The Town Square

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JOHNNY ACTION
FIGHTS BACK! - ACTION ARMY
FIELD MANUAL

THE PREDICTION MARKET DETAIL

THE TOWN SQUARE
READ THE PRICE BEFORE YOU BUY IT.
ADULTS ONLY. NOT A TIP SHEET. NOT A GUARANTEE.

WHAT'S INSIDE
2 START HERE
3 HOUSE AND CROWD
4 READ THE PRICE TAG
5 THE GAP DRILL
6 THE ONE-GAME TEST
7 FOUR REASONS
8 HONEST PAGE, PART 1
9 HONEST PAGE, PART 2
10 QUESTIONS 1 AND 2
11 QUESTIONS 3 AND 4
12 THREE RULES
13 THE TRADE LOG
14 THE TELLS
15 THE TOUTS
16 MARCHING ORDERS
17 WHO TO CALL

START HERE - PAGE 2 OF 17
THIS MANUAL IS FOR ADULTS. IT TELLS YOU HOW TO READ
A PRICE. IT DOES NOT TELL YOU WHAT TO BUY.
THE ONE RULE:
A BETTER PRICE IS NOT A BETTER CHANCE.
CHECK EVERY BOX BEFORE YOU GO ON:
I AM OF LEGAL AGE WHERE I LIVE
THIS IS ALLOWED WHERE I LIVE, TODAY
THIS IS ENTERTAINMENT MONEY, NOT RENT,
GROCERIES OR FUEL
NONE OF IT IS BORROWED
NO STRANGER GAVE ME A TIP
MISSED ONE? CLOSE THIS MANUAL. KEEP YOUR WALLET
SHUT. WE WILL STILL BE FRIENDS.

THE HOUSE AND THE CROWD - PAGE 3 OF 17
THE HOUSE (BETTING APP): SETS THE PRICE, EARNS ITS
MONEY FROM A MARGIN BUILT INTO THE PRICE, PROFITS
WHEN YOU ARE WRONG. IF YOU WIN A LOT, REPORTED:
LIMITED OR CLOSED.
THE TOWN SQUARE (EXCHANGE): THE CROWD, OTHER PEOPLE.
YOU TRADE AGAINST OTHER PEOPLE. FEES ON TRADES,
PLUS THE GAP. YOU ARE ACTIVE. EARNS ON VOLUME, NOT
ON YOUR LOSS.
ONE BUSINESS PROFITS WHEN YOU ARE WRONG. THE
OTHER PROFITS WHEN YOU ARE ACTIVE.

READ THE PRICE TAG - PAGE 4 OF 17
A CONTRACT IS A YES-OR-NO QUESTION. IT SELLS FOR 1
CENT TO 99 CENTS. YES HAPPENS: PAYS $1.00. DOES NOT
HAPPEN: PAYS NOTHING.
THE PRICE IS THE ODDS, PRINTED AS MONEY.
EXAMPLE: YES COSTS 52 CENTS.
WIN: YOU GET $1.00. YOU MADE 48 CENTS ON A 52-CENT RISK.
LOSE: YOU LOSE 52 CENTS.
BREAK-EVEN: 52%. PRINTED ON THE PRICE TAG.
YOUR TURN:
PRICE I WOULD PAY: ________
MY BREAK-EVEN IS: ________

THE GAP DRILL - PAGE 5 OF 17
FIND THE TOLL IN THIRTY SECONDS. EVERY MARKET HAS
ONE.
EXAMPLE: YES 52 CENTS + NO 49 CENTS = 101 CENTS.
THE GAP IS 1 CENT.
1. YES PRICE: ________
2. NO PRICE: ________
3. ADD THEM: ________
4. MINUS 100 = THE GAP: ________
5. FEE, FROM THE FEE SCHEDULE: ________
6. ALL-IN TOLL: ________
BETTING APP, MINUS 110 ON BOTH SIDES: ABOUT 104.8%,
ROUGHLY 4.5 CENTS OF EVERY DOLLAR BET.

