Would you hedge this bet?

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  • BigJay
    SBR MVP
    • 01-14-12
    • 3485

    #1
    Would you hedge this bet?
    Futures
    Rams to win NFC +635 risking $750 to win $4762
    Rams to win SB +1300 risking $750 to win $9750

    Thinking about just rolling the dice this weekend. Or would you hedge Saints ML?

    Obviously if Rams win this weekend I could risk the winnings on AFC team in SB to guarantee 10k plus.

    Thanks!
  • Easy-Rider 66
    BARRELED IN @ SBR!
    • 02-14-12
    • 36081

    #2
    I would put 1K on NO and at least win most of my original investment back on LAR. GL.
    Comment
    • danshan11
      SBR MVP
      • 07-08-17
      • 4101

      #3
      i would at least ml the saints to cover your bet
      Comment
      • Festoon
        SBR Wise Guy
        • 12-22-18
        • 605

        #4
        Originally posted by Easy-Rider 66
        I would put 1K on NO and at least win most of my original investment back on LAR. GL.
        I know Jay...it's a tough decision...asking your self and thinking how can I do this? If you happen to roll the dice...I'd be ready to pull the plug on a LIVE BET...If I were in your position and the Rams take the lead by say 7-10...the odds will drop significantly on the Saints...and a good time to make your decision...GOOD LUCK pal what ever you do!
        Comment
        • Easy-Rider 66
          BARRELED IN @ SBR!
          • 02-14-12
          • 36081

          #5
          Originally posted by Festoon
          I know Jay...it's a tough decision...asking your self and thinking how can I do this? If you happen to roll the dice...I'd be ready to pull the plug on a LIVE BET...If I were in your position and the Rams take the lead by say 7-10...the odds will drop significantly on the Saints...and a good time to make your decision...GOOD LUCK pal what ever you do!
          Yeah if he wants to roll the dice wait for a live opportunity. Might be worth the stretch. Tough call.
          Comment
          • Festoon
            SBR Wise Guy
            • 12-22-18
            • 605

            #6
            Originally posted by danshan11
            i would at least ml the saints to cover your bet
            Good advise by Dan as well...looking at Saints ML now...odds are set at -177; doing the calculations you would have to bet exactly $1315 to return $2065 net of $750 and your original bet. You would have invested a total of $1300 now...add $1315 that's $2615...you would be up $2147 right now...hope that answers your question...If I were you take the money or sweat it out...I like Knowing its a winner...next week do the same thing...Rams win... send the same post...GOOD LUCK..

            We should be all here to assist fellow members.
            Last edited by Festoon; 01-17-19, 08:09 AM.
            Comment
            • Festoon
              SBR Wise Guy
              • 12-22-18
              • 605

              #7
              I would wait until the last minute though and watch the line...my guess it might drop a bit? maybe -170...save yourself a little cash...goes up lock in!
              Comment
              • Cuse0323
                BARRELED IN @ SBR!
                • 12-09-09
                • 30169

                #8
                Tough call. I’m not big on hedging, but I see the Saints winning so my thoughts would be to hedge. Still, if I made the bet and had confidence in the Rams then I may just let it ride. Good luck with whatever you do.
                Comment
                • Chi_archie
                  SBR Aristocracy
                  • 07-22-08
                  • 63165

                  #9
                  let it ride
                  Comment
                  • Cuse0323
                    BARRELED IN @ SBR!
                    • 12-09-09
                    • 30169

                    #10
                    Originally posted by Easy-Rider 66
                    I would put 1K on NO and at least win most of my original investment back on LAR. GL.
                    Would probably go with this.
                    Comment
                    • sourtwist
                      SBR Hall of Famer
                      • 11-10-12
                      • 9364

                      #11
                      if you've had the money locked up for a while, you obviously aren't sweating the money and it won't make or break you

                      let it ride if you were confident when bets were made if that's still the case
                      Comment
                      • KiDBaZkiT
                        SBR Posting Legend
                        • 10-20-09
                        • 14962

                        #12
                        No. I would bet additional on the Rams +
                        Comment
                        • BigJay
                          SBR MVP
                          • 01-14-12
                          • 3485

                          #13
                          Thanks for all the advise so far. I liked the Rams a lot more before Cooper Krupp went down. They just haven’t been quite the same since. He made their offense damn near unstoppable an Goff hasn’t been the same either since he’s been gone.

                          Still think they have a chance though. Have to tell you I was really pumped when philly was up 14-0 last week.

