Thread: Arbs
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Old 12-27-2005, 11:48 AM
NajdorfDefense NajdorfDefense is offline
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Join Date: Feb 2003
Location: manhattan
Posts: 149
Default Re: Arbs

You sell a Eagles to win SB at 1-1 odds.
You buy an Eagles to win SB at 3-1 odds.
You put $100 of action on each.
Max loss = zero, Max win = $200. EV % chance PHL wins times $200. So if 10% your EV is $20.

simple.

Naj
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