Posted:
#1
https://prntscr.com/9vx11j
Thanks. 
What is the proper hedge here?
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Views: 845
Posts: 17
Posted:
#7
Quote Originally Posted by slamspurs:
This hedging nonsense really has to stop.
I clicked on this thread just to see if it was one game or not. You FIVE left.
FIVE!!!!
This guy wants to hedge a bet with 5 picks left.
GTFO. Can't believe I wasted time clicking on this.
So you're honestly telling me by betting like this isn't guaranteed money? 5th game bet 200, 4th game bet 400, 3rd game bet 600, 2nd game bet 1200 final game bet 2400? ....I don't see your reasoning at all.
Posted:
#9
The guy is looking for advice, hence why he created this thread. If you think he's going to lose the parlay, why not help him out by encouraging him to hedge on certain fights? If he's going to lose, I think it was a good idea that he created it in the first place. 
I don't intend to come across as a d!ck but cut the guy some slack. A lot of these new members do nothing but talk sh!t about each other. 
I just don't see the point. Aren't we supposed to share information and give advice to smash the books and not each other?
I just don't see the point. Aren't we supposed to share information and give advice to smash the books and not each other?He has the potential of winning $11k on a .33 unit play.
I would help you out, but as I've mentioned, I don't know d!ck about g@y carpet wrestling and it is too early to hedge at this point in my opinion.
You work in private or public accounting?
Posted:
#12
Quote Originally Posted by accountant4life:
So you're honestly telling me by betting like this isn't guaranteed money? 5th game bet 200, 4th game bet 400, 3rd game bet 600, 2nd game bet 1200 final game bet 2400? ....I don't see your reasoning at all.
I spent like forever doing a mathematical calculation, but I've got a headache right now, so I'm going to keep it simple.
Your original parlay, as it stood, before any of the other games were added, was a winner of approximately $660. That's money you would have in your pocket without any risk, or needing to hedge anything if you left the parlay at those games alone.
So you have to factor that into each calculation.
I think based on my calculation, by the time you reached two games left, you would be down over $1000 if the 2nd game lost. But if you had gotten that far your original $660 would have been parlayed with all the winners so far. So technically you'd be losing that as well.
If you think I'm wrong, then maybe I can do the calculation later, but if you break even off the bet, you're losing the $660 you would have already won. I believe if the next game loses, you get $350 profit. Yes, guaranteed money. But your guaranteed money before was already $660, so technically you lost $310.
Posted:
#14
Quote Originally Posted by Raiders22:
I always like when the correction attempt is incorrect. 
Say it aloud. 'You are parlays' or 'your parlays'.
If you wanted to correct something--- correct 'parlays not' to 'parlay is not'
I caught that too, hahaha. I didn't want to point it out.
I'm not big on correcting other posters' grammatical errors because I make them myself. I'm not sure why members feel the need to do it.
What is this? Second grade language arts class? If she is still alive, Mrs. Baker would not be satisfied!
Posted:
#15
Quote Originally Posted by Raiders22:
I always like when the correction attempt is incorrect.
Say it aloud. 'You are parlays' or 'your parlays'.
If you wanted to correct something--- correct 'parlays not' to 'parlay is not'
He was correcting "your a tool". Your reading comprehension may need a little work as well.
Posted:
#17
Quote Originally Posted by pjrez:
He was correcting "your a tool". Your reading comprehension may need a little work as well.
My apologies. You are right. I just sped read this to see if it was an interesting hedge. So missed that there were two 'your' in there. Guess he could've corrected the other part as well though. If you gonna be the grammar police --- might as well correct all of the errors.
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