                          Leaning toward 1k on Saints ML.
                          Comment
                          • KiDBaZkiT
                            SBR Posting Legend
                            • 10-20-09
                            • 14962

                            #14
                            Originally posted by BigJay
                            Thanks for all the advise so far. I liked the Rams a lot more before Cooper Krupp went down. They just haven’t been quite the same since. He made their offense damn near unstoppable an Goff hasn’t been the same either since he’s been gone.

                            Still think they have a chance though. Have to tell you I was really pumped when philly was up 14-0 last week.

                            Leaning toward 1k on Saints ML.
                            So lets say u do and Rams win, then they lose in the superbowl and u hedge an additional 1k in the superbowl going to slice potential winnings in half.
                            Comment
                            • Checkerboard
                              SBR Hall of Famer
                              • 05-15-06
                              • 7798

                              #15
                              I have a N.O. conference future, took a Rams hedge to cover bet amount.

                              To me hedging the bet amount is factored in up front.
                              Comment
                              • Easy-Rider 66
                                BARRELED IN @ SBR!
                                • 02-14-12
                                • 36081

                                #16
                                Originally posted by KiDBaZkiT
                                So lets say u do and Rams win, then they lose in the superbowl and u hedge an additional 1k in the superbowl going to slice potential winnings in half.
                                AT that point if LAR does win the NFC I would lay off hedging in the bowl at least before the game. Might do a live bet for maybe $250-$500 if I can get good odds but like you said would not want to cut potential winnings in half if they lose the big game.
                                Comment
                                • Kermit
                                  BARRELED IN @ SBR!
                                  • 09-27-10
                                  • 32555

                                  #17
                                  If you hedge anything, just get your initial wager back.
                                  Comment
                                  • Big Bear
                                    SBR Aristocracy
                                    • 11-01-11
                                    • 43253

                                    #18
                                    Originally posted by BigJay
                                    Futures
                                    Rams to win NFC +635 risking $750 to win $4762
                                    Rams to win SB +1300 risking $750 to win $9750

                                    Thinking about just rolling the dice this weekend. Or would you hedge Saints ML?

                                    Obviously if Rams win this weekend I could risk the winnings on AFC team in SB to guarantee 10k plus.

                                    Thanks!
                                    Okay so first of all if it was just the Super Bowl I would say let it ride.

                                    But it’s not... so after giving this a lot of thought your best bet is to take a single bet on Rams +3 and maybe even buy a point to +4.

                                    This “extends your net” so to speak and gives you a chance to win even if you lose.
                                    You feel me?
                                    Comment
                                    • RiverDog21
                                      SBR Wise Guy
                                      • 12-24-18
                                      • 637

                                      #19
                                      I really like the saints to win the nfc championship. The have the far superior quarterback and a signicant home field advantage. With that big of a potential payout I would hedge a lot more than 1000 on the saints like maybe a third of you potential payout and then do it again if the rams somehow win this weekend which I believe they will not. Definitely not trashing the bet as I’d love to be in this position and at the end of the day you’ve got to make the move you feel comfortable with. Good luck
                                      Comment
                                      • Sam Odom
                                        SBR Aristocracy
                                        • 10-30-05
                                        • 58063

                                        #20
                                        "Don't be afraid to win."
                                        Comment
                                        • ThaWoj
                                          SBR Hall of Famer
                                          • 03-09-10
                                          • 6748

                                          #21
                                          Originally posted by KiDBaZkiT
                                          No. I would bet additional on the Rams +
                                          This. Last week I had a ton riding on the saints ml in multiple parlays. Did I hedge with philly? No, when they went down 14-0 and were +3.5 live I pounded the shit out of it and won even more.

                                          I hate hedging unless it's an astronomical amount.
                                          Comment
                                          • sweethook
                                            SBR Posting Legend
                                            • 11-21-07
                                            • 12667

                                            #22
                                            bet more on the rams , lot more cash big. gl
                                            Comment
                                            • Festoon
                                              SBR Wise Guy
                                              • 12-22-18
                                              • 605

                                              #23
                                              Originally posted by RiverDog21
                                              I really like the saints to win the nfc championship. The have the far superior quarterback and a signicant home field advantage. With that big of a potential payout I would hedge a lot more than 1000 on the saints like maybe a third of you potential payout and then do it again if the rams somehow win this weekend which I believe they will not. Definitely not trashing the bet as I’d love to be in this position and at the end of the day you’ve got to make the move you feel comfortable with. Good luck
                                              Agree with you there...less stressful day
                                              Comment
                                              • Hman
                                                SBR Posting Legend
                                                • 11-04-17
                                                • 21429

                                                #24
                                                Originally posted by BigJay
                                                Futures
                                                Rams to win NFC +635 risking $750 to win $4762
                                                Rams to win SB +1300 risking $750 to win $9750

                                                Thinking about just rolling the dice this weekend. Or would you hedge Saints ML?

