1. #106
    ByeShea
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    Quote Originally Posted by mncosoldier View Post
    No Nove -4.5 is like plus 200


    What the hell kind of hedge was that?

  2. #107
    seaborneq
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    Quote Originally Posted by Slipknot26 View Post
    If people had the money , easy to bet 7500 the other side , he could have made around 7k regardless.
    Not everyone has those kinds of funds to hedge.
    I'm glad he won money , making money is what matters .
    Damn right. It's easy to spend somebody else's money

  3. #108
    jmunzz1116
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    Tough, Sorry bro! I know I could use that kind of money.

  4. #109
    Ghenghis Kahn
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    Quote Originally Posted by seaborneq View Post
    Damn right. It's easy to spend somebody else's money
    then why even ask a stupid question like should i hedge or let it ride and do some bullshit bets like this?

    Quote Originally Posted by mncosoldier View Post
    1000 on NOVA ML
    500 NOVA -4.5 +odds
    if he has $1500 to bet, bet the whole thing on nova ml.

    i was partially kidding when i said, hedge $30,000 on nova but if you're gonna hedge, do it right.

    from a guaranteed $7400 profit to winning what? ~$670? c'mon man. that's a bad move no matter how you put it.
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  5. #110
    Mac4Lyfe
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    Quote Originally Posted by seaborneq View Post
    Damn right. It's easy to spend somebody else's money
    I hate to sound smug but anyone that can't get $8k in a few days, really need to rethink what they're doing.

  6. #111
    Mac4Lyfe
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    Quote Originally Posted by Ghenghis Kahn View Post
    then why even ask a stupid question like should i hedge or let it ride and do some bullshit bets like this?

    if he has $1500 to bet, bet the whole thing on nova ml.

    i was partially kidding when i said, hedge $30,000 on nova but if you're gonna hedge, do it right.

    from a guaranteed $7400 profit to winning what? ~$670? c'mon man. that's a bad move no matter how you put it.

    It's an irresponsible move as well. I don't care how much you believe a team is going to win. Why take the chance? This is why many SBR folks need to go to gamblers anonymous.

  7. #112
    R.P. McMurphy
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    Ugh tough loss but agree with Mac here. I had couple hundo on Nova +2.5 and fity on ml but Damn!!!! No need to pour salt in wounds but tough loss brutha hope you learned.

  8. #113
    Cookie Monster
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    Too bad people does not understand the concept of hedging. Hedging is a tool to decrease risk and cash out of a position, not a way to gamble more. Also, as any other bet, it should aim to maximize bankroll growth. Hedging or not, and the hedging amount is heavily dependent on bankroll size. If your bankroll is big enough you should not hedge, unless the hedge bet is +EV on itself.

    Also, I do not understand why many players think on spread first when hedging. The perfect hedge to get out of this position is a moneyline. Risking more to have a longshot for a middle is not worth it. It is a bit complicated to compute bankroll growth with middle chances, but almost always you get better results with the moneyline hedge.

    So, in short. If your bankroll is big enough, you should hedge in full (and then slightly more) only if you consider Villanova ML as +EV. If you consider Nova ML as -EV, you should hedge less, or even no hedge. OTOH, if your bankroll is very small, you should hedge in full with Villanova ML always.

    I miss SBRforum golden era, when Ganchrow would post the equations to demonstrate the issue, and give you a formula or even a spreadsheet to hedge optimally.
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  9. #114
    mikmik
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    Lol, 7400 to winning 1000 Yea that made a lot of sense. Another sbr a**hole. What a wasted opportunity to win a nice chunk of change.

  10. #115
    shaunovery
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    Should of just had 5k on nova ml and take 8k

  11. #116
    Mac4Lyfe
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    Quote Originally Posted by Cookie Monster View Post
    Also, I do not understand why many players think on spread first when hedging. The perfect hedge to get out of this position is a moneyline. Risking more to have a longshot for a middle is not worth it. It is a bit complicated to compute bankroll growth with middle chances, but almost always you get better results with the moneyline hedge.

    I miss SBRforum golden era, when Ganchrow would post the equations to demonstrate the issue, and give you a formula or even a spreadsheet to hedge optimally.
    Exactly... This was a fukking no brainer but the op either got too greedy or was severely underfunded to cover his position.

  12. #117
    USCPHILLYGUY
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    How someone can't come up with 7k is beyond me......christ just take cash advances on your credit card then pay them back ASAP.....

    guy had what, 1200 post in 7 years? Just came on hear thinking Carolina was a slam dunk & gloating about the 14K he thought was already in the bag.....

  13. #118
    mncosoldier
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    Gents thanks for all the input.... Trust me I got some live Nova + money when they where down 7. It's all good I didn't make 14,800 but I'm walking away happy. Thanks for the support or lack of support.
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  14. #119
    Smoke
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    Quote Originally Posted by USCPHILLYGUY View Post
    How someone can't come up with 7k is beyond me......christ just take cash advances on your credit card then pay them back ASAP.....

    guy had what, 1200 post in 7 years? Just came on hear thinking Carolina was a slam dunk & gloating about the 14K he thought was already in the bag.....
    This is SBR...



    $8 yes... 8k lol

  15. #120
    USCPHILLYGUY
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    Quote Originally Posted by mncosoldier View Post
    Gents thanks for all the input.... Trust me I got some live Nova + money when they where down 7. It's all good I didn't make 14,800 but I'm walking away happy. Thanks for the support or lack of support.
    they were down 7 once with 15 seconds left in the half........did you take nova - 1/2 for the 2nd half?
    see you in 2 years soldier

  16. #121
    Mac4Lyfe
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    Quote Originally Posted by USCPHILLYGUY View Post
    they were down 7 once with 15 seconds left in the half........did you take nova - 1/2 for the 2nd half?
    see you in 2 years soldier
    Inquiring minds would love to know how to get a live bet with 15 seconds to go in the half...

  17. #122
    Mac4Lyfe
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    Quote Originally Posted by mncosoldier View Post
    Gents thanks for all the input.... Trust me I got some live Nova + money when they where down 7. It's all good I didn't make 14,800 but I'm walking away happy. Thanks for the support or lack of support.
    I didn't see one person not wish you good luck nor anyone who wasn't happy for you. Everyone was genuinely rooting for you.

    But you asked for advice then basically ignored everything anyone said. It's your money, so your decisions, no problem there. Yet, this thread should be a reminder to many that theres no sure thing and you should ALWAYS hedge.

  18. #123
    Smoke
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    Quote Originally Posted by Mac4Lyfe View Post
    Inquiring minds would love to know how to get a live bet with 15 seconds to go in the half...
    Thats because its...


  19. #124
    SpreadSniper
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    can't fix stupid.

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