Opinion Needed

[weazel079]

Question, I placed a World Series bet before the playoffs started on the Astros. Risked 2 units to win 16.5. You guys think I should put 10 units on the White Sox to win the World Series at -125. If I do this I'm guaranteed to make 6 or 6.5 units of profit. Should i roll the dice or take the sure thing?

Thanks

[ULikeApples]

It all depends want you want to get out of gambling in generaly. If you want to take the gaurenteed money, so for it. If you like the thrill of the gamble, let it ride. Also, depends what the exact amount of money means to your life and you gambling bankroll.

[savage1]

I can answer the question indirectly.
At the beginning of thes season I bet $100 on the White Sox ar 22-1(I have mentioned this before).
Now I can either let it all ride and try to win $2200 or hedge.
Well, inasmuch as I think the Astros have a great chance to win, I am going to bet $1100 on them and take the sure profit, which will be around $1100. Also, this year I can simply watch and enjoy the games without worrying who wins.
Hope my answer hopes.

[Hoosier Daddy]

Worst case, at least bet a little bit on the White Sox, so you're going to win something.

[weazel079]

For me I can't really pick a side. But I would give a slight edge to the White Sox. I'm leaning to taking the sure money. I'll make my final decision when I wake up in the morning after a good night sleep.

Thanks for your input.

[BigWeiner]

I say hedge your bet and take your winnings.

[MNCapper]

I think you have the right idea hedging your bet and put 10 units on the White Soxs. Guaranteed either 6 or 6.5 units is a very good day. I always treat my betting like being a trader, don't leave guaranteed money as risk, would suck to have nothing. Nice hit either way!

[keawe]

Hedge it!! If you wait till the last game where Chic. can close it out, I don't think the price will be -125. This way like Savage said, you can sit back and enjoy the series and know that whatever happens, your going to cash!!!!!!
Whatever you do is up to you, and after you make that decision, don't look back and say I should've......
Goodluck and congrats, I wish I had this problem!!!!

[savage1]

Hedge it!! If you wait till the last game where Chic. can close it out, I don't think the price will be -125. This way like Savage said, you can sit back and enjoy the series and know that whatever happens, your going to cash!!!!!!
Whatever you do is up to you, and after you make that decision, don't look back and say I should've......
Goodluck and congrats, I wish I had this problem!!!!

I know a person who in my position would not hedge at all;in fact, if he had the White Sox at 22-1 to win it all and liked them, would bet even MORE at -125 to win the series;I am not kidding you!!

[keawe]

I also know some guys who would do the same. It's just something I'd rather not do. Damm I still wish I had this problem!!!!!.....well off to work I go! Have a nice day gang!!!

[frankb03]

I love these threads. I like giving my opinion.

Big Mike, Have the breakfast buffet at the Horseshoe Casino