|
|
|
|
#1
12-28-2005, 04:46 PM
|
|||
|
|||
Re: Arbs
[ QUOTE ]
In Najdorf's example, most of us would put $200 on the 1-1 bet and $100 on the 3-1 bet. You win $100 either way then and you no longer care who wins. In the real world, a more typical example would be this bet I placed last weekend: $3,000 on the Cardinals -2.5 +114 to win $3,420 $3,363 on the Eagles +2.5 -110 to win $3,057 If the Cardinals won, I won $57 more than I lost on the Eagles. If the Eagles won, I won $57 more than I lost on the Cardinals. Either way, I win and am one step closer to clearing my bonus and getting paid almost 1% on my money for the trouble. If you can find 1% per week, you earn 52% on the year. If you earn 1% per day, you earn 365% on the year. [/ QUOTE ] 1% a day would actually result in a profit of 3678%. 
|
|
#3
12-28-2005, 06:18 PM
|
|||
|
|||
|
Re: Arbs
[ QUOTE ]
[ QUOTE ] 1% a day would actually result in a profit of 3678%. [/ QUOTE ] Pesky compound interest. Thanks! [/ QUOTE ] I hope you understand that this wasn't a typo. It might look like 365%, but it actually more than 10x that much.
|
|
#4
12-28-2005, 10:17 PM
|
|||
|
|||
|
Re: Arbs
[ QUOTE ]
[ QUOTE ] [ QUOTE ] 1% a day would actually result in a profit of 3678%. [/ QUOTE ] Pesky compound interest. Thanks! [/ QUOTE ] I hope you understand that this wasn't a typo. It might look like 365%, but it actually more than 10x that much. [/ QUOTE ] Oh no. I understood my mistake immediately. I'm new at this and am stunned at the money that is available with relatively low risk. Of course, I could never leverage my whole bankroll into 1% arbs every day because of the need to move money around, but it made me realize that my return is going be much larger than I first thought. So far I'm primarily focused on clearing bonuses, but I think this could be worthwhile when I'm done just on arbs alone. It seems to me that either Pinny or Matchbook have at least one arb almost every time I check.
|
 |
|
|
Hybrid Mode
