NBA Forum

good option to have

Posted By: docriver
Date: 19 Oct 01, 6:26 pm

In Response To: reversing out to lock in a profit? (newbie)

give the same odds, i would always choose to purchase on WSEX's future markets..however there are generally two problems with this :

1. they tend to shade their markets to the upside...thus if you add the sum of the bids/asks, it will normally be something like 97/127 on 1-pay markets. but the reason for that is simple, most people like to get long...and also you have to put up your max loss if you sell...so selling duke at 25, you'd have to put up even more money, 75.

2. their markets are wide - 5 points or so....so it may become never profitable to get out.

Messages In This Thread

Duke 3-1 NCAA -- docriver -- 16 Oct 01, 6:34 pm

Time value of money -- Harv -- 16 Oct 01, 9:27 pm

good point -- docriver -- 17 Oct 01, 9:00 am

reversing out to lock in a profit? -- newbie -- 19 Oct 01, 6:09 pm

good option to have -- docriver -- 19 Oct 01, 6:26 pm

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