1. #1
    STAX
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    When to think about hedging?

    I'm pretty new to sports betting, and have a hedging question. I have a 6 team parlay for CFB bowl season. I took 6 underdogs MLs, for a long shot at a giant payout. Already hit Tex Tech (+420) and Nebraska (+285). Have Mich St (+200), C. Florida (+575), Oklahoma (+500), and Auburn (+220) left to go. 1 unit to pay out 7950 units. Do I hedge yet?

  2. #2
    VegasInsider
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    There really isn't any logical way to hedge a 6 teamer when only 2 games are complete. Considering it's only a 1 unit wager and it's an EXTREME longshot, just enjoy the games and chalk it up as a loss. If you somehow get through Michigan State and Baylor, now you can start working out hedge options.

  3. #3
    tto827
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    Oh my, solid plays... hard to hedge out ML dogs cause you're going to have to pay a lot to do it and basically all the remaining games have moved hard against you....

    Maybe do a to win 2u hedge on the next game, and increase the to win on the favorites if the dogs continue to win for you.

  4. #4
    STAX
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    Quote Originally Posted by VegasInsider View Post
    There really isn't any logical way to hedge a 6 teamer when only 2 games are complete. Considering it's only a 1 unit wager and it's an EXTREME longshot, just enjoy the games and chalk it up as a loss. If you somehow get through Michigan State and Baylor, now you can start working out hedge options.
    OK, thanks!

  5. #5
    seaborneq
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    Quote Originally Posted by STAX View Post
    I'm pretty new to sports betting, and have a hedging question. I have a 6 team parlay for CFB bowl season. I took 6 underdogs MLs, for a long shot at a giant payout. Already hit Tex Tech (+420) and Nebraska (+285). Have Mich St (+200), C. Florida (+575), Oklahoma (+500), and Auburn (+220) left to go. 1 unit to pay out 7950 units. Do I hedge yet?
    Don't make bets like this your go to move, you won't last long in this business like that.

  6. #6
    STAX
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    Hedge time now? What do you think? 4 for 4 now, need Oklahoma (+500) and Auburn (+220) now to hit.

  7. #7
    VegasInsider
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    Now you're in some serious business. What an unbelievable position to be in.

    You can pretty much risk whatever you want know, in a variety of ways, to make some good money.

    How much is the parlay for? (how much is one unit)

    PM me if you have any questions. I'll gladly help you out.

  8. #8
    Ghenghis Kahn
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    let your $1 bet ride. what would you hedge with?

    actually do a biggest teaser.

  9. #9
    STAX
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    Quote Originally Posted by VegasInsider View Post
    Now you're in some serious business. What an unbelievable position to be in.

    You can pretty much risk whatever you want know, in a variety of ways, to make some good money.

    How much is the parlay for? (how much is one unit)

    PM me if you have any questions. I'll gladly help you out.
    $5 to win $38,913.88

  10. #10
    VegasInsider
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    What do you mean??

    Who gives a shit if you have to lay -800 on Bama?? Even if he put 8 units on it and lost, now he has a 9 unit wager on the parlay to win some ludicris amount. He's in perfect position and just needs ONE more upset (albeit probably the toughest one).

    I'd be doing one of two things tomorrow:

    1) Calling the sportsbook and see if they want to settle for something, or..

    2) Loading up my account to make the necessary hedge move

  11. #11
    BigDeem5
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    I would hedge the sh*t out of it now.

  12. #12
    sourtwist
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    Good luck stax

  13. #13
    VegasInsider
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    Quote Originally Posted by STAX View Post
    $5 to win $38,913.88
    Jesus fukking christ. Pardon my french.

    OK, I'm going to help you through this.

    Think about it this way. To take Alabama -800 to get your original stake back ($40 to win $5) and it loses...big deal. Now you have a $45 wager to win 38K+

  14. #14
    BigDeem5
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    You lay about 7.5k-10k on Bama ml

    If OK wins...

    You lay about 5k-7k on Fla St Ml

  15. #15
    BigDeem5
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    Quote Originally Posted by VegasInsider View Post
    Jesus fukking christ. Pardon my french.

    OK, I'm going to help you through this.

    Think about it this way. To take Alabama -800 to get your original stake back ($40 to win $5) and it loses...big deal. Now you have a $45 wager to win 38K+
    Please do not listen to this nit wit.

    Are you fukking kidding? $40 to win $5?

  16. #16
    COdoubleBizzle
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    Quote Originally Posted by STAX View Post
    $5 to win $38,913.88
    no way oklahoma beats bama man

  17. #17
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    Quote Originally Posted by BigDeem5 View Post
    I would hedge the sh*t out of it now.
    Yes, get out now for as much as you can. Since it's only $5 original stake, you won't have to take out a bank loan to get enough cash to make it worth while.

