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BGonline.org Forums
Hedging Controversy
Posted By: lenny In Response To: Hedging Controversy (Michael Nielsen)
Date: Sunday, 16 October 2011, at 9:51 p.m.
It's only "worth that" if he can monetize it, as in sell it to somebody. If he can't, it's "worth" = the difficult calculation of his equity in the underlying tournament.
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