Advice needed on best way to deal with a potential 6 figure win

**hutennis** · 10-01-12, 01:13 PM

So, how much are you trying to scalp out?

**andywend** · 10-01-12, 01:38 PM

I guess I really need to decide on that before asking for the advice. Thanks.

**durito** · 10-01-12, 01:45 PM

You probably should have posted this under another name if you wanted help here.

**andywend** · 10-01-12, 03:13 PM

Durito, whatever advice you would offer, I would do exactly the opposite as you lose with amazing consistency.

You're a born loser and will never find yourself in a situation like this, that I am quite sure.

**durito** · 10-01-12, 05:23 PM

I would compute the proper kelly stake for my bankroll. Why dont you just do that? The opposite would be to tear up your ticket i suppose.

You are right, I lost quite a bit more than $125k last month.

**Bigbill365** · 10-01-12, 05:53 PM

dude you put what ever money you can find and sell your car put it on the texas to win the devision so now you have guranteed profit

**Ra77er** · 10-01-12, 06:04 PM

If its not a life changing amount then let it ride imho

**kmarinouofm** · 10-01-12, 06:07 PM

Originally posted by Bigbill365

dude you put what ever money you can find and sell your car put it on the texas to win the devision so now you have guranteed profit

who is even selling this ? and what is the price ? also usually limits like this are kinda low no ? seems like a hard bet to find and to even make some loot on ...

**Bigbill365** · 10-02-12, 12:14 AM

Originally posted by kmarinouofm

who is even selling this ? and what is the price ? also usually limits like this are kinda low no ? seems like a hard bet to find and to even make some loot on ...

true then you just maximum bet every game here on out on texas its a win win but the problem is the guy probally doesnt have 20-30k sittin around to deposit which would be hard to not get flaged doing so

**Bigbill365** · 10-02-12, 12:16 AM

wow 1 down 2 to go im pullin for ya let us know wat ya do

**chachi** · 10-02-12, 12:43 AM

GL son ...

**BeardedTaco** · 10-02-12, 11:45 PM

**kmarinouofm** · 10-03-12, 08:24 AM

we are all pulling for you today man..

but honestly if i was you.. i would have been on a plane to vegas last night/ this morning after that win to get that loot down at the M on texas

**chachi** · 10-03-12, 08:38 AM

indeed, with title deed and pink slips in hand

**kmarinouofm** · 10-03-12, 11:29 AM

Originally posted by chachi

indeed, with title deed and pink slips in hand

bro can you imagine the sales pitch you would give to friends and family ? trying to scrap it all together..

**brewers7** · 10-03-12, 12:31 PM

I am sure if he didn't bet Texas the last 2 days, that he's putting every dollar he has in his account on Texas tonight with virtually no juice on the Rangers...

Impossible NOT to hedge at this point as you want to guarantee yourself a win no matter who wins now...

**Bigbill365** · 10-03-12, 01:30 PM

dude i hope your in your car with every thing valuble and selling it as fast as you can book your fukin flight now and put it all on texas a god 30-40k

**mrpooh** · 10-03-12, 01:51 PM

no hedge, because he even said that the 125k isn't life changing, so you let it ride. I'd rather have it go with 125k on the line, then hedge out for a smaller number

**hutennis** · 10-03-12, 02:37 PM

Why Not to take EV out of it? And it's cheap too.

**durito** · 10-03-12, 03:50 PM

OP is a 1%er, surely has enough to hedge properly. Pinny was taking 30k on the game. Oh that's right you still bet $250 at bodog.

**kmarinouofm** · 10-03-12, 04:20 PM

One time for my man andy... One time!!!

**lumpy19** · 10-03-12, 05:55 PM

congrats thats a nice score

**kmarinouofm** · 10-03-12, 05:55 PM

Happy for you man. Buy something nice for your family ... Enjoy the big win

**WorldCup82** · 10-03-12, 06:02 PM

Congrats man!

**princecharles** · 10-03-12, 06:40 PM

Niceeeeeee

**Waterstpub87** · 10-03-12, 09:09 PM

Congrats on the win.

**Bigbill365** · 10-03-12, 09:13 PM

well i hope this is for real and when you cash out please post a pic for my own gratification and this sports book you used will go atomatically to a A+ book

**ODDmaster** · 10-04-12, 08:44 AM

500$ to 125k ??? GOSH

**chachi** · 10-04-12, 09:50 AM

am sure the SBR head honchos know which book it was by this point ...

