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Is this worth a hedge?

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Posts: 6
 
Prospect
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Joined: Aug, 2013
Posts: 451
Posted: #1
I have about 15$ on Texas Tech to win the tourney paying out 1160$ roughly, is it worth me hedging out tomorrow with Nova ml or would it only make sense to hedge if Tech were able to get past Nova?
 
Prospect
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Posted: #2

You have 15 to win 1160 on TT to win tournament? I would put 50 on Nova ML to win 15. Nova wins you break even. If TT win you stil have 15 to win 1110 with 2 games left. That’s to make sure you break even. If you don’t like the matchup and think Nova wins outright then you could bet more like 300-500 on nova to make sure you profit. Just my opinion 

 
Prospect
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Posted: #3
Yeah I had got them at +7500, 6700 and 5000 earlier in the season. I don't care so much about getting the 15 back as it's not too big of a deal but just wondering if there is an optimum way to maximize profits at this stage or its worth waiting out to see if they make F4
 
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Posted: #4
I don't think 600 would make sense from a math perspective because if tech were to win that game I'm now invested 615$ with the potential for 1160 but still needing them to win as a dog against Duke or Kansas and then beat the winner of Loyola/Mich. Just to cover my 615 lost Invested I would have to lay a huge ml on their Duke/Kansas game. That approach is too risky for my liking
 
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Posted: #5
I don't think 600 would make sense from a math perspective because if tech were to win that game I'm now invested 615$ with the potential for 1160 but still needing them to win as a dog against Duke or Kansas and then beat the winner of Loyola/Mich. Just to cover my 615 lost Invested I would have to lay a huge ml on their Duke/Kansas game. That approach is too risky for my liking
 
 
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Posted: #6
You're in a tough spot because of how big of dogs they are. I don't think they beat Nova tomorrow. They are too talented, deep and battle tested. Personally I would put a nice bet on Nova to make sure that I gain some profits but that's just me. Otherwise I'd hope for the best and wait until next round
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