In the first part of this two-part examination of Entity Wagering I hoped to better define the concept and took a strong stand against it. "Entity" is a manufactured word here meaning a mutual fund joining a group of bettors together to make one large bet or series of bets to gain a market advantage. Accumulated together to produce an ongoing investment dividend or payoff. What makes this concept really different is asking whether we're traditionally judging the results of a company's sales performance and current market value versus the performance of handicapping wagering on sporting events. HUGE DIFFERENCE number one. And there are plenty of others.