Cavs Championship futures ticketholders?Save yourself the grief and put those babies in the shredder

Bob,

Seriously?

You've posted so many losing threads this playoffs that BegginerBoy had to come to your rescue and say every losing side you posted was just trying to jinx the other side. Compare this to me not having posted a loser 4 months.

So please, stay in the peanut gallery with the other trolls and give us the occasional update as to whether Joey Crawford is or isn't wearing adult diapers on the court tonight and how betting should be affected by that.

I love the 'guaranteed money' talk.

What was 'guaranteed'? First the bet had to get to the Finals.

Then you had to sweat the Bulls series where they could have gone down 3-1.

And if they don't win it all, how is a hedge something to brag about?

So they'll hedge and get their money back, double their money triple it. That's a parlay. That is not life-changing money.

This poster above writes:

The truth is, you mock the golden ticket, you trying to make the wise look like a fool, you trying to make the blessed look like poor, you trying to humiliate the man who has an opportunity with greater odds on his side to be $300 richer, $3000 richer, or $30,000 richer.

$30,000 richer? What? First someone needs to have put 1K on the Cavs at 30-1 WITHOUT Lebron, Love, Mozgov, JR, Shumpert. That would be the biggest lottery ticket in the world and it STILL hasn't hit.

$3,000 richer? What? Has the bet paid off yet? If the Cavs win you'll get the 3K and I've CONTINUALLY held firm and said they won't. 

The Warriors are -240. That mean you'll have to bet $7,200 on the Warriors to collect $3k on either side minus the original bet.

What $100 bettor has $7,200 in their account. How many bettors have 7,200 in their account PERIOD??? And if they have it are they going send it all over to 5Dimes or fly to vegas and spread it out over multiple casinos with worse juice and more expenses to stay there/eat etc.

And now to the $300 guaranteed. WOW, put them on the front of covers home page for turning $100 into $300!!! I mean, most here have never done that in a single hour of betting.

So the point is, it is very tough to hedge for the $100 bettor (and the guy who posted the $400 bet on the Cavs here didn't post a hedge and it is FAR more expensive for him to hedge out given the Warriors are -240 right now and he is dealing with 4x the hedge amounts) and I've said this over and over and over. And you posters DO NOT READ A THING.

That is why you are trolls...ragging on other people's threads because you can't win money of your own.

Now either read the thread or come back if the Cavs win because you have demonstrated NO understanding of anything I wrote. I wrote this when the cavs were 3-1. And the brainless idiots here come on and say, "Wow, that's better than 30-1!!! Why are you saying shred the tickets???" I'm saying it because the Cavs won't win it all and it becomes extremely hard to hedge for a $100 bettor.

Nice to see Klay get concussed. More good luck for the Cavs.

Thanks for coming back to the thread. We now have ONE poster who has a future that matter with the OP at hand.

I want to be clear for the thousandth time. I NEVER said your ticket was worthless.

On the very first page, I specifically said:

I'm not talking about hedging. I'm talking about going all the way.

And they will pay the same as the 3-1 ticket: Nothing.

I had the Spurs at 8-1, 7-1, 6-1, 4-1, and 3-1 and didn't buy out a single dime of it.

I'm not one to buy out of any future or why even get involved. And let me say this. The hedging gets a little sticky...

After I said the word 'sticky', the thread went on endlessly as I explained something called 'effective hedging'.

I still hold firm to the fact that your ticket is worthless as a 'winner' and THAT IS ALL.

As a way to make a profit, you appear to have the bankroll (but still not enough to maximize profit) to come out with a profit.

That profit, as you noted will be about $1,200, as a rough estimate according to you, if the Cavs don't win. But here is the key: you risked $5,900 (5K + 500 on the Hawks + 400 on the original bet) return for a profit of $1,200, and that is IF the odds stay as you say they will (which they won't of course).

Now you have risked another $1K and that will ONLY get you your original 400 back plus 20 bucks. Why? The hedge is coming at the worst possible time with the worst possible team. And that is how things get 'sticky'.

This is not to defame you...profit is profit and you should be proud you went after that lottery ticket and now the Cavs are in the finals.

But people in this thread are going berserk about what I wrote in the OP: and that is specifically THE CAVS WILL NOT WIN THE TITLE.

Now I ask Rangerz, who says I put my foot in my mouth, how in the world is dropping $5,900 to win $1,200 something that is extraordinary?

If this futures doesn't hit, that ROI is positively dismal and that's only because he has the bankroll which by the way, as I've said over and over, the casual $100 bettor does not have.

And the thought that this hedge was 'guaranteed' is ludicrous. The Cavs needed to get Mozgov JR and Shump to be where they are. Does anyone believe they'd be in the position they are in right now without those players? They may have even lost to the Bulls and the odds may have skyrocketed to boot before the bettor even recognized a proper hedge.

Hedging for a small profit with a terrible ROI is NOTHING compared to actually hitting a 30-1 future, which since day 1, I said wouldn't happen (and I said it purposely at 3-1 to prove a point).

And you said it yourself Rangerz, this is all possible IF YOU HAVE THE BANKROLL.

Even this poster can't maximize his profit because although he has 5K, that is not enough to hedge out the maximum. Sticky Sticky Sticky even with 5 large, as expected.

And BB noted this above in support of me: that is the entire point...there are so many variables to effectively hedge until the last game of the year WITH the bankroll, things get incredibly sticky even though this poster is a mere 4 games away from cashing it. But those 4 games may as well be as far away as the moon right now.

Of course, lady luck smiles on the Cavs once again (as she has the entire playoffs along with the hired goon of Dellavadova taking out kneecaps) with Steph doing his best Cirque De Soliel act landing on his head and Klay taking a MMA knee to his face and projectile vomiting out of his father's car, but ultimately I stand by my statement, the Cavs will not win...and an highly unremarkable hedge with a hideous ROI (and the luck, yes luck, it took for the Cavs to get the Knicks roster dump) doesn't impress me in the least.

If he CASHES at 28-1, everyone can pile on but until then, what is the big deal????

BB, thanks for being the most level headed person in the thread as usual.

Ah yeah sure, I wish I made a bet on a team that was 30-1 (and as high as 50-1) and then get on my hands and needs and pray that  all the following happen:

Lebron comes (the biggest free agent signing of our generation)

Wiggins is traded or Love

Mozgov is traded for what equates to two high second rounders

Waiters is sent packing

JR is given to them

Shumpert is given to them

And if just one of those things does not happen, the Cavs likely aren't where they are today (with the last two being a package deal and yes, Mozgov was crucial as the Cavs didn't have a center).

So uh, no, I wouldn't want to throw money at a Win for Life ticket like that because as I said over and over and over, even after all that, the ticket will not cash...and the 'guaranteed' profit was never 'guaranteed' at all. A LOT had to happen for the Cavs to be in the finals, including Dellavedova playing Sammy the Bull Gravano. And the profit the poster will make above (if he can pull it off because the odds are going to fly all over the place in that series), won't mean much in terms of a huge cash out to put him over the top for the year. So it will be a nice little guaranteed hedge at the end of the day.

Honestly if he ends up winning $1,000, that's a nice pot for me a 1-2 No limit. I don't get up and scream and shout like a lunatic like the trolls all throughout this thread that this was the bet of the century.

You have to WIN IT ALL to brag and that just ain't gunn happen.