But since death penalties alone usually aren't enough to prevent the hyperinflation incurred by player farming, what else do games do? Well, first off, they use the buy and sell prices of vendors. Note how most NPC vendors in these games only give you a very small percentage of an item's value when you try to sell it to them. Where does that value difference go https://gaming-side.com/?
Nowhere. It falls out of the economy, effectively reducing the amount of currency in circulation. Unfortunately, this technique isn't a cure-all for the problem either. Because our NPC merchants aren't all that discriminating about what they'll buy. In real life, a shopkeep would tell you, "No. Stop trying to sell me rusty knives." "You've sold me thirty of them now. I don't want any more. Get out of here." But nope, our NPCs are happy to pick up those tattered rat pelts all day long! Rag, weeds, a handful of rocks... Doesn't matter if they're worthless at the auction house; that NPC will buy as many as you can bring them. This means that items which otherwise would have zero economic value now have some economic value due to our NPC vendors. Which, in the end, often results in the sell function actually adding more currency to the economy than it removes. This is doubly true when you introduce the concept of soulbound items. Sure, it creates scarcity for those specific items... But it also means the only place you can eventually offload them is with a vendor. Which just floods more and more money into the economy. If it were a regular item, it could at least get circulated among the playerbase forever... ...as players kept selling it to each other, which is a currency neutral activity. But okay, what other options do we have? Well, there's also consumables. Potions, ammo, food and drink. All of these serve as ways to remove currency from the economy. And games which make these systems crucial parts of play tend to do so... ...so that the designers can have a big lever to pull to stop runaway inflation when they need to. Is inflation growing too fast? Well, create an expensive high-end consumable that all your players are gonna wanna burn through... ...and you can level out that problem real quick. Auction house fees are another common system. Besides simply deterring players from putting up junk auctions all the time... ...these fees serve to remove a small percentage of the cost of an item from the economy every time it circulates through the playerbase. There's also services. Have you ever wondered why you have to pay for fast travel, or why that griffin ride costs you money? It's because it's another economic sink. This can be anything from transportation, to fees for sending letters, to money paid to open up new bank slots. All of these services take money from the player without returning a tangible good, thus effectively deleting that money from circulation. I could go on all day about this stuff, but let's talk about some of the more inventive solutions that could be used. First off, let's talk about this idea of tying currency to a consumable necessity. Let's say, for example, that you put a high-end potion into your game for ten thousand gold that every raid player is gonna want every time they go raiding. Now let's say that it's only purchasable from vendors. And not only does this remove ten thousand gold from your economy every time a player swings one of these things... ...but it also sets a baseline for the value of money. Your currency may inflate, but by essentially backing it with another good - by saying that at any point, you can trade in ten thousand gold for this potion... Your currency will never become worthless. Or you could tie it to real-world currency. If players can trade your in-game currency for something with real-world value... It'll inflate, but it'll always retain value. In Eve Online, Plex serve this function. Plex are game codes that can be used to pay the monthly subscription fee for the game, but they're also tradable on the in-game market. And this means that the in-game currency will always have value, because it's tied directly to something with a real-world dollar value. There are also taxation systems in games, which help to keep things regulated. You wanna keep your guild for another month? Well, you better pay x amount of gold. You wanna keep that farmland you bought? I guess you better pay the NPC lord a few hundred guilders before the week is out. It's an effective option, although it's really hard to manage without making it feel burdensome to the player. Lastly, there's the idea of permanent purchasable upgrades for a character. We do already use this to a limited degree. Have you ever wondered why this trainer who wants to guide you through life or prepare you to save the world... ...isn't gonna teach you that new kick until you fork over four platinum? It's to get that money out of the game. The problem is that this often stops at the level cap, when you run out of stuff to learn. Which is unfortunate, because that's the place where it would actually be most effective. There is an alternative, though: premium endgame trainers. Have you already maxed out your level? Well, here's a special trainer who will increase any stat you want by one point, for 40,000 experience points and 10,000 gold. The great thing about this is that it can be an exponential system, which causes the high-end players to just drain money out of the economy. Which is good, because those players are usually the biggest generators of inflationary influxes of cash. This stuff is all just the tip of the iceberg, but we are way out of time. If you guys found this interesting, let us know. We may come back to it. There is no shortage of special weirdness that comes with trying to craft an economy for an MMO. See you next week!
