First, I hope all is well with everyone and that they've had a successful holiday season and a Happy New Year. Sorry to have turned my back so suddenly on many friends, but I was given little option and made a choice. I promise we will be in touch soon.
@jjgold you know I'm a trader and you know we've been awaiting an exchange with liquidity where we can trade. We basically have it in Kalshi.
The vig we pay isn't bad for live trading and is easily made up for by a TON of EV that can be extracted from those contracts.
The best part, there is no risk management to hinder the live trading and pregame buying. We can scale here without even worrying about throwing off the risk managment algos. That's even more EV for us.
Even better than that, they will never kick us out or limit our bets.
We can basically day trade games and create a hedge fund out of it as well, and liquidity should be fine for at least the near term, as long we pay attention to the market cycles. Even then, it's a great place to grow a small account or fund a challenge to do so.
This is a game changer for my office. A huge game changer and a treeeeemendous out to add to the business.
Get some.
And now for some words of wisdom...
Keep track of your bets and why you made them.
Also, it's not only what you bet, it's when you bet.
And finally, if you know why a line opens where it opens and why it moves to where it closes then you will go a long way towards winning long term.
@jjgold you know I'm a trader and you know we've been awaiting an exchange with liquidity where we can trade. We basically have it in Kalshi.
The vig we pay isn't bad for live trading and is easily made up for by a TON of EV that can be extracted from those contracts.
The best part, there is no risk management to hinder the live trading and pregame buying. We can scale here without even worrying about throwing off the risk managment algos. That's even more EV for us.
Even better than that, they will never kick us out or limit our bets.
We can basically day trade games and create a hedge fund out of it as well, and liquidity should be fine for at least the near term, as long we pay attention to the market cycles. Even then, it's a great place to grow a small account or fund a challenge to do so.
This is a game changer for my office. A huge game changer and a treeeeemendous out to add to the business.
Get some.
And now for some words of wisdom...
Keep track of your bets and why you made them.
Also, it's not only what you bet, it's when you bet.
And finally, if you know why a line opens where it opens and why it moves to where it closes then you will go a long way towards winning long term.
