When do you hedge?

Omaga · 07-23-13, 02:56 PM

It is a personal decision. If your into money management the answer is no. Since by hedging, you’re giving the books a chance to decrease your payout, so in the long-run you may be shorthanded. If you’re in a slump and giving the chance to profit then hedging may be wise. It depends on how much money is at stake, your personal situation, and preference.

Jefferey13 · 07-23-13, 03:38 PM

Originally posted by Omaga

It is a personal decision. If your into money management the answer is no. Since by hedging, you’re giving the books a chance to decrease your payout, so in the long-run you may be shorthanded. If you’re in a slump and giving the chance to profit then hedging may be wise. It depends on how much money is at stake, your personal situation, and preference.

So when do you? Or do you not?

Omaga · 07-23-13, 04:33 PM

Again, it depends how much is at stake? Are you into money management or risk taker? Usually people hedge series or features base on changed information. I would say without you providing more info, it would be hard for anyone to give you sound advice.

Jefferey13 · 07-23-13, 04:46 PM

I meant it as a specific question to you. In what situations do you do it. I specifically didn't want to give the parameters.

CappinTerp · 07-23-13, 06:08 PM

Originally posted by Jefferey13

I'm just curious when you guys hedge/arbitrage your bets.

The reason I asked is because I picked up LAD last night at even, and now the Jays are at +102.

Not worth the hedge for 2 cents,esp. if you really like the team. For me I hedge sometimes when: I no longer like my bet( even at -$), on the last leg of a parlay, and on a reverse when the 1st game came in. The last 2 ex. can only be done when the game in question is a later start...........gl

IGORIO · 07-23-13, 06:30 PM

agreed w cappinterp

DEF not worth hedging a few measly 'points' +102 to even , not even if its a 1000$ bet

only time u HEDGE is when , you got a nice parlay goin, or somekinda "BIG" return, and ur on your last game or something,
usually a play which returns at least 5 x ur bet.

u may wanna hedge your action for about 20-25%, meaning if ur 50$ bet, 4 game parlay which returns 507$
and your 3 for 3,
you may wanna bet the last game, the opposite side for about 100$ to insure, you get your investment back plus a few sheckels,

this 'HEDGING' strategy is more applicable, to LARGE returns or in horse racing, say protecting a WIN 4 , in the last leg of the win 4 , when your first 3 races, were 3 for 3,

in this case, i may have 4 horses in the last race, to win 1000$ on a 72$ ticket, to win the WIN 4,
so i may bet the field (against the other 4horses i have) in an exactor type bet, to try to get back about 20-25 %of the expected payout

IGORIO · 07-23-13, 06:43 PM

also in live play, u will see small arbs, in the O/U or alt. runlines

what i do is if i see +120 <bet 365> WHITE SOX, and -112 <pinnacle> TORONTO

i will instead of arbing for a middle, which is smaller, i will SET UP A FREEROLL
$1120 to win 1000 on pinnacle TORONTO, at -112,

then i will cover my INVESTMENT ONLY 1120$ at pinnacle which is about 960$ at +120 to win 1120$

MEANING IF JAYS WIN , I NET 40$
IF THEY LOSE I BREAK EVEN

Omaga · 07-23-13, 06:49 PM

Originally posted by Jefferey13

I meant it as a specific question to you. In what situations do you do it. I specifically didn't want to give the parameters.

Jefferey I'm a risk taker; unless I have good money in and at stake. If this helps you out any http://forum.sbrforum.com/baseball-b...-700-fish.html I'm not hedging.