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

2rosy said:
better is to create the betting exchange and collect tolls.
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It's a pretty competitive mkt for a liquidity provider... On the other hand, it's also quite inefficient if you're a participant, at least for now.
 
It makes sense. Lots of participants who aren't informed and aren't driven strictly by profit.

One of my friends who graduated from HBS had a colleague who started a NASCAR fund. They found statistical edges largely caused by drunk fans.
 
newwurldmn said:
It makes sense. Lots of participants who aren't informed and aren't driven strictly by profit.

One of my friends who graduated from HBS had a colleague who started a NASCAR fund. They found statistical edges largely caused by drunk fans.
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I think any space where there's likely to be a large amount of betting based on emotion is bigly good. But then again, all of this is pretty well-known and covered Moneyball stuff, innit?
 
Martinghoul said:
I think any space where there's likely to be a large amount of betting based on emotion is bigly good. But then again, all of this is pretty well-known and covered Moneyball stuff, innit?
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The concept of sabremetrics is known but I bet not practiced by many (in terms of "buyside" dollars) in the gambling community.
 
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