Got uconn@100-1 for $10k payout, how to hedge?

Question

I need a bit of advice on this future. I put this future in a couple months ago and lo and behold uconn gutted their way to the final four. I want to hedge the next two games and at least guarantee myself some cash. i was thinking since florida is -300 to bet $1500 moneyline on the gators , obviously i will be rooting against florida but if they win at least i still make $500. The real problem is what do you think the line would be if uconn won and played kentucky? (the money line). I was thinking probably somewhere around the -135 (if it&#x27;s wisconsin) and -165 range if it&#x27;s kentucky. So does a 1500 hedge, and then a 4k hedge next round if they win sound right?

degengambler34 · Answer

I need a bit of advice on this future. I put this future in a couple months ago and lo and behold uconn gutted their way to the final four. I want to hedge the next two games and at least guarantee myself some cash. i was thinking since florida is -300 to bet $1500 moneyline on the gators , obviously i will be rooting against florida but if they win at least i still make $500. The real problem is what do you think the line would be if uconn won and played kentucky? (the money line). I was thinking probably somewhere around the -135 (if it&#x27;s wisconsin) and -165 range if it&#x27;s kentucky. So does a 1500 hedge, and then a 4k hedge next round if they win sound right?

kterry973 · Answer

yeah your on the money right there.. I would 100% hedge the Florida game maybe for some more then $1500 because that will be their toughest challenge and if they lose obviously you don&#x27;t get anything.. but I think that if they get past Florida they can take it all.

GrandMasterAL · Answer

Let it ride! Hedge for a free play!

GrandMasterAL · Answer

Start a bunch of threads that say Uconn is Lock of the Year and try to drive that line down, then Hedge!

bob696969 · Answer

I like your plan. you get some money if florida wins and still get the benefit of a really good payout if uconn wins the whole thing

shitty part of these long shot futures is that it is hard to hedge them because they will always be heavy underdogs and you give away a ton of juice hedging for profit.

Do you have live betting? Alternatively you could put a little on florida moneyline to start the game, then hope uconn gets out to an early lead and live bet florida at a cheap price. of course this plan goes out the window if florida blows them away from the opening tip

viro · Answer

I&#x27;m in a similar situation man. I have $18K on the huskies if they win the championship and Either $10K or $8K with a hedge on their opponent if they just beat Florida. So the Florida/Conn game is HUGH for me, but the darn moneyline is just TOO meaty.

Cappologist · Answer

so by doing those hedges the most you&#x27;d make off your original longshot futures bet would be what, like 3.5 k or so?  Y not have just made a smaller bet on the uconn future in the first place then.  I got them at 55-1 before the season and I&#x27;m letting it ride, I only put 20 bucks on it so perhaps I&#x27;d feel different with more on the line.&#xD;&#xA;I just dont really see the point of the florida hedge for you.  If you can afford to put $100 on a 100-1 future bet, then netting yourself $400 profit from a florida victory can&#x27;t really mean all that much to you, can it?

degengambler34 · Answer

That&#x27;s a good point cappologist, but i think florida is a nightmare for uconn. And obviously im not alone, It&#x27;s a bad draw for this team. Anyways if i hedge the next two with the amounts i say im guaranteed to make money or get the uconn value at 45-1. 45-1 is still pretty damn good, im not trying to be greedy and moneys money. This team is still a huge dog to get past a really good florida team and to win it all.

degengambler34 · Answer

And yes longshot future betting i have now found is completely retarded. You are much better off parlaying moneylines if you really like a dog. The problem with that obviously is continuing the parlay. Im sure the guy who kept parlaying those huge bets on uconn stopped when they got to michigan state, and who could blame him?

TRAIN69 · Answer

Think outside the box. You have today, tomorrow and saturday to parlay the Florida ML with other things. Find games you like, weather it be spreads or MLs, and add the Gators. Surely with $1500 you can get a much better payout than $500.

bol and awesome call at 100-1

Cappologist · Answer

Why do u think florida is a nightmare matchup for uconn? Uconn is playing defense on a similar level to the gators right now imo, shabazz is getting his kemba on, and eventually gators poor ft shooting could hurt them, uconn is lights out at the stripe. Im not getting my hopes up too high, but im not conceding anything to the gators

curious why u think its a bad draw?

VegasVandal · Answer

I am going to give you very unconventional hedging advice because of the matchup in question. Take it for what it is worth but it is likely what I would do because $1500 + is a lot of money to me....

Personally I would put $4500 on Florida ML to win $1500 because I really like Florida to advance. If UCONN somehow beats Florida then you have a $5400 gap with wiggle room for the championship game to completely buy out of your bet. Bet enough on whoever UCONN's opponent is to win $5400 (good chance Wisky or Kentucky are the slight dog) to cover your original $4500 loss and net a small profit.

