E61 - Sports Betting
Business of Betting Podcast
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How to Bet on Futures Markets
Futures markets are often selling hundred dollar bills for a hundred fifty dollars or two hundred dollars and so that's why I think it's important to be aware unless you actually have a defined not defined but a calculable edge there's a good chance you're embarking on a losing proposition. For more advanced people looking to get into like the mathematical side just like a single gamer or spread you need to come up with some way of coming up with a probability of an event occurring. Make sure that the expectation of return on your futures bet should exceed the opportunity cost you're giving up of having that money away for four six months.
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