Ok here’s the situation. My book offers these futures:
alabama wins the NC +185
the field -215
Clemson wins NC +280
the field -330
Georgia wins NC +385
the field -405
okla wins NC +350
the field -420
my question is should I lay 500 on both Clemson and Bama then hedge it in the NC cuz they prolly gonna be favored. I’m thinking if I lay 500 on both and Bama wins I’ll be down 5(from clemson bet) with +925 if Bama wins. So if I hedge with a ML bet on okla/Georgia I can hedge to make at least 200 right?
alabama wins the NC +185
the field -215
Clemson wins NC +280
the field -330
Georgia wins NC +385
the field -405
okla wins NC +350
the field -420
my question is should I lay 500 on both Clemson and Bama then hedge it in the NC cuz they prolly gonna be favored. I’m thinking if I lay 500 on both and Bama wins I’ll be down 5(from clemson bet) with +925 if Bama wins. So if I hedge with a ML bet on okla/Georgia I can hedge to make at least 200 right?