71 sats \ 13 replies \ @Undisciplined 22 Nov 2023 \ parent \ on: Stacker Sports- Meta Takeover- Day 141 meta
I think I lost about half my sats last week and only hit on 3/7. I'm using a totally new strategy this week with lots of hedges. I'm on both sides of everything, but if I had used this strategy last week, I would have come out ahead.
Need a confusing esoteric name for your strategy like tradfi would make up.
reply
Ok here is what I came up with "Risk balanced odds arbitrage" and here is what chatGPT came up with "Quantitative Odds Optimization Model".
Who sounded more like an asshole?
reply
I like both of those. Yours is more descriptive but still really vague. ChatGPT's is pure vague jargon salad, while not being actually incorrect.
I think I'll use "risk balanced odds arbitrage" and sound really smart as I continue losing money every week. Maybe spin it off into a newsletter or something.
reply
Haha nice. I didn't balance any risk at all. Odds are crazy right now. Odds on Jags really caught my eye. I bet all underdogs except the 49ers.
reply
Well, according to my very sophisticated Risk Balanced Odds Arbitrage approach that's pretty good.
However, RBOA would suggest that the smarter money is on the Dolphins, Jags, and Chiefs, at current odds.
I have noticed the odds swinging towards the underdogs, though. I think people jump in early and throw money on the underdogs, which makes the odds wonky for a couple of days.
reply
Jets are gonna make my week on a 250 sat bet.
reply
My best payoff right now will be if the Jags beat the Texans.
reply
I bet 1500 sats on that game. Texans are playing well and at home so it could be a good game but Jags are better than them.
I hadn't seen those odds since all that money flooded onto the Dolphins. That's nuts!
J-E-T-S! Jets! Jets! Jets!
reply
First try: VOSH
Vegas Odds-based Strategic Hedging
reply
I like it has an acronym.
reply
Yeah, but you can actually decipher what I'm doing from it, so it needs to be more muddled and pretentious.
reply