I have the following future bets and I need advice on how to approach them/ should I hedge/ how to minimize potential loss. Am more interested on the first two because they are rather big bets for me.
Seattle to win NFC (+100) 400:400
SF to win NFC (+550) 100:550
Carolina to win Super Bowl (+900) 10:90
New Orleans to win Super Bowl (+900) 10:90
New England to winSuper Bowl (+600) 10:60
San Diego to win Super Bowl (+10000) 10:1000
Seattle to win NFC (+100) 400:400
SF to win NFC (+550) 100:550
Carolina to win Super Bowl (+900) 10:90
New Orleans to win Super Bowl (+900) 10:90
New England to winSuper Bowl (+600) 10:60
San Diego to win Super Bowl (+10000) 10:1000