3 ms·
If you mean as a percentage of my investment, it’s about 1000%, but I can’t scale up further, so it doesn’t grow exponentially. If I increased my stake tenfold
by Allybag 2y ago
If you mean as a percentage of my investment, it’s about 1000%, but I can’t scale up further, so it doesn’t grow exponentially. If I increased my stake tenfold I wouldn’t be making more bets or more money. It’s like with market makers or Renaissance Technology, I’m limited by the market opportunity so the roi or sharpe ratio or whatever don’t really make sense.
- le-mark 2y agoConcretely the “market opportunity” is volatility in odds movement for a particular event? Or amount of bets on either side of an event? Too bad no exchanges are available from the US. Has anyone gotten around this wit vpn or some such?