1. 12-22-19 07:23 PM #1
    WRMusic
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    Urgent: Please help me hedge my bet!!!

    I have this parlay pending that only needs the Chicago Bears to WIN (ML bet) against the KC Chiefs. If the Bears win then that $5.00 parlay will return $210.00

    In my “bank” or available funds, I currently have $265.00, so my question is this:

    With the $265.00 in my available balance, WHAT WOULD BE THE SMARTEST WAY TO HEDGE AGAINST MY PARLAY BET, in the (very likely) case that the Chiefs WIN the game?

    Sorry. I’m pretty new at playing parlays and hedging. Anybody’s assistance would be so GREATLY APPRECIATED!

    Thanks everyone ahead of time.
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  2. 12-22-19 07:24 PM #2
    funnyb25
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    Dude, you bet 5 bucks. You let it ride.
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  3. 12-22-19 07:24 PM #3
    jjgold
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    Your joking right??
    $265???

    Just leave it, if not you have no business
    Gambling because your underfunded

    This game
    Not for you papi
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  4. 12-22-19 07:33 PM #4
    ThaTopMoron
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    Quote Originally Posted by WRMusic View Post
    I have this parlay pending that only needs the Chicago Bears to WIN (ML bet) against the KC Chiefs. If the Bears win then that $5.00 parlay will return $210.00

    In my “bank” or available funds, I currently have $265.00, so my question is this:

    With the $265.00 in my available balance, WHAT WOULD BE THE SMARTEST WAY TO HEDGE AGAINST MY PARLAY BET, in the (very likely) case that the Chiefs WIN the game?

    Sorry. I’m pretty new at playing parlays and hedging. Anybody’s assistance would be so GREATLY APPRECIATED!

    Thanks everyone ahead of time.
    lol don't hedge
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  5. 12-22-19 07:54 PM #5
    Big Bear
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    Quote Originally Posted by jjgold View Post
    Your joking right??
    $265???

    Just leave it, if not you have no business
    Gambling because your underfunded

    This game
    Not for you papi
    lol “underfunded”
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  6. 12-22-19 07:56 PM #6
    cincinnatikid513
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    Quote Originally Posted by jjgold View Post
    Your joking right??
    $265???

    Just leave it, if not you have no business
    Gambling because your underfunded

    This game
    Not for you papi
    look who's talking 2 dollar bettor
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  7. 12-22-19 09:39 PM #7
    RangeFinder
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    Quote Originally Posted by WRMusic View Post
    I have this parlay pending that only needs the Chicago Bears to WIN (ML bet) against the KC Chiefs. If the Bears win then that $5.00 parlay will return $210.00

    In my “bank” or available funds, I currently have $265.00, so my question is this:

    With the $265.00 in my available balance, WHAT WOULD BE THE SMARTEST WAY TO HEDGE AGAINST MY PARLAY BET, in the (very likely) case that the Chiefs WIN the game?

    Sorry. I’m pretty new at playing parlays and hedging. Anybody’s assistance would be so GREATLY APPRECIATED!

    Thanks everyone ahead of time.
    I'm sorry you didn't get your answer you were looking for. Unfortunately we have a bunch of smart asses who think they're too good to answer a newbie's question.

    Your bet going into the last game was going to pay you 50-1 or +5000. Your bet to hedge would be $133.57 on Kansas City for a guaranteed profit of $116.43.

    In the future if this happens to you again you can go to the calculator that SBR provides in the handicapping think tank forum. Use the "Arbitrage" calculator and you're good to go.

    Again I'm sorry I did not see this earlier. I cannot believe with the experience this forum has that somebody did not step up to help you. Good luck in the future buddy.
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  8. 12-22-19 09:42 PM #8
    Big Bear
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    I hope you hedged

    Bears are struggling
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  9. 12-22-19 09:43 PM #9
    gauchojake
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    https://www.sportsbookreview.com/pic...ge-calculator/
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  10. 12-22-19 09:47 PM #10
    lonegambler23
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    lol i wouldnt worry about lunch money man
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  11. 12-22-19 09:52 PM #11
    RangeFinder
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    Quote Originally Posted by lonegambler23 View Post
    lol i wouldnt worry about lunch money man
    That's beside the point here

    He had 50-1 equity in a parlay he wanted to hedge. The amount bet is irrelevant.
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  12. 12-22-19 10:21 PM #12
    Big Bear
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    sometimes baptism by fire is the only way to learn
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