Tag: efficiency

Trading tennis – Some stats on efficient pricing

Caroline Wozniakci crashed out of the US Open last night after starting at odds of 1.10, or a 91% chance of winning. I am the only one thinking that perhaps McIlroy’s should be banned from seeing Caroline at major tournaments?!?!

This is being heralded as a ‘shock exit’. But how much of a shock is it? I looked at all the results from the first round of action at Flushing meadows and it reveals a wonderful thing about the market. …