You have Rutgers +123 on the ML. Then within 30 minutes they are bet off the board to +107 ML .
Now you can get St John's -1 -109 or ML -117 (8 cents to avoid the push)
Do you stay with the original and look to be on the "right" side at the right time. Or do you buy back St John's -1 or even lay the extra 8 cents and have a 6 cent scalp. Or do you wait and see if more Rutgers money comes in giving you a +100 or better on St Johns?
The is more or less a rhetorical question. But interested to see how people wold appraoch this game/situation. I do not think there is a "wrong" answer here either among the choices I list. I think it is more or less a personal choice.
So since we have been on the middling/arbitraging/value theme the past week, thought this one was a perfect example.
Now you can get St John's -1 -109 or ML -117 (8 cents to avoid the push)
Do you stay with the original and look to be on the "right" side at the right time. Or do you buy back St John's -1 or even lay the extra 8 cents and have a 6 cent scalp. Or do you wait and see if more Rutgers money comes in giving you a +100 or better on St Johns?
The is more or less a rhetorical question. But interested to see how people wold appraoch this game/situation. I do not think there is a "wrong" answer here either among the choices I list. I think it is more or less a personal choice.
So since we have been on the middling/arbitraging/value theme the past week, thought this one was a perfect example.