A patent backed software platform, that will allow a legal deployment of online casino style application.
Gambling: To play at any game of chance for money or other stakes.
Speculation: Engagement in risky business transactions on the chance of quick or considerable profit.
The Development for the Las Forex platform came from the notion that there was a fine line between gambling and speculation. So to capitalize on this feature, we are developing a casino style platform that will use our patented technology which will give gamblers a Legal way to speculate and visa versa.
Both of these actions are identical in their end results: the gain or loss of money based on RISK.
What is Risk? Well, Financial risk is often defined as the unexpected variability or volatility of returns, and thus includes both potential worse than expected as well as better than expected returns. References to negative risk should be read as applying to positive impacts or opportunity (e.g. for loss read "loss or gain") unless the context precludes.
How does this relate to our project?
We developed the mechanics of the patent, based on the analysis that both Speculators and Gamblers take certain risk in their actions;
Speculators risk based on human actions (interest rates, market movements, news reports, etc.).
Gamblers choose risk based on 'luck' or probability (roll of the dice, flipping a coin, etc.).
* It's obvious that Speculators choose their risk factors based on a more realistic method. Las Forex will bridge this gap by allowing Gamblers to move their risk into a calculated speculator position within the Global Financial Markets.
In addition, the basis of the concept is such, that the Odds are NEVER in 'favor of the house'. Meaning, every gambler has a 50/50 chance of winning, and more so, it is in the interest of the 'house' to have its customers win in the long run.
Now that there is a good foundation; lets cut to the chase. Click Here