Re: To hedgers: Adding insult to injury
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pzhon, it was EV to hedge if you got a nice kickback or sign up bonus elsewhere with the same line or better... end of story.
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Oh, and those +EV sign up bonuses elsewhere couldn't have been used at any other time, and required you to bet exactly what was needed to hedge 100%? What an unbelievable coincidence. I thought most of you had made a common, understandable error, and instead you were all optimizing perfectly. My bad; carry on. <font color="white">When was the last time someone admitted being wrong on the internet? </font>
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I think pzhon is my favorite 2+2 poster.
The poster who just called OP pompous is ridiculous. He is pointing out an interesting hedging observation, one that many posters here probably missed. No where is he telling you exactly what to bet, as he notes that is dependent upon your risk tolerance level (3rd paragraph of OP).
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