Hedging Situation... What would you do?

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  • zam77
    SBR MVP
    • 11-03-10
    • 3586

    #1
    Hedging Situation... What would you do?
    I placed a $10 bet on the Flyers at 30/1 odds to win the A10 tourney... so could win $300.

    Everyone has there own view of what a dollar is worth... currently a unit for me is $25 so that should help give you my perspective.

    Would you hedge here or just say screw it?
  • opie1988
    SBR Posting Legend
    • 09-12-10
    • 23429

    #2
    I'd absolutely say screw it. That's an awesome opportunity to cash a 30/1.....but not life changing either way.

    Screw the sure, small profit from a hedge. Be a lot better to cash out the 3 bills!!

    Good luck, brother!!
    Comment
    • harlee71
      SBR Hall of Famer
      • 12-02-09
      • 7202

      #3
      If your units are $25 I would hedge for $100,125 or 150 what ever you feel comfortable with. Why risk it?
      Comment
      • Dirty Sanchez
        SBR Posting Legend
        • 03-01-10
        • 16031

        #4
        The line is sitting on Dayton +4...and in the conference title games anything can happen...let it ride...its $10
        Comment
        • B1GER1C828
          SBR Posting Legend
          • 07-31-07
          • 10244

          #5
          I'd hedge personally. But not much. maybe to gurantee myself double my bet or something.

          But then again, the value ur getting is fukin amazing so i dn. though.
          Comment
          • D3 Mighty Ducks
            SBR Posting Legend
            • 12-17-09
            • 11939

            #6
            Seeing your unit size is $25 which my guess would mean your bankroll isn't the largest I would guarantee myself at least $100 bucks or so here.

            Sure its gambling and you should take a shot because anything can happen. But what sense does it make to throw away money won. Ask yourself the most obvious question would you rather win money or not? Hedge it out somehow and take the guarantee money.
            Comment
            • D3 Mighty Ducks
              SBR Posting Legend
              • 12-17-09
              • 11939

              #7
              Originally posted by B1GER1C828
              I'd hedge personally. But not much. maybe to gurantee myself double my bet or something.
              Agreed.
              Comment
              • Powderguy
                SBR Hall of Famer
                • 09-18-09
                • 6939

                #8
                Hedge it out dude, get some guaranteed cash, that's hard to come by
                Comment
                • zam77
                  SBR MVP
                  • 11-03-10
                  • 3586

                  #9
                  hedging to Richmond ML to win a unit. If dayton wins still win close to $250... good enough for me.
                  Comment
                  • pavyracer
                    SBR Aristocracy
                    • 04-12-07
                    • 82726

                    #10
                    Wait until half time. You may be able to hedge it with a bigger middle.
                    Comment
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