Look at this dumbass throwing money away. Damn, you got him good Gabe.Originally Posted by Vaughany
Total profit (excluding arbs): +698.919 units
I agree nunya but v does this as he anticipates how the market will move
Let's say you bought appl at 300 do you sell now or hold
That is how I view arbing
You're looking at it wrong. There are people who arb all day for a living. No one says you can't make a profit in arbitrage. I contend that if Vaughany wasn't arbing and he kept his position on the soft side only, he'd be up many times that amount.Look at this dumbass throwing money away. Damn, you got him good Gabe.
I used to be an arber too. I think everyone who has the time and inclination to lineshop does it for at least a while. My profits increased dramatically when I stopped doing it (although my variance went through the roof.)
I got him good? I wasn't trying to "get him," you fool. I was curious if he was so confident in anyone on this particular card where he didn't feel the need to arb out. Was that a bad question to ask?Look at this dumbass throwing money away. Damn, you got him good Gabe.
BTW- if he didn't arb, his total profits would be a lot more than that (unless most of his picks are losers)... so your post is completely dumb and redundant. In other words, you said "He profited +689.919 units when he could have profited +1,486.842 units. Look at him throwing away money. Damn, you got him good Gabe."
Um, I guess I did? Wasn't my intention, though. But thanks!
Nun, which State are you in?
Why did you have to come in here with intelligent conversation, Nunya? I know what you're saying. I just wanted to get a shot in.
But so much of Vs stack is due to errant lines, very low percentage unit sizes, and it could be higher is what he's saying.
"Get a shot in." LOL Making yourself look like an idiot by saying something stupid isn't getting a shot in.
If Nunya hadn't agreed with me, this could have been an argument that went on for days.
That argument would hold more merit if arbs constantly had 60% edges and near unlimited scalability.I agree nunya but v does this as he anticipates how the market will move
Let's say you bought appl at 300 do you sell now or hold
That is how I view arbing
Sportsbetting has small limits, small edges, and juice to be paid on both sides. In addition you have to manage numerous bankrolls and keep from being noticed.
The more reasonable argument is, you bought Apple at 300, thinking it had great value at the time. The next day its at 303 do you sell? If its at 500 a few years later, did you make a mistake?
So getting a good line automatically means that side wins?In other words, you said "He profited +689.919 units when he could have profited +1,486.842 units.
OaxacaNun, which State are you in?
That argument would hold more merit if arbs constantly had 60% edges and near unlimited scalability. Sportsbetting has small limits, small edges, and juice to be paid on both sides. In addition you have to manage numerous bankrolls and keep from being noticed. The more reasonable argument is, you bought Apple at 300, thinking it had great value at the time. The next day its at 303 do you sell? If its at 500 a few years later, did you make a mistake?
how i've transitioned from disliking you to loving you.
oh my. (george takei voice)
If you have x% edge over several hundred trials your results should converge pretty well, if you're not overbetting.So getting a good line automatically means that side wins?
Let the record show that you're agreeing with me preemptively.If Nunya hadn't agreed with me, this could have been an argument that went on for days.
Did you see me talking about getting good lines or arbing against guys he's confident in? Think before you say anything. Seriously.So getting a good line automatically means that side wins?
