Originally Posted by
LT Profits
I just saw this thread, so I apoloigize for answering after the fact.
You said in your first post that you would still WIN 200 if Oakland LOST. For that reason alone, I would NOT have hedged because you were already guaranteed a profit. That being the case, why not give yourself the chance to win the whole $1,000, knowing that you had 200 in the bank regardless? I mean there was obviously a reason why you liked the play in the first place, so with a profit already guatanteed, why give away $200 on a play that you did not really like?
Now looking at it after the fact, you won 200 less than you should have while winning a play you handicapped correctly. Sure you would have picked up an extra 300 if you real play lost, but I don't think having 200 locked in if your play loses is a bad thing. Sometimes you have to trust your handicapping ability, and the only time a hedge helps you is if the play you handicapped to win loses.
In case you haven't figured it out, I am not a big hedge guy unless we are talking about a high odds future bet. And I would certainly never hedge if I am alreasy assured a profit.
Just my two cents.