How should I hedge this bet?

[CheeseBoy323]

I put $530 on a 2 team parlay to win $513..2 tennis players, @ -240 and -260.. The first match won..
The 2nd match is early morning tomorrow and the other guys price is +205 currently..
Im not confident in the 2nd play now that the line keeps going up and down..
What would be the best hedge for my buck? Any profit would be fine, but right now I only see me getting a little less than even vs a little profit if the parlay hits.. Hmmm

[good2go2mexico]

Well who is it?

[Blax0r]

I put $530 on a 2 team parlay to win $513..2 tennis players, @ -240 and -260.. The first match won..
The 2nd match is early morning tomorrow and the other guys price is +205 currently..
Im not confident in the 2nd play now that the line keeps going up and down..
What would be the best hedge for my buck? Any profit would be fine, but right now I only see me getting a little less than even vs a little profit if the parlay hits.. Hmmm

If you want to exit your position completely, you'll lock in a profit of $171.

Put $342 on that +205 match:

1. Parlay wins --> 513 (winnings) - 342 (hedge loss) = 171
2. Hedge wins --> 701 (winnings @ +205) - 530 (parlay loss) = 171

Although I'd like to know what match you're trying to hedge out of...

[CheeseBoy323]

The play is

David Nalbadien vs Roger-Vasseline btw..
Does this change anything? Thanks

[Blax0r]

The play is

David Nalbadien vs Roger-Vasseline btw..
Does this change anything? Thanks

Well I've outlined the strategy to exit with guaranteed money. However, you can adjust your bet size on Edouard according to your risk appetite.

ex #1: Instead, I want to guarantee a $100 profit (remember, 171 is your max guaranteed), and believe my parlay is still favored:

1. 530 (parlay cost) + 100 (profit desired) = 630
2. 630 / 2.05 (odds on Edouard) = 307.32 (this is how much you should bet on Edouard)

So now your payoff scenarios look like this:
1. Parlay hits --> 513 (winnings) - 307.32 (hedge cost) = 205.68
2. Edouard wins --> 630 (winnings) - 530 (parlay cost) = 100

ex #2: Now you still want $100 guaranteed, but you think Edouard is favored.

1. 513 (parlay winnings) - 100 (profit desired) = 413 (this is how much you can bet on Edouard)

Payoff scenario:

1. Parlay hits --> 513 (winnings) - 413 (hedge cost) = 100
2. Edouard wins --> 846.65 (winnings @ +205) - 530 (parlay cost) = 316.65

You can go in a number of different ways, but I thought it'd be worth showing how to add more exposure to either side.

So I'll leave it to you on what to do.

[good2go2mexico]

The play is

David Nalbadien vs Roger-Vasseline btw..
Does this change anything? Thanks

I have a lot of money riding on Nalbadien myself and am completely confident in him. He's great on grass. ERV is only getting respect because he beat Andy Roddick but really who doesn't beat him anymore. I personally wouldn't hedge I'd gamble and let it ride. But it's your money and you got to do what you feel is right.

[CheeseBoy323]

Thanks, I really appreciate you guys input..

[Powderguy]

Let it ride man!

[ANGRYBLACK]

I dunno what I was smoking this morning. I placed Pervak/ERV 100/333.33, and after she won, I said WTF? and placed 333.33 on Nalby @ -280. I bypassed the $333.33 if ERV wins to get just $18.93 if Nalby wins. That's how confident I am. ..

[Dirty Sanchez]

Never fukkin heard of ya pal

[ANGRYBLACK]

Never fukkin heard of ya pal

Never heard of your 7,500 post no life having ass, either. If you'd like to get to know me better, ask Bookmaker about customer #bkr163*** who's up 60 units so far this year, BYTCH. (1U = $100) Or you can check who's #2 out of the hundreds of thousands of entries in their NBA Bookmaker Bracket Contest. Fukk outta here...

[good2go2mexico]

Never fukkin heard of ya pal

What's your problem man? No drama here just a huge Nalbadien win in 6 hours.

[Imsmarterthanu]

Even though i wasn't confident in this match i put a lot on Vasselin I don't know why I guess it's because Nalbandian was flippy floppy alot of the time and I figured I'd give it a shot.

Anyways lets go Vasselin!

[good2go2mexico]

He is flippy floppy but if he gives a shi t out there tomorrow he will easily handle ERV.
ERV could barely handle Roddick.

[Demonata]

Nalbandian is better and Vasseline has no weapons.No reason Nalbandian loses.

[ANGRYBLACK]

What's your problem man? No drama here just a huge Nalbadien win in 6 hours.

Ditto. I just hit Nalby again for 500/200. Good Luck!

[baskets]

Nalbandian is better and Vasseline has no weapons.No reason Nalbandian loses.

In the year 2012 Nalby can lose to anybody at any time. He may be thinking about Santa Claus, Neptune or what kind of butter he'll apply to his Argentinian steak for dinner. Guy can go MIA real quick. If I can hedge out of a Nalby parlay to escape, I'd do it almost every time

[Demonata]

In the year 2012 Nalby can lose to anybody at any time. He may be thinking about Santa Claus, Neptune or what kind of butter he'll apply to his Argentinian steak for dinner. Guy can go MIA real quick. If I can hedge out of a Nalby parlay to escape, I'd do it almost every time

Not me when Nalby plays on grass. Always plays well on grass. Even was Wimbledon finalist before.

[baskets]

Not me when Nalby plays on grass. Always plays well on grass. Even was Wimbledon finalist before.

Demon, I don't think u've been to the dance w/ Nalby enuff. The guy is batshit crazy.

Nalby used to be able to beat anybody at the drop of a hat... and I mean even Federer. but that was back in the day.... and AFTER his Wimbledon performance. that Wimbly era was back when Arthurs and Lapentti were playing

gl tho

[ParlayininHTown]

He's known as Fat Dave for a reason, guys ... Proceed with caution.

[paco]

^^ agree, almost choked as a -600 fav match before last. Survived some tuff spots. Didn't he get owned as a Hugh fav in the french also? I understand that was clay court, but this guy just seems unstable and not consistent enough. (like Tsonga lol)

[playersonly69]

Why in the hell would you want to hedge at all?? I mean come on, this is a 2TEAM PARLAY!!!!


Why even bother betting a parlay if you are going to look to hedge when it is done. You are only costing yourself money by hedging

[good2go2mexico]

He's known as Fat Dave for a reason, guys ... Proceed with caution.

Fat Dave, Skinny Dave, or In Between Dave can beat this guy. What does ERV bring to the table seriously?

[ANGRYBLACK]

Yes, hedging a 2 team parlay is pointless. Just double your stake on the first leg of the parlay that you were confident about. I read about Nalby' s back, and threw ERV in a parlay. It was postponed which gave me an extra day to think about it. I hedged Nalby into an $18 free roll, then threw another wager on him for 500/200...

[Demonata]

Nalbandian is good on grass. Wish it was not raining.

[ANGRYBLACK]

Ca$h it! +2.18U...