Optiver Market Making Game
🚥

Optiver Market Making Game

 

Dice

2 dices, take the sum
Item
概率 pp
Decimal odds
EV计算
是否正EV
2 or 3
1/12
9.8
0.0833×9.8 ≈ 0.817 < 1
❌ 负EV
4
1/12
9.8
0.817 < 1
10
1/12
12.0
1.000 ≈ 1
⚖️ 公平(零EV)
6,7 or 8
4/9
2.5
0.4444×2.5 ≈ 1.111 > 1
✅ 正EV
11 or 12
1/12
13.1
0.0833×13.1 ≈ 1.092 > 1
✅ 正EV
Even
1/2
1.9
0.5×1.9 = 0.95 < 1
❌ 负EV
Odd
1/2
2.1
1.05 > 1
✅ 正EV
For the above even and odd:
It’s possible for a risk-free arbitrage.
 
 

Coin

3 coins, head H and tail T.
Item
Odds
Probability
EV
正/负EV
All three identical
3.3:1 (4.3)
0.25
0.25×4.3 - 1 = 0.075
✅ 正EV
More heads than tails
0.8:1 (1.8)
0.50
0.5×1.8 - 1 = -0.10
❌ 负EV
More tails than heads
0.9:1 (1.9)
0.50
0.5×1.9 - 1 = -0.05
❌ 负EV
Alternating (HTH/THT)
3.3:1 (4.3)
0.25
0.25×4.3 - 1 = 0.075
✅ 正EV
 

Card

sum of 3 card to trade a market.
 
 
 
2 Cards Sum CDF25 / 25
Num countCumu. countCDFProduct
1169126
21680.9940828425
31660.9822485224
41630.9644970423
51590.940828422
61540.911242621
71480.8757396420
81410.8343195319
91330.7869822518
101240.7337278117
111140.6745562116
121030.6094674615
13910.5384615414
12780.4615384613
11660.3905325412
10550.3254437911
9450.2662721910
8360.213017759
7280.165680478
6210.124260367
5150.08875746
4100.05917165
360.035502964
230.017751483
110.005917162
2 Cards Product CDF72 / 72
Num CountCDFCumu. CountProduct
11169169
20.99408284168156
10.98224852166144
20.97633136165143
20.96449704163132
20.95266272161130
10.9408284159121
20.93491124158120
20.92307692156117
20.9112426154110
40.5917159810048
20.89940828152108
20.568047349645
20.88757396150104
20.556213029444
10.87573964148100
20.54437879242
20.8698224914799
40.532544389040
20.8579881714596
20.508875748639
20.8461538514391
50.497041428436
20.8343195314190
20.467455627935
20.8224852113988
20.45562137733
20.8106508913784
20.443786987532
10.7988165713581
40.431952667330
20.7928994113480
20.408284026928
20.7810650913278
20.39644976727
20.7692307713077
20.384615386526
40.7573964512872
10.372781076325
20.7337278112470
60.366863916224
20.7218934912266
20.331360955622
20.7100591712065
20.319526635421
10.6982248511864
40.307692315220
20.6923076911763
40.284023674818
40.6804733711560
30.260355034416
20.6568047311156
20.242603554115
20.6449704110955
20.230769233914
20.6331360910754
20.218934913713
20.6213017810552
60.207100593512
20.6094674610350
20.171597632911
10.5976331410149
40.159763312710
30.13609467239
40.1183432208
20.09467456167
40.08284024146
20.0591716105
30.0473372884
20.029585853
20.0177514832
10.0059171611