Should I hedge it?
I'm on the last leg (jazz +14) of a 5 point, 5 team teaser.
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Sick_in_the_HeadSBR Sharp
- 02-12-12
- 422
#1I'm on the last leg (jazz +14) of a 5 point, 5 team teaser.Tags: None -
bjb7223SBR Posting Legend
- 11-03-12
- 10349
#2yesComment -
Sick_in_the_HeadSBR Sharp
- 02-12-12
- 422
#3I put $50 on the teaser to win $175.
What should I put on the clippers -9?
I'm math challenged at the moment.Comment -
Sick_in_the_HeadSBR Sharp
- 02-12-12
- 422
#4Anyone?Comment -
nbafanatic2012SBR Wise Guy
- 01-13-12
- 764
#550...so if you lose you break even ....and lets say the clips cover the 9 and win by upto 13...u win both bets...Comment -
bjb7223SBR Posting Legend
- 11-03-12
- 10349
#6$118 to get the 225 payout but you would be risking 168 to make 57 bucks. probably let this ride out. small bets are tough to hedge.Comment -
mtc44380SBR Wise Guy
- 01-02-09
- 578
#9I would do 75, that way you are garaunteed to make some $$, plus you have the cushion for 9-14 where you can win them both.
Thats just me, OR you can let it ride, and see if you can get a better deal on a Live In-Game wager....Comment -
SetoSBR Posting Legend
- 12-16-11
- 12906
#11I dont understand why people make parlays/teasers just to end up hedging the last leg if they win the others. If youre going to hedge it, why bet that last leg in the first place since you know that if its going to come to that once you know the other results youll hedge?Comment -
nbafanatic2012SBR Wise Guy
- 01-13-12
- 764
#12its insurance ...safety netComment -
Sick_in_the_HeadSBR Sharp
- 02-12-12
- 422
#13I hit both. I'm lucky as f\*\*k tonight.Comment -
SetoSBR Posting Legend
- 12-16-11
- 12906
#14no it's mathematically wrong.
Let's suppose I parlay 4 plays, 3 at 1PM EST and 1 at 8PM EST.
Once the 8 PM EST game comes, there are 2 different scenarios.
1) I won the first three bets
2) I didn't win the first three bets.
Case 2 doesn't matter since there is no discussion on whether to hedge or not. But let's look at case 1.
Let's say I bet $100. So, I am basically currently hoping for my play to win to get my $1600 (net $1500). If not, I end up with 0. I panic and hedge, put $960 on the -120 opponent so either way I will win.
If you're not confident enough to ride out that last bet, DONT PLAY IT AT ALL. Here you are going to win $540 if my original bet wins and $700 if my hedge wins. Had I just put the $100 on the first three teams, I'd be cashing out my $700 no questions asked. You're basically just eating up juice by hedging, if you're not confident enough to ride out a last leg then don't play it at all.
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