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That's. [INAUDIBLE] I would really recommend, this is for future, when you kind of feel more confident and comfortable with this stuff. This is not right away, all right this website?
>> [LAUGH] >> Don't try to do this. Actually, please do because then [INAUDIBLE]. >> [LAUGH] >> So what do these things look like? This is from the recent an American of one with the whole thing. This is a typical, kind of a tilt screen. On the screen because, A is a nice colic. You can see here, in barrow 1, on a $2 bet, $7.80, right? Place bet, show bet. And, this is probably what it should look like, right? This proportional going down. On average, winning bets on a $2 bet, we're going to give this $2.10, and come back $20. On average earned, two dollars and ten cents is the minimum that must be paid out on almost all cracks. Sometimes what happens is that the amount spent on one course is more than all the other courses combined. So they have to instill this minimum so that we're actually now losing money [INAUDIBLE]. Place bets, obviously going to go down a little bit. Averaging, kind of level out to dollars, so that's [INAUDIBLE] $10. You can see here down below, $2 is that one, $2 price jacked up super there. A lot more money right? And on average, and when you start to win maybe considerably more on these other apps. These numbers that I regretfully came up with what I kind of assume then in the past this averages each tract of these piece of information when you buy their initial programs. This is from the fourth meadows [INAUDIBLE] Okay. [INAUDIBLE] The more specific your bet, the lower the odds. But hopefully, the higher the payoff, right? But it all depends. It all depends on are you betting with the chalk, or are you betting against the chalk? If you agree with that chalk. Rich, okay. If you kind of looked at all the variables and things, yeah, this horse is going to win. You'd use that with a few launch apps, right, that will help kind of increase your payout hopefully. If you use don't use it in a right, because hopefully you'll be able to get everyone else. Make sense? [NOISE] Okay kind of right. This relates to a it natural investing rate. Risk and reward right? Do we want to be more risky or do we want to be less risky with your money? Well you're less risky with your money your reward vein is lower right? And that happens as well, right? The more specific you are with your bets, the riskier they are and potentially [INAUDIBLE]. This is from my friend Warren Buffett, risk comes from not knowing what you are doing. Right now, you are at your riskiest, all right. So be very careful when you in a situation. >> [INAUDIBLE] again. >> Are there even more bets? Yes. It just kind of gets crazier from here on out. These Daily Double, Pick 3, Pick 4, Pick 5/6/7. These are not within one race, these are now across multiple races. So this gets pretty complicated after a while. Daily Double is essentially, you're are picking the winners of one race and then, the race right out, right? For this, does that answer the question? >> Yes [INAUDIBLE]. >> This is kind of a you see a long shot being in the show pool, you may want to consider pushing that up, right? If everyone thinks it's going to win third place, well potentially awesome, getting excited for and third or first, that's [INAUDIBLE] it's possible.
Are there more bets? Yes exotics. Exotics are getting a little bit more into the weed, so I'm not going to go too far into this. I'm going to focus on exacta and trifecta. Exacta is exactly that, you're the first and second course in that order. Okay, so you're getting a little bit more specific in what your bets are. There's the trifecta, first, second, and third place. There's also a super-fecta, first, second, third, and fourth place. These dollar bets and $0.10 bets are basically kind of the average amount that you spend on those, and how much they cost for each one of those. However, just taking one of these bets isn't really a good idea. So let's say we have a dollar exactly on 1 and 3, 1 has to win first place and 3 has to win second place, and you only have a single dollar to bet. However, it's this idea of boxing these things in. Boxing these things thinks as I don't use any of these horses in any order, right. So I'm betting not just on one three, but also thee and four, right. So here we have two dollar bets for your dollar. And you vouch trying to get some more and more involve right? What are the exact amounts on one two and three? Would be six dollar amounts. Right? So six dollar increments. And dollar trifecta on one, three, two would be just that order right? Not lost [INAUDIBLE] status one, three- Two, however, if we do decide to do that, trifecta box and 132 is $6 right? [INAUDIBLE] $6 [INAUDIBLE] Does that make sense, a little bit? Okay, good. Can you guys do an exact dollars box on 1, 2, 3, and 4? You thought you could. I was talking to my math instructor, you're not respecting math questions in all this? [LAUGH] Come on. >> It's full math. >> Okay. [LAUGH] Why is it? >> 4 times the percentage. >> She did it so quickly and so efficiently, mainly because there's a whole branch of math called combinatorics Okay, peep this actual counting market and stuff is a huge part of Palbaline statistics, all right? If you're interested in that please, please, please take statistics for any of those classes that we have on offer because they're great. Okay, if you can imagine this gets harrier when you add more four horses, right? Dollar on five horses would be 60 bucks. On seven horses would be $210.00. At 10 cents per however, would only be $2.40. Is this likely to happen, do you think? I don't think so, right? I mean you're looking for the one, two, three, and four horses to get first, second, third, and fourth, right? You're getting very specific in your prediction there. Overall though, this is one more typical, [INAUDIBLE] kind of that in general, what we do is we say. One, three, zero [INAUDIBLE] for the one, three [INAUDIBLE] win first. And then one, three, five versus the third, second to [INAUDIBLE] one, three, five, six to win third. And then we say b of all. So all address in that last one. So we don't know, right? It was just very weird and they were very. >> [LAUGH] >> They did not like what I was doing in the least and it kind of showed that there was something else going on. Andreas, yes, there are many many upper cuts.
