10 if you pick the right number, this is a bad bet. Winning it does not make it a good bet, it was just lucky. The same the other way, if you can risk $10 to win $100, it is now a good bet. The term used for this in speculating is 'Positive expectation value' (+EV). I found when running on cash games the bots could produce a verifiable +EV against the right sort of players. I then moved onto multi table tournaments (MMT). These are harder games but a lot more can be won in them. I played these on three of the popular poker sites. Here were my results. Effort one - https://preview.redd.it/20y0d5b2jxr51.png?width=630&format=png&auto=webp&s=af5e9cfbfd2ba81cd5ee750e6d4abe63e0aa34f3 Break-even results for a while. A big win and then lots of little losses taking it back to even. Not profitable, but encouraging enough to continue. Effort two - https://preview.redd.it/nuv2svxajxr51.png?width=646&format=png&auto=webp&s=0b52a12fe67df94865cfdbdf2a0d1c7d38fe0f21 Losing start but then a few good wins. There were then losses but the slope of the drop in profit is not as deep and this one was overall profitable. Effort three - https://preview.redd.it/ordcmp5njxr51.png?width=661&format=png&auto=webp&s=c6a423afb25c757250ffd588594523788f608e8c Boom! Got it. Over 2,000 games it was highly profitable. No big drop off in profits during times it was not winning. My average ROI on a dollar spent here is close to 40%. Next steps - Now I have proof of concept I'm going to put a bit more effort into this. Research more into different games offered by different sites Learn more about the sites rules regarding bots (Not all of them like it) and work on further optimising the strategies for these (By putting more work into the settings to use and game types for them). I am willing to share my findings on what bots are the best, which rooms to use them in and how to best pick strategy rules to play against the games than can be beaten but the nature of it makes it something that can be shared a finite number of times. I can do it for about 10 - 20 people and it should still work. If I did it for 10,000, it'd probably not work anymore. DM me if this is something you'd be interested in getting updates on. I'll do it with a limited number of people on the basis of I'll share my work on strategy an optimisation with you if you share your results with me (So I can use the data to learn more about how different tweaks in strategies perform). |
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A list of promotions isn’t available, and the casino was somewhat challenging. All of the games are grouped together in one area. You can isolate new games and jackpots but, whereas the full website has top-notch filtering, everything is combined on smartphones and tablets. It was surprising that the casino didn’t even separate out table games from slots and video poker. Fortunately, the mobile casino provides an option to pull up the regular website. You won’t then have the best mobile translation of the games, but you will have the ability to get to the promotions and to isolate some gaming possibilities.Deposit FeesThis banking requirement came as another surprise to me. It’s extremely rare that a gambling site charge deposit fees unless it’s targeting Americans who don’t have much of choice in the matter. While there aren’t fees imposed for every option, bank transfers, Paysafecards, and Skrill will cost you 5% of your total deposit. Two free payouts per month are available, and then subsequent ones come with a €5 fee each.SportsbookThe ComeOn! sportsbook is one of the more conveniently laid out books that I’ve come across, especially for new and recreational punters regardless of being on the full site or mobile. Across the top link bar of the sports betting section you have access to live betting, today’s events, and also results. It’s rarer than you might think to have a site that gives you the results of your bets, so it’s nice to be able to find all of that here without having to go to the news or a sports site to get that information if you happen to miss watching your game.The results section allows you to filter by sport, and what time the game or event was (last 24 hours, last 48 hours, last 4 days, or last 7 days). Along the right-hand side of all the pages in the sportsbook section, you can see live scores of popular games in progress. It’s nice to see an online sportsbook doing a little reporting instead of just taking bets and expecting you to go somewhere else for your results and updates. While most of you will be watching the games you’ve bet, it’s still a nice perk in case you get pulled away for something and have to miss the game. With 30+ sports to choose from, you should have no problem getting action on your favorite game. They have all the major sports that you’d expect to see with a quality sportsbook and also some less popular sports like bandy, darts, sailing, and table tennis. We aren’t saying these sports aren’t popular (and awesome), we’re just saying it’s rare to see them on a sports betting site these days. Football matches, especially in England, offer more than 100 markets each and cover everything from Premier League, to Isthmian Premiere and Super League Women. ComeOn! has a ton of specials bets for you to choose from that include politics, Christmas specials, and even the BBC Sports Personality of the Year. This book really gives you the ability to bet on anything that you want. The minimum bet is just 40p, and this bookmaker does impose a £100,000 daily maximum win rule. So, if you’re a higher stakes bettor, grab your calculator and do the math first. That way you don’t lose out on anything above that mark. The interface of the betting section is clean and easy to find the bets you are looking for. When you select a bet, it automatically pops over onto a slip on the right-hand side of the screen. From there, you can input your bet amount, and the program will automatically tell