You really brought value by going 0-1 in this thread
CLEARLY obvious the OP is a straight up
CLEARLY obvious the OP is a straight up
@OneADayJ
Like I said, I will stay live on games I post from here on out. I am shocked I would have to tell someone to hedge something when the odds on the other side are over 20-1.
@OneADayJ
Like I said, I will stay live on games I post from here on out. I am shocked I would have to tell someone to hedge something when the odds on the other side are over 20-1.
@RealExpert
Tv break so a second to explain the math. My original was ~4-1. Opposite side for to 20-1. I only have to put 20% of my original bet on the 20-1 to recoup my initial bet. Why not put 50% of my original bet amount at 20-1 on the other side.
$100 at 4-1 pays $400
$50 at 20-1 pays $1,000
if 4-1 wins I win $350
if 20-1 wins I win $900
@RealExpert
Tv break so a second to explain the math. My original was ~4-1. Opposite side for to 20-1. I only have to put 20% of my original bet on the 20-1 to recoup my initial bet. Why not put 50% of my original bet amount at 20-1 on the other side.
$100 at 4-1 pays $400
$50 at 20-1 pays $1,000
if 4-1 wins I win $350
if 20-1 wins I win $900
it’s just math? The math is that you’re paying juice on both sides when you hedge. When it’s +2000 on Montana State it’s -5000 on on New Mexico. You think “math” supports pounding the +2000 as though the book is offering +ev there. I’m quite sure the math is against the hedge, it’s only justifiable if you can see something that the numbers and algorithms don’t capture.
Again, you might hedge to ensure some profit but why you’d bet enough on MS to make more than you’d make on New Mexico when the juice is higher (hence the huge spread between +2000 vs -5000) makes no sense from a mathematical perspective.
it’s just math? The math is that you’re paying juice on both sides when you hedge. When it’s +2000 on Montana State it’s -5000 on on New Mexico. You think “math” supports pounding the +2000 as though the book is offering +ev there. I’m quite sure the math is against the hedge, it’s only justifiable if you can see something that the numbers and algorithms don’t capture.
Again, you might hedge to ensure some profit but why you’d bet enough on MS to make more than you’d make on New Mexico when the juice is higher (hence the huge spread between +2000 vs -5000) makes no sense from a mathematical perspective.
I don't think anyone's disputing the hedge more the appearance of playing both sides to be right on the forum.
Neither your original post nor initial two defenses of your reasoning hinted at your live bet hedge strategy. Now that the bet lost you've abandoned what was a cheeky play that only needed to hit 20.62% to be profitable.
I stand by it being a good play and but for a classic underdog butthole pucker job it would've hit.
I don't think anyone's disputing the hedge more the appearance of playing both sides to be right on the forum.
Neither your original post nor initial two defenses of your reasoning hinted at your live bet hedge strategy. Now that the bet lost you've abandoned what was a cheeky play that only needed to hit 20.62% to be profitable.
I stand by it being a good play and but for a classic underdog butthole pucker job it would've hit.
@warrenator
Nope you win units and he lost units…you sat back and didn’t have to watch after the first quarter and collected your easy winnings….he thought he was going to look cool, then thought he was coasting to a win, then his butt puckered when things got tight, then he lost and tried to cover himself like all “cool” people do…you were the COOL one sitting pretty with a few units and only having to watch the game for 30 mins…niceeeeee!
@warrenator
Nope you win units and he lost units…you sat back and didn’t have to watch after the first quarter and collected your easy winnings….he thought he was going to look cool, then thought he was coasting to a win, then his butt puckered when things got tight, then he lost and tried to cover himself like all “cool” people do…you were the COOL one sitting pretty with a few units and only having to watch the game for 30 mins…niceeeeee!
If you choose to make use of any information on this website including online sports betting services from any websites that may be featured on this website, we strongly recommend that you carefully check your local laws before doing so.It is your sole responsibility to understand your local laws and observe them strictly.Covers does not provide any advice or guidance as to the legality of online sports betting or other online gambling activities within your jurisdiction and you are responsible for complying with laws that are applicable to you in your relevant locality.Covers disclaims all liability associated with your use of this website and use of any information contained on it.As a condition of using this website, you agree to hold the owner of this website harmless from any claims arising from your use of any services on any third party website that may be featured by Covers.