Hedging Parlay

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  • beaver4100
    SBR Hustler
    • 03-15-11
    • 59

    #1
    Hedging Parlay
    Hey guys just wanted a little advice on if you would hedge any of these bets out on the following parlay or if you would let them ride. Thanks for your help:

    81638244-16/5/11 10:56pm$10.00$965.82
    Pending12 Team Parlay
    Win6/5/11 11:00pm College Baseball 1163 Stanford -500* vs Illinois (Fixed Price)
    Win6/11/11 10:00pm UFC Fighting 1002 Junior Dos Santos -165* vs Shane Carwin
    Win6/11/11 9:00pm UFC Fighting 1102 Kenny Florian -280* vs Diego Nunes
    Win6/11/11 9:00pm UFC Fighting 1202 Dave Herman -240* vs Jon Olav Einemo
    Win6/11/11 6:00pm UFC Fighting 1402 Donald Cerrone -390* vs Vagner Rocha
    Win6/11/11 6:00pm UFC Fighting 1602 Chris Weidman -300* vs Jesse Bongfeldt
    Cancelled6/11/11 6:00pm UFC Fighting 1702 Krzysztof Soszynski -240* vs Igor Pokrajac
    Win6/11/11 6:00pm UFC Fighting 1902 Dustin Poirier -325* vs Jason Young
    Win6/26/11 10:30pm UFC Fighting 1202 Cheick Kongo -185* vs Pat Barry
    Pending7/2/11 8:00pm UFC Fighting 1201 Dong Hyun Kim -115* vs Carlos Condit
    Pending7/2/11 10:00pm UFC Fighting 1602 Melvin Guillard -270* vs Shane Roller
    Pending7/2/11 10:00pm UFC Fighting 1401 Matt Wiman +115* vs Dennis Siver
  • JAKEPEAVY21
    BARRELED IN @ SBR!
    • 03-11-11
    • 29461

    #2
    The Kim fight starts before the other 2 do so maybe put like 50 or 100 on Condit...proceed by betting Roller for $100 if Condit wins etc etc ... you can hedge for a profit for sure, it just depends how confident you are in the 3 fights...seems like many think Guillard has a strong chance of winning so maybe only hedge on Condit and Siver? I see you bet $10 so I would at least want a $50 profit out of the ordeal..gl on whatever you decide!
    Comment
    • PunisherIND
      SBR MVP
      • 02-24-11
      • 4983

      #3
      i agree with jakepeavy... i would hedge on condit and siver. although, you should find out what the actual payout would be since the listed payout includes the sozynski fight. this would give you a better idea of what amount to hedge.
      Comment
      • omalley21
        SBR Wise Guy
        • 11-08-10
        • 908

        #4
        Condit and wiman are the only ones I would hedge.
        Comment
        • Kaladarus
          SBR MVP
          • 11-11-09
          • 1876

          #5
          I don't hedge. Unless the odds change significantly you are just giving the books extra unnecessary money. Only other way I might hedge is if something changed about the fight. If you weren't comfortable with your picks you should have made them.

          In the future I think you would be better off making that parlay a 6 fight parlay with your first 6 fighters (since they were mostly on the same card) and then deciding what you want to do with your money after that UFC.

          If the money is significant for you then you should hedge this time, but I do agree with all the picks you have made.
          Comment
          • urge2kill
            SBR MVP
            • 10-27-09
            • 1722

            #6
            Originally posted by JAKEPEAVY21
            The Kim fight starts before the other 2 do so maybe put like 50 or 100 on Condit...proceed by betting Roller for $100 if Condit wins etc etc ... you can hedge for a profit for sure, it just depends how confident you are in the 3 fights...seems like many think Guillard has a strong chance of winning so maybe only hedge on Condit and Siver? I see you bet $10 so I would at least want a $50 profit out of the ordeal..gl on whatever you decide!
            $50 sounds about right based on what he's hit so far.
            Comment
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