**Jaug** · 10-04-12, 04:28 PM

What a god damn play

**peacebyinches** · 10-04-12, 05:45 PM

congratulations !!! i hope you get payed out with no issues

**andywend** · 10-05-12, 01:28 AM

I sure do appreciate all the well wishes from the people who posted in this thread.

It was quite a ride though I did wind up hedging the wager as I bet $20K on the Rangers in game 2 of the series and then $44K on game 3.

Even with the hedging, I still had $40,000 riding on the last game as I was looking at a $25K hedge profit if Texas won and $65K on the A's.

For those who wanted to know, I made the wager at Heritage and the customer service staff was incredibly helpful (as they always seem to be). After emailing them about hedging scenarios, MIKE put me in contact with someone from their risk team offering me all sorts of options with Heritage allowing me to bet the final 2 games directly with them using my wager as a hedge (as opposed to having to run all over town to get $20K and then $40K wagers placed).

OP is a 1%er, surely has enough to hedge properly. Pinny was taking 30k on the game. Oh that's right you still bet $250 at bodog.

Yes, I did have enough to hedge properly and NO I don't bet at Bodog any longer as my limits were reduced to peanuts and their customer service is downright AWFUL which is quite common among "recreational" books. Being from the U.S., I no longer have an account at Pinny even though I know its possible to do so.

To all of the people who participated in this thread wishing me luck, I donate all of my SBR points to you.

Thanks again for all the well wishes.

Wager copied and pasted below

Ticket Details : # 46130234-1
Wager Type : Future/Prop
Wager Status : Win
Risk / To Win Amount : 500.00 /
125,000.00(USD)
Accepted : 7/9/2012 8:32PM -
PST

Won : 125,000.00

Amount Paid : 125500.00

Sport / Event : MLB Futures
Event : MLB
2012 Divisions
Selection : Odds to win American League West
Time
: 10/1/2012 5:00AM - (PST)
Line : Oakland
Athletics25000
Outcome - Contestant Won

**sneakerhead** · 10-05-12, 02:46 AM

Originally posted by andywend

I sure do appreciate all the well wishes from the people who posted in this thread.

It was quite a ride though I did wind up hedging the wager as I bet $20K on the Rangers in game 2 of the series and then $44K on game 3.

Even with the hedging, I still had $40,000 riding on the last game as I was looking at a $25K hedge profit if Texas won and $65K on the A's.

For those who wanted to know, I made the wager at Heritage and the customer service staff was incredibly helpful (as they always seem to be). After emailing them about hedging scenarios, MIKE put me in contact with someone from their risk team offering me all sorts of options with Heritage allowing me to bet the final 2 games directly with them using my wager as a hedge (as opposed to having to run all over town to get $20K and then $40K wagers placed).Yes, I did have enough to hedge properly and NO I don't bet at Bodog any longer as my limits were reduced to peanuts and their customer service is downright AWFUL which is quite common among "recreational" books. Being from the U.S., I no longer have an account at Pinny even though I know its possible to do so.

To all of the people who participated in this thread wishing me luck, I donate all of my SBR points to you.

Thanks again for all the well wishes.

Wager copied and pasted below

Ticket Details : # 46130234-1
Wager Type : Future/Prop
Wager Status : Win
Risk / To Win Amount : 500.00 /
125,000.00(USD)
Accepted : 7/9/2012 8:32PM -
PST

Won : 125,000.00

Amount Paid : 125500.00

Sport / Event : MLB Futures
Event : MLB
2012 Divisions
Selection : Odds to win American League West
Time
: 10/1/2012 5:00AM - (PST)
Line : Oakland
Athletics25000
Outcome - Contestant Won

Amazing hit, those big numbers must look cool on top(heritage tabs)

**durito** · 10-05-12, 04:45 AM

Originally posted by andywend

IYes, I did have enough to hedge properly and NO I don't bet at Bodog any longer as my limits were reduced to peanuts and their customer service is downright AWFUL which is quite common among "recreational" books.

Congrats on finally getting limited at bodog. They are much quicker these days than when the rest of us recieved our first boot in 1923.

For the rest of the idiots here, despite being a complete piece of shit, the op will surely be paid his entire amount by heritage without an issue.