I just posted in the BTP area but realized this might be a question for the Think Tank.
Should I hedge for a BTP payout tonight (I realize I prolly will not get an answer tonight)? A prick loss will net me about $170 in 5x rollover cash and of course all I have to hedge with is real cash. Assuming I am a 50/50 bettor should I wager "real money" to secure gain of real money or "5x money?"
What calculations must I do to explore this? Any explanation in lay speak would be appreciated!
Should I hedge for a BTP payout tonight (I realize I prolly will not get an answer tonight)? A prick loss will net me about $170 in 5x rollover cash and of course all I have to hedge with is real cash. Assuming I am a 50/50 bettor should I wager "real money" to secure gain of real money or "5x money?"
What calculations must I do to explore this? Any explanation in lay speak would be appreciated!