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AFL Brownlow Medal 2018 - CLOSED

Updated: Sep 30, 2018

Investment is underway in the book build for the 2018 AFL Brownlow Medal.

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The 2018 AFL Brownlow Medal market has an implied yield of 53.8%

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Fund: AFL Brownlow Medal 2018

Meta theme: Across the course of the season, lock in the favorites for the medal according to major media awards

Targets: Dustin Martin, Tom Mitchell, Patrick Dangerfield, Nat Fyfe

Risk management: Hedge by selling down positive positions and laying unfavorable players

Implied Yield: 53.8%

Outcome: -64.8%

Final positions

Tom Mitchell ran out to an early lead which led to low volatility across the market and provided limited opportunities for open hedges.

Steele Sidebottom was the major surprise and nearly pulled off a stunning upset. He was not in our betting set and narrowed from over $26 to under $3 at one stage.

The other side effect of Sidebottom's amazing performance was that he stole votes from Brodie Grundy. We managed to lay Grundy for $60 which was our most successful position.

Martin, Gawn, Cripps and Oliver didn't get close at any stage and therefore left our open Lay positions unmatched.

In the end Mitchell ran away with the win with 3 rounds to play leaving us in a loss position of $174 or -64.8%.

Open hedge positions

Successful hedge positions

Final market positions

Opening market positions

#AFL #Premiers #Brownlow

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