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Author: [Streak Survivor] Topic: If you had 20 wins in a row... Would you hedge?
Genghis518
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Genghis518
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#1
Posted: 4/17/2007 6:52:16 PM
and how would you?
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GGully
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#2
Posted: 4/17/2007 6:56:33 PM
I would place a $ 30,000 bet on the opposite team that i picked for my $ 100,000 pick. Simple, WIN...... WIN
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#3
Posted: 4/17/2007 6:57:05 PM
No, have faith in your picks.
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GGully
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#4
Posted: 4/17/2007 6:59:40 PM
Your crazy! Its a WIN...WIN I Wonder if Uncle Sam will be told about this payday?
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#5
Posted: 4/17/2007 7:01:14 PM
of course i would bet opposite my pick maybe 40g
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#6
Posted: 4/17/2007 7:01:38 PM
FDog has a week to come up with one pick. The only problem is that if Tuppy wins tonight he'll have 15 and you know he will pick every night to try to beat FDog to 21.
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GGully
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#7
Posted: 4/17/2007 7:03:51 PM
True that! Breathing down his neck! I would be so pissed if I was Tuppy, resets at $ 10,000!
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sarava
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#8
Posted: 4/17/2007 7:03:53 PM
lol i was just about to start this thread so we would have a tally of who would or wouldnt. i would
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sarava
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#9
Posted: 4/17/2007 7:05:17 PM
i would bet 30 or 40 g's opp my pick.
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DogsLoveTrucks
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#10
Posted: 4/17/2007 7:06:42 PM
30 g's.. nuff to buy something real nice!
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#11
Posted: 4/17/2007 7:16:33 PM
Take a baseball game on a team -115/120 or so and go to Vegas and bet as much as you can (30,40K) on the other side at + money. Either way, you clean up huge. You can call it being ballsy if you want, but I think if someone didnt hedge a $100,000 bet they would be a complete idiot.
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#12
Posted: 4/17/2007 7:27:29 PM
What if Wagerline pays in offshore account credits? You can't hedge that.
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G82YR
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#13
Posted: 4/17/2007 7:28:03 PM
First I want to say good luck to fdog on his 21st pick but i definately agree with GGully about hedging your pick maybe not 30K but at least 10K. So your guaranteed something. Good Luck again.
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stretch deez
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#14
Posted: 4/17/2007 7:36:29 PM
I am guessing unless something has changed over the past year or so, F-Dog will get a nice fat check, much like I received for my run that died at 19 in a row. I'm certain they have backing thru either a gambling site or a sports marketing firm of some sort. Best of luck to ya bro'...Green Bay's finest wagerliner is pulling for ya......
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clawman1991
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#15
Posted: 4/17/2007 7:43:26 PM
Hedging's the way to go. I wouldn't go higher than 30g's or a win would be bitter sweet. I'm sure the website is insured, like they do with cars on the hole in one contests in tournaments. Either way we need to root him on and also thank wagerline for the FREE entertainment.
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kxblue
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#16
Posted: 4/17/2007 7:44:18 PM
Shit, I would take some fairly large underdog at +120 for 30K and take the favorite on wagerline. Either way you get an ok paycheck.
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GreekHotLover
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#17
Posted: 4/18/2007 7:19:50 AM
is it so simple? where can i find so much money? which bookie accepts so much money? Pinnacle? Not in all games. allin all it is logical to hedge if one can do it.
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DogsLoveTrucks
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#18
Posted: 4/18/2007 1:42:58 PM
what about 3 bookies.. or vegas... I f I was going t win at least 30 g's I would be traveling to vegas where you could easily bet that!
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redsox5
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#19
Posted: 4/18/2007 1:57:54 PM
Take out a second mortgage on the house (or mobile home if you're VTVOL23) for $50K, Or ask Vinny No Thumbs for a “loan”, Fly to Vegas = $300 round trip, Stay at Wynn = $700 for a 4 night stay, Survivor pick = San Jose -142, Casino wager = Nashville +132, lay $49K to win $64,468. Hope that Nashville pulls off the upset and fly home in your personal chartered jet, $60K richer. If not, you get a check in the mail from Wagerline for $100K Good Luck Dog!
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#20
Posted: 4/18/2007 5:06:25 PM
yo redsox5: you forgot that the survivor picks that are offered never go past -130 so the sharks at -142 wouldnt be an option. To maximize his profit is a no brainer. Every day he should be looking for an MLB game with a favorite as close to -130 as possible and pick it. To hedge he needs to fly to vegas, explain his situation to a sportsbook at a major casino, and lay 25k or 30k on the underdog.
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#21
Posted: 4/19/2007 12:50:08 PM
Freightdog baby! Get your hands on 45 grand however u can and slap it opposite your pick. If you lose it add the 10% juice and you lose 49.500 but u pick up 100k on ur wagerline pick. Net net 50K baby! Good Luck! Filthys!
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BestPlay2Day
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#22
Posted: 4/19/2007 1:48:34 PM
You would have to report taxes if you won a $30,000 wager I believe. Casino will make you fill out forms and might withhold the tax up front. Better to make 10 $3,000 wagers at different casinos and not get taxes taken out of your winnings. Would love to be in Freightdog's position, he is already a big winner if he hedges.
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redsox5
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#23
Posted: 4/20/2007 8:18:59 AM
DMA, I saw that available on 4/18. When I was in Vegas (stayed at treasure island) about 5 years ago, I beleive that there was a 10K max on most wagers. 50K on NFL. I don't know if it has changed. Either way 10 $3K wagers is an option.
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racer3312000
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#24
Posted: 4/20/2007 11:38:37 AM
Hey Stretch deez, How long it took you after you hit the 17th win, to get the check in the mail?
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