Would you hedge this bet?

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  • Unrivaled
    SBR Hall of Famer
    • 10-24-11
    • 6685

    #1
    Would you hedge this bet?
    I have 15k payout pending on the Suns winning the championship between a regular bet and a big parlay payout.

    Do I hedge this bet or let it ride? I'm confident the Suns win but it would be a lot harder to hedge if they lose tomorrow and the price on Bucs goes to +200.
  • BigOrange
    SBR Hall of Famer
    • 08-13-09
    • 6745

    #2
    Comment
    • pavyracer
      SBR Aristocracy
      • 04-12-07
      • 82667

      #3
      You are 2 wins away form a big payout. Do you even have thousands of dollars sitting around and a book that will take the bet for Bucks for that much to hedge?

      Let it ride.
      Comment
      • smarotta09
        SBR Wise Guy
        • 01-18-12
        • 834

        #4
        Ehhh, I’d probably wait .. if it goes end up going 7, suns will be home and you can probably hedge with bucks ML
        Comment
        • Demonata
          BARRELED IN @ SBR!
          • 07-12-11
          • 25829

          #5
          Hedge it.Better than risking losing it all.Also better to hedge now.
          Comment
          • DrunkHorseplayer
            SBR Hall of Famer
            • 05-15-10
            • 7719

            #6
            Let it ride.
            Comment
            • asiagambler
              SBR Hall of Famer
              • 07-23-17
              • 6827

              #7
              You could "hedge" by betting Bucks to win Game 3

              Good chance you win both
              Comment
              • Judge Crater
                SBR MVP
                • 10-05-20
                • 2024

                #8
                The book that you have the pending bets at would probably issue a temporary credit to allow a hedge.
                Comment
                • Unrivaled
                  SBR Hall of Famer
                  • 10-24-11
                  • 6685

                  #9
                  Originally posted by pavyracer
                  You are 2 wins away form a big payout. Do you even have thousands of dollars sitting around and a book that will take the bet for Bucks for that much to hedge?

                  Let it ride.
                  Yes I have money spread out in a few books. Maybe I'll just bet the Bucks ml a couple times like someone suggested.
                  Comment
                  • cincinnatikid513
                    SBR Aristocracy
                    • 11-23-17
                    • 45360

                    #10
                    depends how much 15k means to u
                    Comment
                    • juicername
                      SBR Hall of Famer
                      • 10-14-15
                      • 6906

                      #11
                      Let it ride.
                      Comment
                      • Darkside Magick
                        SBR Posting Legend
                        • 05-28-10
                        • 12638

                        #12
                        Comment
                        • Unrivaled
                          SBR Hall of Famer
                          • 10-24-11
                          • 6685

                          #13
                          Originally posted by cincinnatikid513
                          depends how much 15k means to u
                          I'm somewhere in between Rich Boy and Morino. If that makes sense to everyone.

                          Comment
                          • seaborneq
                            SBR Posting Legend
                            • 09-08-06
                            • 22556

                            #14
                            Wait until game 7 to decide anything. The Bucks are not going to win 4-5 nor 4 in a row.
                            Comment
                            • DR225
                              SBR MVP
                              • 02-24-11
                              • 2010

                              #15
                              Originally posted by pavyracer
                              You are 2 wins away form a big payout. Do you even have thousands of dollars sitting around and a book that will take the bet for Bucks for that much to hedge?

                              Let it ride.
                              Any decent book would let you hedge that, limits wise. Bookmaker lets you bet 10k on Bucks +384 and Betonline lets you put 5k down on +380.
                              Comment
                              • Al Masters
                                SBR Hall of Famer
                                • 04-29-06
                                • 6940

                                #16
                                Originally posted by Unrivaled
                                I'm somewhere in between Rich Boy and Morino. If that makes sense to everyone.


                                That’s very bad.. better luck with other parts of your life.
                                Comment
                                • TheMetsSuck
                                  SBR Hall of Famer
                                  • 01-14-12
                                  • 6146

                                  #17
                                  Originally posted by asiagambler
                                  You could "hedge" by betting Bucks to win Game 3

                                  Good chance you win both
                                  Like that idea a lot
                                  Comment
                                  • Unrivaled
                                    SBR Hall of Famer
                                    • 10-24-11
                                    • 6685

                                    #18
                                    Originally posted by Al Masters
                                    That’s very bad.. better luck with other parts of your life.
                                    Somewhere between a millionaire and being in debt a million. Those are the 2 extremes I mentioned.
                                    Comment
                                    • KVB
                                      SBR Aristocracy
                                      • 05-29-14
                                      • 74817

                                      #19
                                      Good Luck Rivaler, nice position.

                                      Comment
                                      • goduke
                                        SBR Posting Legend
                                        • 02-17-10
                                        • 11580

                                        #20
                                        If the payout is 15k and not the amount risked then its kind of a no brainer if you are worried a little right? 4k at bookmaker pays 15k. So no matter what team wins you make 11k. Then depending on a game by game situation you can bet and maybe make some of it back in the right situation.
                                        Comment
                                        • jjgold
                                          SBR Aristocracy
                                          • 07-20-05
                                          • 388179

                                          #21
                                          Never hedge

                                          Sign of a losing gambler
                                          Comment
                                          • Bigbill365
                                            SBR MVP
                                            • 06-22-12
                                            • 4572

                                            #22
                                            Id hedge and also bet Bucks to win in 7
                                            Comment
                                            • KVB
                                              SBR Aristocracy
                                              • 05-29-14
                                              • 74817

                                              #23
                                              Originally posted by jjgold
                                              Never hedge

                                              Sign of a losing gambler
                                              One in the hand is worth two in the bush, Gold.