We'll talk mainly about these. We'll get into the other ones a little bit. There has been an increase in okay. Linda will get beat out if that person Makes first place. A place that will pay up if a person wins first or second place. A show bet will pay up if the horse wins first, second, or third. So this is really important because people misinterpret these bets all of the time. We'll do this example real quick. When placing show bets for this we have furling speed, fast familiar last Can the slope though and we're looking at the pools here. Right? The wind pool, the place pool and the show pool. I'm not going to show the actual calculations but if you do this right the one force wind, it's the last chance for second. Capacitor is third place. This is what the pay on sulphur weight. Now in the parentheses indicates the actual value of what should happen, It's always rounded to the nearest five to zero cent, because that's kind of the. There's a technical term for it. I forgot it. But yeah, it'll always reduce down to the. So you see here, Win, Place, and Show. And in general this is how it looks. We'll see the example but early, if you had a dollar ticket, and obviously would be $1.85. Place, $1.60. 2.05 for show. What's funny there? >> Seems like Joe is >> [INAUDIBLE] >> Some of that math problem [INAUDIBLE] yes. >> [LAUGH] >> Yes there is something strange going on here right? With the $1 win method there's only one way to win with that. However, we only made $1.85 on our $1 win. $1 Show method there is actually three ways to win Right the horse came first second or third. This kind of leads to our first real misconception that a lot of people have. They think that these bets are for that specific race and not the ones above. Right? This happens quite often and this is actually an actual technical term in the stock market >> Called arbitrage. Arbitrage for investments are the simultaneous purchase and sale of an asset in order to profit from a difference in the price. So if exactly what we're doing, right? We're not buying and selling this thing immediately, what's actually happening is we have something from the same price, but different risk bluffs, right? Different risk of not winning or winning [INAUDIBLE] so whenever this thing happens, trend two. Win, place, and show pools should all be proportional to each other, right? If a horse is a favorite to win, you should see their, you know, show pool being kind of the favorite, as well, right? Because that's proportional. If it's not, then you get a situation like. Like this, right? Where that show pool was really under that. So that shouldn't more of that. So this leads us to our trend two with the show pool, under that as we saw on the show pool in Yeah? >> So the reason that the show pool was overvalued, or under bet, is the people doing the betting. >> Exactly. >> Some of the public did not realize what was going on, it's not [INAUDIBLE] >> No, no, no, no. We'll talk about the track's involvement a little later on, but yet, that's kind of the core issue here, we're betting against other people, and their misconceptions of what these bets may or may not [INAUDIBLE] So that's kind of the core idea, we're betting against everyone else and their information. Las Vegas is a city full of entertainment; dining, shows, and gambling, of course. But all of it is gonna cost you money. Well, in this video I'm gonna show you shows you can see for free in Las Vegas.
