I have all kinds of questions, but I don't PM. How the hell do you get a "distinct edge" playing roulette? I think they have been trying to figure that out since long before I was born. If they let you go to Las Vegas and bet on what people are probably going to do, you could make some consistent money.
If money is net flowing into futures markets, it is firmly positive sum. If money is net flowing out of futures markets, it is firmly negative sum. If money is net unchanged in futures markets, it is slightly negative sum.
you know, the thing I found that is even better than cheating, is just buying a table and taking bets.
OK, something else got into my mind. With stocks you usually get dividends. But where the stock dividends disappear with the E-mini futures / S&P 500 stock index?
With S&p 500, dividends have no effect. One or two companies with good div., has to deal with the other companies which may have a missed earnings. Equals out.
They are accounted for in the market price of the contract (as are interest rates). This should help: http://indexarb.com/dividendAnalysis.html