When to think about hedging?

[Ghenghis Kahn]

What good does the 17 point teaser do him?

If one fav wins one dog wins he gets absolutely assraped.

Open an account at bovada to bet Florida state -280 (if Oklahoma wins)

This part you should do asap:
Open an account at betonline and bet Bama -650 (best line available where you're sure to get paid)

As for the amounts, that's up to you. But I'd be sure to make at least $500 for making it this far.

bama ain't losing to oklahoma and florida st. ain't losing by more than a td pal.

thinking about it since he can't win both the teaser and the parlay, maybe 20 point teaser might be a better idea. then again, odds probably suck and taking mls for alabama and florida st. might be a better idea.

[Slimpickens]

Good luck Stax. Id definetly make sure you have some sort of hedge here. Unfortunately I think Bama is gonna roll. Big 12 not looking so hot in bowl games thus far.

[tb1984]

I'm pretty new to sports betting, and have a hedging question. I have a 6 team parlay for CFB bowl season. I took 6 underdogs MLs, for a long shot at a giant payout. Already hit Tex Tech (+420) and Nebraska (+285). Have Mich St (+200), C. Florida (+575), Oklahoma (+500), and Auburn (+220) left to go. 1 unit to pay out 7950 units. Do I hedge yet?

Hope, I can get it right:

5 x 4.2 + 5= 26 (Texas Tech)

26 x 2.85 + 26 = 100.1 (Nebraska)

100.1 x 2 + 100.1 = 300.3 (Mich st)

300.3 x 5.75 + 300.3 = 2026.725 (C. Florida)

So, right now, you have $2026 on Oklahoma and Auburn. If I were you and had this much money, I would put at least that much on Alabama ml.

[SteveKerrsJunk]

Wow man! Way to go! Everyone was probably laughing at first but damn dude 4/4..you never know now!! Auburn could def beat Fla State..I'd be worried about Bama just murdering Oklahoma though. Hope I'm wrong. Good luck!

[STAX]

thanks guys... yeah not feeling great about Oklahoma. I feel since Stoops has been talkin smack about the SEC all year he will treat this like a super bowl to back himself up. I think Oklahoma will be ready to play. Saban rumored to be thinking about the NFL, and its harder for Bama to get "up" for this game. Plus coming off a heartbreaker to Auburn, and no national title possible, and a long layoff, they may lay an egg. I got Oklahoma +500 and felt they had a 1/4ish chance to win.

[tto827]

It's late and I'm half asleep so I'm not going thru the math now.

But how about an if bet starting with auburn, ending with Bama ML. And then just a straight bet on fsu ML to go along with it.

Never done if bets before but seems like you might be able to avoid laying the -700 or so on Bama if fsu wins anyway.

Basically trying to make it as of the easier to hedge game (auburn/fsu) is played first.


***quickly trying to work thru it, this doesn't seem to work like I thought it would, but someone with knowledge might be able to make it work.

[lakerboy]

Don't make bets like this your go to move, you won't last long in this business like that.

not everyone is a square

[STAX]

Honestly, I don't think I have enough funds to make it worth it to hedge with two games left. If Oklahoma wins, then I surely put several K on FSU ML to ensure a 4 digit score.

No luck on a settlement, Carbon doesnt do it.

I have two other parlays as well...

2.75 to win 3100 (Tech, Mich St, Nebraska, Oklahoma, Auburn all MLs)

10.00 to win 1000 (Tex Tech, Oklahoma, Auburn all MLs)

[seaborneq]

not everyone is a square

Tell him to make the same bet with the same odds the next 100 times, and tell me how it turns out. Everybody is already trying to turn water into wine now so that he can salvage 5 dollars. Betting 10K to save 5 dollars is absolutely idiotic everyday of the week.

[STAX]

Tell him to make the same bet with the same odds the next 100 times, and tell me how it turns out. Everybody is already trying to turn water into wine now so that he can salvage 5 dollars. Betting 10K to save 5 dollars is absolutely idiotic everyday of the week.

missing the point of hedging?

[seaborneq]

missing the point of hedging?

I made a 3 teamer bet today without hedging. Sometimes you just let it ride and live and die with the outcome. You don't have to hedge every bet especially a 5 dollar bet that is more lucky than good. Take out a 10k to cover a 5 dollar wager every time you are close to winning and see where you will end up at the end. The Strip in Vegas looks like it does because we lose more than we win, and we chase more than we hold. Good luck with your last two bets nonetheless. If you make risky long shot plays just ride and die with them.

[STAX]

If Oklahoma wins, I could almost gaurentee a 5 fig payout by hedging the FSU/AUB game... Its not just to save $5.00, it is to promise a big payout, thats why you hedge

[STAX]

If Oklahoma wins, and I bet 28K on FSU ML at -280, I am gaurenteed 10Kish reagardless of outcome, hence hedging

[STAX]

Not gonna lie, I dont have 28K to so this with.... my thread is more to get good hedging ideas and strats.... I will let it ride for one more game, if I hit that, Ill definately put a substantial amount on FSU ml. Ill likely put 2800 on FSU to win 1000. Then Im gtd 4 fig payday, and will still hit 35K if Auburn wins.

