ok, then what is this called and is it safe: if u live bet at wsex you coulda got the pistons -8.5 for 30 dollars a share. and then take chicago +6 for the second half, which looks like its gonna cover. so say i buy 2 shares of the pistons spending 60 total, if that wins i would win 140. take the 140 and subtract the 100 lost on the bulls and i get a plus 40. same thing if the bulls cover, i win 100 and subtract the 60 i would have lost for a gain of +40. what kind of bet is that called and with live betting, is it safe? i realize the number will fall in the middle from time to time but thats why im asking when you factor in the live betting, is this a bad thing long term?
Forget all the shares crap.
Line was 7.5 for the game and you had Detroit.
Then at halftime the line was -6 Detroit.
Bulls were leading by two at the half.
If you take the bulls at the half not a smart bet in my opinion. If Detroit comes back and outscores em by 7-9 you lose both bets. That can and will happen.
What you want to do is this.
Take Detroit -7.5
they are up 10 at the half.
Line is pick for the 2nd half
you take Chicago.
Chicago outscores em by 2 in the 2nd half and you win both bets.
If detroit outscores em by 5 in the 2nd half you then get lose halftime bet but did hedge a little in case the Bulls outscored em which did NOT happen in this example but at least you hedge in case.
You want to WIN both bets vs losing both bets. Or hedge. Lets say game bet is for 100 bucks then you take halftime for 50 to hedge.
GREAT EXAMPLE. The QB's went down and little scoring in first half brought a very low halftime number. You can make the case that with under 40/40.5 you are pretty safe and just stick with it but it almost lost because anything can and will happen. Take the over at the half and hedge your loss and hope for a middle with a huge chance for a middle.
Another example of complicating things, just look at hedging as another bet and consider it on its own merits. You have to be aware of how much vig your paying on all bets not just hedging and another situation not mentioned much on here is having the nerve to pull the plug on a losing bet if the price is right, I do that more than hedging. :drink:
