how do you decide when to hedge?

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  • ebbearsfb1
    SBR Posting Legend
    • 12-07-08
    • 18815

    #1
    how do you decide when to hedge?
    yesterday i had a big ml parlay throught the day and had cowboys last leg so i hedged with giants and it paid off..

    today

    ok state ml +250 when stanford was down 14-0..

    i hedged in ot with standord -115 to assure myself not losing..


    i had 400 in my account put 100 on ok state at plus 250

    and then to assure i would at worse end at 400 i put 115 on stanford


    so basically how do you decide if your going to hedge?

    i almost always do to assure myself money made rather than losing


    seems to me its the smart thing to do .. unless its like a minus 20000 play or something

    am i wrong?
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