Is he betting on both sides? or just this alone?
People with lots of money to protect can absorb small losses but big losses would be disastrous
Betting on one side subject you to all the risk if you are wrong.
Betting on BOTH sides and you end up losing one and winning one, and come out even (more or less)
so...Having said that, I know Soros has purposely collapsed economies in the past. Anyone know what he is up to with the rest of his money?
RE: Is he betting on both sides? or just this alone?
There is a way of “betting on both sides” using options to maximize gain and minimize loses. It is a, option trading technique called the Iron Condor.
http://en.wikipedia.org/wiki/Iron_condor
Soros probably uses it.