The other day I bet a NHL game at about -160 odds. After the first, my team was up by about 3, so I live bet the other team for a few bucks at around +2200 odds. Was this the right move? Or should I have just held off on the hedge?
Is it the right move to hedge with a live bet?
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keemosabiSBR High Roller
- 12-11-10
- 199
#1Is it the right move to hedge with a live bet?Tags: None -
milwaukee mikeBARRELED IN @ SBR!
- 08-22-07
- 27271
#2the right move has nothing to do with your original bet
if the team you bet at +2200 had a better than 1 in 23 chance of winning the game at that point, then it was a smart bet. if not, then it wasn't.Comment -
tto827SBR Hall of Famer
- 10-01-12
- 9078
#3^^^ what he said. Regardless of your initial position the second bet should be made only if it is +EV as a standalone wager.Comment -
pavyracerSBR Aristocracy
- 04-12-07
- 82666
#4I always hedge on live bet in college football because of the strange swings in the game. One game that comes to mind was LSU-Alabama this year where I had LSU pregame but hedged with Bama a few minutes before the game ended.Comment -
keemosabiSBR High Roller
- 12-11-10
- 199
#5Originally posted by milwaukee mikethe right move has nothing to do with your original bet
if the team you bet at +2200 had a better than 1 in 23 chance of winning the game at that point, then it was a smart bet. if not, then it wasn't.I had a feeling that was going to be the correct answer, but it's hard to give up guaranteed money even if it is -EV.Originally posted by tto827^^^ what he said. Regardless of your initial position the second bet should be made only if it is +EV as a standalone wager.
Yeah that's what I've been doing in hockey games with teams that have been having trouble holding leads.Originally posted by pavyracerI always hedge on live bet in college football because of the strange swings in the game. One game that comes to mind was LSU-Alabama this year where I had LSU pregame but hedged with Bama a few minutes before the game ended.Comment
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