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|GUANGZHOU， China， June 9 (Xinhua) -- Two-time Asian champions Guangzhou Evergrande Taobao has been told to pay a Chinese-Japanese joint venture 24，778，645 yuan (3.8 million US dollars) in damages for changing their kit in the 2015 AFC Champions League final.
Evergrande said on Wednesday that they had received the ruling by Guangzhou Huadu District People's Court on June 7.
Wuhan-based Dongfeng Nissan， which paid more than 100 million yuan (16 million) for the 2014-2015 rights to Evergrande's apparel， launched legal action against the club for changing their shirts for the second leg of the 2015 final in which Everngrande beat Al Ahli of the UAE 1-0.
The official red shirts were emblazoned with Dongfeng Nissan's name in Chinese， along with a car model number.
But when the team took to the field， the ad on the shirts was changed to the Chinese name of Evergrande Life， an insurance company affiliated to Evergrande.
SEOUL， May 24 (Xinhua) -- The Democratic People's Republic of Korea (DPRK) offered again to South Korea holding a working-level contact for inter-governmental military talks， Seoul's defense ministry said Tuesday.
A South Korean defense ministry official told Xinhua via phone that the DPRK sent a notice at about 5:40 p.m. (0840 GMT) through the western military hotline in the name of the Ministry of the People's Armed Forces under the National Defense Commission.
The Tuesday notice repeated what Pyongyang demanded through a notice， sent on May 21 by the DPRK's defense ministry to propose a working-level contact for inter-governmental military talks at a convenient venue and date for both sides between late May and early June to defuse military tensions on the peninsula.
Sports arbitrage trading is one of the hottest things out there today in the money-making scene in the Internet. There are the HYIPs and the autosurf programs Jakub Vrana Jersey , but all of these things are very high risk endeavors. Sports arbitrage trading offers risk-free profits through sports betting.
Arbitrage in general has been used in economics for a long time. In the world of economics, the word "arbitrage" is in reference to the practice of getting advantage through a state of imbalance in between two or more than two markets. Arbitrage is all about taking advantage of the market imbalance that is created. The person who is involved in arbitrage is called arbitrageur. Arbitrage trading is actually done in trading financial instruments like stocks, derivatives Evgeny Kuznetsov Jersey Sale , bonds and currencies.
What is sports arbitrage?
Sports arbitrage is possible when there is discrepancy between the prices that would allow those who are betting to bet on different players or teams and still recover the money that they invested and make money out of the transaction. To be able to make money out of sports arbitrage trading, one must be able to bet in more than one bookmaker. Of course, if a person would bet on the different teams with the same bookmaker T. J. Oshie Jersey Sale , he would not be making any money at all and he would end up losing the amount that he bet on the losing side.
The basics of arbitrage trading tells us that the price difference between bookmakers will make it possible for people to make money out of betting for two opposite sides of a bet. The different bookmakers create different odds for different sporting events. The secret in arbitrage is to exploit these so called loopholes and spot them like an eagle spotting its prey. Bookmakers are careful not to give such opportunities to the betters, however, because of the diversity and the numerous sporting events today Nicklas Backstrom Jersey Sale , the loopholes or what we might call as investment opportunities are always out there, week by week, day by day.
Is sports arbitrage trading really zero-risk? This may be the claim of many people out there Alex Ovechkin Jersey Sale , especially in the Internet, to be able to attract people to joing their so-called pools and groups. If this is so, then Evgeny Kuznetsov Capitals Jersey , the ultimate financial solution has already been found. This is the holy grail, the ultimate investment. But really, what are the risks that are associated to arbitrage sports trading? The first and foremost thing to consider in sports arbitrage trading is the stake size of the bet. Most of the opportunities out there are only good for a few percent. The problem comes if the bookmaker imposes a certain maximum for a certain bet. Another thing to consider is the costs of withdrawing and depositing to these so-called betting accounts. The additional costs that these activities generate are usually 1 to 5 percent of the total money size that is to be deposited or withdrawn. Another problem may arise from the use of a single currency in accepting bets. This is usually avoided if a better goes to the big time book makers. The postponement of sporting events may also post risks.
There are a lot of risks that are associated with sports arbitrage trading T. J. Oshie Capitals Jersey , however, it is possible to earn from the transaction. It is indeed comparable to the holy grail but there are certain factors that need to be taken cared of first to be able to generate money out of this endeavor.
The late Israel Epstein Photo: Courtesy of the Oriental Publishing Center
When Woman in World History, the biography about legendary Chinese female figure Soong Ching-ling (1893-1981) was published in 1992 Nicklas Backstrom Capitals Jersey , many couldn't help but wonder at the name of the author behind this 10-year-long work: Israel Epstein (1915-2005), the famous international journalist and author who was born in Poland and later became a Chinese citizen in 1957.
Why Epstein? What was the relationship between the two? As the biography was translated into different languages over the years, an increasing number of people have become interested in how the biography came about.
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