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Future Miami National Champion: Hedge Question

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Views: 468
Posts: 8
 
Prospect
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Joined: Jan, 2008
Posts: 216
Posted: #1

Hoping some folks can help me out here. I have a futures bet on Miami to win the Championship that would pay $3,500. What is the strategy, if any, on hedging something in the semifinal game? The problem is UCONN is -250 money line. Is it stupid to even consider a hedge for the semifinals?

 

Thanks

 
Veteran
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Joined: Apr, 2018
Posts: 4752
Posted: #2

I would just let it ride at least until the championship game. Unless you need cash very badly

 
MVP
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Joined: Sep, 2016
Posts: 15102
Posted: #3

I have a SDSU ticket (+7000) that I'm not doing any hedging on unless they make it to the championship...........too many variables in the games to try to hedge prior to the championship.........also, you probably bet that many months ago as a "lotto ticket" anyway (as I view long-term futures as those "extra perks" in the accounts if they hit)......if you're that nervous, many online sportsbooks offer a cash-out option pre-game if you want some type of early return........good luck with your Miami bet.........peace_5

 
Rookie
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Joined: Dec, 2021
Posts: 990
Posted: #4

have a Miami future as well. I’m on Miami again today but will def try to middle the +5 to cover the futures ticket at least. Look for a live UConn, imo. 

 
Legend
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Joined: Jan, 2005
Posts: 40433
Posted: #5

I have miami 40-1 and uconn 30-1 left- had 10 futures.

Miami won me my bracket pool- had them in final 4.

If miami covers or wins, I'll win another pool.

I'll likely put something on uconn 

 
Prospect
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Joined: Jan, 2008
Posts: 216
Posted: #6

Appreciate all the responses....all well thought out. I'm just going to let it ride in the semis and see what happens. Miami won me a very good money bracket pool....so they at least got me something up to this point. 

 

Thanks

 

 

 
Veteran
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Joined: Mar, 2010
Posts: 3228
Posted: #7

Uconn -5 tonight, ur miami ticket right herean_burn_money

 
 
Veteran
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Joined: May, 2017
Posts: 4812
Posted: #8

UCONN future to win the natty?

Play the game. Don’t let the game play you.
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