Tuesday, October 05, 2010

The intersection of interests in my life

Since I'm a Pirate season ticket holder and a fair amount of my research efforts go to gambling markets, I appreciated this bit from Deadspin; the original post is here. It's about an individual whose gambling strategy for the entirety of last season was betting against the Pirates. Here's the spreadsheet showing the results. It's a mixture of run line and money line bets; nonetheless, at the end of the season, he posted a 9.98% gain. Vegas didn't value the Pirates low enough!

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