Justin7, et al... How would you approach this hedge?

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  • Joe Sharp
    SBR MVP
    • 06-01-09
    • 3011

    #1
    Justin7, et al... How would you approach this hedge?
    4 Team Parlay (Pic Attached)

    Houston -4 (Push)
    Seattle +6 (Win)
    San Fran -7 (Win)
    Indianapolis -3 (TBD)


    I know what i'd do if I were 3-0 but with one push what is the calculation for the Odds? Originally it was $50 to win $617. What would the payout be if Indianapolis wins after a Push? I plan to bet Washington but have to calculate the bet value.

    Thanks
    Attached Files
  • pavyracer
    SBR Aristocracy
    • 04-12-07
    • 82839

    #2
    Wait until HT and see if you need to hedge it then for a 2H bet depending on the line.
    Comment
    • iifold
      SBR Posting Legend
      • 04-25-10
      • 11111

      #3
      Wait..

      You can always get out of the Colts at halftime if you don't like what you see..
      Comment
      • Joe Sharp
        SBR MVP
        • 06-01-09
        • 3011

        #4
        Solid advice from 2 solid posters within 60 seconds of each other.... Thanks - I appreciate your input!
        Comment
        • Joe Sharp
          SBR MVP
          • 06-01-09
          • 3011

          #5
          Anyone know what the payout will be. It'll less than $617 obviously... just not sure what the odds decrease to.
          Comment
          • acarmelo1
            SBR Hall of Famer
            • 09-29-09
            • 6321

            #6
            around 300
            Comment
            • Iwinyourmoney
              SBR Posting Legend
              • 04-18-07
              • 18368

              #7
              297.90

              Or 297.00 if u play at rebatewager. Haha
              Comment
              • Joe Sharp
                SBR MVP
                • 06-01-09
                • 3011

                #8
                Haha... Nice. Thanks boys.
                Comment
                • acarmelo1
                  SBR Hall of Famer
                  • 09-29-09
                  • 6321

                  #9
                  actually rebatewager odds for 3 team parlays are +500 so it will pay you at rebate wagers around 250
                  Comment
                  • OMGRandyJackson
                    SBR MVP
                    • 02-07-10
                    • 1680

                    #10
                    Just curious, did you take a picture of your computer screen with an actual camera?
                    Comment
                    • vitalogist
                      SBR MVP
                      • 11-11-08
                      • 2820

                      #11
                      Originally posted by pavyracer
                      Wait until HT and see if you need to hedge it then for a 2H bet depending on the line.
                      Precisely. No hedge required, presumably.
                      Comment
                      • Joe Sharp
                        SBR MVP
                        • 06-01-09
                        • 3011

                        #12
                        With my Cell - It's easier to upload (at least for me).
                        Comment
                        • fsugolf
                          SBR Hall of Famer
                          • 07-17-09
                          • 6194

                          #13
                          Originally posted by Joe Sharp
                          With my Cell - It's easier to upload (at least for me).

                          easier to upload than a screenshot?
                          Comment
                          • OMGRandyJackson
                            SBR MVP
                            • 02-07-10
                            • 1680

                            #14
                            Originally posted by Joe Sharp
                            With my Cell - It's easier to upload (at least for me).
                            Originally posted by fsugolf
                            easier to upload than a screenshot?
                            Thats what I was getting at lol. Use screen shot dude!
                            Comment
                            • Joe Sharp
                              SBR MVP
                              • 06-01-09
                              • 3011

                              #15
                              I have a app on my Droid that i've gotten used to. I'll attempt the screen shot!
                              Comment
                              • StraightWinners
                                SBR Sharp
                                • 10-12-10
                                • 252

                                #16
                                I think Washington +3 is the play, so i cant give good advice, but if you are more comfortable then do what they say at halftime and hedge then.
                                Comment
                                • mathdotcom
                                  SBR Posting Legend
                                  • 03-24-08
                                  • 11689

                                  #17
                                  Don't hedge it

                                  If you're going to hedge why the fukk are you betting the last leg of the parlay?
                                  Comment
                                  • Joe Sharp
                                    SBR MVP
                                    • 06-01-09
                                    • 3011

                                    #18
                                    Thanks for your input Straight - Game started... Gotta ride it out!

                                    Math - I realize that in the long term it would be more beneficial to ride the parlay out so I don’t lose the edge i've gained by increasing my odds. But i'm not sure I understand what you mean in regards to 'betting the last leg'. Since I expect to win that bet more than 50% of the time I should "never" hedge on a parlay?
                                    Comment
                                    • fsugolf
                                      SBR Hall of Famer
                                      • 07-17-09
                                      • 6194

                                      #19
                                      Originally posted by StraightWinners
                                      I think Washington +3

                                      Washington +4 was even better
                                      Comment
                                      • Justin7
                                        SBR Hall of Famer
                                        • 07-31-06
                                        • 8577

                                        #20
                                        A different question: why are you betting so much on a 4-team parlay that you need to hedge?
                                        Comment
                                        • Joe Sharp
                                          SBR MVP
                                          • 06-01-09
                                          • 3011

                                          #21
                                          Up big on the week & That's the minimum for this particular local.
                                          Comment
                                          • pavyracer
                                            SBR Aristocracy
                                            • 04-12-07
                                            • 82839

                                            #22
                                            Looking good. I'm glad you didn't hedge.
                                            Comment
                                            • Joe Sharp
                                              SBR MVP
                                              • 06-01-09
                                              • 3011

                                              #23
                                              Thanks Pavy. This would cap off a GREAT week.
                                              Comment
                                              • mathdotcom
                                                SBR Posting Legend
                                                • 03-24-08
                                                • 11689

                                                #24
                                                The guy hedged it for sure
                                                Comment
                                                • Joe Sharp
                                                  SBR MVP
                                                  • 06-01-09
                                                  • 3011

                                                  #25
                                                  Nope. I did not hedge it.... but Indy just fumbled on the 10. NICE! ha.
                                                  Comment
                                                  • Joe Sharp
                                                    SBR MVP
                                                    • 06-01-09
                                                    • 3011

                                                    #26
                                                    92 yards in 12 plays... Thanks Colts D. The writing was on the wall.
                                                    Comment
                                                    • RollPlayer
                                                      SBR Wise Guy
                                                      • 07-26-10
                                                      • 779

                                                      #27
                                                      Your four teamer turned into a two teamer, but hey, a win is a win
                                                      Comment
                                                      • PRC
                                                        SBR Wise Guy
                                                        • 10-22-09
                                                        • 576

                                                        #28
                                                        Shoulda hedged.
                                                        Comment
                                                        • acarmelo1
                                                          SBR Hall of Famer
                                                          • 09-29-09
                                                          • 6321

                                                          #29
                                                          yup
                                                          Comment
                                                          • Joe Sharp
                                                            SBR MVP
                                                            • 06-01-09
                                                            • 3011

                                                            #30
                                                            Yeah... I essentially won a 2 teamer after 2 pushed. Won money on it regardless. The unfortunete part is that I did get 3.5 from my local right before gametime... could've won money on both ends. But i've done a bit of research and crunched some #'s. In the long run it's really not worth hedging parlays. Might as well not play them at all and play each game straight. No earth shattering findings there....

                                                            Hope everyone had a profitable weekend!
                                                            Comment
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