I have a 12 game parlay $1 to win $2325.66, at what point should I hedge it?

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  • plzkthx
    SBR Sharp
    • 11-25-09
    • 487

    #1
    I have a 12 game parlay $1 to win $2325.66, at what point should I hedge it?
    I kno its still a very long shot but I am 6/12 so far, $1 to win $2,325.66. I actually feel like I have some decent picks going to the finish. So at what point should I hedge it? 1-2 games left? 3-4 games left? My bank roll is really low, just under $400 left since i cashed out recently. I want some advice to maximize my win.

    Funny thing is last month I hit a 10 game parlay NHL $2 to win $750...only profited just under 400 since i hedged it, which i didn't need too.
  • TheLock
    SBR Posting Legend
    • 04-06-08
    • 14427

    #2
    With 6 to go you don't have to much to be concerned about. One of the 6 will lose. Good luck though.


    /Debbie Downer
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    • plzkthx
      SBR Sharp
      • 11-25-09
      • 487

      #3
      Originally posted by TheLock
      With 6 to go you don't have to much to be concerned about. One of the 6 will lose. Good luck though.


      /Debbie Downer
      Yea I figured that. But Im actually trying to shoot for 3-4 more wins so I can hedge it.
      Comment
      • G's pks
        Restricted User
        • 01-01-09
        • 22251

        #4
        nothing like posting a thread like this with none of the picks before the game...
        Comment
        • playersonly69
          SBR Posting Legend
          • 01-04-08
          • 12827

          #5
          DOnt hedge at all!

          If you were going to hedge it at all, then you should have just bet a 10 team parlay
          Comment
          • cap10
            SBR Sharp
            • 09-15-07
            • 494

            #6
            shoulda bet a 11/12 round robin-- $12--- 1 loser still pays
            Comment
            • CappinTerp
              SBR Hall of Famer
              • 11-26-09
              • 9650

              #7
              I am no math wiz, but you cannot properly hedge untill you go 11--0. GL
              Comment
              • Jshap1515
                SBR MVP
                • 02-16-09
                • 1023

                #8
                Originally posted by CappinTerp
                I am no math wiz, but you cannot properly hedge untill you go 11--0. GL
                Ehh not really. Id say hedge if you get to 10 wins. Then bet $200 on each game the other way.

                Therefore, If both lose, you hit your parlay
                If one lose, you're down $21.
                If both lose, you up $399.
                Comment
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