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JJGOLD Kalshi Is The Exchange We've Been Waiting For!!!!

KVB

KVB

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Apr 11, 2023
Messages
22,053

KVB

KVB

Joined
Apr 11, 2023
Messages
22,053
Baseball seems like it’s gonna be the wild West this year. Lotta parity

Pay attention, Gold.

I don't care about the parity I'm seeking ingame volatility. In fact, in a general sense, that parity helps me.

That Philly move gives the Trader a lot of confidence in the Lab.

There is still work to do.
 

KVB

KVB

Joined
Apr 11, 2023
Messages
22,053
Here's the Small Account trades from last night, which were unwise and forced, to today, when the Lab is all caught up and in action..


IssueBoughtSold% ProfitPer $100
Cle +1.50.270-1.00-100.00
LAC ml0.140-1.00-100.00
Tex ml0.090-1.00-100.00
Philly ml0.150.210.4040.00
Phlly ml0.110.725.55554.55
Total
[td]
294.55​
[/td]



It's worth noting the unit size here today is more than yesterday, which were just 100 contract buys. Still a Small Account, with MLB just plain being different risk for now than something like NCAAB.

But we like what we see in the moneyline department.

I did have Philly +1.5 up but again, that's a buy and hold I did not take. Philly won the game so the Trader sees money left on the table as the Lab liked the Philly comeback to be complete,with a vague notion of them winning by two.
 

KVB

KVB

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Apr 11, 2023
Messages
22,053
Great work with Philly

That timing was pretty good. If I had seen it sooner, I might have been in a little sooner, then again there really wasn't much time to see it until the bottom of the 8th, in sense.

A real confidence booster for sure.
 

KVB

KVB

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Apr 11, 2023
Messages
22,053
If I were just putting 100 contracts in for each one, and not a more consistent risk, this is what it would look like, the per 100 is per 100 contracts. I'd be up $17.00 on that $61.00 win...


IssueBoughtSoldP&LPer 100
Cle +1.50.270-0.27-27.00
LAC ml0.140-0.14-14.00
Tex ml0.090-0.09-9.00
Philly ml0.150.210.066.00
Phlly ml0.110.720.6161.00
Total

[td]
17.00​




[/td]



I show this because this is something that can be done with smaller account. An account can grow if you are patient.

But this way of steady contracts isn't the same as risking the same each play, or very close to the same.

It can be a fine balance, but I think a higher win rate can help more than relying on a big win to cover losses even if that's how it works sometimes.

I may use partial positions once MLB is fully running as some of buys will be very cheap, and perhaps not worth the full unit given the return. That could be a downfall, I suppose it will be decided when the probabilites at the time are determined.

Patience is key here, there is a lot of MLB each day.

Everything is a work in progress.
 

KVB

KVB

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For sure KVB. But usually at least when I have seen it your vibe is spot on more often than not. Look forward to see if you have any leans in the final four this weekend. I believe you wrote you favored AZ?

Arizona Michigan is a tough one. I think that line is in a good spot. Arizona +1.5 isn't a bad look. I think MIchigan -2 is too high and I would take Zona there for sure.

There is a lot of info between now and then, including that first game.

Looking towards Uconn in that game, even if just to cover the spread as well.

Hoping the are some tradeable actions in those games. There will be a lot of volume.
 

KVB

KVB

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The lab feels that if the Cleveland guardians take the lead early, and the lab thinks they will, Dodgers will come back and win, maybe even lay the lumber on em.

I’d like to capitalize on the Cleveland surge, but what if they don’t surge.

What if they surge late?
 

KVB

KVB

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I will probably be taking a lot less pregame positions with daily baseball.

I think seeking value on those moves is the best way to approach it.

Might take quite a move to get the Dodgers cheap, and the Dodgers might come back right away.

These things work against the dodger trade.
 

KVB

KVB

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Actually, not in the office, but wanted to convey some of the thinking based on the Lab’s work.
 

KVB

KVB

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There is also a lot more liquidity on this Cle LAD runline.
 

KVB

KVB

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That Clevland +1.5 is on the radar too.

But this game might be a nasty Under in which case we don't get much.
 

KVB

KVB

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no betting when out of office

I'm back, but if I was still out, which I thouight I might be, I was only permitted to buy if Cle got up 2-0 in the top of 1st, or 2nd.

Something like that, lol.

But that is not going to happen. It might not be tradeable today, we'll see.

Leftover night, I'm gonna make some tacos out of some pork chops.
 

KVB

KVB

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no betting when out of office

This was during NCAAB as that was high paced and well.

It might be a little different in baseball if the trade is simple, if it involves too much, then no can do.
 

KVB

KVB

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That Clevland +1.5 is on the radar too.

Almost picked this up. Tried to get it for .44 cents, but it never went that low, now it's .52 cents. Would require liquidity because I would try to sell it.

And it seems like the liquidity just drops in the book as the game goes on.

Taco time.
 
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