Hedging a BTP payout...

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  • Boner_18
    SBR Hall of Famer
    • 08-24-08
    • 8301

    #1
    Hedging a BTP payout...
    Is it worth it? I know it is pretty easy to roll the 5x but I lost about half of my payouts by the time I successfully rolled over my first half payout. So is losing "real money" worthwhile to guaranty double or more "5x money"?
  • pats3peat
    SBR MVP
    • 10-23-05
    • 1163

    #2
    I'd hedge half, because youd feel REALLY dumb if u hedged it all and lost
    Comment
    • laxdjock
      SBR MVP
      • 09-15-07
      • 4074

      #3
      I was thinking the exact same thing....but I screwed up my rollover the last time (I should have been safe, but I saw 2 parlays that I couldn't resist!! ).
      Comment
      • pats3peat
        SBR MVP
        • 10-23-05
        • 1163

        #4
        i lost my money last time around too hehe, prob off parlays too
        Comment
        • Boner_18
          SBR Hall of Famer
          • 08-24-08
          • 8301

          #5
          play tons of tiny -110 bets. House edge of 4.55%. If your payout is $200 you must bet $1000. Should end up with $154.50 (200 - (1000*.0455)) at 50% win rate.
          Comment
          • laxdjock
            SBR MVP
            • 09-15-07
            • 4074

            #6
            I know what I'm suppose to do, it is just hard to listen sometimes.
            Comment
            • biggamer3
              SBR MVP
              • 04-16-07
              • 2163

              #7
              Took the 100 bucks i got from the prick and rolled it over 5X and put my last 50 bucks on the Jets at 35-1 to win the AFC
              Comment
              • laxdjock
                SBR MVP
                • 09-15-07
                • 4074

                #8
                GL!
                Comment
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