Sports Investing vs. Sports Betting – $11,434,995.24 in the First 23 Weeks vs. $0.00

March 18, 2015 in public

(credit to: http://finance.yahoo.com/news/sports-investing-vs-sports-betting-124000035.html)

“There is simply no way the leagues could ask for a percentage piece of gambling revenue…” – Jeff Ma

 

LOS ANGELES, March 18, 2015 /PRNewswire/ — With just over 23 weeks of public operation, AllSportsMarket (ASM) reports $11,434,995.24 in IPO revenues across the NFL, MLB, NBA and NHL sectors. Baseball opened trading Saturday March 7, 2015, ending the day with a record total market volume of 250,920 shares traded.

Ace Underhill - AllSportsMarket (ASM) Creator

Ace Underhill – AllSportsMarket (ASM) Creator

“The overwhelming response to our MLB IPO shows again just how much fantasy players as well as casual fans enjoy trading teams on AllSportsMarket. Splitting our revenues 50/50 with the league charities now opens the door to lucrative partnerships that benefit not only the teams but the fans as well. I can’t wait for the day we get to see the ASM ticker symbol on every jersey, on every field.” says Ace Underhill, ASM “Creator.”

Bernie Nicholls continues “It’s great to be able to give back and when you get a chance to give to the sports and leagues that make the world of sports what they are, it’s a great feeling. As an ex pro athlete, giving back is something that needs to be done and the fact that our company is in a position to share revenues with the league charities is something that we had to do.”

On Feb. 26, 2015, Jeff Ma wrote on ESPN.com “There is simply no way the leagues could ask for a percentage piece of gambling revenue, as this would result in a huge conflict of interest. In addition, asking for a percentage based on the overall handle (total amount wagered) will cut into the margin of the sports books too significantly.”

There is a better way: The sports leagues can have the best of both worlds by embracing the concept of a “sports stock market” that will give them the revenue they are seeking without creating a massive disconnect with their fans. The world of sports investing is one well worth consideration and it is the future of fan engagement. As the old saying goes “What happens in Vegas, stays in Vegas!” Regulated sports betting is just one of the many things that should stay there. Real money sports team investing is not here just yet… but it will become a reality with public support. You can test drive the free market at http://AllSportsMarket.com/(follow #SportsFolio) and sign the online petition at http://TheSportsVote.com/(follow #TheSportsVote)

AllSportsMarket (ASM) is the World’s First Sports Stock Market trading your favorite teams around the clock with dividends paid on every win. Sports traders around  the world compete to earn cash and win prizes. ASM is operated by The New Sports Economy Institute, a 501(c)(3) nonprofit organization established to teach finance through sports. Bernie Nicholls is ASM’s spokesman and sports industry liaison. Bernie was an explosive scorer who accumulated over 1,200 career points while playing for six NHL teams. Recently, Bernie helped coach the Los Angeles Kings to their first Stanley Cup ever in their 48-year history. Ace Underhill is the sole technical architect and creator with over 15 years’ experience working in movies, television and music videos with such luminaries as Snoop Dogg, Coldplay, Rihanna, Foo Fighters, Ariana Grande, Eddie Murphy, Christopher Titus and other top personalities worldwide. For more information, visit: http://AllSportsMarket.com. ASM Free! is available now for nearly all platforms worldwide including  Apple, Android, BlackBerry, tablets, notebooks and desktop computers. The DeLorean Time Machine, hand-built in California, will be given away on Back to the Future Day, Oct. 21, 2015, in Hollywood. Sign up using the referral code “DELOREAN” for a special bonus and be sure to stop by the forums and chat.

Contact:
Jason Henry  – AllSportsMarket (ASM) Media Relations
iPhone (705) 772-7066 or Email
http://AllSportsMarket.com/

Cameron Wynne
DeLorean Motor Company California
(714) 842-0040 or Email
http://DeLorean.com/

 

Sports Investing vs. Sports Betting – Baseball Goes Public & The “Back From The Futures” DeLorean Time Machine

March 5, 2015 in public

(credit to: http://www.reuters.com/article/2015/03/05/ca-all-sports-market-idUSnPn67NRbg+8c+PRN20150305)

Baseball IPO Marks the Official Start of TheSportsVote Public Awareness Campaign

LOS ANGELES, March 5, 2015 /PRNewswire/ — On Saturday March 7, 2015, at 12:01 A.M.U.S. P.S.T., AllSportsMarket (ASM) will release all 30 baseball teams for trading. “Creator”Ace Underhill provides the details: “Prices will range from $2.50 – $9.75 per share. Float is 100,000 shares per team. Because MLB has so many games per season we have adjusted the Dividends… The Dividend Transfer from the losing team to the winning team is 10%. The Dividend Payout to the shareholders of the winning team is 5%.”

