If you won 20 straight picks, would you hedge?

i'm curious as to what ppl would do in this situation...it seems to me like a no brainer. i guess first you would need to have total faith in wagerline that they would pay up and its clear from ppls responses at this forum that they do so no worries there. i'm not sure how much how i wouldge..would it be a couple hundred, thousand i can't say. also, who would hedge if they nailed 16 straight picks? 1k is not much depending on your lifestyle, but its still a brand new big screen. most of us will be even lucky to crack the 10 game barrier ||cool.gif' border=0>

If I ever get up that high, I will definitely be hedging at all money-making plateaus. I may even hedge half a hat if I get to 8 straight! ||an_roll_laugh.gif' border=0> Tuppy has stated on this board that he did not hedge. ||an_cheers.gif' border=0>

half a hat lol nothing against him,he deserves the money becuz pulling off 21 is a remarkable accomplishment. but not hedging? how would u feel if u lost that 21st game? what are u going to say to yourself: ah well, its only 100,000..i'll get it next time..or in 10 years, or 30 years i'd hedge my girlfriend if if i only got the chance

I would hedge 20 grand no hesitation.....and having a week to make a play, you could get maybe get an early line in a game that you might think there would be some kind of line movement.......then have a shot at the middle.......Now wouldn't that be legendary.......||win.gif' border=0>

im sure ill get abused for this question but what is hedgeing? thanks

Hedging is when you place a bet on the other side of your original wager. In most betting situations, hedging is frowned upon, but when you are dealing with a free contest, it may be worth it for some people. Think of it as a type of insurance, or a way to reduce variance. So in this contest, the example is you are one pick away from the $100,000. You get it right and you win, but if you lose, you get $0. Well, hedging would be to go to some sportsbook and put money on the opposite side of your pick, thereby guaranteeing some sort of payday, regardless of the outcome of the game.

i guess wagerline pays up because tuppy says so, but dont forget tuppy lived just down the street from where he got paid. hmmmmm is that a coincident or is tuppy part owner in this site and did that as a promotional tool, naw im just joking||lie.gif' border=0> so if i got to 20 id hedge a little because in the back of my mind id still be nervous that id get shafted somehow so even if it was for a 100 grand id hedge 2000 because if i did 20 or 30 grand and wagerline stiffed me id have to kill myself because i wouldnt be able to afford a lawyer to sue them.but to each their own.||Peace_5.gif' border=0>

lol dbell i'd be scared that Wagerline.com might stiff me as well. i would hedge for sure but enough that i wouldn't kill myself if i did get the shaft in the ass. not saying that wagerline is a scam but its always better to be safe than sorry Cactus ||peace.gif' border=0>

Cactus.....hmmmm who r u really??? ||an_shake.gif' border=0>

I'm sure this is obvious but ...What is hedge?

Never mind...I see the answer above .... thanks.

If I had the money to hedge, I would...but I don't have $50K to gamble.

so i quess the big question is.. will agerline payup

wagerline srry for mis spelling

of course they will pay up!!!

I hope to verify that, personally! lol||moneybag.gif' border=0>||moneybag.gif' border=0>||moneybag.gif' border=0>

Good luck to you

Hey Bowmans...I noticed that you are officially out of the 100k contest because you failed to make a pick on the 15th of Jan...Curious as to Why you chose to do so??? T||an_burningbag.gif' border=0>

If you have 20 in a row you and decide to hedge say 50K you better not pick a game that has a possibility of being a push on wagerline, altough you still have a 20 game streak you probadly lost the other bet and your down 50K.Even if you play a game with no push and you hedge 50K and you don't hit that narrow margin were you can win both bets and you have to pay the 50K when taxes come out of the 100K 30% to 35% you would only net about 15K to 20K if you didn't hedge 65K to 70K. Plus if you hedged and wagerline doesn't pay , your screwed. Best NOT to hedge IMO.

has anyone got the hat or jacket? 1 away from a hat if they send those prizes no reason they wouldnt send the cash.

I got my first hat,waiting on second because I just got another 9 in a row

In my last big streak back in November I did receive my hat and jacket. They dont come right away but just give them time.