Smooth Air

[The Indomitable DrugS]

Originally Posted by justindew

I have a $100 future wager from Pool 1 that will pay me $16,030. If anyone wants to buy it from me, let me know. I am willing to sell.

They have exchange markets - where he will probably trade at around 35/1 or 40/1 on Derby day.

You could bet $100 against him which will result in about a $4K liability.

That way, if you aren't crazy about his chances anymore, you could recoup your initial investment and still make a 12K profit if he somehow wins.