DeLorean Time Machine - Winner on Back to the Future Day (10.21.15)

DeLorean Time Machine – Winner on Back to the Future Day (10.21.15)

Bernie Nicholls says, “With a 162 game season, I believe that baseball will be one of the most exciting sports to trade on the sports stock market. I had a friend recently say he was becoming a ‘game day trader’ which I thought was awesome. I mentioned to him thatSaturday, March 7 MLB would be released on the market and that if he thought trading NBA, NHL and NFL daily was fun, just wait for MLB. Opening day of baseball season is such a pure thing. In every park it’s a little different, but in each person in the great country which is the USA, we all appreciate opening day for one reason or another. It’s something that we can’t ignore, and something that I personally look forward to every year.”

The baseball IPO marks the official start of the “Back From The Futures” public awareness campaign to sound the alarm on the stark contrast in the futures being offered in the sports investing vs. sports gambling debate. A DeLorean Time Machine, hand-built in California, will be given away on Back to the Future Day, Oct. 21, 2015 in Hollywood. Details to follow soon. Ace, the Creator of ASM, says: “The DeLorean has always been one of my favorite cars and it plays an important role in the history of ASM. It’s only fitting to celebrate Back to the Future Day by giving away a DeLorean Time Machine to a lucky sports trader.”

There is a better way: The NBA and every other sports league can have the best of both worlds by embracing the concept of a “sports stock market” that will give them the revenue they are seeking without creating a massive disconnect with their fans. The world of sports investing is one well worth consideration and it is the future of fan engagement. As the old saying goes “What happens in Vegas, stays in Vegas!” Regulated sports betting is just one of the many things that should stay there. Real money sports team investing is not here just yet… but it will become a reality with public support. You can test drive the free market athttp://AllSportsMarket.com/(follow #SportsFolio) and sign the online petition athttp://www.TheSportsVote.com (follow #TheSportsVote).

AllSportsMarket (ASM) is the World’s First Sports Stock Market where you trade your favorite sports teams with dividends paid on every win! Sports traders around the world compete to earn cash and win prizes. ASM is operated by The New Sports EconomyInstitute, a 501(c)(3) nonprofit organization established to teach finance through sports.Bernie Nicholls is ASM’s spokesman and sports industry liaison. Bernie was an explosive scorer who accumulated over 1,200 career points while playing for six NHL teams. Recently, Bernie helped coach the Los Angeles Kings to their first Stanley Cup ever in their 48 year history. Ace Underhill is the sole technical architect and creator with over 15 years’ experience working in movies, television and music videos with such luminaries as Snoop Dogg, Coldplay, Rihanna, Foo Fighters, Ariana Grande, Eddie Murphy, Christopher Titus and other top personalities worldwide. For more information, visit:http://AllSportsMarket.com. ASM Free! is available now for nearly all platforms worldwide including Apple, Android, BlackBerry, tablets, notebooks and desktop computers. Sign up using the referral code “DELOREAN” for a special bonus and be sure to stop by the forums and chat.

Contact:
Jason Henry  – AllSportsMarket (ASM) Media Relations
iPhone (705) 772-7066 or Email
http://AllSportsMarket.com/

Stephen Wynne or James Espey
DeLorean Motor Company
(281) 441-2537 or Email
http://DeLorean.com/

 

Sports Investing vs. Sports Betting – AllSportsMarket Begins Publishing Free Real-Time Market Data

February 17, 2015 in public

(credit to: http://finance.yahoo.com/news/sports-investing-vs-sports-betting-133000249.html)

NHL Legend Bernie Nicholls says: “The information that is available from our sports stock market is really something…”

 

LOS ANGELES, Feb. 17, 2015 /PRNewswire/ — The battle for the hearts, souls and wallets of sports fans is heating up with the NBA leading the charge. Most recently, Michele Roberts of the NBA Players Association joined the chorus alongside NBA Commissioner Adam Silver, MLB Commissioner Rob Manfred, former NBA Commissioner David Stern, NBA team owner Mark Cuban, New Jersey Governor Chris Christie, Senator John McCain and former NBA player Charles Barkley publicly supporting serious consideration of official league sanctioned sports gambling. The Sports Gaming Opportunity Act of 2015 was introduced in the U.S. House of Representatives January 20, 2015, less than a month ago. There are many very serious issues for the public to decide concerning this matter and one of these is the value of sports betting line information.

