Trading in-game volatility (not winners) on live Polymarket MLB - where does this break?
I've been building an automated system to trade Polymarket's live MLB moneyline markets. Want to lay out the core logic and have people poke holes before I risk real money.
The core mechanic (legging into a locked position):
- Buy one side of a game cheap early — e.g. an underdog at ~$0.35 once odds settle after first pitch
- If the game swings and the other side gets cheap (my team takes a lead, opponent now ~$0.35), I buy that side too
- Combined cost under $1.00 = locked profit no matter who wins
The catch: this only completes if the game actually swings. In a blowout my first leg drifts toward zero and I eat the loss. So I'm really buying volatility - betting on games that swing more than the market expects, not on a winner.
Where I think the edge is:
I model per-game volatility from Statcast pitcher-vs-batter matchup data — basically how prone a game is to scoring bursts and lead changes. The thesis is that Polymarket's live odds underprice volatility in specific matchups.
What I want advice on:
- Is "buy volatility by legging in" actually viable given live MLB Market Makers on Polymarket?
- I have a volatility model but no standalone win-probability model yet. Am I right that I need both — one to pick games, one to price the first leg?
Not looking for picks. Looking for the reasons this won't work.