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  • irishstuey
    SBR Wise Guy
    • 08-22-08
    • 604

    #1
    Help please
    3 Team - Parlay
    San Francisco 49ers ML (+165)

    .Syracuse -8½ (-110) Win

    .Kansas ML (+135) Win
    $60.00 $653.33
    1 of 1 Total Wagers $60.00 $653.33


    Ok, Im a small time guy. Should i hedge this bet? whats the best option for hedging this? thanks for any advice
  • mundane
    SBR MVP
    • 02-25-08
    • 3592

    #2
    well here's one example...

    SEA ML -190: bet $300 to win $158

    so if SEA wins, $158 - $60 = $98
    but if SF wins, $653 - $300 = $353

    so in this scenario, the question is... are you willing to give up the chance of winning $653 for a sure win of either $98 or $353???

    im not really well-versed in hedging, so i hope others could chime in. goodluck!
    ps. if u do decide to hedge, shop around for a better ML price. the lowest i see right now is -176.
    Comment
    • Deol
      SBR MVP
      • 09-01-11
      • 1340

      #3
      Hope SF scores first then live bet SEA. If not, let it ride. Not really worth hedging to be honest.
      Comment
      • mundane
        SBR MVP
        • 02-25-08
        • 3592

        #4
        oh yeah, i forgot about live-betting. thanks Deol!

        *i don't/can't do live bets as i only do my bets in the casinos but im hardly there during the games.
        Comment
        • mundane
          SBR MVP
          • 02-25-08
          • 3592

          #5
          he did say he's a small time guy. perhaps collecting a hundo off his $60 (from my example) is worth it for him. =) otherwise, and personally i say, let it ride. *i actually have SF ML as one of my picks. so goodluck to both of us.
          Comment
          • TiredPro
            SBR Wise Guy
            • 01-17-12
            • 672

            #6
            Bet SF +3.5 for 110 to win 100. Bet Seattle money line to win 200. Worst case you walk with $30. Best case you walk with $500sh. You will never go broke taking profit. Don't let big payoff blind you. If someone said give me $60 today and I will give you back $90 in a week, you would do it every time.
            Comment
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