1. #1
    irishstuey
    irishstuey's Avatar Become A Pro!
    Join Date: 08-22-08
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    Help please

    Wager (sort by time) Risk Win
    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

  2. #2
    mundane
    mundane's Avatar Become A Pro!
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    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.

  3. #3
    Deol
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    Hope SF scores first then live bet SEA. If not, let it ride. Not really worth hedging to be honest.

  4. #4
    mundane
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    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.

  5. #5
    mundane
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    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.

  6. #6
    TiredPro
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    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.

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