Thread: Quit job =)
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Old 04-14-2009, 10:55 AM
Colossos159 Colossos159 is offline
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Join Date: May 2008
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Quote:
Originally Posted by given1982 View Post
I guess you left the math to us because yours is completely wrong. If team A wins, you win $5,714. If team B wins, you lose $1. This is obviously a profitable situation, but where are you getting $2,142?
Indeed Given1982, my math was wrong because I didnt do the "greening" part of the arb:

You need to bet:
2777$ on team A
2222$ on team B

to make a sure profit of 555$ which is 11 percent of your total stake (5000$).

thx for pointing this out (nothing goes by you , does it ). Well i'm glad someone actually read the post.
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