Posted:
#301
Quote Originally Posted by twodigitz:
AJ and anyone else who reads this thread,
i have a 5 teamer and the 1st 4 hit, leaving me with the yankees ml later this afternoon.
its small, 15 bucks to win a little over 418 bucks, i also have a $25 bet already on yankees, so my question is.....
SHOULD I HEDGE??
thanks for the input, and thanks always for your picks!
AJ and anyone else who reads this thread,
i have a 5 teamer and the 1st 4 hit, leaving me with the yankees ml later this afternoon.
its small, 15 bucks to win a little over 418 bucks, i also have a $25 bet already on yankees, so my question is.....
SHOULD I HEDGE??
thanks for the input, and thanks always for your picks!
I would definitely hedge since your bets are small ($40) relative to what you could win (approx $445). You could hedge a couple ways. If you still like the Yanks a lot, bet, for example, $200 to win $170 on Boston (-118). If Boston wins you win $130 ($170-$40). If the Yanks win, you win $245 ($445-$200).
Or if you want a close-to-perfect hedge, the amount to bet on Boston would be around $260. If Boston wins, you win $180 ($220-$40). If the Yankees win, you win $185 ($445-$260).
Remember, you will never go broke with a guaranteed winning bet, which is what you are potentially sitting on.
Please let us know what you do and GL!!!
0
Thanks AJ!
nice avatar
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