• Forums
  • Best Betting Sites
  • Sportsbook Promos
  • Best Sports Betting Apps
  • NFL Betting Forum
  • NBA Betting Forum
  • MLB Betting Forum
  • NHL Betting Forum
  • NCAAF Betting Forum
  • NCAAB Betting Forum
  • Soccer Betting Forum
  • Tennis Betting Forum
  • General Discussion
  • Help Forum
  • Guidelines
  • FAQ
  • Forum Updates
    Covers Logo
    Covers App
    Faster picks. Smarter bets.
    All in the NEW Covers App
    Download on the App Store Download on the Google Play Store
    • Sports
      • NFL
        • Back
        • NFL
        • NFL Home
        • Scores & Matchups
        • Prop Projections
        • NFL Picks
        • Weather
        • Injuries
      • NCAAF
        • Back
        • NCAAF
        • NCAAF Home
        • Scores & Matchups
        • Prop Projections
        • NCAAF Picks
        • Weather
        • Injuries
      • NBA
        • Back
        • NBA
        • NBA Home
        • Scores & Matchups
        • Prop Projections
        • NBA Picks
        • Injuries
      • NCAAB
        • Back
        • NCAAB
        • NCAAB Home
        • Scores & Matchups
        • NCAAB Picks
        • Injuries
      • MLB
        • Back
        • MLB
        • MLB Home
        • Scores & Matchups
        • Prop Projections
        • MLB Picks
        • Weather
        • Injuries
      • NHL
        • Back
        • NHL
        • NHL Home
        • Scores & Matchups
        • Prop Projections
        • NHL Picks
        • Injuries
      • Soccer
      • UFC
      • WNBA
        • Back
        • WNBA
        • WNBA Home
        • Scores & Matchups
        • WNBA Picks
        • Injuries
      • CFL
        • Back
        • CFL
        • CFL Home
        • Scores & Matchups
        • CFL Picks
      • Golf
        • Back
        • Golf
        • Golf Home
        • Golf Odds
        • Masters Odds
        • PGA Championship Odds
        • US Open Odds
        • British Open Odds
        • Ryder Cup Odds
        • Golf Picks
    • Odds
      • All Odds
      • NFL
      • NCAAF
      • NBA
      • NCAAB
      • MLB
      • NHL
      • Golf
      • Soccer Odds
        • Back
        • Soccer Odds
        • MLS Odds
        • Champions League Odds
        • Premier League Odds
      • UFC
      • WNBA
      • CFL
      • Election Odds
      • Futures
        • Back
        • Futures
        • NFL
        • NBA
        • MLB
        • NHL
        • NCAAB
        • NCAAF
      • Sports Odds History
    • Picks
      • All Picks
      • NFL
      • NBA
      • NHL
      • MLB
      • NCAAF
      • NCAAB
      • Golf
      • WNBA
      • CFL
      • User Picks
      • Team User Picks
      • Consensus Picks
        • Back
        • Consensus Picks
        • All Consensus Picks
        • NFL
        • NBA
        • NHL
        • MLB
        • NCAAF
        • NCAAB
        • CFL
        • WNBA
        • Consensus FAQ
        • Public Money
    • Prop Projections
      • NFL
      • NBA
      • MLB
      • NHL
    • Betting
      • US Betting Sites
      • Canada Betting Sites
      • Sportsbook Reviews
      • States
        • Back
        • States
        • US Legal Tracker
        • Revenue Tracker
        • Arizona
        • Arkansas
        • California
        • Colorado
        • Connecticut
        • DC
        • Florida
        • Georgia
        • Illinois
        • Indiana
        • Iowa
        • Kansas
        • Kentucky
        • Louisiana
        • Maine
        • Maryland
        • Massachusetts
        • Michigan
        • Mississippi
        • Missouri
        • Nevada
        • New Hampshire
        • New Jersey
        • New York
        • North Carolina
        • Ohio
        • Oregon
        • Pennsylvania
        • Tennessee
        • Texas
        • Vermont
        • Virginia
        • West Virginia
        • Wyoming
      • Provinces
        • Back
        • Provinces
        • Alberta
        • British Columbia
        • Manitoba
        • New Brunswick
        • Newfoundland and Labrador
        • Northwest Territories
        • Nova Scotia
        • Nunavut
        • Ontario
        • Prince Edward Island
        • Quebec (English)
        • Quebec (francais)
        • Saskatchewan
        • Yukon
      • By Sport
        • Back
        • By Sport
        • Baseball
        • Basketball
        • Boxing
        • College Football
        • F1
        • Football
        • Super Bowl
        • Golf
        • Hockey
        • Horse Racing
        • March Madness
        • Soccer
        • UFC
        • World Cup
      • Betting Apps
        • Back
        • Betting Apps
        • Best Sports Betting Apps USA
        • Ontario Sports Betting Apps
      • Rest of World
        • Back
        • Rest of World
        • UK Betting Offers
          • Back
          • UK Betting Offers
          • UK Betting Sites
          • bet365 Bonus Code UK
          • 888Sport Promo Code UK
          • William Hill Sign up Offer
          • Betway Sign up Offer
          • BetVictor Bonus Code UK
