A Well-Known Quant Firm Is Looking for Traders Who Want to Bet on Sports

Discussion in 'Wall St. News' started by Banjo, Oct 30, 2017.

  1. truetype

    truetype

    Or even better, get up bright and early to play against the 4- 5- 6am double-up-to-catch-up stragglers.
     
    #11     Oct 31, 2017
  2. Might be better creating FanDuel and DraftKing algorithms and you can grind out cash on a regular basis.
     
    #12     Oct 31, 2017
  3. newwurldmn

    newwurldmn

    There are guys who do that. The people who make money on FanDuel play thousands of games a week. 99.9% of them lose and the .1% make a lot of money.
     
    #13     Oct 31, 2017
  4. speedo

    speedo

    In the US, we wait until afternoon when the Europeans are drunk :D
     
    #14     Oct 31, 2017
  5. Actually plenty of people make money. Not quit your job money but it is not .1%. Remember FD just takes a rake and pays out most of the money. For example a $2 tourney brings in $23,808 and they pay out $20,000 to top 17%. Cash game payouts are the highest and really best way to make money. Tourneys are more lottery tickets to finish top 50.

    Key is to focus on cash games 80%/20% GPP.
     
    #15     Oct 31, 2017