THE ONE-GAME TEST - PAGE 6 OF 17
PICK ONE GAME. WRITE BOTH PRICES. DO THE
ARITHMETIC. PAY NOTHING TO FIND OUT.
WHICH ONE CHARGES LESS?
BETTING APP / EXCHANGE / TIE
THIN MARKET? THE GAP CAN BE WIDE ENOUGH TO DRIVE
A TRUCK THROUGH. CHECK THIS MARKET, NOT THE
AVERAGE ONE.
BETTING APP / EXCHANGE / SIDE A / SIDE B / TOTAL / FEE

FOUR REASONS - PAGE 7 OF 17
WHY MANY PEOPLE STAND IN THE SQUARE. READ THE
HONEST PAGES BEFORE YOU BELIEVE IT.
1. THE TOLL IS POSTED. ON BUSY MARKETS IT IS OFTEN
SMALLER. NOT ALWAYS.
2. NOBODY FIRES THE WINNERS. BETTING APPS ARE
REPORTED TO LIMIT OR CLOSE THEM. AN EXCHANGE
EARNS ON VOLUME.
3. SELL ANY TIME. YOU OWN THE CONTRACT. UP BIG AT
HALFTIME? SELL IT.
4. PLAIN CONTRACTS. YES OR NO. A DOLLAR OR NOTHING.
THE PARLAY GIFT SHOP CARRIES THE BIGGEST TOLL.
THAT IS THE CASE. NOW THE HONEST PAGE.

THE HONEST PAGE, PART 1 - PAGE 8 OF 17
PROBLEM ONE: THE LEGAL GROUND IS MOVING.
THE FEDERAL REGULATOR SAYS IT HAS AUTHORITY. MANY
STATE OFFICIALS SAY SPORTS CONTRACTS ARE GAMBLING
AND NEED A STATE LICENSE. COURTS HAVE GONE BOTH
WAYS.
RULES TODAY MAY NOT BE THE RULES NEXT QUARTER.
BLOCKED WHERE YOU LIVE? DO NOT HUNT FOR A
WORKAROUND. A MASKED CONNECTION IS HOW YOU END
UP WITH A FROZEN ACCOUNT AND NO ONE TO CALL.
MY CALL, AND ONLY A CALL: THE HIGHEST COURTS DECIDE
IT. WHAT WOULD PROVE ME WRONG: CONGRESS SETTLES
IT FIRST.
I CHECKED MY STATE TODAY. DATE: ____________

THE HONEST PAGE, PART 2 - PAGE 9 OF 17
FEWER GUARDRAILS. AGE RULES AND LIMIT TOOLS DIFFER
FROM ONE PLATFORM TO THE NEXT. CHECK THAT THE
SPEED BUMP EXISTS.
SHARKS: PROFESSIONALS TRADE HERE WITH BETTER
MODELS AND FASTER FINGERS. A FAIR PRICE IS NOT A
FREE LUNCH.
INSIDERS. SOMEONE ALWAYS KNOWS FIRST.
THERE HAVE BEEN ARRESTS AND FINES OVER NON-PUBLIC
INFORMATION.
A STRANGER OFFERING A TIP IS SELLING YOU OR
RECRUITING YOU.
TAXES. WINNINGS ARE GENERALLY TAXABLE.
ASK A TAX PROFESSIONAL BEFORE YOU TRADE.
KEEP RECORDS.
EVEN AT THE BEST PRICE, THE AVERAGE PERSON WHO
TRADES ON SPORTS LOSES OVER TIME.
THE TOLL IS SMALLER. IT IS STILL A TOLL.

FOUR QUESTIONS, 1 AND 2 - PAGE 10 OF 17
1. IS IT REGISTERED?
NOT "DOES IT LOOK OFFICIAL." IS IT ON THE FEDERAL
REGULATOR'S PUBLISHED LIST OF DESIGNATED
EXCHANGES? A LOOK-ALIKE SITE IS A WEBSITE, NOT AN
EXCHANGE. OFFSHORE CRYPTO "MARKETS" SIT OUTSIDE
U.S. OVERSIGHT.
I FOUND THE EXACT NAME ON THE LIST.
2. IS IT ALLOWED WHERE I LIVE, TODAY?
TODAY'S STATUS, NOT LAST MONTH'S ARTICLE.
I CHECKED MY STATE.
I READ, IN THE PLATFORM'S TERMS, WHAT HAPPENS TO
MY BALANCE AND OPEN CONTRACTS IF IT STOPS SERVING
MY STATE.