We'll start with my favorite one. It's the volcano at the Mirage Hotel. It erupts twice nightly on weeknights and three times on weekends. It's really cool; it's about a ten-minute show. The volcano erupts; there's lots of fire. The best place to watch is right from the middle. It's a popular show. I suggest you get there about 15 or 20 minutes early to secure a good spot and be prepared to be warmed. (Polynesian music) - The second best free show in Vegas is the Bellagio Fountains right behind me. This is center strip; it's in front of the Bellagio. The show is every 15 minutes at night, every 30 minutes in the day. It's truly spectacular. Stick around, see the show a few times. Check it out from a few different vantage points. If you're up here at the top of the Bellagio, you can see the Eiffel Tower in the background while you watch the show or watch it down form the strip to see the fountain with the Bellagio in the background. Let's watch it for a little bit. (uplifting music) Once you're done watching the fountain show, head inside the Bellagio to check out their conservatory. It's an indoor garden-type exhibit. They have different themes throughout the year. They were setting up for Christmas when I was there. Well worth the visit. Also just behind the conservatory, I know this video isn't about bakeries, but they have my favorite bakery anywhere, Jean Philippe. And at Jean Philippe they have the world's largest chocolate fountain. That's just too cool. A free show that the kiddos in your group are sure to enjoy are the circus acts at the Circus Circus Hotel, located in the middle of the casino up on the second floor they have circus acts all throughout the day. The time I was there, there was a neat trapeze act on a high flying trapeze, but they have different acts, tumbling, all sorts of neat circus acts and they're free. What's better than that? There's also a midway with arcade games and carnival games that the big kids and little kids are sure to enjoy. (upbeat music) The next free show is located in fabulous Downtown Las Vegas. It's called the Fremont Street Experience, and it is conveniently enough on Fremont Street. Fremont Street is about four miles from the central strip. It'll take you about 20 minutes driving or in a taxi. There's also buses that you could take down here too. There's a show every hour at night on this LED canopy dome along Fremont Street. Starts at 6:00 p.m. in the winter. It's a pretty trippy experience. You'll really have to see it to appreciate it. The whole street lights up; it is really pretty cool. Worth a trip down to downtown. And you can admire some of old Las Vegas while you're down here as well. - [Announcer] We have alien craft on long-range sensors . Check the coordinates. (aircraft lifting off) In addition to the LED light show they also have live entertainment on some stages throughout Fremont Street. The night I was there, there was a girl in a cowboy outfit dancing as the dancing deejay. I should point out the rodeo was in town as well, so this is probably appropriate to the rodeo. All throughout Fremont Street there are areas for street performers to do their street performing. This guy had quite and interesting dancing style. (futuristic music) Our next best free show is at the Wynn Hotel. It's called the Lake of Dreams. It's inside the Wynn Hotel. It's right outside the Parasol Downs Cafe. The best place to watch it is from the north viewing Terrace. There's a sign for it casino games new zealand online. You can just go out there and watch it. The show's every 30 minutes at night. The one I saw was kind of weird. There's like this lake and this waterfall and this projection face that comes up to some music, really odd. ("Oh, Yeah" playing) Also when you're done watching that show, you can come out to the front of the hotel. They've also got a musical fountain out by the front right on the intersection of Las Vegas Boulevard and Sands. ("Style" playing) In the Venetian, in their Venetian shops up on the second floor above the casino in St. Mark's Square, they have streetmosphere performances. They have various musical performances on the stage as well as the statues that you see right now that don't really do much. If you're over at Caesar's Palace at the Caesars Palace shops, they also have a fountain show that's located by Cheesecake Factory and the Nike store and it tells the story of some Roman Mythology. (exciting music) And finally I will just mention one show that no longer exists that seems to still be on every free list, the pirate show at the Treasure Island, which I'm standing in front of these ships. It looks like it might exist, but the show is no more. So don't come to the Treasure Island to see the show. Well, I hope you enjoyed this video, and you'll get to see some cool free shows when you come to Las Vegas. Getting ready for college is more than applying for financial aid and picking a roommate. Once these two monumental tasks are accomplished, help your student prepare for the new experiences and challenges they will face.
