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JJGOLD Kalshi Is The Exchange We've Been Waiting For!!!!

DiggityDaggityDo

DiggityDaggityDo

Joined
Oct 30, 2021
Messages
42,538
I could get out of everthing and be up over 3 units.

That's that eventual regular daily goal.

But I feel like being a little greedy here, once again because we haven't really scaled this up yet. I keep getting this feeling I can risk it because it's not sick ass crazy amounts, like it was during hte holidays, nfl playoffs, and will be during march madness.

This feeling of smaller amounts not mattering is a real problem for me. Just talked to my wife abut that from earlier.

And here I go again feeling it again.

Hopefully it doesn't cost me.
What are your current Kansas positions?
 

KVB

KVB

Joined
Apr 11, 2023
Messages
18,572
While it says +5.58 units, truth is there was a little less on the tennis and so it's a little closer to +5.15 units.

Still, for a day of trading, not bad. It's what we want to see.


IssueBoughtSold% ProfitPer $100
Kansas ml0.4311.33132.56
Kans +1.50.4611.17117.39
Kans+4.50.5510.8281.82
Parks0.280.591.11110.71
Bartun0.4711.13112.77
Bondar0.450.19-0.58-57.78
L'ville+2.50.4050.22-0.46-45.68
l'ville ml0.080.1651.06106.25
Total
[td]
558.04​
[/td]


This day really started last night as those Kansas buys were done then, nearly commission free. They expire at a dollar, no commission there. That, my friends, is the big difference.

Good day in the lab, good day on the trading desk.

:Peace_5:
 

KVB

KVB

Joined
Apr 11, 2023
Messages
18,572
Ok, I want to show something here. Stick with me, I think it'll be worth it. This probably deserves a thread.

This Houston/Kansas game had a lot of volume. As I showed in the game thread, my Kansas moneyline of .43 cents is equal to a +133 moneyline.

Now, I put that order in the night before, picking the number I wanted to get by offering to sell the opposite at a price different than the market price. I decided, last night, that I liked +133 at minimum, on this game, and the little commission means a limit order is in due, lol. That, to me, meant some EV and the poor guy who took my trade ends up with -EV, as far as I see it.

I felt Houston could get bought up and so I was prepared to lose ground to the market, Circa, Pinny, etc were offering +105 this morning. Kansas got hit. I was already up.

But eventually, as expected, the Houston money came. Did I beat the closer? Well, Circa dealt a No vig line -/+ 133.16 while Pinny wasn't far off of -/+133, DK at 133.6, etc.

The night before, I chose +133 as my line. While the markets were offering +125 at the close, so I beat it, the closing no vig line is the same as my line.

Now, watch the short part at 45:15 in the video below. I also talk about it at the end of Knowing Your Markets at 32:45, also linked below.

Sharp.



:football_:basketbal:graduate:

:Peace_5:
 
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