I have a futures bet for Clemson to win it all for $150 at 6.65 to 1. The line on the game is Alabama -6 and M/L -245. I don't see a neat and easy way to hedge this bet because the spread and money line are so high. If I wanted to hedge half of my futures bet on the spread I would have to get lucky that Alabama wins by more than 6 or I get the double whammy. If I try to hedge via the money line it just seems too expensive to do so at -245. Any suggestions or do I just ride this out and hope Clemson wins outright? Thanks.
