I have a +700 wager on the Cavs to win the East. If the wager is 1 unit to win 7 units. If I tell sportsbook I do not want to wait till May for it would they be willing to settle down for a lower amount considering their around +150 to win the East? If they accept an early settlement whats a fair price to ask? I would get back 8 units if I let it ride and wait out, is a 2.5 units a decent amount for an early settlement?
-
-
Not a chance. You that hard up?Comment -
Not a chance you'd get a buyout. Only hedge would be finding a book or exchange the offers the "field." 5dimes will have it soon, probably at around -200 where you could lock in 1.7 unit profit either way.
But in terms of your C rated book offering you the money immediately, no chance. And it sounds like you wouldn't wanna hedge in a real book where your hedge could lose, and your C rated book closes up.Comment -
I doubt they would offer anything either, but maybe if you go small and offer them a buyout for a 1.5 unit profit they might say ok. I feel like you have a good shot at winning it, but if you could get a free 1.5 unit profit from just betting the Cavs on speculation Lebron would sign then I'd say that that was a good ROI for such a short time period.Comment -
There will be no "early settlement."Comment -
they wouldn't let me do it, will probably let it ride all the way at this point.Comment -
You are always able to do that on an exchange.Comment
