1. #1
    Big Bear
    Love your neighbor
    Big Bear's Avatar Become A Pro!
    Join Date: 11-01-11
    Posts: 43,253
    Betpoints: 14

    Need Hedge Advice, I can’t afford to come away empty handed

    Okay so it’s an 5 team parlay

    2 games left

    $300 to win $8,000

    Does this make sense...

    $1,100 on the first of the remaining legs

    if my parlay is still alive

    then go $2,200 on the next next leg


    if the first leg loses I net $700

    if the 2nd leg loses I net $600 b/c I would have lost the $300 I put down and the $100 for juice.

    by doing this and lets say I win the parlay well I guess I would net $5,800

    Does this make sense or is there a better option?

    for those of you saying let it ride

    I got bills to pay dawg

  2. #2
    deeppckts
    deeppckts's Avatar Become A Pro!
    Join Date: 12-19-12
    Posts: 830
    Betpoints: 394

    If you can't afford to come away from it empty handed, what would you have done if the first leg had lost?

    And yes, the answer is let it ride.

  3. #3
    Big Bear
    Love your neighbor
    Big Bear's Avatar Become A Pro!
    Join Date: 11-01-11
    Posts: 43,253
    Betpoints: 14

    was drunk when I made the bet

  4. #4
    Hman
    Hman's Avatar Become A Pro!
    Join Date: 11-04-17
    Posts: 21,429
    Betpoints: 1222

    Tell us the pending games

  5. #5
    Big Bear
    Love your neighbor
    Big Bear's Avatar Become A Pro!
    Join Date: 11-01-11
    Posts: 43,253
    Betpoints: 14

    My buddy says I should hedge but I told him the math had to make sense

    would be a no brainer if it was down to 1 leg

  6. #6
    deeppckts
    deeppckts's Avatar Become A Pro!
    Join Date: 12-19-12
    Posts: 830
    Betpoints: 394

    If you hedge you're sacrificing EV, so the answer in terms of EV is hedge 0.
    Beyond that, if you ARE going to hedge then it's up to you how you want to split it up based on the possible outcomes.
    The way you did it, you've left yourself open for a sizable win if your parlay hits.
    But if you doubled your hedging bet amounts to 2200 and 4400, you'd have the opposite. There's no right answer on how to do that.

    If you want to figure out how to guarantee yourself the same amount of money regardless of the outcome, let me know.

  7. #7
    Big Bear
    Love your neighbor
    Big Bear's Avatar Become A Pro!
    Join Date: 11-01-11
    Posts: 43,253
    Betpoints: 14

    Quote Originally Posted by Hman View Post
    Tell us the pending games
    LSU -13.5 over Oklahoma

    Ohio State ML over Clemson

    nervous/hype/excited all at the same time

    need some momentum heading into 2020

  8. #8
    trillz
    trillz's Avatar Become A Pro!
    Join Date: 03-02-16
    Posts: 1,668
    Betpoints: 4470

    Personally I would put 300-600 on the first leg and if it hits you can almost 50/50 hedge the last and come away with a few grand. Otherwise it’s a free roll essentially
    Points Awarded:

    Big Bear gave trillz 12 Betpoint(s) for this post.


  9. #9
    Big Bear
    Love your neighbor
    Big Bear's Avatar Become A Pro!
    Join Date: 11-01-11
    Posts: 43,253
    Betpoints: 14

    Quote Originally Posted by trillz View Post
    Personally I would put 300-600 on the first leg and if it hits you can almost 50/50 hedge the last and come away with a few grand. Otherwise it’s a free roll essentially
    I like it thank you

  10. #10
    Otters27
    Otters27's Avatar SBR PRO
    Join Date: 07-14-07
    Posts: 30,688
    Betpoints: 410

    Let LSU ride then go Clemson

  11. #11
    pavyracer
    MOLON LABE
    pavyracer's Avatar SBR PRO
    Join Date: 04-12-07
    Posts: 82,189
    Betpoints: 410

    Let it ride. You can hedge on the cheap on a live bet.

  12. #12
    Hman
    Hman's Avatar Become A Pro!
    Join Date: 11-04-17
    Posts: 21,429
    Betpoints: 1222

    Quote Originally Posted by Big Bear View Post
    LSU -13.5 over Oklahoma

    Ohio State ML over Clemson

    nervous/hype/excited all at the same time

    need some momentum heading into 2020



    Ughhhh if only the Ohio State game was first you'd probably only have to hedge with Oklahoma.

