Part 4/5:
- Additional Hedged Bets:
- Additionally, profits of $51 and $110 were secured through more hedged bets surrounding Biden's candidacy. The strategy involved betting on Biden's likelihood to both win the nomination and to drop out, capitalizing on discrepancies in the odds present across different pools.
Upcoming Challenges
As the series progresses, it is crucial to maintain a strategy focused on identifying these efficiencies. The trader expressed intent to avoid holding onto positions until maturity in favor of offloading during favorable price adjustments. Rather than waiting until November 5 to determine outcomes, the objective will be to take advantage of price spreads as they present themselves in the interim.