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Author: [College Basketball] Topic: Hedging a bracket wager question?
zonk928 send a private message View Space | Blog | Friends | Playbook |
zonk928
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#1
Posted: 4/1/2012 10:00:50 AM
Basic facts: $10 bracket with 146 people in the pool, winner gets 60%, top 4 payout. Kentucky wins, I place 1st and get $876. Kansas wins, I finish tied for 5th, and get $0.

Current line I am seeing is Kansas at +270. How much would you hedge in this spot?

$0 wager : Let it ride Kentucky is clearly the better team. Kentucky wins +$866, Kansas wins -$10

$100 wager: Kentucky wins +$766, Kansas wins +$260

$200 wager: Kentucky wins +$666, Kansas wins +$530

etc...

Thanks for the help in advance
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bense197969
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bense197969
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#2
Posted: 4/1/2012 11:28:09 AM
Take the points, you could win the bracket contest and your bet. Since its only a $10 investment, bet like $200 on KU +6 and hope for a UK victory inside of the number 
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yankees2k6 send a private message View Space | Blog | Friends | Playbook | My Sportsbook: 5Dimes |
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#3
Posted: 4/1/2012 12:39:18 PM
I am in the same situation, my payout is only $550 and I have Kentucky over Kansas in my bracket. Sounds greedy but I am thinking of putting my winning possibility on Kentucky ML. I am up big in past month plus so can afford to do so. I think it's their year!
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casheasy
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#4
Posted: 4/1/2012 6:18:17 PM
I never hedge parlays, but since this is a different animal, and it's mitigating a NCAA Bracket sheet, you should definitley put $50 on Kansas and win either $816 (most likely) or $130. That's all you should do. KY is the fave for a good reason, and hedging any more would be a bad idea. Or even risk $100, which is what you originally asked. But my bet would be $50  That way you'd be pretty much letting it ride on the better team, but with a questionable young make-up. Just mae sure yourcalculations are correct as far as who gets what and that you win it all if KY wins. What a great position to be in bro. Hang in there  
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casheasy
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#5
Posted: 4/1/2012 6:19:59 PM
Oops I mistyped I meant you'd win $125 if you bet $50 at +270 and lose the ten on the bracket sheet
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yankees2k6 send a private message View Space | Blog | Friends | Playbook | My Sportsbook: 5Dimes |
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#6
Posted: 4/3/2012 11:41:06 AM
QUOTE

Originally Posted by yankees2k6:

I am in the same situation, my payout is only $550 and I have Kentucky over Kansas in my bracket. Sounds greedy but I am thinking of putting my winning possibility on Kentucky ML. I am up big in past month plus so can afford to do so. I think it's their year!

 I hope you took my advice.

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