WildBill said:
I was thinking the opposite. Options are like in-game betting, because if you get ahead at any time, you can sell the put or call. Future bets are like straight bets to me, since it's a one-time proposition. What's interesting to me is the options market, and how it relates specifically to sportsbetting. The market maker is almost exactly like a bookmaker. He is just taking bets on what the stock is going to do. The contract is with him, and not someone on the other side, like when you buy and sell stock. It's really just financial markets bookmaking.