  13. #13
    daneblazer
    Most Well Rounded POY
    daneblazer's Avatar SBR PRO
    Join Date: 09-14-08
    Posts: 27,837
    Betpoints: 5652

    Is this some subtle sbr betting tutorial on what not to do ?

  14. #14
    Hman
    Hman's Avatar Become A Pro!
    Join Date: 11-04-17
    Posts: 21,429
    Betpoints: 1222

    I would ride with Ohio State and only hedge with Oklahoma.

    Otherwise you're screwing up a much bigger payday.

    I understand you need the dough but you're giving too much back by hedging 2 Games

  15. #15
    Big Bear
    Love your neighbor
    Big Bear's Avatar Become A Pro!
    Join Date: 11-01-11
    Posts: 43,253
    Betpoints: 14

    I admit I am a OSU homer

    and that long haired freak Trevor Lawrence scares the hell out of me


    Justin Fields says he is 80-85% and will wear a brace too

    maybe he is playing possum trying to get Clemson to sleep on his running ability

    who knows?

    we got embarrassed last time

    took us 5 years to crawl out of that grave Clemson put us in last time

  16. #16
    jjgold
    jjgold's Avatar Become A Pro!
    Join Date: 07-20-05
    Posts: 388,190
    Betpoints: 10

    Bear don’t hedge

    Go for kill

  17. #17
    funnyb25
    Go Get Laid Man!
    funnyb25's Avatar SBR PRO
    Join Date: 07-09-09
    Posts: 39,622
    Betpoints: 23996

    Just wait for RangeFinder to come in and give you advice. He should check in with his solid input about 10 hours after your bets have started. BOL

  18. #18
    RudyRuetigger
    Leave of absence until March Madness
    RudyRuetigger's Avatar Become A Pro!
    Join Date: 08-24-10
    Posts: 64,799
    Betpoints: 55

    double down with account balance on same teams as parlay

    quit being a bitch

  19. #19
    2daBank
    2daBank's Avatar Become A Pro!
    Join Date: 01-26-09
    Posts: 88,966
    Betpoints: 90

    Put it all on Clemson.

  20. #20
    daneblazer
    Most Well Rounded POY
    daneblazer's Avatar SBR PRO
    Join Date: 09-14-08
    Posts: 27,837
    Betpoints: 5652

    If you absolutely have to hedge, put $350 or so on Clemson ML so you’re free rolling, then try to find OU +14 for whatever.

  21. #21
    Louisvillekid1
    LAMAR MVP!
    Louisvillekid1's Avatar Become A Pro!
    Join Date: 10-17-07
    Posts: 52,044
    Betpoints: 553

    Your joking right

    you have never bet $300

    lol your handle can barely spell

    cmon

  22. #22
    cincinnatikid513
    contra spem spero
    cincinnatikid513's Avatar Become A Pro!
    Join Date: 11-23-17
    Posts: 45,361
    Betpoints: 100

    don't u have ohio state to win the national title for like 30k

  23. #23
    Easy-Rider 66
    Easy-Rider 66's Avatar SBR PRO
    Join Date: 02-14-12
    Posts: 33,186
    Betpoints: 3353


  24. #24
    Louisvillekid1
    LAMAR MVP!
    Louisvillekid1's Avatar Become A Pro!
    Join Date: 10-17-07
    Posts: 52,044
    Betpoints: 553

    Used to have a a poster Tripp

    with that yankee avy

    you need to switch it to the knicks or something

  25. #25
    swordsandtequila
    Soul Eating Machine
    swordsandtequila's Avatar SBR PRO
    Join Date: 02-23-12
    Posts: 9,766
    Betpoints: 6470

    See if you can cash out, bet was doomed soon as you clicked on Ohio St.

  26. #26
    2daBank
    2daBank's Avatar Become A Pro!
    Join Date: 01-26-09
    Posts: 88,966
    Betpoints: 90

    Quote Originally Posted by cincinnatikid513 View Post
    don't u have ohio state to win the national title for like 30k
    Being Xmas and all I was gonna let that slide and just pretend this is real. I’m a nice guy sometimes!! Lol

  27. #27
    Big Bear
    Love your neighbor
    Big Bear's Avatar Become A Pro!
    Join Date: 11-01-11
    Posts: 43,253
    Betpoints: 14

    good thread

  28. #28
    leetreaper
    leetreaper's Avatar Become A Pro!
    Join Date: 10-23-10
    Posts: 34,841
    Betpoints: 2140

    Quote Originally Posted by funnyb25 View Post
    Just wait for RangeFinder to come in and give you advice. He should check in with his solid input about 10 hours after your bets have started. BOL

Top