Re: Bodog DJIA Prop Bet
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FWIW, the Bodog bet is max. $50. So if you're looking to use it as part of an arbitrage, you won't be making much.
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wow, I got all excited for nothing.
I figured out if you buy a dec 22nd call on the DJIA with a strike price of 11200 you would have to pay 2500 (going ask). If you buy a lot of those options and put down the same amount on the bodog under, getting 1.7-1, you would make somewhere between -1% to 31% in 2 months, which is [censored] amazing. I was ready to get 100k on bodog this evening until I read the max bet is 50 bucks [img]/images/graemlins/frown.gif[/img].
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