Some help please?

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  • BeyondBetting
    Restricted User
    • 01-10-11
    • 30

    #1
    Some help please?
    I tried to post this in another section but it won't let me unfortunately.

    I am looking for the best hedging strategy for the plays I made today.

    I have a Teaser of Packers (W) and Patriots -2.5 2,200 to win 2,000 that I wouldn't try to hedge but would possibly try to middle.

    Then the important one is

    3 Team Parlay

    2H Pittsburgh -5 -120 (W)
    1H Green Bay +1/2 -120 (W)
    Open Spot

    1,000 to win 5,416 (with the open spot being assumed at -110) but I can put any play in there.

    What would be the best possible hedging strategy on this bigger play? Do I put a -110 in and then bet -110 the other way? Do I put a ML in? I am considering hedging that two team teaser only if there is a really good option but the 3 team parlay I feel I need to tease (Because they wouldn't let me fill it with 2nd Half Packers +3 what a joke)

    Any thoughts? Thank you!

    BeyondBetting
  • asian.executive
    SBR MVP
    • 10-19-10
    • 1866

    #2
    Beyond,

    I hope you make money off of this. But when you do, please do me a favor....

    No more parlays or teasers.

    Flat bets

    The same amount for every wager.

    believe me, that's how you do it, sir
    Comment
    • BeyondBetting
      Restricted User
      • 01-10-11
      • 30

      #3
      Also what would be the amounts to do to find out the best $ strategy?

      I was going to use the freeplay calculator but realized it won't work because there is 1000 of real $ risked instead of freeplay money.

      Also is it better to do a -105 and -115 vs two -110 if I do it that way? Having a tough time figuring out the perfect strategy.
      Comment
      • asian.executive
        SBR MVP
        • 10-19-10
        • 1866

        #4
        Get your principal or whatever you need to get to sleep good at night and then please....

        quit the grade school parlays and teasers
        Comment
        • VegasInsider
          SBR Posting Legend
          • 12-12-10
          • 14593

          #5
          I'm not sure I understand this parlay...you get to keep adding picks?

          Please explain.
          Comment
          • BeyondBetting
            Restricted User
            • 01-10-11
            • 30

            #6
            Originally posted by asian.executive
            Beyond,

            I hope you make money off of this. But when you do, please do me a favor....

            No more parlays or teasers.

            Flat bets

            The same amount for every wager.

            believe me, that's how you do it, sir
            With the picks I make every day I do that, but I had stronger opinions about these games today than I had in a very long time. Something about todays matchups really gave me a good feeling.

            But yes you are 100% right I shouldn't do it that way.

            The one question I have (maybe for another time) I thought the taking two team teaser where you take 1 team from +2.5 to +8.5 and the other -8.5 to -2.5 were +EV bets shown over time. I read this in a book a long time ago but I'm not sure if that info is correct.
            Comment
            • BeyondBetting
              Restricted User
              • 01-10-11
              • 30

              #7
              In a parlay with an open slot, you get to make your last pick at any time whether it be later than day or you could wait 6 months until you find the bet that you like to fill it with.

              So its exactly like a 3 game parlay except you don't have to pick the last game until whenever you feel comfortable.
              Comment
              • asian.executive
                SBR MVP
                • 10-19-10
                • 1866

                #8
                I am making the sign of the cross for you because the bookie does not offer exotics unless he thinks you are going to be the losing end

                Get your money and get to the subway where it will take you to Jeso
                Comment
                • JAFO
                  SBR High Roller
                  • 12-02-10
                  • 210

                  #9
                  Originally posted by asian.executive
                  Beyond,

                  I hope you make money off of this. But when you do, please do me a favor....

                  No more parlays or teasers.

                  Flat bets

                  The same amount for every wager.

                  believe me, that's how you do it, sir
                  Well said!
                  Comment
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