1. #1
    celtics12
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    how to hedge my futures bet?

    I'm still confused on how to properly hedge and all that, so looking for advice...i put 10 on the pats to win the Super Bowl before the season started at 7-1, what should i do? just put 10 on the giants money line to at least guarantee to get my money back if the pats somehow manage to lose?

  2. #2
    5mike5
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    if ur saying a measley 10.00 i have no idea why u would even think about hedging a bet where u would win at most 70.00

    hedging makes absolutley 0 sense

    GL
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  3. #3
    CoachemUp
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    Celtic: That would be correct. I see the Giants at around +115 on the moneyline. So do the math on it. You could guarantee yourself $35 or so by betting $30.40 or so on the Giants money, or if you like the Pats to win but want to cover your intial wager then bet roughly $8.75 on the moneyline Giants.

    GL

  4. #4
    celtics12
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    Quote Originally Posted by 5mike5 View Post
    if ur saying a measley 10.00 i have no idea why u would even think about hedging a bet where u would win at most 70.00

    hedging makes absolutley 0 sense

    GL
    maybe because I'm not rich as hell and my whole bankroll is right around $200 right now? every one is different bro, may not be a lot to you but for some people it may be...

    and thanks for the help coachem

  5. #5
    5mike5
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    doesnt matter what ur bankroll is buddy...u ask for opinions so there it is

    hedging that wager makes 0 sense IMO
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