[ByeShea]

No Nove -4.5 is like plus 200

What the hell kind of hedge was that?

[seaborneq]

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

[jmunzz1116]

Tough, Sorry bro! I know I could use that kind of money.

[Ghenghis Kahn]

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?

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.

[Mac4Lyfe]

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.

[Mac4Lyfe]

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.

[R.P. McMurphy]

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.

[Cookie Monster]

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.

[mikmik]

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.

[shaunovery]

Should of just had 5k on nova ml and take 8k

[Mac4Lyfe]

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.

[USCPHILLYGUY]

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.....

[mncosoldier]

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.

[Smoke]

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

[USCPHILLYGUY]

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

[Mac4Lyfe]

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...

[Mac4Lyfe]

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.

[Smoke]

Inquiring minds would love to know how to get a live bet with 15 seconds to go in the half...

Thats because its...

[SpreadSniper]

can't fix stupid.