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20 sats \ 5 replies \ @denlillaapan 17 Apr \ parent \ on: Degens' Meetup #2 — Free Sats Waiting on UEFA Champions Legue Market on Predyx Stacker_Sports
yeah, just did.
It's a tad fishy; arbitrage shouldn't be this easy.
But I just paid (275+272+134+219)=900 sats for four 1,000-sats contracts... one of them is going to pay of, and give me a nice, juicy 11% return
Is it because there's so much liquidity in the bet that arb purchases haven't moved the odds price?
Yeah. Liquidity + some bets on the disqualified teams.
You will get 11% for sure. If you sell your shares for the would be disqualifiers midway through the semis, you can even win more.
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Well, that's hoping there isn't a turnaround in the games!
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No. Actually we're still not many at Predyx so it's easier to get out with sats even after the results are declared.
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Weird weird weird
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Nothing's weird in love and betting!
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