I never have hedged before for two reasons: I don't usually play prop bets or parlays and if I do, I feel like I would kick myself for taking $$ away if I win. It's what gambling is all about, right?
Well, different story now. At the beginning of the season I put a dollar on each of the following bets:
1U Rangers over 84.5 wins -120 (win)
1U Rangers to win the west 2/1 odds (win)
1U Rangers to win ALCS 13/1 odds (win)
1U Rangers to win the World Series 25/1 odds (pending)
As you can see, I stand to win a nice amount if Texas wins the WS. However, I can hedge and secure a nice, but not quite as nice, amount.
I've already made a killing off of these bets, but I can make much more. Nobody knows who will represent the NL yet, but both teams are tight (of course). Hedge or let it ride???
Curious to hear the forum's response
Hookem
Well, different story now. At the beginning of the season I put a dollar on each of the following bets:
1U Rangers over 84.5 wins -120 (win)
1U Rangers to win the west 2/1 odds (win)
1U Rangers to win ALCS 13/1 odds (win)
1U Rangers to win the World Series 25/1 odds (pending)
As you can see, I stand to win a nice amount if Texas wins the WS. However, I can hedge and secure a nice, but not quite as nice, amount.
I've already made a killing off of these bets, but I can make much more. Nobody knows who will represent the NL yet, but both teams are tight (of course). Hedge or let it ride???
Curious to hear the forum's response
Hookem