3 ms·

Interesting if true. Do you know where I would look to find the numbers for this? Also, do you have sense of how such an arbitrage opportunity managed to stay

Interesting if true. Do you know where I would look to find the numbers for this? Also, do you have sense of how such an arbitrage opportunity managed to stay open.

pitnips 13y ago
Second question needs an answer. If there really was an arbitrage opportunity, it couldn't have lasted more than a few seconds. I doubt the "arbitrage opportunity" is taking into account all relevant factors.
- arthurjj 13y ago
  If I remember correctly this was a few months before the election and since Intrade would hold the money in escrow the amount you would make off of interest was fairly close to the arbitrage opportunity
  - pitnips 13y ago
    So effectively there was no arbitrage opportunity.
Marazan 13y ago
I you do a search for something like 'intrade betfair obama arbitrage' then you'll find plenty of site who were discussing it. The size of arb varied but it was persistently there for months varying from a couple of percentage points (that didn't make it worthwhile considering currency risk) to over 20% at one point.