Hedging Help

Mikeyboi92178 · Oct 22, 2009

Hi Guys,

If anyone cares to give me some opinion I made a wager a while back and need to Yankees to win the WS as the final leg of my parlay, it will pay about 4G, assuming they make it to the World Series you all think I should hedge or ride it out, my gf and friends all think I just let it ride since I wagered just 100 dollars but I hate to leave with nothing if they lose to the Phils... but at the same time I had hedge in the past and in most cases it was not needed and it left me with a sour taste since I gave back some of my profit... any help or sugg be nice thanks.

Prof.Hinsley · Oct 22, 2009

See what the odds for Phillies to win series and bet enough to make 1000. Worst case scenario you make a G? No doubt that's what I would do. Then again, if your girlfriend says to let it ride, it may be wise to listen...

PokertoSportsbettor · Oct 22, 2009

the way the sillies are playing i agree with prof and hedge. maybe even wait to see who wins game1 and then you might get a better line if the yanks take it - 1G or 3.3 G is better then nothing - BOL

mpacman · Oct 22, 2009

dont be surprised if the Phil will surprised you, i would go w/ the sure money and hedge it to win atleast 1g. Its a win win for you and being greedy sometimes would put you into hole. I see that phill is +160 and tossing some nickles is not a bad idea for a profit. GL to you

Mikeyboi92178 · Oct 22, 2009

Thanks

Hey guys this is great keep it coming, I might sound greedy but in the past I have hedged only to see it done for no reason, as of now I see Phily for 160 do u guys think it will go up once Yankees officially are in the WS, I think it will this is tough... does not help I am also greedy lol...

Mikeyboi92178 · Oct 28, 2009

Anymore input? I am really unsure what to do... greed is telling me to ride it but it would suck to lose everything...

oldmanTED · Oct 28, 2009

Either put the exact amount necessary on the Phillies to win such that you make the same profit no matter which team wins or if you want a rooting interest on one team or the other, make an unbalanced wager so that you win more on the team (lets say the Yankees) if they win and less on the Phillies. Either way, bet enough to hedge and make a profit no matter which team wins. As you said, if greed is getting to you, then you're just gambling and hoping for the best when you have the sure profit right in front of you.

HTFDC102 · Oct 28, 2009

Throw a little on philly before the start of the series, see how the first few games go and then you can get a feel for which way your bet is going and begin to make up some more money by betting on the remaining games.

Brotherwo · Oct 28, 2009

put something small on phills now and then add to it if they lose game 1 and 2

jordan17 · Oct 28, 2009

put $500 or $1000 on phillies series...:toast:

Mikeyboi92178 · Oct 28, 2009

Thanks guys I am thinking of probably signing with a book that offers a Bonus Play then use the dep plus Bonus Play and bet on the Phils... hope more feedback comes in I guess I just need some sugg to help me decide since I am so unsure I did bet this with the thought of hedging why change now right

JTrotter · Oct 28, 2009

Let it ride!

Mikeyboi92178 · Oct 28, 2009

I want to wait til after game one to do it but Phily had to put \Lee in there which fears me, what price for the series u think it will be with Yanks losing game 1?

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