Bernie Nicholls Trades the Los Angeles Kings on AllSportsMarket

Bernie Nicholls Trades the Los Angeles Kings on AllSportsMarket

Los Angeles Kings Public Data on AllSportsMarket

Los Angeles Kings Public Data on AllSportsMarket

 

Sports betting lines provide no useful information outside the gambling realm with no unbiased and respected studies proving otherwise. It is widely held that financial market information provides valuable insight and intelligence to the public at large regardless of their direct participation in the markets themselves. The best examples are public company stock prices which greatly influence decisions on business and personal levels. A consumer may decide whether or not to purchase a product based upon that company’s stock price and trends. Sports markets are no different. AllSportsMarket is now publishing real-time sports market data on all NFL, NBA and NHL teams to coincide with the largest single day of trading: Feb. 12, 2015 – 56,042 sports team shares traded

NHL Superstar Bernie Nicholls says: “The new sports stock market data available online is great. If you are into trading stocks or just looking for a new way to follow your team, the information that is available from our sports stock market is really something you need to see. The fact the data is available in chart form really brings the data to life and makes it really easy to understand; even for someone seeing the information for the first time.”

“Publishing this never-before-available data about your favorite Sports Teams marks the start of AllSportsMarket providing detailed & transparent Team analysis and statistics, including pricing, performance, news and copious other metrics… and it’s all free to the fans. No signup or login required,” says Ace Underhill, ASM’s sole technical architect and creator. He continues: “Although we designed the presentation of the data to assist the savvy sports investor, this new information is also a digital goldmine for daily fantasy sports players.”

There is a better way: The NBA and every other sports league can have the best of both worlds by embracing the concept of a “sports stock market” that will give them the revenue they are seeking without creating a massive disconnect with their fans. The world of sports investing is one well worth consideration and it is the future of fan engagement. As the old saying goes “What happens in Vegas, stays in Vegas!” Regulated sports betting is just one of the many things that should stay there. Real money sports team investing is not here just yet… but it will become a reality with your help. You can test drive the free market at http://AllSportsMarket.com/(follow #SportsFolio) and sign the online petition at http://www.TheSportsVote.com (follow #TheSportsVote)

AllSportsMarket (ASM) is the World’s First Sports Stock Market where you trade your favorite sports teams with dividends paid on every win! Sports traders around the world compete to earn cash and win prizes. ASM is operated by The New Sports Economy Institute, a 501(c)(3) nonprofit organization established to teach finance through sports. Bernie Nicholls is ASM’s spokesman and sports industry liaison. Bernie was an explosive scorer who accumulated over 1,200 career points while playing for six NHL teams. Recently, Bernie helped coach the Los Angeles Kings to their first Stanley Cup ever in their 48 year history. Ace Underhill is the sole technical architect and creator with over 15 years’ experience working in movies, television and music videos with such luminaries as Snoop Dogg, Coldplay, Rihanna, Foo Fighters, Ariana Grande, Eddie Murphy, Christopher Titus and other top personalities worldwide. For more information, visit: http://AllSportsMarket.com. ASM Free! is available now for nearly all platforms worldwide including  Apple, Android, BlackBerry, tablets, notebooks and desktop computers. Sign up using the referral code “BERNIE” for a special bonus and be sure to stop by the forums and chat with him!

Contact:
Jason Henry  – AllSportsMarket (ASM) Media Relations
iPhone (705) 772-7066 or Email
http://AllSportsMarket.com/

 

Sports Investing vs. Sports Betting – The Epic Battle for $400 Billion Per Year

January 29, 2015 in public

NHL Superstar Bernie Nicholls says: “I mean seriously, is there even an argument… ?”

 

(credit to: https://finance.yahoo.com/news/sports-investing-vs-sports-betting-133500579.html)

LOS ANGELES, Jan. 29, 2015 /PRNewswire/ — NBA Commissioner Adam Silver, former NBA Commissioner David Stern and Mavericks owner Mark Cuban made it very clear they support legal sports gambling. While not explicitly stating it, revenue is undoubtedly the main driver for this awful idea. The leagues have the right to make more money but the problem is that it is illegal in most of the country. Why the NBA or any sports league would want to expend the enormous effort to change laws, only to face rabid fans who lose their shirts over the course of a few weeks or even days because their favorite team went on a losing streak is beyond fathomable… until you consider the money.

NHL Superstar Bernie Nicholls says: “Fans get over player trades, strikes and lockouts, but when you start to enable those fans with regulated sports betting, you are opening up a box that will end up causing leagues to lose fans, not gain them.”

There is a better way: The NBA and every other sports league can have the best of both worlds by embracing the concept of a “sports stock market” that will give them the revenue they are seeking without creating a massive disconnect with their fans. The world of sports investing is one well worth consideration and it is the future of fan engagement.

