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re: Futures trading on movie ticket sales?
Posted on 4/18/10 at 2:17 pm to Tiger JJ
Posted on 4/18/10 at 2:17 pm to Tiger JJ
quote:
Come March Madness, we used to trade instead of doing brackets. It was pretty cool. The winning team ends up worth $64 and all other teams end up worthless. You could buy and sell all teams. I used to buy the 8 seeds and lower for a total of $1.
We did it for the NFL playoffs. Have an auction and then a secondary market. I bought the Ravens at auction for 6 bucks and turned around and sold 'em for twelve after they won in the WC round. We did it again for the NCAA tourney, but I missed that auction.
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