bracket hedging help?

[B1GER1C828]

Hey guys, basically if Kansas beats kentucky in the finals, i win 2500 on a 10 dollar pool on betdsi. how do i hedge this?

just get osu ML and if kansas wins, beat kentucky ML?

Kentucky plays first saturday which is great because I obviously wouldnt hedge unless kentucky won.

Any help would be awesome.

[goblue12]

If I am correct, you have $10 on Kansas +2500 to win the NCAA Tournament ($10 to win $250)?

Go to 5dimes and bet "Field to win NCAA Tournament" at -800 for $231.11

That assures you a profit of $18.89

Wonder if Tony would even let you bet that much on it.

I'd probably just ride it out. You've got a 323% edge on Pinny's price at the moment.

[B1GER1C828]

If I am correct, you have $10 on Kansas +2500 to win the NCAA Tournament ($10 to win $250)?

Go to 5dimes and bet "Field to win NCAA Tournament" at -800 for $231.11

That assures you a profit of $18.89

Wonder if Tony would even let you bet that much on it.

I'd probably just ride it out. You've got a 323% edge on Pinny's price at the moment.

incorrect, its a bracket tourny where 3rd place is 2500. was only a 10 dollar buy in.

[goblue12]

I would just ride it out. You have +25000 on something that's expected to win 16.38% of the time.

If anything you should be putting even more money on Kansas to win the NCAA Tournament until you maximize your edge, which varies depending on the price you're getting on Kansas and your bankroll size.

Unless you have a Pinnacle account, you just can't get down enough action (it would be over 2 grand) on the other side.

Here's SBR's Arbitrage Calculator

[B1GER1C828]

I would just ride it out. You have +25000 on something that's expected to win 16.38% of the time.

If anything you should be putting even more money on Kansas to win the NCAA Tournament until you maximize your edge, which varies depending on the price you're getting on Kansas and your bankroll size.

Unless you have a Pinnacle account, you just can't get down enough action (it would be over 2 grand) on the other side.

Here's SBR's Arbitrage Calculator

good shit, thanks pal.