Here are seven success tips you can share with your college student: 1. Don’t be afraid to ask. Their new world consists of bosses, professors, mentors, and those who have been where they are now. Encourage your student to ask for feedback, advice or alternatives, instead of staying quiet or being embarrassed that they don’t know the answer. They will discover there are countless people who want to see them succeed. Tell them: Adopt the mantra, “You’ll never know until you ask.” 2. They have tremendous power. Yes, your student! One such power is enthusiasm. They can make a huge impact in others’ lives by bringing their enthusiasm every day. Praise others for a job well done or nominate them for recognition. When they make the choice to be enthusiastic, interested and curious in studies, their work and in other people, positive energy grows. People love to be around upbeat, positive people. Tell them: Choose enthusiasm every day and in time, it becomes a habit. 3. Success starts with honoring themselves. This means taking care of themselves physically, emotionally and socially. It applies not only to staying healthy, gaining financial freedom or living on their own for the first time, but standing up for themselves like they would for a best friend. Tell them: Make choices that honor yourself. 4. Take charge instead of charging. Successful students know that they don’t need to outspend their friends and classmates to impress people. While you may still be supporting your student through tuition and perhaps even pizza money, learning the concept of money rules is a solid step to financial maturity. Money rules work best when they create their own, based on values and goals. Tell them: Creating your own money rules is the start of a personal financial philosophy that will serve them for the rest of their life. Successful studenrs also use essay help, if they need. 5. Goals: Whether it’s to make the Dean’s list, run a 5K or become a millionaire, it starts with a vision and a promise to persevere until it is a reality. It’s also important that they realize that goals should be specific and attainable, not so outrageous that they would leave them feeling defeated. Many students may dismiss their dreams and goals as unimportant because they don’t know how to break it down into specific, measurable steps. Tell them: Setting a goal is nothing more than making-and keeping-a promise to yourself. 6. In such a wired world the old fashioned, hand written, Thank You note will open more doors than they can image. A gift of monogrammed note cards or stationary is just as appropriate today as it was in their grandmother’s era. A handwritten thank you to a professor that wrote a recommendation, or a family friend that connected them with an internship opportunity merits a formal thank you. They will also be prepared to write their grandparents (or you!) to thank them for care packages or money. Tell them: Sometimes an email just doesn’t cut it. Take a minute and write that note. (They will also stand out among their peers by doing so.) 7. They can handle it! All the things that mom and dad handled are suddenly in their lap. They will need to keep track of their original birth certificate and social security card, handle finances, balance work and school schedules and more. A basic organizing system eliminates the frustration, fines and late fees by having papers where they can find them. Help them set up basic categories such as money, health and social life as starters. As they take on more responsibility, they can expand categories. Tell them: They can handle it! In any industry, there are some people who can be of help to anyone and it is also the same in the traveling industry. The ones who work hard in order for people to have safe trips are called the Illinois travel agents. They are known as the organizers of the things needed by a traveler. Before, obtaining some tickets for traveling was quite difficult especially those planer and train tickets.
However, these days this has totally made a turning point. This is because there have been several websites that offer booking services. People can now easily perform a few clicks while they are in their offices, homes or even with the use of their cell phones so that they can book their flights. With all the advances in technology, the services offered by an agent are still beneficial especially to those individuals who do not have any experience in traveling. Agencies that are focus on traveling are the ones that employ these agents. These agencies provide traveling service to clients. Meanwhile, some of the agents are also allowed to work without any agency. The handling of other things is also tackled by these experts. They can earn money as they take a percentage of the total cost of each trip that they closed. With most specialties or allied health fields the differences are in the level of education, training and personal cv, a person receives or is required to have to practice in the field.
What is the difference between an ultrasound technician and a Radiologist? The answer is in the type of training received and the amount of training required for each position. A radiologist is a person who completes medical school like any other physician. Then additional training is required for a residency. Typically the first year is spent in general medicine. Then an individual will spend up to four years in a radiology residency learning how to read and diagnose. A radiologist does more than simply read and interpret x-rays. He or she may also read other diagnostic images from ultrasounds and doppler studies. The individual will be skilled in interpreting all types of films. An ultrasound technician, on the other hand, receives much less training and only attends school possibly long enough to earn an Associate or Bachelor degree. When the training is complete the individual will take a certification exam to work as an ultrasound technologist in a medical facility. Most programs will require the individual to complete an internship in the field but this can be as short as a few months or up to one year in some programs. There is also quite a difference in the pay rate for both positions. As a physician, a radiologist will earn an income that is similar to that of a physician working in a clinical setting. Usually, the radiologist will work in a hospital but may also be employed by a large health center or outpatient facility. An ultrasound technician will make much less than a physician or a radiologist, around $35,000 to $40,000 to start, even with a four-year degree. There is much less responsibility involved in performing tests that take images, than a position that required interpreting the results. |
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March 2019
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