Need Advice on hedging Super Bowl

[Big Bear]

Aight fellas I may have started another thread about this in the NFL forum awhile back but i couldnt find it...

anyhow i got a seahawks to win super bowl future and i stand to have $4,400 coming
to me (which includes the $800 i have invested )if Seahawks win.

and i will have $2,020 if Patriots win which includes what i had to put down to hedge...

I feel very fortunate that the Seahawks had a miracle come back and have made it this far so i feel like i had to hedge to ensure i get atleast some profit since the Seahawks covered 6 out of the last 8 games since i picked them to win super bowl and could potentially still not win the big game

BUT what really bothers me is i had paid a ton of money in juice to hedge on this... i got -120 and i got -115 and -113... i dont have the numbers in front of me but i estimate i paid about $200-$300 in juice!

right now i can get Patriots - 1 at -101 and i hate that i hedged and got a bad line so i am thinking about putting more on this

Or maybe i should buy the Patriots bets back with Seahawks ML -102 and essentially not hedge at all bc this line movement probably means Seattle wins

Basically i'm not really rollin in cash right now so i kinda need to make sure i get something out of this so i will be str8 for MLB..i hate to second guess myself on Seahawks but Patriots -1 -101 is very tempting

would u guys throw another $400 on Patriots?

[SEAHAWKHARRY]

Your throwing money away bear

SEATTLE wins 64% of money hitting New England line isn't moving Vegas builds streets of gold off Super Bowl bettors

[sourtwist]

Harry I have no prob with you.

That said bear, dont listen to a word he says about this game.

I have no other advice for you. Good luck.

[GunShard]

You hedged enough.
Let it ride.

[Big Bear]

You hedged enough.
Let it ride.

yeah i just feel like an idiot for laying unnecessary juice

[The Giant]

Stay the course.

[Ratzz]

Aight fellas I may have started another thread about this in the NFL forum awhile back but i couldnt find it...

anyhow i got a seahawks to win super bowl future and i stand to have $4,400 coming
to me (which includes the $800 i have invested )if Seahawks win.

and i will have $2,020 if Patriots win which includes what i had to put down to hedge...

I feel very fortunate that the Seahawks had a miracle come back and have made it this far so i feel like i had to hedge to ensure i get atleast some profit since the Seahawks covered 6 out of the last 8 games since i picked them to win super bowl and could potentially still not win the big game

BUT what really bothers me is i had paid a ton of money in juice to hedge on this... i got -120 and i got -115 and -113... i dont have the numbers in front of me but i estimate i paid about $200-$300 in juice!

right now i can get Patriots - 1 at -101 and i hate that i hedged and got a bad line so i am thinking about putting more on this

Or maybe i should buy the Patriots bets back with Seahawks ML -102 and essentially not hedge at all bc this line movement probably means Seattle wins

Basically i'm not really rollin in cash right now so i kinda need to make sure i get something out of this so i will be str8 for MLB..i hate to second guess myself on Seahawks but Patriots -1 -101 is very tempting

would u guys throw another $400 on Patriots?

can you spell k-a-r-m-a?

how about d-o-o-m-e-d?

Pats are DOOMED.

put that dough on the Seahawks or give it charity.
better yet, put it in the bank.'

[SEAHAWKHARRY]

Harry I have no prob with you.

That said bear, dont listen to a word he says about this game.

I have no other advice for you. Good luck.

I'm cool with you just that SEAHAWKS win line says everything majority on pats sea +1 still

Just happens to be the same team I live but go look at all the different sites that show u betting consensus

Nuff said

[Bigbill365]

you have around a +400-+500 on the seahawks which is now at -110 or close to that so thats good.Now you have what $1,000 on pats to win around $1,000? If it was me i wouldnt bet no more on the pats id wait to see what numbers you can get in live betting if the opportunity comes and you can get Pats +EV money then take it for $400-$500 or take the points and hope for a middle if you can get a New England +3 take it rather then the ML

[STAX]

Im usually against hedging, but I think hedging futures bets is a good idea sometimes. You got Seattle at a great price, and its a true 50/50 matchup in the Super Bowl, so yeah, I think your hedge is fine. I always like to try and find a middle somewhere... wonder what kind of price you'd have gotten on NE +3... -150 or -160 Im guessing. I'd have liked to have seen you put $2250 on NE +3 to win $1500... give yourself a chance to win em both...

[jjgold]

Bear your a sharp mother fukker

I love your position right now

Keep up the excellent work

[italianbandit]

I'm cool with you just that SEAHAWKS win line says everything majority on pats sea +1 still

Just happens to be the same team I live but go look at all the different sites that show u betting consensus

Nuff said

This is meaningless.

[SEAHAWKHARRY]

This is meaningless.

Same thing said to me last year thanks
Appreciate it
Love your input and story

[laclippers504]

Bear is a boss

[Russian Rocket]

Bear is a boss

[boomer62]

Aight fellas I may have started another thread about this in the NFL forum awhile back but i couldnt find it...

anyhow i got a seahawks to win super bowl future and i stand to have $4,400 coming
to me (which includes the $800 i have invested )if Seahawks win.

and i will have $2,020 if Patriots win which includes what i had to put down to hedge...

I feel very fortunate that the Seahawks had a miracle come back and have made it this far so i feel like i had to hedge to ensure i get atleast some profit since the Seahawks covered 6 out of the last 8 games since i picked them to win super bowl and could potentially still not win the big game

BUT what really bothers me is i had paid a ton of money in juice to hedge on this... i got -120 and i got -115 and -113... i dont have the numbers in front of me but i estimate i paid about $200-$300 in juice!

right now i can get Patriots - 1 at -101 and i hate that i hedged and got a bad line so i am thinking about putting more on this

Or maybe i should buy the Patriots bets back with Seahawks ML -102 and essentially not hedge at all bc this line movement probably means Seattle wins

Basically i'm not really rollin in cash right now so i kinda need to make sure i get something out of this so i will be str8 for MLB..i hate to second guess myself on Seahawks but Patriots -1 -101 is very tempting

would u guys throw another $400 on Patriots?

Have you not learned from the last time you hedged a parlay and ended up giving back like 40% of your profit(lost the hedge). Now you are already giving back 2k on $3600, which means you only win $1600. If you like Seattle I would have waited to see if you can get Seattle +2 and buy a point and get them +3 and have the ML and plus a field goal. I wouldn't have hedged but if anything no more then original amount of $800.
Haven't capped the game yet, but think Karma may be on Seattle side, good luck but don't always play it safe.

[italianbandit]

Same thing said to me last year thanks
Appreciate it
Love your input and story

I should have been more specific. Saying the line says everything is incorrect, it's just not true, neither is using a one game sample of last years super bowl. Talking about what you know being a fan of the Seahawks is better. Anyhow, I'll be on the Hawks myself. Good luck and enjoy the game, it should be fun.

[Double Bogey]

Ever wonder why books have no problem with hedging? If you hedge your bets consistently, you need to study up on gambling principles. I guess dumb asses will never learn

[PAYTON20]

Bear wtf man are you scared?

Buy out of your hedge

[Dollars2Donuts]

Bear is a boss

Sorry....you are the boss, Bear is a stain on SBR. You must have just been confused for a bit.

I hope I helped straighten you out.

Cheers