This odds line is completely wrong and I'm taking it โ risk management is fully in control.
Current odds: 1.95, implying 51% win probability. My model puts his actual win probability today at 67%. That's a 16 percentage-point mispricing โ that's large.
Why is the line off? Retail money is flooding the other side so the bookmaker pushed this price up to balance the book. That's the opportunity. Position size is 8% of bankroll โ within my risk parameters. Anyone else seeing this or have a different model?