      • Betting Guides
        • Back
        • Betting Guides
        • All Guides
        • Glossary
        • Betting Calculators
          • Back
          • Betting Calculators
          • Odds Converter
          • Parlay Calculator
        • Futures Betting Guide
        • Moneyline Betting Guide
        • Over/Under Betting Guide
        • Parlay Betting Guide
        • Point Spread Betting Guide
        • Prop Betting Guide
        • Sports Betting Guides
          • Back
          • Sports Betting Guides
          • How To Bet On Sports Guide
          • NFL Betting Guide
          • NHL Betting Guide
          • NBA Betting Guide
          • MLB Betting Guide
          • NCAAB Betting Guide
          • NCAAF Betting Guide
          • Golf Betting Guide
          • Tennis Betting Guide
        • Teaser Betting Guide
      • Betting News
        • Back
        • Betting News
        • All News
        • Industry News
        • Podcasts
        • Covers Videos
        • Covers Writers
        • Offers & Boosts
    • Promos
      • Sportsbook Promos
      • Canada Sportsbook Promos
      • Bonuses By Sportsbook
        • Back
        • Bonuses By Sportsbook
        • bet365 Bonus Code
        • BET99 Promo Code
        • BetMGM Bonus Code
        • BetRivers Bonus Code
        • Caesars Sportsbook Promo
        • DraftKings Promo Code
        • Fanatics Sportsbook Promo
        • FanDuel Promo Code
        • Hard Rock Bet Promo Code
        • Sports Interaction Promo
        • Stake Promo Code
        • theScore Bet Promo Code
        • TonyBet Promo Code
      • Bonuses By Region
        • Back
        • Bonuses By Region
        • Arkansas Promos
        • Arizona Promos
        • Colorado Promos
        • Connecticut Promos
        • DC Promos
        • Illinois Promos
        • Indiana Promos
        • Iowa Promos
        • Kansas Promos
        • Kentucky Promos
        • Louisiana Promos
        • Maine Promos
        • Maryland Promos
        • Massachusetts Promos
        • Michigan Promos
        • Missouri Promos
        • New Jersey Promos
        • New York Promos
        • North Carolina Promos
        • Ohio Promos
        • Pennsylvania Promos
        • Tennessee Promos
        • Vermont Promos
        • Virginia Promos
        • West Virginia Promos
        • Wyoming Promos
    • Forum & Contests
      • All Forums
      • NFL Betting Forum
      • MLB Betting Forum
      • NCAAB Betting Forum
      • NCAAF Betting Forum
      • NBA Betting Forum
      • NHL Betting Forum
      • Soccer Betting Forum
      • Contests
        • Back
        • Contests
        • Contests Home
        • Streak Survivor
        • King of Covers
        • My Contests
    • Casino
      • Sweepstakes Casino
        • Back
        • Sweepstakes Casino
        • Sweepstakes Casino
        • Sweepstakes No-Deposit Bonuses
        • Sweepstakes Promos
          • Back
          • Sweepstakes Promos
          • Card Crush
          • Casino.click
          • Chanced Casino
          • Crown Coins Casino
          • FreeSpin Casino
          • LoneStar
          • McLuck
          • Mega Bonanza Casino
          • PlayFame
          • Pulsz
          • Stake.us
      • US Casinos
        • Back
        • US Casinos
        • US Online Casinos
        • US Online Casino Bonuses
        • Casino Promos
          • Back
          • Casino Promos
          • bet365 Casino Promo Code
          • BetRivers Casino Promo
          • Borgata Casino Bonus Code
          • Caesars Casino Bonus Code
          • DraftKings Casino Promo
          • Fanatics Casino Promo
          • FanDuel Casino Promo Code
          • Golden Nugget Casino Promo
          • Hard Rock Bet Casino Promo
          • Hollywood Casino Promo Code
      • Canada Casinos
        • Back
        • Canada Casinos
        • Canada Online Casinos
        • Provinces
          • Back
          • Provinces
          • Alberta Online Casino
          • BC Online Casino
          • Ontario Online Casinos
        • Casino Promos
          • Back
          • Casino Promos
          • BC.GAME Bonus Code
          • Cloudbet Promo Code
          • RainBet Promo Code
          • Roobet Promo Code
          • Shuffle Promo Code
          • Thrill Promo Code
    • Prediction Markets
      • Prediction Markets
      • Prediction Market Apps
      • Prediction Market Promos
      • Kalshi Promo Code
      • Kalshi Referral Code
      • Polymarket Promo Code
      • Polymarket Referral Code
      • DraftKings Predictions Promo Code
      • Novig Promo Code
      • ProphetX Promo Code
      • Underdog Promo Code
      • Betr Promo Code
      • OG Promo Code
      • Fanatics Markets Promo Code
      • Plus500 Promo Code
      • Gemini Predictions Promo Code
    • NFL Week 3
      NFL Week 3
      • NFL Odds
      • NFL Picks
      • NFL Prediction Markets
      • NFL Betting Sites
    Covers Account
    Log in Create account
    Join free Log in
    All Forums | NFL Betting Forum