you how much you should expect to get back with a correct pick. You can type in your bet amount or click a plus or minus sign to jump up in convenient increments ($5, $10, $25, $50, $100, etc.). This is nice if you’re looking to get a quick bet in. You can easily add multiple bets to your tickets to create parlays. When you create a parlay with ComeOn! they give you some bonus odds that are a few more percentage points in your favor. It looks like the more teams that you add to a parlay, the higher percentage bonus odds you will receive. This can be anywhere from 1% all the way up to 50% depending on your tickets. With three bets, we got an additional 5% in bonus odds for our bet. One other feature that ComeOn! has that we feel should be industry standard but is not is the ability to switch all of the odds on the site between decimal, fractional, and American. This makes things easy for you in case you like to use a format over another. Some sportsbooks in today’s world still don’t have the ability for you to do this or force you to do it individually for each bet you’re making. Big props to ComeOn! for taking care of this one. Overall, we were big fans of the sportsbook here. It was clean, well laid out, and had an enormous number of betting options to choose from. Their less popular sporting options and crazy specials bets were fantastic to see and not something that you’re going to get with just any book on the web. If you’re looking for a new sports betting home, this could be a slam dunk for you. >> Claim Free Spins Here << ComeOn Casino Game SelectionThe casino offers over 2,000 games combined in the regular and live dealer areas. Just as with most sites, slots are the primary focus, and ComeOn! provides 1,000 different ones from which to select. If you’re an avid slot player, you’ll recognize most of the names but, there could be a few mixed in to surprise you.What I liked most about this casino are the extended sorting features. The jackpot games are in one section, but you can also search per name or filer them by the software company or via game bundle like “high stakes” or “classics.” Below every game, there’s also a highlighted feature to help you pick the best one for you. It’ll say if there are sticky wilds, win both ways, the amount of the multiplier, high paying, multiple jackpots, 3D graphics, etc. I think those designations not only help new players but the experienced ones as well, find a new game based on what they enjoy most about slot play. ComeOn Mobile CasinoJust over 400 of the 558 total games are transferred over for playing on the go, but they can be challenging to locate. The mobile casino offers large, colorful graphics, but you have to comb through hundreds of gaming options to narrow down your choices.PLEASE NOTE Oddly enough, there isn’t a separate section for slots, table games, and video poker. They’re all combined. You can access the ten-game jackpot section, but everything else is a mish-mash. ComeOn Sportsbook PromotionsUsually, I find that gaming sites emphasize promotions for casino players and leave sports bettors pretty much out in the cold. However, on this site, you’ll see more rewards for sports punters.There’s a Free Bet Club as well as ever-changing offers that are posted on the main sportsbook page. Sports bettors are also included in the welcome bonus and limited time promotions. They also have enhanced odds specials to boost the value of the betting experience with comeon.com. >> Claim Free Spins Here << ComeOn BankingWhen it comes to banking for ComeOn’s customers, there are plenty of options, especially for UK residents. What I was surprised to find, though, was a fee assessed to a few of the deposit methods. Paysafecard is one of them and it doesn’t make sense as to why any charge would be incurred. It’s a prepaid method so, essentially, the player is transferring in cash.The minimums are low, though, so recreational players will be pleased. If you’re looking to deposit the highest amount, you’ll need to opt for a Neteller or Skrill transfer. I would recommend Neteller as it provides for a £8000 deposit and no fees are assessed. There isn’t a bitcoin option, but Apple Pay is one of the accepted payments, and it’s not always easy to find a site that takes it. Deposit MethodsRegardless of which financial option is selected, the funds should be immediately available to you in your betting account.
Withdrawal MethodsWithdrawals are processed internally within 24 hours, which is relatively fast. I read through some player forums, and most people backed up that 24-hour window. However, the money will only be in your hands within that period if you opted for Neteller or Skrill as your deposit method.Your payout uses the same system as for deposits and opting for these e-wallets eliminates a lengthy external processing. Regarding fees for payouts, if you do a quick glance at the information table, you won’t see any listed. However, I did note that in a separate area comeon.com publicizes that only two free withdrawals are allowed for every 30 days. After that, there is a €5 charge for all subsequent cash outs.
Customer ServiceThe customer service department is reachable by live chat or email only. There isn’t a posted email address. You will need to use their prepared form if you don’t like the chat option.As a tip, though, there are some great FAQs hidden in the help area. I searched to find these and came up empty until I clicked the tiny little green question mark on the right side of the screen that I thought would initiate a chat. Instead, I found a comprehensive help section tucked in there including all of the banking information that I previously couldn’t locate either. So, your questions may be answered just by reviewing that information. But, if you do need to get one-on-one assistance, the service agents are known to be fast responding, courteous, and very helpful. |
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