                                                Obviously if Rams win this weekend I could risk the winnings on AFC team in SB to guarantee 10k plus.

                                                Thanks!


                                                Always 2 key questions to ask yourself when considering hedging:

                                                A. Is the amount at risk or to be won substantial to you?
                                                B. How hard will you be on yourself if you do not hege & come away with nothing?
                                                Comment
                                                • WvGambler
                                                  SBR Posting Legend
                                                  • 04-19-10
                                                  • 11618

                                                  #25
                                                  I think you certainly hedge to get your $750 back. Obviously (I think) 750$ is enough to make you at least consider it...because, we’ll...you’re considering it. Get your original bet back and make those bets free rolls. Use that $750 for Super Bowl props.
                                                  Comment
                                                  • Festoon
                                                    SBR Wise Guy
                                                    • 12-22-18
                                                    • 605

                                                    #26
                                                    Originally posted by Hman
                                                    Always 2 key questions to ask yourself when considering hedging:

                                                    A. Is the amount at risk or to be won substantial to you?
                                                    B. How hard will you be on yourself if you do not hege & come away with nothing?
                                                    Great advise Hman! and my thoughts exactly!!
                                                    Comment
                                                    • Sam Odom
                                                      SBR Aristocracy
                                                      • 10-30-05
                                                      • 58063

                                                      #27
                                                      $750 +/-

                                                      can buy a 65" 2160p - Smart - 4K UHD TV


                                                      Comment
                                                      • Big Bear
                                                        SBR Aristocracy
                                                        • 11-01-11
                                                        • 43253

                                                        #28
                                                        Originally posted by Sam Odom
                                                        $750 +/-

                                                        can buy a 65" 2160p - Smart - 4K UHD TV


                                                        Thats dope
                                                        Comment
                                                        • Optional
                                                          Administrator
                                                          • 06-10-10
                                                          • 60812

                                                          #29
                                                          Don't give away the good odds you bet at.

                                                          Only hedge once. If you bet too much for your stomach to start with.

                                                          And then never do that again.
                                                          .
                                                          Comment
                                                          • CJ
                                                            SBR MVP
                                                            • 09-21-13
                                                            • 1261

                                                            #30
                                                            What you really need to ask yourself, is do you think the Rams will win this weekend? If you've got serious doubt, then hedge. If you still believe the Rams to be the best team, let it ride.
                                                            Comment
                                                            • gauchojake
                                                              BARRELED IN @ SBR!
                                                              • 09-17-10
                                                              • 34103

                                                              #31
                                                              This week is essentially a 1500 bet at half odds so to hedge out at -170 you profit 819 if the Rams lose. I usually hedge guaranteed money but since 750 is your average stake in this example, profiting 819 doesn't seem like a big win for you. Of course the margins in sports betting are super thin so if you are a grinder maybe you want to take it. I'd probably let this week ride and then hedge superbowl for big cash. Good luck either way.
                                                              Comment
                                                              • Big Bear
                                                                SBR Aristocracy
                                                                • 11-01-11
                                                                • 43253

                                                                #32
                                                                Originally posted by Sam Odom
                                                                "Don't be afraid to win."
                                                                Thats what I tell myself everytime I have sex
                                                                Comment
                                                                • cankid
                                                                  SBR Hall of Famer
                                                                  • 08-22-08
                                                                  • 7210

                                                                  #33
                                                                  minimum you should bet the amount to get your $750 back so a $1000 is about right
                                                                  Comment
                                                                  • TheMoneyShot
                                                                    BARRELED IN @ SBR!
                                                                    • 02-14-07
                                                                    • 28672

                                                                    #34
                                                                    Originally posted by cankid
                                                                    minimum you should bet the amount to get your $750 back so a $1000 is about right
                                                                    I agree with this. Always hedge to get your original risk amount back.
                                                                    Comment
                                                                    • gauchojake
                                                                      BARRELED IN @ SBR!
                                                                      • 09-17-10
                                                                      • 34103

                                                                      #35
                                                                      If you want the true arb value you need to figure both bets into the equation. Think tank this shit
                                                                      Comment
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