How Many Here Would Hedge

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  • TodaysAction
    Restricted User
    • 08-01-08
    • 12762

    #1
    How Many Here Would Hedge
    their bet under the following circumstances:

    Your parlay has but one game left and it if wins, you'd collect $1,000+. But if it lost, you'd be out $100. If you hedged this, you'd have a certain profit of $500.
  • SBR Lou
    BARRELED IN @ SBR!
    • 08-02-07
    • 37863

    #2
    Comment
    • Tsoprano
      BARRELED IN @ SBR!
      • 04-14-08
      • 26374

      #3
      Hedge, being greedy is what kills most gamblers in the end. Gambling should be treated as a business. Insuring a positive investment is key. Whether it seems more "daring, or manly to let it ride on". You dont need to hedge that big, Even hedging $200. You'd be up $100, or $800. Key word "up"

      Theres no excuse for letting vegas get out of the corner their boxed into in that situation.
      Comment
      • pat venditto
        SBR Posting Legend
        • 05-07-07
        • 14347

        #4
        hedge everytime.
        Comment
        • LT Profits
          SBR Aristocracy
          • 10-27-06
          • 90963

          #5
          I never hedge parlays. If you have doubt about last game, don't put it in parlay. Simple.
          Comment
          • pat venditto
            SBR Posting Legend
            • 05-07-07
            • 14347

            #6
            It's not about doubt its about making the guranteed profit.
            Comment
            • Steeltown
              SBR Sharp
              • 07-22-08
              • 384

              #7
              Silly question. Nobody can tell another person what to do with their money. We all have different circumstances. A grand to you might be huge and to someone else it might be toilet paper. It all depends on how badly you need that money.
              Comment
              • donjuan
                SBR MVP
                • 08-29-07
                • 3993

                #8
                Kelly.
                Comment
                • dmynn
                  SBR Hustler
                  • 07-30-08
                  • 50

                  #9
                  I've never hedged because I'm a degenerate. However, I'm trying to turn over a new leaf and starting a disciplined money management approach this coming football season. So I would hedge now.
                  Comment
                  • smitch124
                    SBR Posting Legend
                    • 05-19-08
                    • 12566

                    #10
                    I would probably hedge, for that reason I won't play a parlay that has an time outlier like that. Sure money in this game is so rare...
                    Comment
                    • gordon gekko
                      SBR MVP
                      • 05-01-08
                      • 2842

                      #11
                      Let it ride.
                      Comment
                      • Tsoprano
                        BARRELED IN @ SBR!
                        • 04-14-08
                        • 26374

                        #12
                        The only thing thats gonna ride is all your money to those islands with that type of mentality.

                        GUARANTEED CASH is the manly thing in any case.

                        Even a small hedge. But when given that ray of light, if someone doesnt take advantage and loses the whole thing, I feel no pitty for the fool.

                        Comment
                        • Tsoprano
                          BARRELED IN @ SBR!
                          • 04-14-08
                          • 26374

                          #13
                          Originally posted by Steeltown
                          Silly question. Nobody can tell another person what to do with their money. We all have different circumstances. A grand to you might be huge and to someone else it might be toilet paper. It all depends on how badly you need that money.
                          Thats not a silly question cause he didnt ask that, he just asked what we would do in that situation. Not what is the correct answer for everyone to obide by.
                          Comment
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