#126 Posted: 12/15/2012 6:11:10 AM QUOTE Originally Posted by esplanade: Here are some current prices that seem to have a lot of value. Romney to win the presidency +400 (That's akin to getting him at E to win the nomination and then +150 to defeat obama) That is tremendous value. Newt to win +650 (That's down from 33/1 last week)  If you stagger Newt and Mitt appropriately, that computes to +200 on the pair, which sounds amazing. Alternately obama is available at constructed +150 odds on the electoral count at one of my books. Taking obama +150 & Mitt/Newt +200 is a pretty nice hedge.THE QUESTION IS: What is the chance that neither M/N get the nomination? The most obvious way is that RS or RP win the nomination.......but that isn't happening. Secondarily and probably more likely is that it gets so heated between M/N that neither has enough delegates and they nominate someone else. I know the likelihood of that is low, but how exactly does that work?
explain your swiss cheese roulette/partial hedge for -274 odda  |