    My play would be a variety of teasers, parlays, ML wagers to try and maximize.

    Since you're making $5 parlays, I can't imagine you have $10K in your account. If so, you can lay $8,000 on Alabama ML and if they win, you're up $1,000. If they lose, you have $8,000 to win $38K on Monday and a much cheaper favorite to TRUE HEDGE with.

  18. #18
    VegasInsider
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    Quote Originally Posted by BigDeem5 View Post
    Please do not listen to this nit wit.

    Are you fukking kidding? $40 to win $5?
    No no no. I was just putting it in terms on a smaller scale. Of course not. I'd be loading up my account right now and probably trying to get $8-10K risk on Bama

  19. #19
    BigDeem5
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    No shit. You get 8k to hedge with.

    No ifs and or buts.

  20. #20
    VegasInsider
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    Quote Originally Posted by BigDeem5 View Post
    You lay about 7.5k-10k on Bama ml

    If OK wins...

    You lay about 5k-7k on Fla St Ml
    This.

    I hope to hell it's with a reputable sportsbook.

  21. #21
    VegasInsider
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    Quote Originally Posted by BigDeem5 View Post
    No shit. You get 8k to hedge with.

    No ifs and or buts.
    btw, you're kind of a dick. I'm no 'nit wit'

  22. #22
    STAX
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    Quote Originally Posted by COdoubleBizzle View Post
    no way oklahoma beats bama man
    I think they have a legit shot, although I dont feel great about it.

    If I hedge I'd put XXXX on Bama ML, and then put enough on FSU to recoup that loss plus make a profit if need be. Sound about right? Not going to put 10K on Bama, lose that and then only put 7K on FSU.

  23. #23
    Ghenghis Kahn
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    not sure what the max bet is for 17pt teasers but i'd do that at all the books that offer with alabama and florida st.

    thank me later...

  24. #24
    The Giant
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    Quote Originally Posted by STAX View Post
    I'm pretty new to sports betting, and have a hedging question. I have a 6 team parlay for CFB bowl season. I took 6 underdogs MLs, for a long shot at a giant payout. Already hit Tex Tech (+420) and Nebraska (+285). Have Mich St (+200), C. Florida (+575), Oklahoma (+500), and Auburn (+220) left to go. 1 unit to pay out 7950 units. Do I hedge yet?
    What book is this?

    I'll let you know if there's even a chance of getting paid. Once we figure that out, we'll work on some guaranteed profits.

  25. #25
    VegasInsider
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    17 point teaser option might not be a bad one. It should be less vig then the odds out there. It's something to think about. Problem is, not many shops offer it. Main thing is I hope this guy is at Heritage, 5Dimes or one of the reputable Euro books.

  26. #26
    STAX
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    carbon sportsbook

  27. #27
    STAX
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    most i can do is a 10 pt teaser... they have Bama (-17) FSU (-7.5)

  28. #28
    STAX
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    just emailed about settlement

  29. #29
    BigDeem5
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    Oh, god.

    Carbon Sportsbook.

    They take a while to pay $600, yet alone $38k.

  30. #30
    STAX
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    yeah it takes a minute to get paid but I always have. had 13k in there 6 months ago and got it. been on the site for 8 years

  31. #31
    Ghenghis Kahn
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    Quote Originally Posted by STAX View Post
    carbon sportsbook


    don't waste your time and money.

    you're not gonna get paid a cent.

    actually never mind, i thought they weren't paying but guess they are paying again...

    http://forumserver.twoplustwo.com/28.../index104.html

    still wouldn't spend money hedging at other books with money wager at carbon.

  32. #32
    The Giant
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    Quote Originally Posted by STAX View Post
    carbon sportsbook
    This isn't good. I used to play poker there, and they took months to pay, and it was only $2500 at a time.
    Are they any better?

  33. #33
    STAX
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    u can stack ur cashouts, takes about a month to get the first 2500 but then u get the other 2500 cashouts a week or two apart

  34. #34
    tto827
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    What good does the 17 point teaser do him?

    If one fav wins one dog wins he gets absolutely assraped.

    Open an account at bovada to bet Florida state -280 (if Oklahoma wins)

    This part you should do asap:
    Open an account at betonline and bet Bama -650 (best line available where you're sure to get paid)

    As for the amounts, that's up to you. But I'd be sure to make at least $500 for making it this far.

  35. #35
    InTheDrink
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    Quote Originally Posted by The Giant View Post
    This isn't good. I used to play poker there, and they took months to pay, and it was only $2500 at a time.
    Are they any better?
    thegiant happy new year!
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