I hedged the “Hail Mary”

Just a thought,  but I wonder if it’s the case that improbable events in sports follow a similar distribution to deviant events in the capital markets. When one thinks about it, they have many of the same elements. Humans are making decisions clouded by the intensity of a situation and there is a feedback based on performance. Also, very unlikely events occur much more frequently than they should. Just a thought.

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One Comment on “I hedged the “Hail Mary””

  1. quantum probability Says:

    yum, sabermetrics.

    What would be the outcome of making higher-moment-based trades in sports markets? On the market itself, I mean.

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