As with any investment, the term is part of the strategy. With sports stocks, performance can be gauged over a week, month or even years. Sports fans and the public in general can apply their knowledge and passion for sports into trading teams in a market environment. Sports traders grow in their understanding of finance, which will benefit them throughout their lifetime. Conversely, a debt with a bookie only benefits the bookie and the house always comes out on top in the end. Sports betting is a quick fix, a onetime hit which is a boom or bust scenario every time a bet is placed. There is a reason sports betting has been kept in confined areas of the country. That says nothing of the social damages inflicted on the gambler and society as a whole. Gambling is a vice… period.

Nicholls continues, “Betting on sports and gambling are things that are shiny on the outside, but are dark and dreary on the inside. No family wants to have a casino built in their backyard. Why would these same families want regulated sports betting at their doorstep, potentially affecting the lives of the people they care about? Regulated sports betting makes no sense to me.” He added, “I mean seriously, is there even an argument when considering sports betting vs. sports investing? I don’t think there is, but I’m just one person. It is going to take some people to help get the word out on sports investing, but I know they are out there and I know they will assist in any way they can.”

As the old saying goes “What happens in Vegas, stays in Vegas!” Regulated sports betting is just one of the many things that should stay there. Real money sports team investing is not here just yet… but it will become a reality with your help. You can test drive the free market athttp://www.ASMFree.com/ (follow #SportsFolio) and sign the online petition athttp://www.TheSportsVote.com (follow #TheSportsVote)

AllSportsMarket (ASM) is operated by The New Sports Economy Institute, a 501(c)(3) nonprofit organization established to teach finance through sports. Bernie Nicholls is ASM’s spokesman and sports industry liaison. Bernie was an explosive scorer who accumulated over 1,200 career points while playing for six NHL teams. Recently, Bernie helped coach the L.A. Kings to their first Stanley Cup ever in their 48-year history. For more information and to enter the 2015 AllSportsMarket Web App Super Bowl Challenge for FREE!, visit: http://www.ASMFree.com and click the orange Web App icon beneath the Apple download button. ASM Free! is available now for Apple and will be accessible by nearly all other platforms worldwide including  Android, BlackBerry, tablets, laptops and desktop computers this Sunday – Feb. 1, 2015.

Contact:
Jason Henry – AllSportsMarket (ASM) Media Relations
iPhone (705) 772-7066 or Email
http://www.ASMFree.com

 

$11,129,438.24 Trade Volume by AllSportsMarket Through 1,009,273 Shares – Up 255.79% in 11 Weeks

January 14, 2015 in public

(credit to: https://finance.yahoo.com/news/11-129-438-24-trade-134500194.html)

NHL Legend Bernie Nicholls says: “David Stern, Adam Silver and Mark Cuban should see this…”

 

LOS ANGELES, Jan. 14, 2015 /PRNewswire/ — AllSportsMarket (ASM), the World’s First Sports Stock Market, traded 1,009,273 shares in the first 15 weeks of public market operation across the NFL, NHL and NBA sports team trading markets. This represents a total trading volume of $11,129,438.24. The value of the entire market now stands at $22,743,150 with $1,777,352.06 in dividend reserves available to sports traders.

Over the past several weeks, NBA Commissioner Adam Silver and Dallas Mavericks owner, Mark Cuban have come out publicly in support of legalized sports gambling. A few days ago, former NBA Commissioner David Stern joined the chorus on CNBC‘s Squawk Box: “I think I agree with Adam. Once daily fantasy became an acceptable exception to the law against gambling, I think that’s gambling, so now I think the best approach would be, as Adam Silver has advocated, is for there to be federal regulation. Bring the sports leagues in. If it’s going to happen, because it has happened anyway by Justice Department rulings and the like, you should make it legal and you should regulate it as tightly as you possibly can.”

NHL Legend Bernie Nicholls says: “David Stern, Adam Silver and Mark Cuban should see this… what we have in the works here is something that can be looked at as both a safe alternative to gambling and a revenue stream for the leagues. If this isn’t a win-win for everyone, including the fans, then I don’t know what is.”

AllSportsMarket (ASM) is operated by The New Sports Economy Institute, a 501(c)(3) nonprofit organization established to teach finance through sports. Bernie Nicholls is ASM’s spokesman and sports industry liaison. Bernie was an explosive scorer who accumulated over 1,200 career points while playing for six NHL teams. Recently, Bernie helped coach the L.A. Kings to their first Stanley Cup ever in their 48 year history. For more information and to enter the 2015 AllSportsMarket Web App Super Bowl Challenge for FREE!, visit: http://www.ASMFree.com and click the orange Web App icon beneath the Apple download button.

