Why shouldnt he hedge the skins m/l is at +180. A $200 hedge means he's guaranteed to come out in the positive $800 on his original bet or $360 if in case it falls off. Law of diminishing returns tells us the difference between $800 and $1000 is nothing compared to the difference between $0 and $360
Why shouldnt he hedge the skins m/l is at +180. A $200 hedge means he's guaranteed to come out in the positive $800 on his original bet or $360 if in case it falls off. Law of diminishing returns tells us the difference between $800 and $1000 is nothing compared to the difference between $0 and $360
If you're considering hedging, why did you add that final late leg (San Francisco) on the card? You should have just left it off.
Never hedge. Hedging comes at a price. YOU have to pay that price.
You will make MORE money in a very short period of time if you never hedge.
Why is it that you should never hedge? I see that you say that you can make more money in a short period of time if you don't hedge. I'm honestly interested in your thinking on this as I have heard this before. Can you give me a heads up as to why guaranteed money is not a good thing?
If you're considering hedging, why did you add that final late leg (San Francisco) on the card? You should have just left it off.
Never hedge. Hedging comes at a price. YOU have to pay that price.
You will make MORE money in a very short period of time if you never hedge.
Why is it that you should never hedge? I see that you say that you can make more money in a short period of time if you don't hedge. I'm honestly interested in your thinking on this as I have heard this before. Can you give me a heads up as to why guaranteed money is not a good thing?
Why is it that you should never hedge? I see that you say that you can make more money in a short period of time if you don't hedge. I'm honestly interested in your thinking on this as I have heard this before. Can you give me a heads up as to why guaranteed money is not a good thing?
Why is it that you should never hedge? I see that you say that you can make more money in a short period of time if you don't hedge. I'm honestly interested in your thinking on this as I have heard this before. Can you give me a heads up as to why guaranteed money is not a good thing?
Why shouldnt he hedge the skins m/l is at +180. A $200 hedge means he's guaranteed to come out in the positive $800 on his original bet or $360 if in case it falls off. Law of diminishing returns tells us the difference between $800 and $1000 is nothing compared to the difference between $0 and $360
Why shouldnt he hedge the skins m/l is at +180. A $200 hedge means he's guaranteed to come out in the positive $800 on his original bet or $360 if in case it falls off. Law of diminishing returns tells us the difference between $800 and $1000 is nothing compared to the difference between $0 and $360
If you're considering hedging, why did you add that final late leg (San Francisco) on the card? You should have just left it off.
Never hedge. Hedging comes at a price. YOU have to pay that price.
You will make MORE money in a very short period of time if you never hedge.
You add that final leg to to give yourself better returns and if you get in a situation where you can guarantee yourself money either way TAKE IT. Every single week for the last month I've had at least one parlay that's come down to the final play of the weekend for me and I've lost on damn near all of them. The only reason I didn't hedge was because the final payout wasn't large enough to warrant one. But with $1000 on the line, there's plenty of room for him to pick number he'd feel comfortable winning.
If you're considering hedging, why did you add that final late leg (San Francisco) on the card? You should have just left it off.
Never hedge. Hedging comes at a price. YOU have to pay that price.
You will make MORE money in a very short period of time if you never hedge.
You add that final leg to to give yourself better returns and if you get in a situation where you can guarantee yourself money either way TAKE IT. Every single week for the last month I've had at least one parlay that's come down to the final play of the weekend for me and I've lost on damn near all of them. The only reason I didn't hedge was because the final payout wasn't large enough to warrant one. But with $1000 on the line, there's plenty of room for him to pick number he'd feel comfortable winning.
I would at least make it so I get my original bet back. Who doesn't want a no-lose situation. Those who saying don't hedge, I'd really like to hear arguments against it
I would at least make it so I get my original bet back. Who doesn't want a no-lose situation. Those who saying don't hedge, I'd really like to hear arguments against it
Mathematically speaking it's correct to hedge a certain amount in order to maximize the road to accumulating wealth. You may wish to hedge in a manner where you have the opportunity to win both bets. Perhaps betting a small pct on Washington at +7.5 would suit your purpose.
I personally like the SF play based on my handicapping methods, so I'd likely just gamble the whole amount. However, I would be making a slight error by not hedging at least part of my wager.
You could get really creative and use in game wagering to make your play. It's very likely you'll get the opportunity at a decent middle without laying too much juice.
Mathematically speaking it's correct to hedge a certain amount in order to maximize the road to accumulating wealth. You may wish to hedge in a manner where you have the opportunity to win both bets. Perhaps betting a small pct on Washington at +7.5 would suit your purpose.
I personally like the SF play based on my handicapping methods, so I'd likely just gamble the whole amount. However, I would be making a slight error by not hedging at least part of my wager.
You could get really creative and use in game wagering to make your play. It's very likely you'll get the opportunity at a decent middle without laying too much juice.
I don't agree with this premise at all. There's multiple problems: 1st your assuming an unlimited bankroll and guaranteeing the player will even make it to week six to get that money. Secondly you're misunderstanding probability by guaranteeing a win EVERY SIX weeks. THATS NOT HOW IT WORKS, you're going to need a MUCH larger sample size than 6 weeks to guarantee anything. You could go on a 20 week cold streak and then what? In your example you'd keep on playing until you hit. That's cool if you have an unlimited bankroll, but NO ONE does.
You go on to say "as long as you can afford it" but you're already assuming that the person can afford.
In reality most ppl can't "afford" it.
And like someone else pointed out, your assuming every parlay has the same EXACT value, when they don't. The two scenarios your comparing are very unlike one another.
I don't agree with this premise at all. There's multiple problems: 1st your assuming an unlimited bankroll and guaranteeing the player will even make it to week six to get that money. Secondly you're misunderstanding probability by guaranteeing a win EVERY SIX weeks. THATS NOT HOW IT WORKS, you're going to need a MUCH larger sample size than 6 weeks to guarantee anything. You could go on a 20 week cold streak and then what? In your example you'd keep on playing until you hit. That's cool if you have an unlimited bankroll, but NO ONE does.
You go on to say "as long as you can afford it" but you're already assuming that the person can afford.
In reality most ppl can't "afford" it.
And like someone else pointed out, your assuming every parlay has the same EXACT value, when they don't. The two scenarios your comparing are very unlike one another.
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