After spending even more time thinking about the ability to call my past self, I started to wonder how much money I could have made. I figure the most money I could muster at 15 would be 100 bucks, but the bigger problem would be finding a degenerate to place the bet for me. I also had to make some assumptions on odds since I couldn't find historical odds. Based on current odds for 2010, I estimate that the average eventual champion would be about 8-1 at the beginning of the year. So assuming that I could find a gambling fiend to place my bets while still underage, here's the payout:
1994: $100 bet at 8-1 = $900 (800 from the bet, plus the original 100 I bet); pay degenerate $100, save 300 since I may not fully trust my future self yet.
1995: $500 at 8-1 = 4500; pay degenerate 200; save 1000 (1300 total)
1996: $3000 at 8-1 = $27,000; pay degenerate 500; save 6500 (8800 total)
1997: $20,000 at 8-1 = $180,000; pay degenerate 5000; save 25,000 (33,800 total)
1998: $150,000 at 8-1 = 1,350,000; no longer pay degenerate since I am of legal age to bet; save 550,000 (583,800 total, which is now in a money market earning interest to pay my living expenses)
1999: 800,000 at 8-1 = 6,400,000; save 4.4 million;
at this point, I am not sure if a casino will allow you to book a bet for more than 1 million, so 2000-2004 is as follows:
2000-2004: 1,000,000 at 8-1= 9,000,000; save 8 million for google fund;
So in 2004 when Google IPO's I have 40 million to invest at the price of $85, which equals 470,000 shares. Let's say I am a coward and sell when it hits 600, I would now have 282 Million from google, plus a guaranteed 9 million until 2009 from the hoops bets. I'm pretty sure I could live comfortably on that.
At that point I would have no need to gamble anymore. So if someone out there can bend the laws of time and physics let me know. We could be really rich.
Friday, January 15, 2010
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You'd also have a hotter wife.
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