All Forums | Systems & Strategies

Proper hedge method/strategy

...

Participants:

Posts: 8

Kim_Jong_Yay

Prospect

Joined: Aug, 2014

Posts: 208

Posted: Nov. 2, 2014 - 11:54 PM ET #1

So please post a link or brief example (use mine) thanks.

I have a 4 team $50 to pay $460 with one leg left. MNF colts -2.5

What is the Logical way and how much do I hedge? I feel very confident with my play but want to obviously guarantee a win and turn a nice profit. ( my last 3 teamer was a soccer play that ended in a draw, I played it small enough to cover my initial wager but still was not thrilled with the outcome

Thanks

canovsp

Captain

Joined: Dec, 2009

Posts: 5755

Posted: Nov. 3, 2014 - 12:34 AM ET #2

Bet $55 on the Giants (assuming -110 juice).

If the Giants win you break even. You will win the $50 you lose from the original bet.

If Indy wins you are up $405 ($460 minus the $55 you bet on the Giants).

rivermonsterz

Veteran

Joined: Aug, 2013

Posts: 1033

Posted: Nov. 3, 2014 - 1:48 AM ET #3

in the future don't bother putting that last leg in. there is not point in putting a bet like that on otherwise.
if something has changed since the bet was placed that could affect the game, then it may be wise to use the method above, but if you are going to run around hedging all your multibets you may as well be playing singles

kenkean89

Veteran

Joined: Apr, 2006

Posts: 1506

Posted: Nov. 3, 2014 - 8:57 AM ET #4

Or, if you just want a nice profit, bet approx 250 on the NYG and you guarantee yourself a couple of hundred either way......GL.

thorpe

All-Star

Joined: Sep, 2002

Posts: 12927

Posted: Nov. 3, 2014 - 12:04 PM ET #5

Quote Originally Posted by rivermonsterz:

You aren't hedging unless the line moves. What the OP is doing is buying back his bet because he is afraid of losing. It is the same thing as betting both sides of a game and losing the juice.

If you do parlays, make sure all the games finish around the same time.

Danrules24

Captain

Joined: May, 2012

Posts: 5921

Posted: Nov. 3, 2014 - 4:24 PM ET #6

I wouldn't hedge. You are in a great spot to win $460 on just a $50 bet. Why give the book back some of your profits? Look at it this way, would you take Indy -2.5 to win $460 on a $50 bet? Yes, everyone would. That is the situation you are in right now.

Just my opinion.

Stay disciplined and manage your bankroll

Danrules24

Captain

Joined: May, 2012

Posts: 5921

Posted: Nov. 4, 2014 - 1:24 AM ET #7

I hope you didn't hedge.

Stay disciplined and manage your bankroll

rivermonsterz

Veteran

Joined: Aug, 2013

Posts: 1033

Posted: Nov. 4, 2014 - 2:31 AM ET #8

Quote Originally Posted by Danrules24:

I wouldn't hedge. You are in a great spot to win $460 on just a $50 bet. Why give the book back some of your profits? Look at it this way, would you take Indy -2.5 to win $460 on a $50 bet? Yes, everyone would. That is the situation you are in right now.
Just my opinion.

Never even thought of it that way.
That's a great bet!!!!

All Forums | Systems & Strategies

Proper hedge method/strategy

Hot Forum Topics