Hedging Out

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  • Fitz030808
    SBR Sharp
    • 11-23-11
    • 383

    #1
    Hedging Out
    I've gradually developed a large balance in a sportsbook thats recently come under fire. I no longer feel completely comfortable having such a large balance in the book. Im close to completing the rollover but feel my payout will be delayed for sure. Just wanted to know others thought about hedging out. Experiences doing so....etc.....
    Last edited by Fitz030808; 06-04-13, 01:50 PM. Reason: spelling
  • John Dough
    SBR MVP
    • 09-21-05
    • 1785

    #2
    Horrible idea. What happens when you wind up winning in the book you want to get out of and losing elsewhere?
    Comment
    • goombah
      SBR Sharp
      • 04-27-11
      • 297

      #3
      Take the dog at the book you want to get out of and the fav somewhere else and pray.
      Comment
      • John Dough
        SBR MVP
        • 09-21-05
        • 1785

        #4
        Originally posted by goombah
        Take the dog at the book you want to get out of and the fav somewhere else and pray.
        LOL, yeah, solid plan.
        Comment
        • touchback
          SBR MVP
          • 02-08-12
          • 1227

          #5
          Building up a large balance at one service and hedging part of it out too another is viable and done more often than people think. Just use due diligence when shopping the lines you are using to hedge out with and you should be fine... also choose a decent additional out. Also, if your balance is at a reputable book you may be able too just transfer some of it out by book to book transfer.
          Comment
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