Las Vegas sports bettor locks in profit of up to $4.9M on Super Bowl
A Las Vegas gambler has locked in a profit of either $4.9 million or $3.4 million in Super Bowl 60 regardless of which team wins.
Nice work, @KVB
Incredible![]()
Las Vegas sports bettor locks in profit of up to $4.9M on Super Bowl
A Las Vegas gambler has locked in a profit of either $4.9 million or $3.4 million in Super Bowl 60 regardless of which team wins.www.reviewjournal.com
Actually, I have contracts on both NE and Seattle,
You should wait until they release the Crop Report @KVB
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You can only gain $189 profit more.So I ended up with 1,960 Seattle contracts at .39 and 1,330 NE contracts at at .29 cents.
Both LA and Seattle were favored over NE so buy the end of the NFC championship game the SEA contracts went to .68 cents but NE only went to .33 cents.
So I 'm in $1150:
If Seattle wins I get back $1960, about $810 profit.
If NE wins I get back $1330, about $180 profit.
Sell ALL pregame, get back $1772, about $621 profit.
What would you do?
I put an order to sell half of the SEA and all of the NE for a penny better than the market, seeking lower commission when getting out. That line has been sharp and I was on top of millions of orders and millions became on top of me. Nothing budged. Eventually Seattle budged and I sold half the position.
At first I was bummed, because I liked Sea, but then I realized the whole fukkin world likes Sea.
I have pulled my NE sell orders and now hold 980 SEA and 1330 NE at the prices in the first sentence of this post.
I am not done analyizing the game or the markets or the weekend, or Sunday, you know how I do it. When I do I will revisit these contracts and go to market if need be. For now, the plan is to let each team swell in the SuperBowl and likely sell out at higher prices.
You can only gain $189 profit more.
I’d sell all to guarantee a $621 profit:
You’re much better at the above than me and most here but there’s something about just being able to watch the game for fun if you want knowing you already pocketed $621.
Exactly.
Eggs fukkin Zactly.
I will have Sunday report and market outlook that will help guide my decision but I have been doing this a long time and I am pretty confident decisions won't be made until right about or after kickoff.
That's what's great about the exchanges, don't have the vig of the LIVE sportsbook, usually. Sometimes going to market can cost. But often it's then worth it.

Exactly.
Eggs fukkin Zactly.
I will have Sunday report and market outlook that will help guide my decision but I have been doing this a long time and I am pretty confident decisions won't be made until right about or after kickoff.
That's what's great about the exchanges, don't have the vig of the LIVE sportsbook, usually. Sometimes going to market can cost. But often it's then worth it.
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The math says to hold, not hedge.So I ended up with 1,960 Seattle contracts at .39 and 1,330 NE contracts at at .29 cents.
Both LA and Seattle were favored over NE so buy the end of the NFC championship game the SEA contracts went to .68 cents but NE only went to .33 cents.
So I 'm in $1150:
If Seattle wins I get back $1960, about $810 profit.
If NE wins I get back $1330, about $180 profit.
Sell ALL pregame, get back $1772, about $621 profit.
What would you do?
I put an order to sell half of the SEA and all of the NE for a penny better than the market, seeking lower commission when getting out. That line has been sharp and I was on top of millions of orders and millions became on top of me. Nothing budged. Eventually Seattle budged and I sold half the position.
At first I was bummed, because I liked Sea, but then I realized the whole fukkin world likes Sea.
I have pulled my NE sell orders and now hold 980 SEA and 1330 NE at the prices in the first sentence of this post.
I am not done analyizing the game or the markets or the weekend, or Sunday, you know how I do it. When I do I will revisit these contracts and go to market if need be. For now, the plan is to let each team swell in the SuperBowl and likely sell out at higher prices.
The math says to hold, not hedge.