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Old 09-08-2006, 03:48 AM
pzhon pzhon is offline
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Join Date: Mar 2004
Posts: 4,515
Default 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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