1. 04-07-14 12:10 PM #1
    BlurredOut
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    Hedging Hep

    I wanted to weigh some different opinions on how to deal with this:

    I will win a $1 for $2950 pool if UConn wins tonight. Yeah, I got pretty lucky. Anyway, I want to be guaranteed some money - and I have a hunch that Kentucky will win.

    With the spread at -2.5 for Kentucky and ML at -150, how would you hedge this, personally?

    No right or wrong answer. Just curious about the responses.
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  2. 04-07-14 12:18 PM #2
    THam12
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    Depends.
    How much do you have that you can put on kentucky?
    I personally would throw 1050 on them. To win 700.
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  3. 04-07-14 12:19 PM #3
    BlurredOut
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    I can put up 1600 max
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  4. 04-07-14 12:31 PM #4
    THam12
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    Quote Originally Posted by BlurredOut View Post
    I can put up 1600 max
    You okay with winning 700 on kentucky; and about 1900 if uconn wins?

    You can do 1050 to win 700 or 1200 to win 800 or 1350 to win 900 or 1500 to win 1000.
    I kinda like 1500 to win 1000. Kentuxky wins, you win 1k. Uconn wins you win about 1400. And you get a nice relaxing night waiting to see how much you get.
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  5. 04-07-14 12:42 PM #5
    BlurredOut
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    thanks for listing the different options. it helps me decide better. guess it will come down to who I think will win. gonna do some research and see which side i'd rather be on.
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  6. 04-07-14 12:44 PM #6
    THam12
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    Quote Originally Posted by BlurredOut View Post
    thanks for listing the different options. it helps me decide better. guess it will come down to who I think will win. gonna do some research and see which side i'd rather be on.
    Yessir
    Honestly.... take the guaranteed payday
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  7. 04-07-14 01:23 PM #7
    suicidekings
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    This is not a good game to gamble on. Super competitive, and in all likelihood, this will come down to the wire and be decided in the last 90 seconds. Bet the entire $1600 on KY to pay out $1067, leaving you a possible $1350 payday on UConn, and sit back and enjoy the game.
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  8. 04-07-14 01:26 PM #8
    THam12
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    Quote Originally Posted by suicidekings View Post
    This is not a good game to gamble on. Super competitive, and in all likelihood, this will come down to the wire and be decided in the last 90 seconds. Bet the entire $1600 on KY to pay out $1067, leaving you a possible $1350 payday on UConn, and sit back and enjoy the game.
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  9. 04-07-14 01:39 PM #9
    BlurredOut
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    I agree suicideking. this game will be great to watch, but terrible to bet!

    that being said, I think I've settled on 1500 to win 1000 for UK ML, with the opportunity to keep around 1400 if they lose. it'll give me a fun reason to root for UConn more; I like them more from a fanhood perspective anyway.
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  10. 04-07-14 01:41 PM #10
    THam12
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    Quote Originally Posted by BlurredOut View Post
    I agree suicideking. this game will be great to watch, but terrible to bet!

    that being said, I think I've settled on 1500 to win 1000 for UK ML, with the opportunity to keep around 1400 if they lose. it'll give me a fun reason to root for UConn more; I like them more from a fanhood perspective anyway.
    I like it.
    Good luck Mann
    And congrats on the win either way!
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  11. 04-08-14 12:39 AM #11
    THam12
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    Congrats!!
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  12. 04-08-14 02:39 AM #12
    trevor123698
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    Quote Originally Posted by THam12 View Post
    Congrats!!
    If he didn't let it ride no congrats is in order. And we know he threw it out the window
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  13. 04-08-14 07:14 AM #13
    THam12
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    Quote Originally Posted by trevor123698 View Post
    If he didn't let it ride no congrats is in order. And we know he threw it out the window
    Ummm he won over 1k regardless?
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  14. 04-17-14 09:30 AM #14
    trevor123698
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    Quote Originally Posted by THam12 View Post
    Ummm he won over 1k regardless?
    so we celebrate the 66% loss? makes no sense whatsover.
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