1. #1
    TMoney33
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    Any way to hedge SuperBowl futures this early?

    Earlier in the year, I placed to futures bets on the SuperBowl winner. I got SF at +4200, and DEN at +40000. I want to try hedging these if possible.

    I considered betting each remaining opponent of the two teams, but I'm not sure if it makes sense for SF, and definitely not DEN. NO is only -200, so it's a possibility. However NE is -850, so I definitely can't see hedging it this way.

    I also considered betting the field on SuperBowl futures, but there are too many teams left for this to be profitable.

    Is it too early to try hedging, or am I missing another possibility?

    Thanks in advance!

  2. #2
    mathdotcom
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    way too early

    also, why the fukk did you bet futures if you knew you'd want to hedge? why didnt you just bet denver to beat the steelers.

  3. #3
    paranoyd androyd
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    how much do you have on each?

  4. #4
    k13
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    Try a bal/ne/gb ml parlay. This will open up a lot of things of both sides if you lose.

    Also a NO/NE ml parlay is not a bad idea. Try getting better lines though.

  5. #5
    ApricotSinner32
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    Quote Originally Posted by mathdotcom View Post
    way too early

    also, why the fukk did you bet futures if you knew you'd want to hedge? why didnt you just bet denver to beat the steelers.

  6. #6
    McBa1n
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    Quote Originally Posted by mathdotcom View Post
    way too early
    This.
    Let it ride and see what happens. My Denver future is all I have left (thanks ATL and DET).

  7. #7
    warriorfan707
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    Quote Originally Posted by mathdotcom View Post
    way too early

    also, why the fukk did you bet futures if you knew you'd want to hedge? why didnt you just bet denver to beat the steelers.
    He said he placed the futures bets much earlier in the year.

  8. #8
    mathdotcom
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    Only if Denver beats the Pats does your Denver future have any serious value, and by serious value I mean as a % of your original bet. Right now, on a $1 bet it's probably worth like $5. And my guess is you put $20 on it.

  9. #9
    TMoney33
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    Quote Originally Posted by mathdotcom View Post
    way too early also, why the fukk did you bet futures if you knew you'd want to hedge? why didnt you just bet denver to beat the steelers.
    I placed these in like week 6 or something just for fun. At the time, I never even considered what I'd do if they made it this far, because I never really expected it to happen. Now that it's here, I figured I should check out my options to lock in some profit. I did get DEN at +310 against PIT too .

    Quote Originally Posted by k13 View Post
    Try a bal/ne/gb ml parlay. This will open up a lot of things of both sides if you lose. Also a NO/NE ml parlay is not a bad idea. Try getting better lines though.
    Thanks for the ideas. I can see how there could be value in the NO/NE parlay.

  10. #10
    p19101
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    You can lay the futures at BetFair.

  11. #11
    the_situation
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    Quote Originally Posted by p19101 View Post
    You can lay the futures at BetFair.

  12. #12
    TMoney33
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    Quote Originally Posted by p19101 View Post
    You can lay the futures at BetFair.
    US player, so no-go on BetFair. Thanks though.

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