FOUR QUESTIONS, 3 AND 4 - PAGE 11 OF 17
3. WHAT IS MY ALL-IN TOLL?
THIS MARKET, NOT THE AVERAGE MARKET. ADD YES AND
NO. READ THE FEE SCHEDULE. COMPARE TO A LICENSED
BETTING APP ON THE SAME GAME.
ALL-IN TOLL: ________
CHEAPER THAN THE BETTING APP. IF NOT, NO REASON
TO BE HERE.
4. WHERE IS MY SPEED BUMP?
SET IT BEFORE THE FIRST TRADE. YOU DO NOT BUCKLE UP
AFTER THE CRASH.
DEPOSIT LIMIT SET
TIME-OUT SET
SELF-LOCKOUT AVAILABLE

THREE RULES - PAGE 12 OF 17
1. THE BOWL RULE. IF THE MONEY HAS A JOB, IT IS NOT
TRADING MONEY. RENT. GROCERIES. FUEL. THE DOG'S
FOOD BOWL.
2. THE UNIT RULE. SMALL PIECES. ONE TO TWO PERCENT
OF YOUR ENTERTAINMENT MONEY PER TRADE IS PLENTY.
3. THE WRITE-IT-DOWN RULE. EVERY TRADE: PRICE,
RESULT, ONE WORD FOR YOUR MOOD.
MY MONTHLY ENTERTAINMENT MONEY: $ ________
ONE UNIT (1-2%): $ ________
MONEY THAT IS NOT MINE TO TRADE: ______

THE TRADE LOG - PAGE 13 OF 17
DATE / MARKET / PRICE / RESULT / MOOD

THE TELLS - PAGE 14 OF 17
IT HAS STOPPED BEING FUN WHEN:
I BET MORE TO FEEL THE SAME
I CHASE LOSSES
I HIDE IT
I BORROW TO TRADE
I CHECK PRICES AT DINNER
I AM IRRITABLE WHEN I CUT BACK
ANY BOX CHECKED: STOP TODAY. CALL 1-800-GAMBLER.
FREE. OPEN AROUND THE CLOCK.
SOMEONE YOU LOVE? SAY IT PLAIN: "I HAVE NOTICED, AND
I AM WORRIED, AND I AM NOT GOING ANYWHERE."

THE TOUTS - PAGE 15 OF 17
"GUARANTEED PROFIT." "RISK-FREE ARBITRAGE."
"PRIVATE SIGNAL, FOR A FEE."
SAME OLD TOUT, NICER SUIT. DO NOT PAY.
A TRADING ACCOUNT IS A BANK ACCOUNT WITH A
SCOREBOARD.
TWO-FACTOR SIGN-IN IS ON
UNIQUE PASSWORD ON EVERY ACCOUNT
I WILL NOT SEND MONEY TO ANYONE WHO PROMISES A
WIN
I WILL NOT MASK MY CONNECTION TO DODGE A BLOCK
I WILL NOT TRADE ON A STRANGER'S TIP

MARCHING ORDERS - PAGE 16 OF 17
TONIGHT: FIND THE EXCHANGE ON THE FEDERAL
REGULATOR'S LIST. SET A DEPOSIT LIMIT BEFORE YOU
FUND ANYTHING.
THIS WEEK: ONE GAME. WRITE THE BETTING APP'S PRICE.
WRITE THE EXCHANGE'S YES, NO AND FEE. DO THE
ARITHMETIC. PAY NOTHING TO FIND OUT.
HOUSE STANDARD:
I WILL READ THE PRICE BEFORE I BUY IT. I WILL TRADE
ONLY WHAT I CAN AFFORD TO LOSE. I WILL NOT BE ALONE
WITH IT.
SIGNED: __________________
DATE: ____________

WHO TO CALL - PAGE 17 OF 17
NATIONAL PROBLEM GAMBLING HELPLINE 1-800-GAMBLER.
FREE. AROUND THE CLOCK.
IN CRISIS: CALL OR TEXT 988
MONEY TAKEN BY A FAKE EXCHANGE: IC3.GOV AND
REPORTFRAUD.FTC.GOV
ACTION ARMY
855-88ACTION (855-882-2846)
PO BOX 3492, PALM BEACH, FL 33480
JOHNNYACTIONARMY.COM
JOIN THE ARMY. FREE PRINTABLE ACTION ARMY ID.
DON'T BE ALONE WITH IT.
THIS IS A FREE ACTION ARMY MANUAL. IT IS NOT
FINANCIAL ADVICE.
JOHNNY ACTION
ACTION ARMY - FIELD MANUAL - A JOHNNY ACTION PRODUCTION