[lakerboy]

Tell him to make the same bet with the same odds the next 100 times, and tell me how it turns out. Everybody is already trying to turn water into wine now so that he can salvage 5 dollars. Betting 10K to save 5 dollars is absolutely idiotic everyday of the week.

get a hedge calculator and get back to me

[STAX]

BTW, I think parlaying underdog MLs is the way to go this time of year. I hit a good one last week when I put down 10 units on Cardinals over Seahawks and Giants over Lions. Don't like any of the ML this week in the NFL at all though except for San Fran and they a favorite on the road (ugh).

[seaborneq]

I'll help Stax out by putting a substantial amount on my alma mater's ML. That will guarantee a Bama loss, then he will have something to work with.

[STAX]

I'll help Stax out by putting a substantial amount on my alma mater's ML. That will guarantee a Bama loss, then he will have something to work with.

appreciate

[BigDeem5]

Do I need to bump my post. You lay a substantial amount (4 figs) on Bama ml

[VegasInsider]

Not gonna happen. Seems like he doesn't the funds to do it. Gonna have to let it ride and pray for the best. Advice useless at this point.

However, if Oklahoma wins the don't just lay 2800/1000, that's idiotic. Now you're just giving money away. Also don't make a wager until you speak with Carbon. They might want out of the action too.

[STAX]

13) BET ID=43xxxxxxx

Parlay (6 Teams) 12/23/13 05:31 ET bet 5.00 to win 38,913.88 Result: Pending

Auburn FloridaSt 01/06/14(20:35 ET) Auburn +220

CFlorida 52 Baylor 42 01/01/14(20:55 ET) CFlorida +575

MichiganSt 24 Stanford 20 01/01/14(17:15 ET) MichiganSt +200

Nebraska 24 Georgia 19 01/01/14(12:10 ET) Nebraska +285

Oklahoma Alabama 01/02/14(20:30 ET) Oklahoma +500

TexasTech 37 ArizonaSt 23 12/30/13(22:25 ET) TexasTech +420

Lezzz go Oklahoma!!!

[The Giant]

How much money do you have to bet on the other side anyway?

[STAX]

How much money do you have to bet on the other side anyway?

more than I have to make it worth my while

[The Giant]

[VegasInsider]

Might want to start thinking about Bama 2H as a mini hedge...

[hoot29576]

Where are you located? If OK pulls this out you gotta do more than just $2800. Let me know and we can work out a deal. I have the funds.

[steady hustlin]

You hedge when you need the money, otherwise you are just paying 2x juice.

[hoot29576]

If OK wins you gotta hedge. You can win 38K if it hits. Nothing if not or you can bet 28k on Fsu and guarantee a win of 10K on either side. I think that's well worth the effort

[nvrlose37]

This is some sharp bowl play, big dogs this time of year looks great. But honestly you shouldn't hedge that much unless you seriously don't like your Auburn play all of a sudden. Go for it all or for a small consolation hedge if FSU wins.

Unless you really need the money or hate the risk but in that case, I doubt you would be gambling in the first place.

[STAX]

This is some sharp bowl play, big dogs this time of year looks great. But honestly you shouldn't hedge that much unless you seriously don't like your Auburn play all of a sudden. Go for it all or for a small consolation hedge if FSU wins.

Unless you really need the money or hate the risk but in that case, I doubt you would be gambling in the first place.

I had mentioned a $2800 bet on FSU to win 1k as a consolation. Pretty crazy... Also have these two parlays as well...

8) BET ID=43xxxxxx

Parlay (3 Teams) 12/23/13 05:34 ET bet 10.00 to win 988.40 Result: Pending

Auburn FloridaSt 01/06/14(20:35 ET) Auburn +220

Oklahoma 31 Alabama 17 01/02/14(20:40 ET) Oklahoma +500

TexasTech 37 ArizonaSt 23 12/30/13(22:25 ET) TexasTech +420

7) BET ID=43xxxxxx

Parlay (5 Teams) 12/23/13 06:01 ET bet 2.75 to win 3,168.42 Result: Pending

Auburn FloridaSt 01/06/14(20:35 ET) Auburn +220

MichiganSt 24 Stanford 20 01/01/14(17:15 ET) MichiganSt +200

Nebraska 24 Georgia 19 01/01/14(12:10 ET) Nebraska +285

Oklahoma 31 Alabama 17 01/02/14(20:40 ET) Oklahoma +500

TexasTech 37 ArizonaSt 23 12/30/13(22:25 ET) TexasTech +420

[VegasInsider]

Dude, if Oklahoma wins then you HAVE to get some more money down on FSU. How can you possibly let a $5 wager ride and leave $10K+ guaranteed on the table?!?!

For penetrate sakes, PM me. If you don't want to deal with it or don't have the funds JUST REACH OUT. I'll gladly take the hedge and give you your piece. Jesus. There is a way out of this and get FREE MONEY.

Considering you're playing $5 parlays and don't have the loaded funds to properly hedge, $10K is big.

[STAX]

yeah ur right vegas, i will. i have some resources

[Dirty Sanchez]

Hopefully you're dealing with a reputable Sportsbook

[STAX]

carbon, im primarily a poker player

[The Giant]

This thread could take on legendary status if Oklahoma can finish Alabama off.

I don't remember seeing anyone ever hitting (or coming close to hitting) a parlay at 8000-1 or so odds.