This is only a good idea if you are extremely confident in Florida moving on as I am

BIG-SHOT-BOB · Answer

[Quote: Originally Posted by Cappologist]  so by doing those hedges the most you&#x27;d make off your original longshot futures bet would be what, like 3.5 k or so?  Y not have just made a smaller bet on the uconn future in the first place then.  I got them at 55-1 before the season and I&#x27;m letting it ride, I only put 20 bucks on it so perhaps I&#x27;d feel different with more on the line.&#xD;&#xA;I just dont really see the point of the florida hedge for you.  If you can afford to put $100 on a 100-1 future bet, then netting yourself $400 profit from a florida victory can&#x27;t really mean all that much to you, can it?  [/Quote]I put 20 on UConn in late October at 75/1. Also just going to let it ride. I think it&#x27;s going to be a good game. Have some faith in Ollie and Shabazz, they can do it

bob696969 · Answer

Another hedging strategy - put $2500 (or whatever number works for you) on florida to win the title @&#x2B;110.  if florida wins, you have them at plus money in the finals and can guarenntee profit by betting on the underdog at plus money.

LETGOPACK1234 · Answer

The original bet was $100...Im guessing if you made that large of a future wager in the middle of the season, that $100 is not much..

I see no reason to hedge this bet at all...especially not yet...

I never hedge a future until the final game...

When you make a wager, especially at 100-1, you are pretty much assuming youre throwing the $100 down the drain...

Like somebody else stated, if you hedge now, and then hedge in the finals, you are taking a 100-1 bet and making it like a 30-1 bet for no reason what so ever....

Besides Wisky, I think UConn has looked the best so far....

Good luck with what you decide, but I wouldnt hedge unless they reached the finals

Meatwadd · Answer

Not sure about hedging. Is it really hedging when you need to win multiple games? Florida is the obvious favorite n for good reason. UCONN is playing their best BB of the season.

I'm more in line with Train. Parlay the Fla ML with 1 or 2 other games you like. Obvious playing the lines in those games would be better but ML will still pay out.

Fla needs to be the last game of course. Just a thought. Regardless, you're in a good situation.

hustle_man · Answer

I agree with the anti-hedge posters. How is it a hedge when you have multiple games left to play to determine the result?

Just let it ride and if UConn makes it to the championship game then you have a chance to hedge your bet.

wonwiththehook · Answer

[Quote: Originally Posted by TRAIN69]  Think outside the box. You have today, tomorrow and saturday to parlay the Florida ML with other things. Find games you like, weather it be spreads or MLs, and add the Gators. Surely with $1500 you can get a much better payout than $500.&#xD;&#xA; &#xD;&#xA;bol and awesome call at 100-1   [/Quote]agree with Train.

purpledays · Answer

$1500 to win $500 ($400 profit) seems like the best bet.....

If Uconn wins, your in for $1600 to win $10,000 and from that you can easily hedge to guarantee yourself a few thousand.

Worst case scenario is Florida wins and you get $400

I'd hedge a bit...even $600 to win $200, but don't go overboard. If the Huskies can win then you want to leave yourself a big margin to work with for the final

good luck man, I got a

Sleeper08 · Answer

Im in the same situation I bet the other 3teams as well on a prop bet to winn it all Florida is Even money put 2k on them. UK is +275 so put like 500 on them and whisky is +350 put 500 on them heres result..

UConn Wins $7k

Whisky Wins $1,750

UK Wins $1,375

FLA Wins $2k

set it up to fit what u want hope this helps and Goodluck!!!

RodWoman · Answer

Hedge your balls.  you think anybody believes you bet UConn??

bob696969 · Answer

Whatever you do, Do NOT follow post #20!!!

By claiming that if wisconson wins you get $1750, he is failing to account for the $2500 lost by betting florida and kentucky lol (and similarly if kentucky wins).

James35 · Answer

This

raider-nation · Answer

Hedge man guarantee yourself some money, great situation to be in its always a good day to know you gonna get paid. Good luck to whatever you choose.

Nicky123 · Answer

You have to guarantee yourself money here. You should treat this situation like a day trader. Watch the live lines closely. All of these games have been back and forth.

I also agree with parlaying Florida with a one or two other options.

Do not listen to the guys saying to let it ride. If it was to win a few hundred then I could understand letting it go but this is 10 grand. What is wrong with hitting something at 35:1 if you hedge? Bringing money in is the name of the game, not ripping up your ticket because you should let it ride.

Got uconn@100-1 for $10k payout, how to hedge?

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