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Prices on TradeSports are easy to understand. Heres why: |
| 1. |
The outcomes of sporting events trade between 0 and 100.
If you buy the Yankees to win at a TradeSports price of 25, the market is
saying theres a 25% chance they will win. If you back the Yankees
and they win your trade rises and ends at 100. If they lose your trade falls
to end at 0.
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| 2. |
Its just like betting. On TradeSports, buying
contracts for the Yankees to win at a price of 25 is the same thing as backing
the Yankees at 3/1. Thats because buying at 25 to make 75 (100
25 = 75) is the same payout as 3/1. |
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- A TradeSports price of 20 is the same as 4/1 because buying at 20 gives you a potential to make 80. Buying at 20:80 is the same as 4/1.
- A TradeSports price of 50 is like betting at evens.
You risk 50 to make 50. Here though theres no lay $110 to win
$100 you get at the bookie. We dont charge vig, just a per contract
fee of 4 cents.
- When you buy at a TradeSports price above 50 your risk
is greater than your potential reward. A TradeSports price of 67 is the
same as 1:2 because if youre right you make 33 ticks (100 67
= 33). If youre wrong, you lose 67 ticks 0 67 = - 67). Thats
because 33 to make 67 is the same ratio as 1:2.
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| 3. |
You control the risk. Each tick of a TradeSports price
trading between 0 and 100 is worth 10 cents of risk or reward. If you wanted
$100 of risk on an evens bet, you would buy 20 contracts at
a TradeSports price of 50. (Thats because 20 x 50 x 10c = $100 risk.) |
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| 4. |
Low fees TradeSports charges 4 cents on each purchase
and sale. So, buying and selling those 20 contracts will cost $1.60
thats
all. |
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See all the prices converted to fixed or money line. |
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| See how Superbowl XXXVI traded Better than a bookie Close Window |