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

KVB

KVB

Joined
Apr 11, 2023
Messages
17,857
Bye Bye +16.5 at an 86% loss, again not a full position lost here.

Still holding the totals for a gain, but watching closely.

Here comes Syracuse, down to an 18 point game. I didn't hold for the final spurt. That's ok, it's more important to maintain discipline, Totals will help make up for the loss take, at least to an acceptable level. Such was the long and short of the hedge.
 

KVB

KVB

Joined
Apr 11, 2023
Messages
17,857
Amidst the Syracuse comeback I did manage to get back into +16.5 and +13.5.

May get some of this earlier loss back.

I will need the +13.5 to make it meaningful.

Totals have already paid.
 

KVB

KVB

Joined
Apr 11, 2023
Messages
17,857
So it was frantic but with the Totals paying, and I was looking for the Syracuse push, which came late, so getting back in after being shaken out was a good move.

I basically broke even trading the first game noting that all of the bets made, the Syracuse spreads and Totals, were the winning bets. Also noting the expected Syracuse push, it was just stretched to very late, which was in the cards, but not likely enough to hold.

It's not often I get shaken out, just scroll back to the USC story a few posts back, but for this Monday, in this environment that's what was decided and discipline is important, from the beginning.

It's always a ride on the trading floor, lol.

Looks like the Kansas/TTech TOTALS have already swelled. May get out of this day with profit after all.

:popcorn:
 

KVB

KVB

Joined
Apr 11, 2023
Messages
17,857
short NC on larger spreads, like 13.5 and 16.5

...they may not be a bad pregame bet at +12 or so but I'm not talking about that line here.
I've also put in orders for OVER 148.5 and 151.5 for NC and Syracuse.

These posts aged well.

These orders are not meant to be taken to fruition,

This one not so much.

"Sports betting can have a way of making you look smarter than you are and a way of making you look dumber than you are."

--KVB


Somehow, this fukking game managed to make me look both in a breakeven affair.

Unreal.
 

KVB

KVB

Joined
Apr 11, 2023
Messages
17,857
How do you become a market maker?

Limit orders. By providing limit orders on the book you are creating liqhidity. You are MAKING liquidity.

By just buying whats immediately offerd, you are TAKING liquidity from the market.

Kalshi will reward you with cheaper commissions for placing those limit orders and having them rest there in the order book.
 
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