Hedging Hep

[BlurredOut]

I wanted to weigh some different opinions on how to deal with this:

I will win a $1 for $2950 pool if UConn wins tonight. Yeah, I got pretty lucky. Anyway, I want to be guaranteed some money - and I have a hunch that Kentucky will win.

With the spread at -2.5 for Kentucky and ML at -150, how would you hedge this, personally?

No right or wrong answer. Just curious about the responses.

[THam12]

Depends.
How much do you have that you can put on kentucky?
I personally would throw 1050 on them. To win 700.

[BlurredOut]

I can put up 1600 max

[THam12]

I can put up 1600 max

You okay with winning 700 on kentucky; and about 1900 if uconn wins?

You can do 1050 to win 700 or 1200 to win 800 or 1350 to win 900 or 1500 to win 1000.
I kinda like 1500 to win 1000. Kentuxky wins, you win 1k. Uconn wins you win about 1400. And you get a nice relaxing night waiting to see how much you get.

[BlurredOut]

thanks for listing the different options. it helps me decide better. guess it will come down to who I think will win. gonna do some research and see which side i'd rather be on.

[THam12]

thanks for listing the different options. it helps me decide better. guess it will come down to who I think will win. gonna do some research and see which side i'd rather be on.

Yessir
Honestly.... take the guaranteed payday

[suicidekings]

This is not a good game to gamble on. Super competitive, and in all likelihood, this will come down to the wire and be decided in the last 90 seconds. Bet the entire $1600 on KY to pay out $1067, leaving you a possible $1350 payday on UConn, and sit back and enjoy the game.

[THam12]

This is not a good game to gamble on. Super competitive, and in all likelihood, this will come down to the wire and be decided in the last 90 seconds. Bet the entire $1600 on KY to pay out $1067, leaving you a possible $1350 payday on UConn, and sit back and enjoy the game.

[BlurredOut]

I agree suicideking. this game will be great to watch, but terrible to bet!

that being said, I think I've settled on 1500 to win 1000 for UK ML, with the opportunity to keep around 1400 if they lose. it'll give me a fun reason to root for UConn more; I like them more from a fanhood perspective anyway.

[THam12]

I agree suicideking. this game will be great to watch, but terrible to bet!

that being said, I think I've settled on 1500 to win 1000 for UK ML, with the opportunity to keep around 1400 if they lose. it'll give me a fun reason to root for UConn more; I like them more from a fanhood perspective anyway.

I like it.
Good luck Mann
And congrats on the win either way!

[THam12]

Congrats!!

[trevor123698]

Congrats!!

If he didn't let it ride no congrats is in order. And we know he threw it out the window

[THam12]

If he didn't let it ride no congrats is in order. And we know he threw it out the window

Ummm he won over 1k regardless?

[trevor123698]

Ummm he won over 1k regardless?

so we celebrate the 66% loss? makes no sense whatsover.