No less susceptible to this trend are the recent graduates from the UK’s leading universities, according to the results of a recent survey. Whilst the job market for university graduates remains buoyant, the report points out that most employers are prepared to relax their stipulations that the 2.1 degree be regarded as the minimum entry level. Cost conscious employers are now prepared to employ 2, 2 level graduates. This move is expected to see a reduction in true terms in salaries for university graduates. The average salary for 2008 is expected to settle around £24,500, with law firms in the city now earning the title pf being the top payers now offering £36,500 annually compared to £35,000 by the now hard pressed merchant bankers.
Where not so long ago, top graduates with front line professional degrees in law, economics and accounting were being welcomed with open arms by Great Britain’s top firms, now there are more than thirty graduates fiercely competing for each position. Those that are succesful in picking off the top jobs are smiling, whereas those who are forced to settle for a job that pays considerably less than they anticipated are now asking themselves if all these years of expensive study was worthwhile.
Not so long ago, Rajeev Shah was asking himself the same question. After many years of constant pressure working in the city as a trader, Rajeev began to dream and scheme of a way of earning more money that was less traumatic and much more profitable. A man with his finger on the pulse, Rajeev has a very strong intuition that the way to supplement his income was to target one of the world’s largest growth industries - online gaming.
He studied the market thoroughly and discovered a niche that had lain totally undiscovered and undeveloped and which offered the potential for immediate, guaranteed returns on his investment going as high as 12% per month.
The niche was in something known as sports arbitrage. Sports arbitrage takes place when competing bookmakers offer overlapping odds on the same event. When this occurs, and it does fairly frequently, it is possible to place a wager that will cover every conceivable outcome. This means that anyone placing a bet is guaranteed a return on their investment.
All the precise mathematics required to calculate the eventualities are taken care of by a sophisticated piece of software developed and produced by Shah. Known as ArbAlarm, this user friendly piece of software provides an instant platform for transparent price discovery. This means that someone who owns this software has the ability to scan and compare prices online and in real time. This opens a gateway to a constant round of cannot lose betting opportunities.
As we all know, it is a great feeling to beat the system, and Shah explains how to do just that in his book ’Sports-Arbitrage – How to Place Riskless Bets and Create Tax-Free Investments’ In the book, he explains how the idea of ArbAlarm came to him, and the thinking behind its development. For university graduates the opportunity to supplement their income through using the ArbAlarm software should be very appealing, and already many are flocking to try the system.
What makes wagering using the ArbAlarm software even more pleasurable is recent confirmation from the UK Treasury that it plans to continue to allow profits made this way to remain tax-free. So why wait, find out what a lot of people already know. ArbAlarm is the nearest thing you will find to a licence to print money that you will find in a long time.
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