Hedging Opporutunities.......

[mavskidd02]

3 team Money line parlay with the three favs which is plus money. If the parlay loses you hit at least one of your teams.

I was thinking the same thing, but it only pays about +130... I'm gonna let it ride!

[grandmama]

I was thinking the same thing, but it only pays about +130... I'm gonna let it ride!

be smarter than that. Like I said earlier, you were smart enough to put yourself in this situation to hedge. That's why one makes future plays. At least hedge on Pitt because they're a small fav.

[bryce]

I would hedge to make sure I made money...I am for real a low risk taker and when I can hedge...I do..GL whatever you decide!

[10DimeBry]

I would hedge to make sure I made money...I am for real a low risk taker and when I can hedge...I do..GL whatever you decide!

low risk taker? whats the point of gambling then?? Go knit or something lmao

ps hope you are getting better buddy. that sucks about how they are treating you at work

[bryce]

low risk taker? whats the point of gambling then?? Go knit or something lmao

ps hope you are getting better buddy. that sucks about how they are treating you at work

haha Bry thanks buddy! Well when I say low risk--if I have a future or say like the NCAA tourney bracket pool--I am in second place out of 150 people right now...Today I hedged if you can call it that NOva because I need Pitt...If Pitt wins I will be in first place and looking at a 500 payout...I really like Nova and it made sense...even if I didn't like Nova today I would of taken them for that reason...AND--low risk because of 20 years of doing this I really FKD up by not hegding 80% of the time..I guess my goal is to show a profit everyday no matter how small it may be...

Thanks again about the work thing...yep it sux and I will deal with it!!

[mavskidd02]

Guys I agree with your opinions on why it is smart to hedge, but I just have a feeling in me that I am making a good call. Thank you for your opinions and inputs, I looked at every possible angle, and just feel like this is the right play in this spot. None of the plays are real big, and losing them will not kill me, however winning, even one, will put a help to my bankroll.

[mavskidd02]

After seeing the catastrophe in the Mizzou game, getting so close taking the lead, and still losing, I decided to hedge this Nova game, being the fact that it was so close and its a very simple way for a guaruntee. Couldn't take the chance on making nothing with OU being a decent dog tomorrow too.

I know who cares? Just giving an update to those of you who pushed me toward hedging. I literally hedged seconds before the tip. Can't lose money now, feels good.

[mavskidd02]

Well, i hedged like an idiot, instead of a (+622) it was about (+500). No big deal, and the game was a lot less stressful knowing I couldn't lose any $$

[BettorsChat]

Well, i hedged like an idiot, instead of a (+622) it was about (+500). No big deal, and the game was a lot less stressful knowing I couldn't lose any $$

You made $ which was the point.

[Chado1]

Someone once told me that hedging for the most part is not necessarily a mathematically smart idea in reference to long term investment. His points were something about the fact that when you hedge you are giving juice back to the great odds that you earned to get to that point. I wish I could remember exactly how he broke it down but it made a lot of sense as myself, like a lot of people in this thread, used to say hedge to ensure profit always. However apparently this is not necessailry the best thing to do from what I have been told.

[mavskidd02]

Someone once told me that hedging for the most part is not necessarily a mathematically smart idea in reference to long term investment. His points were something about the fact that when you hedge you are giving juice back to the great odds that you earned to get to that point. I wish I could remember exactly how he broke it down but it made a lot of sense as myself, like a lot of people in this thread, used to say hedge to ensure profit always. However apparently this is not necessailry the best thing to do from what I have been told.

I've heard the same as well. But I think you are thinking of this ( I may be wrong)........

What you are saying sounds like the idea against MIDDLING, where when you middle you are simply selling back juice against a better line that has moved against you.

Example:
Knicks+7
Bobcats -7

You have Knicks +7

Now it is Bobcats -4

So you take it........

You sold back a better line + the juice. And are in the long term not making a smart decision

Is that what you were thinking of? Or am I way off?

[bryce]

Someone once told me that hedging for the most part is not necessarily a mathematically smart idea in reference to long term investment. His points were something about the fact that when you hedge you are giving juice back to the great odds that you earned to get to that point. I wish I could remember exactly how he broke it down but it made a lot of sense as myself, like a lot of people in this thread, used to say hedge to ensure profit always. However apparently this is not necessailry the best thing to do from what I have been told.

I think you hedge to guarantee some type of pay out...A great run by all these teams could be lost if they lose in the 4th game which was real possible...I would be so pissed if I didn't hedge when I could of when I was getting excited abt a big pay out and got NOTHING

[Chado1]

I've heard the same as well. But I think you are thinking of this ( I may be wrong)........

What you are saying sounds like the idea against MIDDLING, where when you middle you are simply selling back juice against a better line that has moved against you.

Example:
Knicks+7
Bobcats -7

You have Knicks +7

Now it is Bobcats -4

So you take it........

You sold back a better line + the juice. And are in the long term not making a smart decision

Is that what you were thinking of? Or am I way off?

No middling is another story for another day..

Middling can be good only prior to the game where you only have a 10 cent differential that can be lost. I have always been told dont middle a play at half when the original bet is in good shape because if it doesnt come through that yes you would have just thrown away the profit you would have made on the original one that was already looking like an easy winner. Hard to say there are always to points of view to both hedging and middling..

[mavskidd02]

Yeah, I made a decision today to hedge, it didn't quite work out. I hedged the wrong game, I let Mizzou ride..... lost. And let Nova hedge, won, but not as much.

It's funny though, I have a 4 team parlay going, paying 11:1 a real small play, last play was GS +12. They were down 9 at half and playing bad. 2H line was 3.5 I hedged it and am now looking at an absolutely NO LOSE situation. This could be the 2nd time today hedging works against me, I guess time will tell.

[mavskidd02]

No middling is another story for another day..

Middling can be good only prior to the game where you only have a 10 cent differential that can be lost. I have always been told dont middle a play at half when the original bet is in good shape because if it doesnt come through that yes you would have just thrown away the profit you would have made on the original one that was already looking like an easy winner. Hard to say there are always to points of view to both hedging and middling..

Yeah, I've heard a similar story like the one you were saying in your previous post, I thought maybe you were getting 'em mixed up. I think I'm going to hedge every opportunity I get from now on, plain and simple. Call me an idiot, but I'd rather sit, and watch a game, knowing I won money. This is how mine broke down.

Option A:
Win 5 units or lose 0 units

Option B: Win 6.2 units or lose 1 unit.

I chose option A, won less money, but was able to sit through the game without a few heart attacks and TV punchings