Drunk hedge question

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  • thisisit
    SBR Wise Guy
    • 08-01-10
    • 733

    #1
    Drunk hedge question
    i have Pitt to win the superbowl at 8 to 1 if I wanted to hedge this week is it stupid to just take the Jets to win the SB at +450/ I am drunk so i don't know if this even makes any sense!
  • Le_Donk
    SBR Wise Guy
    • 02-13-10
    • 627

    #2
    lay pittsburg to win the superbowl
    Comment
    • thisisit
      SBR Wise Guy
      • 08-01-10
      • 733

      #3
      nice pic there
      Comment
      • thisisit
        SBR Wise Guy
        • 08-01-10
        • 733

        #4
        Please help guys don't know what to do
        Comment
        • Chugs
          SBR MVP
          • 11-01-09
          • 1560

          #5
          No, if you wanted to hedge you would just take the Jets to win this week, and then if Pitt wins you wold take the NFC team in the SB.
          Comment
          • Le_Donk
            SBR Wise Guy
            • 02-13-10
            • 627

            #6
            depends on what bets your book offers, the easiest way is to bet that Pittsburg wont win the superbowl.
            btw dont bet the jets to win the superbowl, ull lose both bets if the winner is a nfc team
            Comment
            • thisisit
              SBR Wise Guy
              • 08-01-10
              • 733

              #7
              good call guys thanks for the help
              Comment
              • Todd2122
                SBR Sharp
                • 12-23-08
                • 403

                #8
                One option you have is to bet Jets with the 3.5. This way, you have a chance that the Jets lose by 3 and you can win both bets. It Pitt wins by more than 3.5, you can bet the NFC team in the Super Bowl. You can then take them and the points again or if the NFC is favored, you should take their moneyline.

                I like hedges that have a chance to win both bets.
                Comment
                • WvGambler
                  SBR Posting Legend
                  • 04-19-10
                  • 11618

                  #9
                  Originally posted by thisisit
                  i have Pitt to win the superbowl at 8 to 1 if I wanted to hedge this week is it stupid to just take the Jets to win the SB at +450/ I am drunk so i don't know if this even makes any sense!
                  Is hedging by taking the Jets to win the SB stupid? Well it certainly could be if the Packers or Bears win it.
                  Comment
                  • cant call it
                    SBR Hall of Famer
                    • 08-29-10
                    • 8817

                    #10
                    who is that top heavy gal in your pic?
                    Comment
                    • slatter
                      SBR Sharp
                      • 11-15-10
                      • 472

                      #11
                      If you want to hedge, you could bet Pittsburgh NOT to win the Super Bowl at 5Dimes, which is -220 right now.

                      If you have $100 on Pittsburgh to win $800, you would bet $619 to win $281 on Pittsburgh to NOT win the Super Bowl, and lock in a $181 profit either way.

                      You've got $100 to win $800 though, and you'll end up only winning $181. This is why hedging (at least in this situation) sucks. If you had Pittsburgh at 25-to-1 or something, that's a totally different story.
                      Comment
                      • DrunkHorseplayer
                        SBR Hall of Famer
                        • 05-15-10
                        • 7719

                        #12
                        You've got great value already and there's no sense cutting into it. Stand pat.
                        Comment
                        • Daveyboy
                          SBR MVP
                          • 05-12-10
                          • 1317

                          #13
                          Originally posted by thisisit
                          i have Pitt to win the superbowl at 8 to 1 if I wanted to hedge this week is it stupid to just take the Jets to win the SB at +450/ I am drunk so i don't know if this even makes any sense!
                          Nope, you should LAY Pittsburgh at BETFAIR
                          Comment
                          • dlweaver
                            SBR MVP
                            • 01-28-10
                            • 3428

                            #14
                            bet the jets small to win with the spread this week... could end up getting both wins and then bet the nfc team small or however % you want to hedge with if pitt is in the championship
                            Comment
                            • Thunder Gulch
                              SBR Wise Guy
                              • 08-30-10
                              • 996

                              #15
                              Bet the Jets +165 ML or if you want a little more risk try to middle Jets +3.5. That way you give up the +65 but you could have Pitt win by 3 and cash both bets.
                              Comment
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