                                              For those who don't plan or have a business around sportsbetting, for those that are just gamblers, they should take advantage of walking away with profit just about whenever they can.

                                              If you know you're going to be around to experience the longer term success, then the choice of risk vs. rewards under the backdrop of the law of large numbers becomes a different one.

                                              It's all about goals, Gold, and nobody posting at SBR sets them.
                                              Comment
                                              • thomorino
                                                Restricted User
                                                • 06-01-17
                                                • 45842

                                                #24
                                                Originally posted by Unrivaled
                                                I'm somewhere in between Rich Boy and Morino. If that makes sense to everyone.

                                                Originally posted by Al Masters
                                                That’s very bad.. better luck with other parts of your life.
                                                Originally posted by Unrivaled
                                                Somewhere between a millionaire and being in debt a million. Those are the 2 extremes I mentioned.
                                                Dumb shits.
                                                Comment
                                                • Bigbill365
                                                  SBR MVP
                                                  • 06-22-12
                                                  • 4572

                                                  #25
                                                  take some gtd profit
                                                  Comment
                                                  • Unrivaled
                                                    SBR Hall of Famer
                                                    • 10-24-11
                                                    • 6685

                                                    #26
                                                    Originally posted by Bigbill365
                                                    take some gtd profit
                                                    Might let it ride. It would double my winnings for the year if Suns hold on, but I'm in a good spot regardless.

                                                    11000 of it would be off a miracle 70 dollar parlay bet anyways.
                                                    Comment
                                                    • lonegambler23
                                                      SBR Hall of Famer
                                                      • 06-22-16
                                                      • 9760

                                                      #27
                                                      Originally posted by Unrivaled
                                                      Might let it ride. It would double my winnings for the year if Suns hold on, but I'm in a good spot regardless.

                                                      11000 of it would be off a miracle 70 dollar parlay bet anyways.
                                                      dont take advice from a guy that bets 10 bucks a game.
                                                      Comment
                                                      • jjgold
                                                        SBR Aristocracy
                                                        • 07-20-05
                                                        • 388179

                                                        #28
                                                        You don’t ever bet to hedge

                                                        In this case it’s throwing money away
                                                        Comment
                                                        • slayer14
                                                          SBR Posting Legend
                                                          • 08-12-13
                                                          • 22010

                                                          #29
                                                          Bro if you cannot afford to lose the profit hedge it
                                                          Comment
                                                          • Unrivaled
                                                            SBR Hall of Famer
                                                            • 10-24-11
                                                            • 6685

                                                            #30
                                                            No hedge
                                                            Comment
                                                            • Snowball
                                                              BARRELED IN @ SBR!
                                                              • 11-15-09
                                                              • 30047

                                                              #31
                                                              Hedge it now while it won't get cheaper. But you can "hedge" it with Bucks ML tonight and win both.
                                                              If the Bucks win, both alive and paid for. If Bucks lose, your value goes way up and don't even have to hedge.

                                                              If you wait for possible Bucks in Gms 3 then even 4, you are at risk of losing the wager.
                                                              Comment
                                                              • Unrivaled
                                                                SBR Hall of Famer
                                                                • 10-24-11
                                                                • 6685

                                                                #32
                                                                Originally posted by Snowball
                                                                Hedge it now while it won't get cheaper. But you can "hedge" it with Bucks ML tonight and win both.
                                                                If the Bucks win, both alive and paid for. If Bucks lose, your value goes way up and don't even have to hedge.

                                                                If you wait for possible Bucks in Gms 3 then even 4, you are at risk of losing the wager.
                                                                Scott Foster is ref tonight and Chris Paul is 0-11 with him reffing.

                                                                Seems a good idea to bet Bucks tonight but I dunno.
                                                                Comment
                                                                • KVB
                                                                  SBR Aristocracy
                                                                  • 05-29-14
                                                                  • 74817

                                                                  #33
                                                                  Originally posted by Unrivaled
                                                                  Scott Foster is ref tonight and Chris Paul is 0-11 with him reffing.

                                                                  Seems a good idea to bet Bucks tonight but I dunno.
                                                                  Oh shit, the NBA not messing around.

                                                                  They're bringing in the big guns.

                                                                  Comment
                                                                  • stake1
                                                                    SBR Posting Legend
                                                                    • 12-19-18
                                                                    • 18116

                                                                    #34
                                                                    Going to stick? Or hedge a little heading into game 4?
                                                                    Comment
                                                                    • TheMetsSuck
                                                                      SBR Hall of Famer
                                                                      • 01-14-12
                                                                      • 6146

                                                                      #35
                                                                      Originally posted by asiagambler
                                                                      You could "hedge" by betting Bucks to win Game 3

                                                                      Good chance you win both
                                                                      Like this again for game 4. Lose and you are up 3-1 returning home. I have a feeling the home team holds serve each game . I’d recommend taking the bucks next game as a middle
                                                                      Comment
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