How do I hedge this

Question

Have Pitt moneyline last team in a parlay pays out 858, thinking take pitt and buy up to &#x2B;8 , what do you guys think ?

Carcosa · Answer

Have Pitt moneyline last team in a parlay pays out 858, thinking take pitt and buy up to &#x2B;8 , what do you guys think ?

shrewdie · Answer

Why did u put them in the bet if u want to buy out?

JEG53 · Answer

There is really no way to hedge it,wait until half-time and you might be able to do something there,taking Denver on m/l in huge juice,no value.GL on it.

unirobber · Answer

You&#x27;re always better off to put the Favorite ML on the last leg of your parlay and take the Dog &#x2B;points if you are hedging.

wildcat95 · Answer

Exactly...now to hedge you will need to lay -300.  Better to have put Broncos ML as final leg.  Then you could hedge Pitt &#x2B;7.5 and try to middle.

melossinglet · Answer

or,more pertinently,why did you parlay teams that dont have overlapping start times??..you deliberately wasted money on juice

wildcat95 · Answer

gotta have a plan...

Carcosa · Answer

I have Pittsburgh &#x2B;8

Carcosa · Answer

I win

wildcat95 · Answer

Would have hit the middle

Mathwiz · Answer

Real gamblers don&#x27;t HEDGE ANYTHING, EVER. We make our wager, and ride with it. Why do that last team if all you&#x27;re going do is HEDGE it?

Humchucker · Answer

You are correct in that GAMBLERS don&#x27;t hedge...there are certainly appropriate times for hedging for intelligent bettors.I completely agree that if you are planning on hedging the last game of your parlay, just leave it off the ticket.  You pay juice twice to pick the opposite side where only one bet can win.  Leave it off, and you have already cashed a winning ticket, and can roll over winnings onto the original side you were going to pick in that last game if you are confident, or roll half your winnings over and essentially &#x27;hedge&#x27; (since you are guaranteeing yourself half your winnings) with no extra juice.  However, are you telling me that if you had a team to win the SB at 50-1 and they get there, that you wouldn&#x27;t hedge that bet?  Especially if your team is the favorite where you could bet the underdog ATS and potentially win both bets?  Any intelligent bettor would throw half down on the other side ATS to guarantee at least a 25-1 payout (since one of the two bets HAS to hit) with the potential for a 75-1 payout if both hit.

melossinglet · Answer

futures and long shot parlays are a bit of a different realm than standard parlays......as well as anything that cud pay a life-changing amount.but for your average 2-4 team parlay there shud never,ever be a need or opportunity to hedge.

Mathwiz · Answer

Yes, if something like should happen, then of course you would take the OTHER side. But these people always talk about hedging their PARLAY wager. GL to you dude. Finally someone with a mature and common sense post.

Ed-Collins · Answer

Two thumbs up to shrewdie, melossinglet, and Mathwiz.

How do I hedge this

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