I have 1.9 unit to win 1.5 on Marlins. What's the correct buy out? .50 to win .80 on Nats if +160 or more?The oddsmakers opened the no-vig Marlins line at -109. In less than 24 hours and no knew material information, the market sent the no-vig line to -160.
Buying back about half of my overnight position for a huge arb. Still will leave a small/medium play on the Marlins/
Will buy 25% back of what i wagered and Marlins will remain a small play. Should hit +160 or more.That would certainly warrant a buyback and then some. According to your valuation, you are leaving +EV on the table by not buying into the Nats (assuming you do not implement a margin of safey on your valuation).