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Bought Abelardo de la espriella to win the FIRST round of Colombia's election at 16 cents.
The market says 84% Cepeda.
I'm taking the other side.
Risk: $365.
Payout if right: $2,173.
A 6-to-1 asymmetric shot.
The market prices polls.
I price the street.
And the street has more Abelardo support than 16 cents reflects.
Resolves May 31.