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Is there any possibility of unwinding the distortion caused by site fees, time-value issues, and other market imperfections to recover the true odds implied by

by Imnimo 3y ago

Is there any possibility of unwinding the distortion caused by site fees, time-value issues, and other market imperfections to recover the true odds implied by the betting markets, or is it just too complicated for that to be feasible?

OscarCunningham 3y ago
Yes, but instead of getting a single number you'll get a range. Like it might be that if the probability of Biden winning the election is anywhere between 49% to 55% then it's not worth betting for him or against him. The worse the imperfections are the wider the interval gets.