Contact:
Jason Henry – AllSportsMarket (ASM) Media Relations
iPhone (705) 772-7066 or Email
http://www.ASMFree.com

 

AllSportsMarket On NBA Commissioner Adam Silver And NBA Owner Mark Cuban’s Risky 2015 New Year Resolution

January 2, 2015 in public

NHL Legend, Bernie Nicholls says: “I really can’t believe they would want to put America at risk like that.”

(credit to: http://finance.yahoo.com/news/allsportsmarket-nba-commissioner-adam-silver-144500815.html)

LOS ANGELES, Jan. 2, 2015 /PRNewswire/ — THE FOLLOWING IS A STATEMENT FROM ALLSPORTSMARKET:

DraftKings and FanDuel signed deals with the NHL and NBA, respectively. Adam Silver, the NBA commissioner, wrote in The New York Times in support of legalization of sports betting. Mark Cuban, the Dallas Mavericks owner, supported it and said a federal law change is the way. Recently, Adam Silver made another move and offered Chris Christie, the Governor of New Jersey and potential 2016 presidential candidate, to join him in lobbying Congress to re-write the federal laws on sports betting.

All these roads lead to the same destination: DISASTER FOR OUR NATION.

Legalized sports betting will erode middle class wealth further, destroy our values, and totally jeopardize the integrity of the game. Gary Bettman, the NHL commissioner, summed it up perfectly: “Do you want people rooting for the spread or rooting for their favorite team?”

NHL Legend, Bernie Nicholls says: “The thought of risking the purity of a game, in any sport, I think is the breaking point for me. When I heard Mark Cuban’s remarks on legalizing betting, I really couldn’t believe he would want to put America at risk like that.  The big problem, outside of the middle class betting away their lives, is the integrity of the game, which can be questioned for any reason when a team loses. I know NBA Commissioner Adam Silver is on the same side as Mr. Cuban, which to me isn’t right. As an athlete, I worked my tail off night in and night out and if fans, family, friends, whoever had of ever questioned if I took a night off I would have been extremely insulted and hurt. Why would athletes want to open themselves up to this?”

While Silver’s sports betting proposal still has formidable opposition, sitting on the sidelines is a huge mistake. Any one league may join Adam Silver, tilting the balance toward sport betting, or a potential downturn in the economy may make the states more desperate for gambling revenues. 2015 is THE critical year where our nation will be forced to make a choice to allow sports betting or opt for a much better path: AllSportsMarket (ASM).

The Appetite for Sports Trading

There is a pervasive myth, believed by many, including Adam Silver: that there is an obvious appetite among sports fans to wager on sporting events. Sports fans are passionate and they will consume whatever opportunities exist. Most only know sports betting, but daily fantasy, which is legal, already captured a lot of interest in a few years. The logical next step is a stock market environment with similar benefits: raising capital for leagues/teams through revenue sharing, a secondary market that creates a price for each sports team, and an alternative asset that will have a place in any investor’s portfolio.

Integrity & Fan Experience

In AllSportsMarket, the buy-sell decisions mirror how a fan consumes sports: you can root for your team, or against other teams. There are no spreads, over-under or any other artificial parameters. Game-fixing is not an issue because it doesn’t make sense to fix games for pennies. AllSportsMarket lets fans be fans without creating perverse incentives.

Revenues, Growth and the New Sports Economy

Legalization of sports betting is partially appealing because of increased revenues to the leagues, or tax revenues to the states. AllSportsMarket’s revenue sharing will have a direct bottom line impact to the leagues, and the increase in total tax revenues is far greater. And that is just the start.

The marriage of sports and finance will create millions of jobs by allowing fans to monetize their passion and light the flame of hope that our nation desperately needs. The New Sports Economy will be a new way of life and the overall benefits will be enormous.

No Law Change

AllSportsMarket is not an alternative gambling model that needs to be legalized. It’s a financial product that happens to be sports-related, for which our laws already provide the right framework.

AllSportsMarket (ASM) is operated by The New Sports Economy Institute, a 501(c)(3) nonprofit organization established to teach finance through sports. Bernie Nicholls is ASM’s spokesman and sports industry liaison. Bernie was an explosive scorer who accumulated over 1,200 career points while playing for six NHL teams. Recently, Bernie helped coach the L.A. Kings to their first Stanley Cup in 47 years. For more information and to enter the 2015 AllSportsMarket Web App Super Bowl Challenge for FREE!, visit: http://www.ASMFree.com and click the orange Web App icon beneath the Apple download button.

