Originally Posted by
indio
Instead of complaining incessantly, you should be somewhat grateful. Why, you might ask, would I say something that seems so illogical? Because you just got a lesson and $2500 is fairly cheap in the larger scope of things. If you want to be a gambler (and that includes any investment/profit or loss scenario like stocks, currency, property, etc), you need to understand variance and variables. This includes analyzing every what if scenario, it's probabilities, and what your plan is if that particular scenario unfolds. Sometimes, the smart decision is to do nothing in regards to a scenario that is low percentage, but you still must be smart enough to understand that the chance of it occurring is possible, and are you prepared to deal with the consequences? A simplified example would be a millionaire that keeps all $1 million in one bank account. Although the chances of his bank suddenly failing is remote, he's only Federally insured for up to $200,000 if that bank fails, so either he is willing to accept an $800,000 loss on that scenario, or he can spread his million out at other places to prevent that bank failing from costing him $800,000.
Not only was Pinnacle going down a possibility, your internet going down, your electricity provider having a problem and shutting off, your mouse breaking, your computer freezing, etc, these were also very small likelihood but possible events. Were you prepared for any of them? Did you have a plan if any occurred, or were you willing to forgo anything in regards to a .003% chance? Maybe one day in the future, you'll have a $25,000 arb, and this time, you'll be better prepared to insure yourself against a similar problem.
As far as Pinnacle being prepared for a DOS attack, I'm sure they were prepared. But criminal hackers are ALWAYS inventing new ways of attack, and it's a cat and mouse game that all companies are suspect to. Annonymous can hack into Federal Government databases, so don't you think highly trained and funded Jewish mafia can invent a new way to deliver a DOS attack on a bookmaker? Pinnacle may be big in the gambling world, but they're still small potatoes in the business world in general, and if powerful governments with almost unlimited resources can be hacked with constantly new methods, you better believe Pinnacle can too. Once they threatened Pinnacle with a DOS attack looking for a payoff, and were refused, then Pinny going down was a likely event. Another small but possible scenario is that Pinnacle went down intentionally and blamed it on a DOS attack. While this possibility is remote, it cannot be discounted, as one never truly knows.
I keep money in many places, some of those being offshore. While I trust the places where they are, I'm experienced enough to know that ANY of these balances can go POOF at anytime for many reasons. It will piss me off it that happens, but I understand it can occur, and I'm not going to be wiped out if it happens at one place. Not only does this include offshore shops, this includes banks, coins, and other more "traditional" places that are all suspect to quick ruin.
Even the value of your Federal Reserve Notes are not completely immune from a fast devaluation, making your savings almost worthless. Sure, that possibility is remote, but not as remote as you might think. Do you have any protection if Federal Reserve Notes collapse?
In regards to your last sentence surprise at Pinny going down "on the biggest sporting event of the year", when analyzed properly, this is actually one of the most highly likely days of a DOS attack. SuperBowl, World Cup final, Champions League finals, are all mathmatically more likely to succumb to an attack that just a random day.
SBR Top-Rated Sportsbooks
Pinnacle Problems!!!
Reply With Quote
