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BGonline.org Forums
Reflections on the LA Open
Posted By: Bob Koca In Response To: Reflections on the LA Open (Joe Russell)
Date: Wednesday, 15 June 2011, at 2:30 a.m.
Often hedges are based on further hedging but I think it is better to just ignore other deals. For example let's say Steve and Joe trade 10% of each other. Steve wins first place prize of say $8000. Steve just gives Joe $800 regardless of other deals that had been made.
No matter how it is done be sure to specify I have seen disagreements in the past over this aspect.
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