Contact:
Jason Henry  – AllSportsMarket (ASM) Media Relations
iPhone (705) 772-7066 or Email
http://www.ASMFree.com

 

$75,592,940,968,183 Global GDP + 3,035,749,340 Web Sports Fans = The New Sports Economy

December 18, 2014 in public

NHL Legend, Bernie Nicholls says: “This isn’t just a market for trading without a purpose…”

(credit to: http://finance.yahoo.com/news/75-592-940-968-183-134000968.html)

LOS ANGELES, Dec. 18, 2014 /PRNewswire/ — AllSportsMarket is releasing the ASM Free! Web App in the coming weeks expanding sports trader access far beyond the current 11.7 percent share of the current Apple iOS platform to nearly every mobile device, desktop and Web appliance (such as Roku) around the world.

Webapp_Icon

NHL Legend, Bernie Nicholls says: “Obviously when you can get into the hands of sports fans everywhere, on almost any device, it adds to the excitement of having more people to compete against. The level of competition that sports fans will experience is something I believe will surprise a lot of people. This isn’t just a market for trading without a purpose, as the level of thought and understanding of real stock markets that has gone into the creation of this market for trading performance based sports stocks, is amazing. Like I said, people are going to be surprised when they open up this App.”

AllSportsMarket (ASM) is a sports stock market where you can buy and sell sports teams and get paid dividends as your teams win. To prepare sports fans and traders for The New Sports Economy, ASM Free! is presently trading all NBA, NFL and NHL teams 24 hours a day as a free-money app. It is a live demonstration of the 3 main future benefits of the coming real-money markets:

Price Creation

Every financial instrument creates a price. The price of Microsoft, gold or oil is known. If sports will be traded like everything else, it should produce price information like everything else. Neither daily fantasy, nor sports betting is designed to do this and the stock market format also ensures that fortunes are not lost overnight.

Integrity Preservation

Even with careful monitoring, sports betting will always attract bad actors because there is so much at stake. Designing the right incentives from the start provides a much better answer. On ASM, game-based payments are not at the levels where cheating makes sense. When people don’t have the incentive to cheat, they simply won’t. Knowing that, the public will be fully trusting instead of skeptical, which will lead to much deeper fan engagement.

Rebuilding the American Dream

The United States is built on the unshakeable belief that any hard working person can make it and that we all have equal access to opportunity. Recently, however, the overall confidence in the American dream has taken a big hit and nobody has offered any workable solutions. It needs to be restored. But how?

Combining sports and finance in socially beneficial ways makes it happen. People love sports and they are passionate about it. A well-functioning sports stock market will shatter the financial barrier for fans by creating new ways to make money based on sports. Collectively, our passion for sports will lead to entrepreneurship, jobs and growth.

Sports betting and fantasy for money are inferior systems that don’t create prices, preserve integrity or make a meaningful economic difference. There is a better way.

AllSportsMarket (ASM) is operated by The New Sports Economy Institute, a 501(c)(3) nonprofit organization established to teach finance through sports. Bernie Nicholls is ASM’s spokesman and sports industry liaison. Bernie was an explosive scorer who accumulated over 1,200 career points while playing for six NHL teams. Recently, Bernie helped coach the L.A. Kings to their first Stanley Cup in 47 years. For more information and to enter the 2015 AllSportsMarket Web App Super Bowl Challenge for FREE!, visit: http://www.ASMFree.com and click the orange Web App icon beneath the Apple download button.

Contact:
Jason Henry  – AllSportsMarket (ASM) Media Relations
iPhone (705) 772-7066 or Email
http://www.ASMFree.com

 

NBA Backed Sports Bets and Fantasy for Money? There is a Better Way Forward

November 19, 2014 in public

(credit to http://finance.yahoo.com/news/nba-backed-sports-bets-fantasy-133000276.html)

LOS ANGELES, Nov. 19, 2014 /PRNewswire/ — Adam Silver, NBA commissioner, recently said in a New York Times piece that sports betting should be legalized. There is a better way forward.

NHL Legend, Bernie Nicholls says: “I can see why the leagues would want to try to get their hands on the betting world and try to clean it up, but they are opening a door that can’t be closed. What happens when a team like the San Antonio Spurs rests their best players on a night where they are playing a bad team? The Spurs do this on a regular basis; what happens when the league is being called out for allowing them to ‘throw games.’ I’m not saying that they do throw games, or that they lost every time they rest their stars, but why open that door and offer the public the option of saying they are.”

The traditional fantasy sports format increased fan engagement. More recently, the creation of daily fantasy attracted further interest and created a lot of deal activity in the sports industry.

