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To hedge or not to hedge, here is the math and why hedging is a bad idea....

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Prospect

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Posted: Jan. 6, 2024 - 10:29 PM ET #726

@Ed-Collins

I get your point

I also don’t bet parlays, but just so happened to take a flyer for fun and am in position to hedge….. I will hedge because it GUARANTEES my bookie pays ME next week

thats also an angle to decision making.

To each their own

good luck

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Legend

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Posted: Jan. 6, 2024 - 11:51 PM ET #727

Quote Originally Posted by Christo511:

Week 18 in a contest where I will win anywhere from 12,777.00 to 70k. If I pick the wrong team I win 0.00. If I hedge and play opposite I get $3500.00. All the wannabe financial scholars can say whatever the F they want. IM EFFING HEDGING! Anything else is dumb nonsense!

Hedging on a season long contest is different than hedging a last leg of a parlay. peace_5

peace_5

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Posted: Jan. 7, 2024 - 6:25 AM ET #728

@Juniorg1986

Who the hell are you an_baby

The impossible only takes longer….

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Posted: Jan. 7, 2024 - 6:37 AM ET #729

@cheeser

Thank you Cheeser and keep us posted on the Parlay contest and if it hits!!! clover

peace_5

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Posted: Jan. 7, 2024 - 11:54 AM ET #730

@KeyMaster

Bad news this AM . The only guy who has as many wins as me picked Cinn , same as me. Playing for a split now. peace

pollockanesian

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Posted: Jan. 7, 2024 - 12:08 PM ET #731

With no hedge I might add . peace

pollockanesian

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Posted: Jan. 7, 2024 - 12:15 PM ET #732

@cheeser

Well, so if Cincy wins then you get SOME cash......

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Prospect

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Posted: Jan. 22, 2024 - 8:54 AM ET #733

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Posted: Jan. 29, 2024 - 3:31 AM ET #734

Im not hedging my futures tickets on SF

Ride or die

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Posted: Jan. 29, 2024 - 6:35 AM ET #735

Quote Originally Posted by JimmyGape:

Im not hedging my futures tickets on SF Ride or die

an_nailbiter

I might. The fazz didn't hedge Ravens AFC +1400 now he has the you ate ass face

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