need advice on hedging a futures bet

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  • gatortater
    SBR Rookie
    • 09-04-10
    • 9

    #1
    need advice on hedging a futures bet
    Need a little advice; I have 3 futures bets made in March that are locks; also got the Phillies $500 to win $2500 back in late June when Utley, Rollins, Polanco were all hurt and Phillies were playing like garbage. Still figured they would at least get the wildcard and when i saw +500 to win the National League I jumped on it big.

    My question is this, do i just ride them for the big win, I really think with their 3 Aces noone in the Majors can beat them in a 7 game series. Or do i somehow hedge this futures bet with 1 or 2 teams in the NL to ensure a win no matter what? Thanks for any advice anyone can offer. here are the wagers from my online account listed below:

    Ticket#:18216118
    Oct 03 01:05 PM
    Internet / -1Mar 13 08:22 AM
    TNT
    ODDS TO WIN 2010 MLB NATIONAL LEAGUE EAST
    [12088] PHILADELPHIA PHILLIES -175

    1750 / 1000
    Ticket#:18331105
    Oct 03 02:10 PM
    Internet / -1Mar 20 07:52 AM
    MU
    STRAIGHT BET
    [12517] COL ROCKIES TTL WINS (COL ROCKIES TTL WINS vrs COL ROCKIES TTL WINS) o83½-125

    1250 / 1000
    Ticket#:18331106
    Oct 03 04:10 PM
    Internet / -1Mar 20 07:52 AM
    MU
    STRAIGHT BET
    [12519] DET TIGERS TTL WINS (DET TIGERS TTL WINS vrs DET TIGERS TTL WINS) o80-105

    1050 / 1000
    Ticket#:19400375
    Sep 24 02:20 PM
    Internet / -1Jun 26 11:05 AM
    TNT
    ODDS TO WIN 2010 NATIONAL LEAGUE PENNANT
    [12065] PHILADELPHIA PHILLIES +500

    500 / 2500
  • Salamander
    SBR Sharp
    • 12-25-09
    • 397

    #2
    If you're uptight about losing the $500, go to Matchbook and bet $700 to win $500 against the Phillies winning the NL Pennant (price at of Sept 23 6:00 PM EST) and have a free ride on the other $1800
    sbr
    Comment
    • Fiasco01
      SBR Sharp
      • 01-18-10
      • 325

      #3
      Or just bet against them in their respective series' because they will be the favorite during each (yes I'm assuming the make it to the NL ships).
      Comment
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