Would you hedge this bet?

[DiggityDaggityDo]

[johnnyvegas13]

Ya I would hedge it today

nobody was talking about Loyola before the tourney

now everybody has them in final 4

[jjgold]

yes

[vitterd]

Nah

[d2bets]

50 bucks let the shit ride and consider again if they make the FF.

[johnnyvegas13]

50 bucks let the shit ride and consider again if they make the FF.

U really never hedge a future till final 4

[mikmik]

Hell yea , at least bet Oregon st today ml for 2k

[MinnesotaFats]

Yes

They have 4 games left at most

You wanna make $$$ so today you lay 60k on the chalk, in elite 8 you'd lay 60k on the chalk, final 4 you'd lay 60k, etc you win 10k if they win it all, you'd wind 30k or so if they lose...you can't lose here

[Ian]

No. Hedging crushes your own odds. If you can't take the sweat of a longshot then don't make the bet in the first place.

Beyond that, it's especially counterproductive to hedge the bet now when Loyola is a 3: 1 favorite to advance to the next round. At least wait until they're a dog or smaller favorite to do it.

[JIBBBY]

I'd wait another game.

[d2bets]

5,000-1 odds was insane though. Great bet.

[johnnyvegas13]

5,000-1 odds was insane though. Great bet.

Ya to get a 5000-1 to the sweet 16 already an accomplished

[mrpapageorgio]

I'd just bet enough to win my original bet back and martingale until the championship. Wouldn't consider a larger hedge until then.

[d2bets]

I'd just bet enough to win my original bet back and martingale until the championship. Wouldn't consider a larger hedge until then.

Seriously? For 50 bucks? At that amount, I'd rather just say I let it ride.

[slayer14]

is that your ticket diggity

[DiggityDaggityDo]

is that your ticket diggity

Nope

I read the guy is teying to sell the ticket

[Sam Odom]

$100.00 on State +7

[DiggityDaggityDo]

Nope

I read the guy is teying to sell the ticket

For $16k I believe at Propswap

[DiggityDaggityDo]

This one just sold for $4.7K

[carolinakid]

no, they will win today against state

[cincinnatikid513]

how can u hedge this early

[pilebuck13]

Yes

They have 4 games left at most

You wanna make $$$ so today you lay 60k on the chalk, in elite 8 you'd lay 60k on the chalk, final 4 you'd lay 60k, etc you win 10k if they win it all, you'd wind 30k or so if they lose...you can't lose here

Most people don’t have that cash flow laying around assuming he did yah you always hedge

[pologq]

for 50 i would not hedge now. earliest final 4 and see what the odds are.

[ace7550]

This ticket is currently worth about 15k. If you don't hedge you are betting 15k on Loyola Chicago.
I would bet somewhere in the neighborhood of 10k on Oregon St. If Oregon St. wins you get 25k. If they lose you have a ticket worth somewhere in the 40k range.
Never let such a great future bet go to waste.

[DrunkHorseplayer]

No. Hedging crushes your own odds. If you can't take the sweat of a longshot then don't make the bet in the first place.

Beyond that, it's especially counterproductive to hedge the bet now when Loyola is a 3: 1 favorite to advance to the next round. At least wait until they're a dog or smaller favorite to do it.

+100

[manny24]

fukkin Ace kid sharp as a tack

[Doug tushyterror]

Hate to jinx it but totally forgot about the propswap angle. Based on my rather tenuous job situation, I wouldn't be opposed to selling these for 40 cents on the dollar ($92.2K) on April 6 if that's still an option.

[mikmik]

That’s 2k ml bet on Oregon st looks good now

[johnnyvegas13]

Is it too late to hedge ???

[TheMoneyShot]

Never understood the philosophy of letting a $50.00 ride??? The point is trying to make a return on the initial wager... Yes... you start hedging.

[Sam Odom]

$100.00 on State +7

[mrpapageorgio]

Seriously? For 50 bucks? At that amount, I'd rather just say I let it ride.

Why not? You get your bet back if they lose and if they win you’re not out much, preserve your bank when you have a chance.

[mikmik]

Dumb

[Sam Odom]

Lock up State +7

[Black Coffee]

Yep