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Author: psuasskicker6 Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 5887  
Subject: Re: NFL picks Date: 1/16/2006 8:56 AM
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I bet 5 units on Pittsburgh to win at +340.

Can someone tell me what this means? I seriously have no clue.

Well, we each have about 83 contracts with the Broncos, which are trading between 36 and 37 right now. That values it a little over $300. I think I'm likely going to sell off 60 of my contracts, and let the rest ride simply because the Broncos are undefeated at home this year.

I also took up a position in Seattle at just under 25, cause I'm frankly shocked they're only even money to win it all right now. I think they're the favorite, especially if Alexander's gonna play. Plus, if Pittsburgh wins this week, I think they become the clear favorite, so there's lots of upside there as well.

What that'll likely mean is that this week I'll have $90 on the Broncos, and $50 on the Seahawks (all profit from the Broncos buy originally), which makes me extremely comfortable. If both teams win, I'd expect that money will turn into ~ $135 on the Broncos and ~ $90 on the Seahawks. At that point I think I dump it all and stop caring about who wins the big game.

- C -
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