ODL offers you an iPod Shuffle for $350, wanna order a couple?

by Michael Greenberg
ODL offers you an iPod Shuffle for $350, wanna order a couple?

So how much does an Apple iPod shuffle cost? Appears to be that the answer depends on whom you ask. On Ebay it costs around $35 but ODL offers it to anyone who makes a deposit larger than $1000 for ‘free’.

So why am I saying it costs $300? Let’s do simple math calculating what an average trader’s balance would look like in few weeks time:

  • 50% of traders will end up losing all of their money
  • Another 40% will breakeven – making a few percent more or less than their balance
  • Another 10% will earn 50% on their deposit

Therefore the Expectancy is such: 50%*(-1000$)+40%*(0)+10%*(1500$) = -$350…

So if you really wanna own an iPod, why not buy it directly from Ebay?

Michael

The statement is below:

odl-shuffle-ipod

So how much does an Apple iPod shuffle cost? Appears to be that the answer depends on whom you ask. On Ebay it costs around $35 but ODL offers it to anyone who makes a deposit larger than $1000 for ‘free’.

So why am I saying it costs $300? Let’s do simple math calculating what an average trader’s balance would look like in few weeks time:

  • 50% of traders will end up losing all of their money
  • Another 40% will breakeven – making a few percent more or less than their balance
  • Another 10% will earn 50% on their deposit

Therefore the Expectancy is such: 50%*(-1000$)+40%*(0)+10%*(1500$) = -$350…

So if you really wanna own an iPod, why not buy it directly from Ebay?

Michael

The statement is below:

odl-shuffle-ipod
About the Author: Michael Greenberg
Michael Greenberg
  • 1439 Articles
  • 56 Followers
About the Author: Michael Greenberg
  • 1439 Articles
  • 56 Followers

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