So I saw the other thread and didn't want to hijack it so starting this one. I have a similar "problem" in that I have the Pats to win the SuperBowl. To make math simple, lets say that if the Pats win straight up, I win 10,000. If they lose I get nothing. This seems to be the optimal position given that there may be some value in the NYG and since I essentially got the ML at even money, I can get the NYG +3 and potentially middle. I was thinking of putting 40-50% on the NYG at +3 (would love 3.5 if the line moves may buy it) guaranteeing a 5k payout and creating a potential for a 10k or 15k payout. My initial investment in this play is near nothing so I really have nothing to lose and want to maximize payout potential. Thoughts?
Hedging the Pats
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PetmanSBR Rookie
- 03-19-10
- 42
#1Hedging the PatsTags: None -
Gilly86SBR High Roller
- 12-22-10
- 229
#2I'd go half at +3 personally.Comment -
DJ DanaSBR Sharp
- 10-11-11
- 342
#3I have a futures ticket on the Pats but I really don't want them to win (the ticket pays out less then $200). I've already locked in the Giants @ 3.5 and the Giants ML.Comment -
john230SBR Wise Guy
- 07-24-11
- 721
#4I would base it on who you like for the game. If you think NE is the play, I would probaly put 25% on the Gmen. But if you like the Gmen, I would do what Gilly86 siad to do and risk half on the Gmen +3.Comment -
p19101SBR MVP
- 11-17-11
- 1419
#5I personally think it's a mistake going for a potential middle and lose all that juice. I think you're better off going with Giants ML at +134 as a hedge.Comment
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