Friday, September 23, 2011

Pick 146: Eslovs-Hasto

This is a match from the Swedish handball Alsvenskan league. Purely picked on the basis that Ladbrokes are asleep on this one and still offering 2.3 for the away win, while the rest of the bookies are offering it at 2.00.
When a great product is offered at a great price you have positive expectation every time you buy it even if you dont know how to use it. To simplify it: You've never used nor will use product X. You have almost perfect information on product X from all the sellers in the area and you've found a seller that is selling it at 70% the average price. You buy the product. The seller realizes he made a mistake in the pricing and corrects it. You have a 30% margin in which you can sell the product and profit. Sounds easy, right:)?

Pick: Hasto @2.3 (Ladbrokes)
Stake: 50

Result: WON

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