Gambling agreements are a favorite financial method of making money among American financial institutions, especially the financial giants on Wall Street.

To explain in professional terms, a gambling agreement is an agreement between the two parties in the contract regarding the specific content involved in the contract and the uncertain future situation. If the situation agreed by one party occurs, then this party will win the game.

By betting on an agreement, you can gain huge benefits from the other party to the contract.

To put it simply, it is a gamble between two madmen on something unknown.

For example, before 2012, you bet that Obama would be re-elected in 2012, and he bet that Romney would come to power in 2012. The bet was 10 billion US dollars.

If that day comes and Obama is re-elected, you will get his 10 billion US dollars. If Romney comes to power, sorry, you will have to give him 10 billion US dollars.

Even to put it crudely, it is okay for everyone to bet on whether Xiao Tiantian will wear underwear when going out tomorrow. This is also within the scope of the betting agreement.

Do you understand?

In fact, the betting agreement is about an event that has not happened yet. Two people have different opinions and use this matter to bet. Within the effectiveness of the agreement, whoever's views and predictions are correct will win the bet.

Gambling agreements in the financial world are even more diverse, ranging from the ownership of a company to the ownership of a patent. Everything can be gambled.

As it happens, Wall Street financial giants such as Merrill Lynch, Morgan Stanley, Goldman Sachs, etc. are masters of betting agreements.

Often companies from developing countries in China gamble with them with great confidence, and end up losing so much that they don't even have to wear their pants.

Even Japan, South Korea and some countries in Europe have also been cheated by the Wall Street group, but there is an endless stream of people willing to bet against them.

The reason lies in the word "greed".

If you don't covet the delicious bait thrown by these bastards on Wall Street, how can they possibly deceive you?

If you don’t think highly of yourself and think you are better than the Wall Street giants who have been playing financial tricks all your life, how could you finally find out that you are actually grabbing the property you have worked hard for your whole life and giving it away to others?

Danze is engaged in the electronics industry, and there are many gambling agreements in this industry. Danze relies on them to earn a lot of commissions.

As soon as he heard that Xiao Qi was actually going to bet, Danze immediately became energetic and said, "Mr. Xiao, how do you want to bet? Which aspect?"

Anthony knew the methods of these greedy giant crocodiles. Hearing this, he quickly reminded Xiao Qi: "Mr. Xiao, you must be careful!"

Raising his hand, Xiao Qi signaled Anthony not to interrupt, and continued: "You like to bet on futures the most, so let's bet on oil prices."

"good!"

Oil price futures are a required course for every financial expert on Wall Street.

Although Danze is not very proficient, some basic knowledge is still very solid.

"How do you want to bet, what is the method, and what is the stake?" Danze asked without pause. When speaking, his eyes were fixed on Xiao Qi, meaning not to give him a chance to back down.

Danze's behavior made Xiao Qi want to laugh. If he knew who he was relying on, he would probably be in agony for his eagerness to take the bait.

On the surface, Xiao Qi is still like many young people who have been humiliated, saying "without restraint": "It is April 2007, and the price of oil is on the rise. I bet that starting from July, the price of oil will continue to rise all the way."

If it declines, there will be no chance of rising this year.”

Danze laughed dumbly.

Aren’t these Chinese people crazy?

Since last year, the price of oil has been fluctuating upwards from more than 20 US dollars, and now it has climbed to more than 50 US dollars. Although the internal information of the company I obtained is very vague, my judgment on oil prices is still stable and rising. Why?

Maybe it will decline all the way in the second half of the year and there will be no chance to turn around?

Does he think he can be better than the thousands of intelligence agents and analytical masters in the entire Merrill Lynch Securities and Futures Department?

What a joke!

After thinking about it, Danze deliberately showed contempt again, "It sounds interesting, but what is your bet? We won't accept it if it's too little!"

"Crack!"

Xiao Qi threw a card on the table, and Danze could tell at a glance that it was Citibank's platinum card, which is exclusively for customers with assets of more than one billion U.S. dollars.

He was shocked.

Across the United States, rich people with more than one billion US dollars are all registered people, and they are also the customer group that Merrill Lynch pays most attention to.

Why does this young man have no impression at all in his database?

Could it be that I did something reckless?

"You can go to Citibank to check based on this card number." Xiao Qi said coldly, "I will freeze the deposit of one billion US dollars and bet with Merrill Lynch. Starting from July 1st, it will last until January 1st next year.

As of the end of the day, as long as the New York oil futures price exceeds 80 US dollars per barrel, for every dollar that rises, I lose 50 million US dollars to you! But as long as the US dollar falls below 70 US dollars, for every dollar that falls, Merrill Lynch loses to you.

How about my fifty million dollars?"

"hiss……"

Anthony took a breath of air-conditioning, the little boss was really too gambling.

If the price of oil rises by more than 20 US dollars, then the small boss's one billion US dollars will be wasted. This is a huge gamble!

Even Danze couldn't help frowning and looked at Xiao Qi seriously for the first time.

Xiao Qi followed his example and didn't give him a chance to think, "How about it, Mr. Danze, do you have the guts at Merrill Lynch Bank to gamble with me?"

Danze did not answer him, but took a pen and quickly wrote on the paper the content of the bet that Xiao Qi just mentioned. After making a phone call, he said sorry and ran out quickly.

Anthony and Xiao Qi were the only two people left in the office.

After looking around first, Anthony lowered his voice and asked Xiao Qi: "BOSS, do you really have no official background in China? Or have you done special research to dare to bet against Merrill Lynch like this?"

The lawyer who had calmed down from the huge gambling agreement worth one billion US dollars did not believe that Xiao Qi was an irrational person. At such a young age, he actually dared to come to the United States alone to discuss business, and he was a high-ranking person that the Chinese people have always disliked.

In the technology industry, this is definitely not something that can be described as a simple "whim".

Either this boy is an idiot, or this boy is a genius.
Chapter completed!