Need some Quick Hedging advice

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  • Big Bear
    SBR Aristocracy
    • 11-01-11
    • 43253

    #1
    Need some Quick Hedging advice
    Aight fellas I got a 3 team parlay
    $100 to win $1050

    Dodgers -1.5 (already won last night)
    Angels ML
    D-Backs ML

    question is would it be wise to hedge and do Tigers -1 at -108 for $108

    and then if Angels win .... hedge another $200 on Nationals -1 +103

    is this a smart move? Obviously I like the Angels and D-Backs to win but if I can ensure profit or atleast prevent losing money.... i'm just not a numbers guy and i dont want to do something stupid so i'd like to run it by you guys
  • votony
    SBR Hustler
    • 05-17-13
    • 79

    #2
    tigers will win this game tonite my friend
    Comment
    • italianbandit
      SBR MVP
      • 05-17-11
      • 2622

      #3
      Bear, teams aside, typically you would only hedge the third leg of the parlay if you've already won the first 2. That's really where you have most of your leverage. So let it ride and if your second team wins, then put a wager in. Good luck.
      Comment
      • Night-Tripper
        SBR MVP
        • 12-14-09
        • 3205

        #4
        Originally posted by Big Bear
        Aight fellas I got a 3 team parlay
        $100 to win $1050

        Dodgers -1.5 (already won last night)
        Angels ML
        D-Backs ML

        question is would it be wise to hedge and do Tigers -1 at -108 for $108

        and then if Angels win .... hedge another $200 on Nationals -1 +103

        is this a smart move? Obviously I like the Angels and D-Backs to win but if I can ensure profit or atleast prevent losing money.... i'm just not a numbers guy and i dont want to do something stupid so i'd like to run it by you guys
        You don't hedge until you're down to the last leg. In your case, this means you don't do a damn thing unless the Angels are already in the barn.
        Comment
        • Big Bear
          SBR Aristocracy
          • 11-01-11
          • 43253

          #5
          aight cool thanks
          Comment
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