Nicholls continues: “The fantasy world took a ‘one day’ which ends up looking more like gambling, in my opinion. Fantasy sports as a season long investment, is fun and you can’t, usually, lose loads of money playing it. I’m sure there are big players in the fantasy world, but in a season long pool, at least you are not going broke over the course of a week, or month. Having the leagues tied to these daily fantasy leagues has some benefits out of the gate, but I’m not sure they are the ‘answer’ that these leagues are looking for.”

If daily fantasy is the state of affairs today, legalized sports betting is where the market is potentially headed. After all, NBA announced a deal with FanDuel Wednesday and Adam Silver’s opinion piece appeared Thursday. Legalizing sports betting, which happens to be the only system known that accomplishes speculation in sports at a mass scale seems like a natural next step. A natural next step, however, is not the same thing as the best way forward.

AllSportsMarket (ASM) is a sports stock market where you can buy and sell sports teams and get paid dividends as your teams win. In preparation for the future, ASM is presently trading all NBA, NFL and NHL teams 24 hours a day as a free-money app for Apple devices. It is a live demonstration of the 3 main future benefits:

Price Creation

Every financial instrument creates a price. The price of Microsoft, gold or oil is known. If sports will be traded like everything else, it should produce price information like everything else. Neither daily fantasy, nor sports betting is designed to do this and the stock market format also ensures that fortunes are not lost overnight.

Integrity Preservation

Even with careful monitoring, sports betting will always attract bad actors because there is so much at stake.

Designing the right incentives from the start provides a much better answer. On ASM, game-based payments are not at the levels where cheating makes sense. When people don’t have the incentive to cheat, they simply won’t. Knowing that, the public will be fully trusting instead of skeptical, which will lead to much deeper fan engagement.

Rebuilding the American Dream

The United States is built on the unshakeable belief that any hard working person can make it and that we all have equal access to opportunity. Recently, however, the overall confidence in the American dream has taken a big hit and nobody has offered any workable solutions. It needs to be restored. But how?

Combining sports and finance in socially beneficial ways makes it happen. People love sports and they are passionate about it. A well-functioning sports stock market will shatter the financial barrier for fans by creating new ways to make money based on sports. Collectively, our passion for sports will lead to entrepreneurship, jobs and growth.

Sports betting and fantasy for money are inferior systems that don’t create prices, preserve integrity or make a meaningful economic difference. There is a better way.

AllSportsMarket (ASM) is operated by The New Sports Economy Institute, a 501(c)(3) nonprofit organization established to teach finance through sports. Bernie Nicholls is ASM’s spokesman and sports industry liaison. Bernie was an explosive scorer who accumulated over 1,200 career points while playing for six NHL teams. Recently, Bernie helped coach the L.A. Kings to their first Stanley Cup in 47 years. For more information and a free download, visit: http://www.ASMFree.com

Contact:

Jason Henry – AllSportsMarket (ASM) Media Relations
iPhone (705) 772-7066 or Email

http://www.ASMFree.com

 

AllSportsMarket Offers Free 24/7 “Reality Sports” Data to NFL, NBA and NHL

November 6, 2014 in public

(credit to: https://finance.yahoo.com/news/allsportsmarket-offers-free-24-7-134000041.html)

… asking “Is it useful?”

LOS ANGELES, Nov. 6, 2014 /PRNewswire/ — AllSportsMarket (ASM), the World’s First Sports Stock Market, is releasing a major upgrade to the popular ASM Free! (http://www.ASMFree.com) mobile and tablet trading App. Included are advanced sports market analytics and charting never seen before. ASM trades all NFL, NHL and NBA teams live 24 hours a day and is the first of its kind.

 

NHL Legend Bernie Nicholls says: “With fantasy sports having a huge impact on sports fans it’s easy to see how our App is going to not only complement the tools a fantasy player uses, but it has the potential to become something that replaces some of those tools.”

Charts_Medley

 

Using data derived from the market, fantasy fans can value the players on more than just the player’s stats. As the perception of the team the player is on may be higher or lower than what was expected, players from that team may be overvalued or undervalued.

The price changes on ASM could be driven from traders who see a winning or losing streak on the horizon helping the fantasy player project who they should bench for a game, handful of games, trade or even drop from their team.

The new advanced analytics and graphs will provide fantasy sports players with a new monthly view of their favorite team’s past and future performance. Publicly available information including team price and dividend reserve fluctuations and potential payout per share, will all provide new signals of a team performing well, a team performing poorly, or a team in the middle of the pack over a 30-day period. This is welcome news for fantasy players who have limited time to keep up with the wealth of sports information out there to make better informed fantasy roster and team decisions.