    How do I hedge out of these?

    Ihatebengals
    Ppkay
    vanzack
    lordbettington
    Participants:
    Search
    Views: 300
    Posts: 5
     
    Ihatebengals
    Ihatebengals
    Prospect
    Participation Meter
    Joined: Sep, 2016
    Posts: 31
    Posted: Jan. 10, 2024 - 5:51 PM ET #1

    Have numerous tickets similar to the attached. Do I just bet against them each game… I made them each consistent picking Purdue so I can have a plan but now not sure what the plan should be. Ha ha. 

    Total Touchdown Passes Thrown by the Player: Huntley, Tyler - Over 0.5 @+135

    PIT Steelers @ BAL Ravens

    Total Touchdown Passes Thrown by the Player: Rudolph, Mason - Over 0.5 @ +135

    PIT Steelers @ BAL Ravens

    Moneyline: HOU Texans @ -121

    HOU Texans @ IND Colts

    Moneyline: TB Buccaneers @ -230

    TB Buccaneers @ CAR Panthers

    Moneyline: NO Saints @ -177

    ATL Falcons @ NO Saints

    Moneyline: GB Packers @ -157

    CHI Bears @ GB Packers

    Total Points by Washington: Under 25.5 @ -117

    Washington vs Michigan

    Championship Winner: Purdue (Winner) @ +900

    NCAAB Championship 2023/24

    Odds: +29558

    Wager: $20.00

    Pot. Payout: $5931.55

    Reply
    To remove first post, remove entire topic.

    Have numerous tickets similar to the attached. Do I just bet against them each game… I made them each consistent picking Purdue so I can have a plan but now not sure what the plan should be. Ha ha. 

    Total Touchdown Passes Thrown by the Player: Huntley, Tyler - Over 0.5 @+135

    PIT Steelers @ BAL Ravens

    Total Touchdown Passes Thrown by the Player: Rudolph, Mason - Over 0.5 @ +135

    PIT Steelers @ BAL Ravens

    Moneyline: HOU Texans @ -121

    HOU Texans @ IND Colts

    Moneyline: TB Buccaneers @ -230

    TB Buccaneers @ CAR Panthers

    Moneyline: NO Saints @ -177

    ATL Falcons @ NO Saints

    Moneyline: GB Packers @ -157

    CHI Bears @ GB Packers

    Total Points by Washington: Under 25.5 @ -117

    Washington vs Michigan

    Championship Winner: Purdue (Winner) @ +900

    NCAAB Championship 2023/24

    Odds: +29558

    Wager: $20.00

    Pot. Payout: $5931.55

     
    Ppkay
    Ppkay
    Veteran
    Participation Meter
    Joined: Jan, 2022
    Posts: 2968
    Posted: Jan. 10, 2024 - 5:58 PM ET #2

    You dont. Hedging requires you to have only two outcomes!

    Reply

    You dont. Hedging requires you to have only two outcomes!

     
    vanzack
    vanzack
    Legend
    Participation Meter
    Joined: Nov, 2001
    Posts: 60107
    Posted: Jan. 10, 2024 - 5:59 PM ET #3

    This is the classic "mistakes were made" post. I usually ignore these hedging posts, but your ticket struck me unusually. Why would you tie in a season long bet on Purdue basketball with games that were ending last weekend?

    You wouldn't be in the problem you were in if you just left Purdue off, collected your money, and then you can decide whatever you wanted to put on Purdue.

    I know you were looking for advice in your current situation, but I have no help.

    Support your local animal shelter. I am on twitter.
    Reply

    This is the classic "mistakes were made" post. I usually ignore these hedging posts, but your ticket struck me unusually. Why would you tie in a season long bet on Purdue basketball with games that were ending last weekend?

