@brettgardner_10@Kane_1200 A colleague of Ed Thorpโs wanted him to meet with Buffet in 68 to assess whether he should put money with him. Thorpe came away from that meeting thinking Buffet would be the richest person in the world. I do understand your point, I just think Warren was too undeniable.
@patefortworth I mean the one doing sports betting could easily make 10s of thousands of dollars in risk free profit from arbitrage, middling and promoโs and would probably double his income over the span of his internship.
@__Max__S__@Dan_Zmann@InGameHQ That's exactly what they do lol. Yass has talked about it. They are having a tough time hiring PM sharps atm. Even on things like rotten tomatoes scores from singular traders they're getting their behinds kicked. But they've been in PM's for so long, they'll be fine.
@Daynlokki@TurdFurgeson100@cookitup31 Ok pop quiz. Say we are bookmakers at fan duel. How are we getting risk free profit from this guy who just bet a 5 leg parlay on all one way markets and the prices have all changed?
@FranNunesEcon@bansh0tenin Right, because finance is synonymous with theoretical economists who use pure mathematics. All those economics majors beating the stem students for position at Jane street I guess?
@Android86084184@BluntsAndBoxing@jackalter I'm not here for the dumb debate between mma and boxing, but tim sylvia would look like khabib vs mercer if he wanted to take him to the ground. Mercer knew this and even said to not take the easy way out with a submission
@Android86084184@BluntsAndBoxing@jackalter The problem with using this as an example is they couldn't legally sanction it as a standup only boxing match, so the fighters had a gentleman's agreement to only box. Mercer broke it with a leg kick early. But nonetheless it was standup only.
@LukaOhtani@Bookiesbff00@AwesemoDFS You do realize that even if I concede you're a profitable bettor, there are MUCH bigger fish in the sea than you in this space? I can get you to that level. First class will be an introduction to probability theory, so you stop making bad mathematical statements.
@ToKTeacher Not sure how well versed you are in sports betting, but I'm sure you know it's pretty much based on expected value and kelly criterion once you've found your advantage, so do you think there could be a better way to go about maximizing returns that aren't probabilistic based?