Technical mastermind Ace Underhill says: “This market data is not intended to be portrayed as the savior of the fantasy world. We want to open the door to the conversation of whether or not it can be utilized. We are asking fantasy sports players to download the free App, use it and drop by our forums and tell us what they think. It’s a free download with ASM $2,500 to start: http://www.ASMFree.com.”

“Download the App and register your account using the referral code: BERNIE and I will enter you into a drawing for an autographed jersey of your choice from my teams: Los Angeles Kings, New York Rangers, Chicago Blackhawks, Edmonton Oilers, New Jersey Devils or the San Jose Sharks,” Bernie concludes.

AllSportsMarket (ASM) is operated by The New Sports Economy Institute, a 501(c)(3) nonprofit organization established to teach finance through sports. Ace Underhill is the sole technical architect with over 15 years’ experience working in movies, television, and music videos with such luminaries as Snoop Dogg, Coldplay, Rihanna, Foo Fighters and other top artists worldwide. Bernie Nicholls is ASM’s spokesman and sports industry liaison. Bernie was an explosive scorer who accumulated over 1,200 career points while playing for six NHL teams. Recently, Bernie helped coach the L.A. Kings to their first Stanley Cup in 47 years. For more information and a free download, visit: http://www.ASMFree.com

Contact:

Jason Henry
AllSportsMarket (ASM) Media Relations
(705) 772-7066
http://www.ASMFree.com

AllSportsMarket, the World’s First Sports Stock Market, Trades 297,108 Shares Totaling $4,350,963.70 in First 70 Days

October 24, 2014 in public

(credit to: http://finance.yahoo.com/news/allsportsmarket-worlds-first-sports-stock-124000198.html)

LOS ANGELES, Oct. 24, 2014 /PRNewswire/ — AllSportsMarket (ASM) traded 297,108 shares in the first 70 days of continuous market operation across the NFL, NHL and NBA sports team trading markets. This represents a total trading volume of $4,350,963.70. NHL Legend and company spokesman, Bernie Nicholls says: “The people I show this to get very excited. They quickly see the entertainment value in what we are doing here. It’s not gambling, it’s investing, and what better entertainment than investing in the teams you love.”

Photo – http://photos.prnewswire.com/prnh/20141023/154080 
Logo – http://photos.prnewswire.com/prnh/20141023/154079LOGO

On Oct. 23, 2014, proceeds from NFL IPOs were used to increase the dividend reserve of all 32 NFL teams by $15,000 and a 3-to-1 split was announced for November 1, 2014. Ace Underhill, co-founder and sole technical architect says: “I can’t believe it’s happening already… our first stock splits. Exciting times indeed!” Nicholls comments on the season: “With Peyton Manning and his Denver Broncos playing top notch football, it’s hard to argue they are not the best team in the NFL.  With the way the Seattle Seahawks have stumbled the past couple of weeks, I think the door is wide-open for the Broncos to finish off what they started last year, and win the Super Bowl.”

On Oct. 23, 2014, proceeds from the NHL IPOs were used to increase the dividends of all 30 NHL teams by $20,000 and a 2-to-1 split was announced for November 1, 2014. Nicholls considers the hockey action this year: “Having played with the Kings and having been a part of the 2012 Stanley Cup Championship, it’s hard for me not to pick them as the one of the best in the NHL, but you can never count out a healthy Sidney Crosby and the Pittsburgh Penguins. Sid’s the best in the game, and when he is healthy, he is nearly impossible to stop.”

The NBA market is currently trading with first dividends paying at the conclusion of the opening match between the San Antonio Spurs and the Dallas Mavericks Tuesday, October 28, 2014.  “If I was to pick a couple of teams to invest in, I would say the Chicago Bulls look strong this year and I would be crazy to leave out Lebron James and his Cleveland Cavaliers. Anytime you have a player like Lebron James, you have a chance to win, and with the supporting cast in Cleveland more than capable of holding their own, I will be surprised if they don’t end up winning it all,” Nicholls concludes.

AllSportsMarket (ASM) is operated by The New Sports Economy Institute, a 501(c)(3) nonprofit organization established to teach finance through sports. Ace Underhill is the sole technical architect with over 15 years’ experience working in movies, television, and music videos with such luminaries as Snoop Dogg, Coldplay, Rihanna, Foo Fighters and other top artists worldwide. Bernie Nicholls is ASM’s spokesman and sports industry liaison. Bernie was an explosive scorer who accumulated over 1,200 career points while playing for six NHL teams. Recently, Bernie helped coach the L.A. Kings to their first Stanley Cup in 47 years. For more information and a free download, visit: http://www.asmfree.com/

Contact:
AllSportsMarket (ASM) Media Relations
Jason Henry  (705) 772-7066
Email
http://www.asmfree.com/

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