What's the best way to hedge this parlay?

[ROFLcopter]

So that 250K Parlay thread inspired me to give this a shot. As you can see in the screen shot, got a 6 team open parlay going.. I think 6 team is the max my local gives me. I'm not the greatest at math, but it seems like a slam dunk to make profit on this by simply hedging each individual game and taking the ML of the opposite side, no?

For the more mathematically inclined, what's the best way to hedge this going forward to maximize profit and ensure that I atleast break even? Right now I can get Fordam +290 (vs Sienna) and Rams +370

[FourLengthsClear]

You should not be thinking about hedging.

[smoke a bowl]

Can't do shit but phuck hedging anyway.

[ngates815]

Why in the fukk would you be thinking about hedging on the first leg of a 6 team parlay.


Maybe hedge when you get to the 6th play(even then who knows). Otherwise I wouldn't even think about it.

[ROFLcopter]

Why wouldn't I? Upsets happen. I can guarantee I don't lose any money on this play if it loses while ensuring a profit of like 2K if everything hits

[dfberger23]

[ROFLcopter]

Figures i wouldn't get any help from this board. Board is full of losers... can't even understand this simple concept

[TR88]

[Chimneyfish]

Figures i wouldn't get any help from this board. Board is full of losers... can't even understand this simple concept

Yet you were inspired by somebody on this board making a 25-team parlay?

[FourLengthsClear]

Why wouldn't I? Upsets happen. I can guarantee I don't lose any money on this play if it loses while ensuring a profit of like 2K if everything hits

If you think those two plays (Fordham +290 and Rams +370) are good plays in their own right, you play them. Don't think about them in relation to the parlay.

Regardless of this you can't effectively hedge anyway unless the result of the CBB game is 'known' before the NFL game kicks off.

[Ez Money 77]

This is why your concept doesn't work bro. First the pay off for that parlay is if the other 4 teams were all -110 and not huge ML teams. So as I do see what u were trying to do if the payoff was $3000+ but its not. Was a good idea if that was the case bro but its not.

[jstblaze]

You can start hedgin further along, as lon as each play is concluding before the next one.

[ngates815]

Ok, dumbass.


Go ahead and bet your 80 bucks on fordham at +290...That should cover your initial bet and guarantee you some profit.


Ok, then when that one wins, go ahead and put put 75 on the Rams to win, that will pay you out 280 which will cover your initial bet (200) and your hedge on the very first leg of your parlay.

Lookie now, you're at 155 dollars worth of hedging on your first fukkin night, because you think it's just that simple to guarantee yourself profit. If it were that easy, wouldn't everyone be doing it?


And why would you ask us (board full of losers) to help you figure out hedging on this parlay, when you tell us it's such a simple concept?


Why in the world would someone do a 6 team parlay and not feel confident in any of his pick and want to hedge every single one of them?

A 6 team parlay with an average of -350 plays for 200 bucks pays out 700...Don't know where you're getting 2-3K from.

[ehp6737]

Fukkin classic! Guy is trying to hedge a 6 team parlay with not one game played yet. I dont know if this is the dumbest thread I've seen in my time at SBR, but it's definitely in the Top 3

Pal, do you even know what hedging means? How the fuk can you hedge something that doesnt yet exist?

Rather than try to break down how stupid your concept is in mathematical terms, let me explain it like you're a 5 year old. If there was a sure fire way to make money manipulating, hedging, or circumventing a parlay before it began, than everyone would be doing it, hence bookies wouldnt take parlays.

[ehp6737]

Where are you getting this payout anyway?

Normally with an open parlay it will only show payout for the team(s) you've selected so far, based on their ML's. So right now your parlay should be 200/119.66. And the payout will adjust as you add your plays.

Even if your book is assuming -110 for the last 4 open spots for now, then payout is 200/4046.

Your "screenshot" makes no sense.

[ehp6737]

I'm not the greatest at math, but it seems like a slam dunk to make profit on this by simply hedging each individual game and taking the ML of the opposite side, no?

This is the understatement of the year

[Gee]

[ROFLcopter]

[Ra77er]

Here's the icing...

Not going to waste time with a write up because you have no idea who I am anyway and could give a fukk what I think. But take the OVER 40 if you like money. I have some inside info. Will enjoy the winnings on an escort tonight that I've had my eye on.

GLHF

[Ra77er]

Oh yea final score 14-3

[onacloud]

[ROFLcopter]

[Sdotbold]

Should have posted this in the newbies sub forum, they will eat u alive in here. Posting flawed strategies in here will only lead to ridicule. Good luck man.

[ngates815]

Hey rofl...Let me guess you were just kidding when you made this thread?

[Glitch]

you should just extrapolate your parlay into what you think your 6th game would be and bet 199.99 on the opposite side of That play. easy.

[ROFLcopter]

Hey rofl...Let me guess you were just kidding when you made this thread?

Why so mad, Razor?

[ngates815]

yep...

[dfberger23]

Hey guys I am thinking about parlaying the Rams +8.5 with Portland State +13, how can I hedge this?

[sapidoc]

this.

[Ra77er]

....

[Footballtime]

Siena is getting Waxed, this thing is DEAD before it even had a chance to get going!

[ehp6737]

Siena -325 losing by 16 late in 2nd half.

Fukkin classic

Hey Pal if your looking for a way to make money, stop trying to "hedge"....Just fade yourself.

[sapidoc]

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