Hypothetical Question
If you have an 11 team parlay to win $59,000 and you have one game left @-110 odds, and you are being offered $27,500 to cash out, what would you do?
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Saloon your life
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reigle9 gave kidcudi92 5 Betpoint(s) for this post.
What would you do?Originally Posted by kidcudi92
Saloon your life
Have to take the cash
Would take the coins. $27K too much to lose.
cash out
Let it ride. You didn't bet the parlay to lose in the 11th game did you?
When it comes to hedging, it always depends on how much money that is to the bettor.
I'd find $11000 to bet the other side and leave myself with either 48k or 10k whatever happened, personally.If you have an 11 team parlay to win $59,000 and you have one game left @-110 odds, and you are being offered $27,500 to cash out, what would you do?
$28k bet on one game is too big for my blood.
I would ask to raise the price for half the amount of winning, in that case $29 500. I would prefer losing than have someone else make more money than me on a bet I originally made.
In the long run taking a pay amount is more profitable
Ok, so how should we evaluate the percentage of the initial bet that would be considered enough for us to accept cashing out?
Take the money and run