    You wouldn't be in the problem you were in if you just left Purdue off, collected your money, and then you can decide whatever you wanted to put on Purdue.

    I know you were looking for advice in your current situation, but I have no help.

     
    lordbettington
    lordbettington
    Veteran
    Participation Meter
    Joined: May, 2015
    Posts: 3700
    Posted: Jan. 10, 2024 - 6:57 PM ET #4

    when the tourney begins you can bet against purdue each game guarranting a profit if they lose.  Or at some point in the tourney you can put money on other teams as a hedge.

    Also if you like playing these parlays and have other teams that you think could win the tourney put said team at end of parlay.  You have a few months, if you hit any then you will have multiple teams that could generate a big win.

    If you didn't you should always play the parlay with games from that week, then play a smaller one with the future in it.  That way if you get all the early games right you already won something and have a pending investment in the final bet.  I've done this myself many times, most recently with mlb hr props parlayed with det lions nfc north futures.  Was able to get a good payout, as high as 125-1 after lions won the north as I didn't want to tie up a big bet on a season long +150 future all the small bets on parlays added up to a nice win without having to lay out a ton of cash.

     

    Reply

    when the tourney begins you can bet against purdue each game guarranting a profit if they lose.  Or at some point in the tourney you can put money on other teams as a hedge.

    Also if you like playing these parlays and have other teams that you think could win the tourney put said team at end of parlay.  You have a few months, if you hit any then you will have multiple teams that could generate a big win.

    If you didn't you should always play the parlay with games from that week, then play a smaller one with the future in it.  That way if you get all the early games right you already won something and have a pending investment in the final bet.  I've done this myself many times, most recently with mlb hr props parlayed with det lions nfc north futures.  Was able to get a good payout, as high as 125-1 after lions won the north as I didn't want to tie up a big bet on a season long +150 future all the small bets on parlays added up to a nice win without having to lay out a ton of cash.

     

     
     
    Ihatebengals
    Ihatebengals
    Prospect
    Participation Meter
    Joined: Sep, 2016
    Posts: 31
    Posted: Jan. 10, 2024 - 10:18 PM ET #5

    @lordbettington

     That’s exactly what I did. I took a portion of each week’s profits and made some crazy high odds parlays. Those are now down to the last play. 
    Van is correct in what he said about not doing this but I made my money and wanted to take some long shots. We will see how it plays out. 

    Reply

    @lordbettington

     That’s exactly what I did. I took a portion of each week’s profits and made some crazy high odds parlays. Those are now down to the last play. 
    Van is correct in what he said about not doing this but I made my money and wanted to take some long shots. We will see how it plays out. 

    All Forums | NFL Betting Forum

    Hot Forums IconHot Forum Topics

    • 🤢🥴💩_ Fubah's risky baseball bets _🥶😲🥵 450,495
    • 🏈🏈🏈 Fubah2's risky CFB bets 265,142
    • Rams vs Broncos in game live SNF 2,722
    • Sunday 09/27/2026 504
    • NFL LOCKED IN! 101,990
    • HELP PLEASE 1,587
    • PART DEUX 222
    • Mike Trout Strikeouts 7,137
    • King of Covers Winner List 12,241
    • Sunday 3,128

    Warning - External Link

    Report User

    Thank you for reporting
    This content is abusive or harmful
    This post is spam
    An error has occurred
    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

    Delete Post

    Are you sure you would like to remove this post?

    Remove Thread

    Are you sure you would like to remove this thread?

    Scan Results

    Login/Register

    Happy to have you join the conversation. To do so, please login or create an account.
    Accounts are free and easy to create.

    Search


    Loading…

    Loading…

    About Us
    Contact Us
    Careers
    Our Team
    Brand
    Testimonials
    Betting Guides
    Sportsbook Reviews
    Betting News
    Podcasts
    Responsible Gambling
    Betting Sites
    US Betting Sites
    Canada Betting Sites
    Canada Casinos
    Best Betting Apps
    Contests
    Streak Survivor
    King of Covers
    Ultimate Race
    Office Pools
    The Covers community has
    810,221
    lifetime members worldwide
    Join our community today
    Covers 30 Years Logo Established in 1995,
    Covers is the world
    leader in sports
    betting information.
    21+
    Gambling problem? Call 1-800-GAMBLER
    Help Privacy Terms of Service Cookies Sitemap Forum
    YouTube logo
    Facebook logo
    Twitter logo
    Instagram logo
    LinkedIn logo
    Google News logo
    Covers is verified safe by:
    Evalon Logo Logo GPWA Logo GDPR logo Logo GeoTrust logo Logo PCI DSS logo Logo
    Copyright © 1995 - 2026 Genius Sports. All Rights Reserved.
    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.