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Gambling With an Edge - guest Jason Pipkin

Gambling With an Edge

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What Makes a Volatile Contract?

You can take advantage of volatility in a multiple contract market by basically shorting buying no shares in each contract as they hit their peak value. So on the democratic nomination market I think prior to any votes being cast if you had played perfectly you could have guaranteed yourself about $2,500 in profit. A very close election might be very volatile because results may come in that favor one can't edit then or come in that favour the other. Sometimes markets will flip that's what we call when when one side goes odds on and then the other side and then vice versa a few times during a night.

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