currently 70/30 at intrade
so no take line in a more liquid two side market saying right price currently is +233 mccain/-233 obama
Ive got about 12% of my bankroll at average odds of Obama -130.
I wondering wether to be greedy and ride it out as a LOCK or protect myself a bit....
If I protect myself, should I wait a bit or grab thes odds of +420 now?
I still remember Last year when BUSH was +300 or more on the morning of the election and wound up winning.
Ive got about 12% of my bankroll at average odds of Obama -130.
I wondering wether to be greedy and ride it out as a LOCK or protect myself a bit....
If I protect myself, should I wait a bit or grab thes odds of +420 now?
I still remember Last year when BUSH was +300 or more on the morning of the election and wound up winning.
Well done. I assume you use Matchbook? Matchbook seems to have good odds on the McCain side (at least as compared to Intrade and it's a market so you don't have huge juice). You might start nibbling on McCain over +400 by making offers to get good prices.
forgive me for this dumb question, but what is the forumula for converting Intrade odds to American Style Pricing.
Say intrade is selling OBAMA at 70, how would I convert that to USA style pricing, ive got a forumla, but I dont think its the simplest one.
thanks