Help with Grizz Hedge strategy

[TheNew]

I have grizz on multiple futures 400-1, 200-1 that = $50k for the NBA title...

Now that they are one game up (and looking solid) on the thunder what hedging strategies
would you employ at this point (if any)?

Im racking my brain for angles and could use some input.

Is it too early to hedge?


Thanks

GL

[Whippit]

zippo, way too early

or you could sell them to someone now at a discount before the team crumbles

[TheNew]

with $250 at risk to win 50k im not so sure it's too early to start hedging to gaur some $

And im talking about them now at 1-0 after beating/handling the spurs like cake, grizz
are very quickly becoming a public fav and there is some real value in play here~

[TheNew]

Im thinking for starters -120 OKC for the series and going $1200

[Whippit]

yes yes yes, you're right

nevermind what I said

[Whippit]

Im thinking for starters -120 OKC for the series and going $1200

if you lose that amount, be prepared to lay well over $5k on the next series to break even

maybe 5x-10x that if Memphis makes the Finals

[sweetjones55]

You can't hedge anything this round.

[mr.inpak]

you can defenitly hedge if you are getting 300-1 approxametly on your money go to 5 dimes they have propositions team to win nba championship vs.field you would bet the field minus the money vs.memphis to win the nba championship probably have to lay 25-1 this takes alot of money but you could lock up between 10-15 thousand dollars

[TheNew]

you can defenitly hedge if you are getting 300-1 approxametly on your money go to 5 dimes they have propositions team to win nba championship vs.field you would bet the field minus the money vs.memphis to win the nba championship probably have to lay 25-1 this takes alot of money but you could lock up between 10-15 thousand dollars

Sounds legit...

Im tossing around a few angles without too much exposer and I may wait till after game 2.
Grizz are riding High and playing with such confidents and I may hold if possible if they win game 2
until the W Conf Finals.

Thanks for your insight

[dimon]

Dont hedge till Finals, I might even ride them all the way...this Griz team can play anyone in the playoffs and not just play, but they showed out of everybody so far a championship level of basketball....ride the Griz all the way to the ring....and stick it to the books hard