Urgent: Please help me hedge my bet!!!

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • WRMusic
    SBR Hustler
    • 12-29-18
    • 99

    #1
    Urgent: Please help me hedge my bet!!!
    I have this parlay pending that only needs the Chicago Bears to WIN (ML bet) against the KC Chiefs. If the Bears win then that $5.00 parlay will return $210.00

    In my “bank” or available funds, I currently have $265.00, so my question is this:

    With the $265.00 in my available balance, WHAT WOULD BE THE SMARTEST WAY TO HEDGE AGAINST MY PARLAY BET, in the (very likely) case that the Chiefs WIN the game?

    Sorry. I’m pretty new at playing parlays and hedging. Anybody’s assistance would be so GREATLY APPRECIATED!

    Thanks everyone ahead of time.
  • funnyb25
    BARRELED IN @ SBR!
    • 07-09-09
    • 39663

    #2
    Dude, you bet 5 bucks. You let it ride.
    Comment
    • jjgold
      SBR Aristocracy
      • 07-20-05
      • 388179

      #3
      Your joking right??
      $265???

      Just leave it, if not you have no business
      Gambling because your underfunded

      This game
      Not for you papi
      Comment
      • ThaTopMoron
        BARRELED IN @ SBR!
        • 04-30-10
        • 27020

        #4
        Originally posted by WRMusic
        I have this parlay pending that only needs the Chicago Bears to WIN (ML bet) against the KC Chiefs. If the Bears win then that $5.00 parlay will return $210.00

        In my “bank” or available funds, I currently have $265.00, so my question is this:

        With the $265.00 in my available balance, WHAT WOULD BE THE SMARTEST WAY TO HEDGE AGAINST MY PARLAY BET, in the (very likely) case that the Chiefs WIN the game?

        Sorry. I’m pretty new at playing parlays and hedging. Anybody’s assistance would be so GREATLY APPRECIATED!

        Thanks everyone ahead of time.
        lol don't hedge
        Comment
        • Big Bear
          SBR Aristocracy
          • 11-01-11
          • 43253

          #5
          Originally posted by jjgold
          Your joking right??
          $265???

          Just leave it, if not you have no business
          Gambling because your underfunded

          This game
          Not for you papi
          lol “underfunded”
          Comment
          • cincinnatikid513
            SBR Aristocracy
            • 11-23-17
            • 45360

            #6
            Originally posted by jjgold
            Your joking right??
            $265???

            Just leave it, if not you have no business
            Gambling because your underfunded

            This game
            Not for you papi
            look who's talking 2 dollar bettor
            Comment
            • RangeFinder
              SBR Hall of Famer
              • 10-27-16
              • 8041

              #7
              Originally posted by WRMusic
              I have this parlay pending that only needs the Chicago Bears to WIN (ML bet) against the KC Chiefs. If the Bears win then that $5.00 parlay will return $210.00

              In my “bank” or available funds, I currently have $265.00, so my question is this:

              With the $265.00 in my available balance, WHAT WOULD BE THE SMARTEST WAY TO HEDGE AGAINST MY PARLAY BET, in the (very likely) case that the Chiefs WIN the game?

              Sorry. I’m pretty new at playing parlays and hedging. Anybody’s assistance would be so GREATLY APPRECIATED!

              Thanks everyone ahead of time.
              I'm sorry you didn't get your answer you were looking for. Unfortunately we have a bunch of smart asses who think they're too good to answer a newbie's question.

              Your bet going into the last game was going to pay you 50-1 or +5000. Your bet to hedge would be $133.57 on Kansas City for a guaranteed profit of $116.43.

              In the future if this happens to you again you can go to the calculator that SBR provides in the handicapping think tank forum. Use the "Arbitrage" calculator and you're good to go.

              Again I'm sorry I did not see this earlier. I cannot believe with the experience this forum has that somebody did not step up to help you. Good luck in the future buddy.
              Comment
              • Big Bear
                SBR Aristocracy
                • 11-01-11
                • 43253

                #8
                I hope you hedged

                Bears are struggling
                Comment
                • gauchojake
                  BARRELED IN @ SBR!
                  • 09-17-10
                  • 34117

                  #9
                  Comment
                  • lonegambler23
                    SBR Hall of Famer
                    • 06-22-16
                    • 9760

                    #10
                    lol i wouldnt worry about lunch money man
                    Comment
                    • RangeFinder
                      SBR Hall of Famer
                      • 10-27-16
                      • 8041

                      #11
                      Originally posted by lonegambler23
                      lol i wouldnt worry about lunch money man
                      That's beside the point here

                      He had 50-1 equity in a parlay he wanted to hedge. The amount bet is irrelevant.
                      Comment
                      • Big Bear
                        SBR Aristocracy
                        • 11-01-11
                        • 43253

                        #12
                        sometimes baptism by fire is the only way to learn
                        Comment
                        Search
                        Collapse
                        SBR Contests
                        Collapse
                        Top-Rated US Sportsbooks
                        Collapse
                        Working...