1. #1
    killykole
    killykole's Avatar Become A Pro!
    Join Date: 03-29-18
    Posts: 5
    Betpoints: 24

    At what $/point you hedge your future/parlay?

    Basically, I have Villanova at +1000 to win.

    They will be a relatively heavy favorite going forward which means I get favorable bets if I hedge against them.

    So, if I ...

    1) Let it ride, I get $1000. That's obvious. If they lose, I'm -$100.

    2) If I wait until they make the championship game, and hedge against them, I'm probably looking at $600-650 guaranteed profit hedging against them. If Loyola makes the championship and Villanova creams Kansas like they did Oklahoma a couple years back, maybe as much as $750 guaranteed profit. If they lose Saturday, I'm -$100.

    3) Hedge before Saturday's games, at which I hedge against each of Villanova's opponents. This involves a series of bets made assuming Villanova could lose either day, but I estimate about $300 guaranteed profit.

    I'm not a prolific sports gambler. $1000 is not a LOT of $ to me, but not peanuts either. I don't think I could go +$1000 versus -$100, but +$300 versus -$100 is a little bit more negotiable.

  2. #2
    BIGDAY
    cureangelman.org
    BIGDAY's Avatar SBR PRO
    Join Date: 02-17-10
    Posts: 48,226
    Betpoints: 121

    Let it RIDE!

    $20
    Angelman
    donation 02/15/2021

    SBR Bash
    Punta Cana
    Attendee 2/4/2017


  3. #3
    Waterstpub87
    Life-Style Arbitrage
    Waterstpub87's Avatar SBR PRO
    Join Date: 09-10-09
    Posts: 3,758
    Betpoints: 1154

    You can get field vs villanova at -119 on 5dimes. Betting 500 to win 420.

  4. #4
    Hman
    Hman's Avatar Moderator
    Join Date: 11-04-17
    Posts: 21,456
    Betpoints: 1209

    It differs per bettor & size of wager.

    It basically depends if the amount at stake to win/lose is a lot of money to that individual.

    Also depends how hard you are on yourself & if you dwell on the times you could have guaranteed yourself a profit at no risk, but didn't.

    Everyone is different.

  5. #5
    beefcake
    beefcake's Avatar Become A Pro!
    Join Date: 11-26-09
    Posts: 13,783

    Live bet it at half or when Nova is up

  6. #6
    killykole
    killykole's Avatar Become A Pro!
    Join Date: 03-29-18
    Posts: 5
    Betpoints: 24

    Quote Originally Posted by Waterstpub87 View Post
    You can get field vs villanova at -119 on 5dimes. Betting 500 to win 420.
    Thanks for the info. I don't see that bet. Where is it?

  7. #7
    RudyRuetigger
    Leave of absence until March Madness
    RudyRuetigger's Avatar SBR PRO
    Join Date: 08-24-10
    Posts: 65,216
    Betpoints: 43

    what the hell

    this is why books love futures
    Nomination(s):
    This post was nominated 1 time . To view the nominated thread please click here. People who nominated: killykole

  8. #8
    Waterstpub87
    Life-Style Arbitrage
    Waterstpub87's Avatar SBR PRO
    Join Date: 09-10-09
    Posts: 3,758
    Betpoints: 1154

    Quote Originally Posted by killykole View Post
    Thanks for the info. I don't see that bet. Where is it?
    Basketball->College Props> continue> 2nd item from the top

  9. #9
    jjgold
    Update your status
    jjgold's Avatar File Clerk
    Join Date: 07-20-05
    Posts: 377,171
    Betpoints: 924

    let it ride

    not enough money

  10. #10
    PAULYPOKER
    I slipped Tricky Dick a hit of LSD!
    PAULYPOKER's Avatar Become A Pro!
    Join Date: 12-06-08
    Posts: 36,589

    Hedge always wins.......

    Letting it ride does not always win...........

    Pretty simple,actually.......

  11. #11
    DOM_Toretto
    Hoop Head
    DOM_Toretto's Avatar Become A Pro!
    Join Date: 01-28-13
    Posts: 9,044
    Betpoints: 794

    Quote Originally Posted by jjgold View Post
    let it ride

    not enough money
    Not to mention Villanova is by far the best team left and should win - should.

  12. #12
    Underdog5229
    Chillin w/Goat til We Do it Again
    Underdog5229's Avatar Become A Pro!
    Join Date: 10-31-11
    Posts: 1,863

    let it ride. 1g is not life changing money so let it go and hope to cash it.
    175 pts

    3-QUESTION
    SBR TRIVIA WINNER 11/29/2021


Top