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Old 03-16-2005, 08:53 PM
2ndGoat 2ndGoat is offline
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Join Date: Sep 2002
Location: DC Area
Posts: 147
Default arbitrage: $3 risk-free thanks to Syracuse!

I just had to try it.

I bought 5 shares of Syracuse to make the final 4 at $16 on wsex. I sold 50 shares (worth 1/10th as much) for the same event at tradesports at 1.70$. I paid $2 in fees in the mean time, and got a net result of +$3, no matter what Syracuse does in the tournament.

Of course, I locked up $495 for the next 2 weeks in order to do it, and spent 2 hours looking at all this stuff, but damnit, I beat the system!

2ndGoat
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