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BGonline.org Forums
Hedging Controversy
Posted By: Casper van der Tak In Response To: Hedging Controversy (Matt Reklaitis)
Date: Monday, 17 October 2011, at 8:13 p.m.
That is why I liked X/1500 * winnings. I feel that A must accept this (otherwise his 1500 statement was dishonest), while B should recognize that A is entitled to some value (assuming A acted in good faith).
In the alternative formulation I saw - 1500 AND participation - I don't know any nice argument, there I like Neil's practical solution.
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