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Started By
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re: Free money on PredictIt
Posted on 6/20/17 at 4:44 pm to HailHailtoMichigan!
Posted on 6/20/17 at 4:44 pm to HailHailtoMichigan!
quote:I'd prefer an Ossoff victory so I consider this a hedge. Like my bet on Trump.
Iosh you are going to be poorer tonight than you are right now
1
Posted on 6/20/17 at 4:52 pm to Iosh
so its 82/18
$18 of thomas = 100 shares (so 0EV)
$82 of kennedy = 141.4 shares
and yeah i know there are fees but i'm just talking about the betting hedge so the fees are irrelevant (b/c they'd apply regardless and keeping 95% after being wrong > keeping 0% after being wrong)
*ETA: if you shift it to 80/20, you basically get 111 shares for Thomas so you get that extra 10%
$18 of thomas = 100 shares (so 0EV)
$82 of kennedy = 141.4 shares
and yeah i know there are fees but i'm just talking about the betting hedge so the fees are irrelevant (b/c they'd apply regardless and keeping 95% after being wrong > keeping 0% after being wrong)
*ETA: if you shift it to 80/20, you basically get 111 shares for Thomas so you get that extra 10%
This post was edited on 6/20/17 at 4:54 pm
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