Thursday, July 01, 2010

InTrade on LeBron James

As a longtime Cleveland Cavs fan, I have been keeping an eye on the LeBron James resigning saga. Right now, the InTrade odds seem to favor the Bulls, but note that the low volume reveals an internal inconsistency (the probabilities don't add up correctly). For Cavs fans, the disappointing bottom line is that the most liquid market puts only a 29% chance at him returning.

1 comment:

J said...

So it's Miami after all. I summarized the moves as they passed here.