When do I hedge my Vikings future?

[The HOFF]

I have $50 to win $850 on the Vikings to win the Super Bowl. I think I'm going to let it ride against the Saints and then hedge if they make the Super Bowl. Thoughts?

[slacker00]

If you like the Vikings, let it ride the whole way. Hedging is only to reduce variance if you can't afford to lose your EV.

[soxwin]

why not throw 50 on the saints? If the vikes win you are still on your way to a good payday, even the saints win you cancelled out your future wager.

[icsky3]

Hmmm looks like you have a tough choice sir.

[icsky3]

Or counter it with Minny ML

[Slate]

why not throw 50 on the saints? If the vikes win you are still on your way to a good payday, even the saints win you cancelled out your future wager.

There is no way to hedge your bet without losing something

if you take No -3 1/2 and they win by 2 you lose $105

if you take No ml and Minn wins you lose $85 and then maybe $50

sit tight and let it ride this way you can only lose $50

[Busterflywheel]

Leave hedging for the stock market..