Help: How do I properly hedge my SF +125 Series Bet?

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Hey All,

I am not a professional capper. More an occasional sports enthusiast. I need professional advice on the following.

I put $400 down on SF to win the Series at +125. They are now obviously up 2-0.

Tex on the series is now +275. What is the most responsible way to hedge this? If I put $500 on TEX to win the series, I either break even or make $1350... is this the way? Or middle ground?

Or do nothing at all and take my $500 should SF win and risk it if they lose?

Thanks in advance for the wise words!
 

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I wouldnt do crap. SF going to win this series. You make a good bet (what looks like a good one right now anyway) and cancel it out by betting the team that is getting their butts kicked. No way. Not to mention you wouldnt make 1350, If Texas comes back to win you would need to count the $400 you would lose on SF series bet.

If anything you could bet about $145 on Texas to get your $400 back if Texas comes back to win, but that is very unlikely at this point. Anything can happen but you are betting against yourself. Hedging should really come down to a game 7 situation that you dont feel great about, or in the case you can garauntee yourself money.

Hope this helps. I'm no expert either this is just my opinion.
 

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Handicapper
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You don't do anything sit back and wait for the Giants to win 2 more games and cash your ticket.
 

Bulldog Mentality
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You can wait til SF has 3 wins then play TX for a little the next game and you either cash your TX game ticket or your SF series ticket
 

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i would put $145 on texas to win the series, this way you either break even or win $355. don't listen to people when they say don't hedge, because the one time you don't...it bites you in the ass
 
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i would put $145 on texas to win the series, this way you either break even or win $355. don't listen to people when they say don't hedge, because the one time you don't...it bites you in the ass

friends with Kayve, it already fucked him this post season when he didn't hedge NYY\Texas.
 
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Anyone who says you shouldn't hedge when you figure out a way to automatically make money doesn't understand how investing (or gambling) works. When you have the opportunity to make money regardless of what happens, you take it, every single time.

If I told you there's a 60-70% chance I'll give you $50, but a 100% chance I'd give you $30.... which option would you take?
 

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Anyone who says you shouldn't hedge when you figure out a way to automatically make money doesn't understand how investing (or gambling) works. When you have the opportunity to make money regardless of what happens, you take it, every single time.

If I told you there's a 60-70% chance I'll give you $50, but a 100% chance I'd give you $30.... which option would you take?

I hope he didnt hedge, he wold be pissing money away. I am a hedger, but it would be stupid in this case.
.
 

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friends with Kayve, it already fucked him this post season when he didn't hedge NYY\Texas.

Ahh what a sweet heart like I needed reminding! lol
 

Bulldog Mentality
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He could play a 3 team open parley and take TX tonight @ - 170 if they win play TX again Tues @ about -105, and if they win finish it off with TX at about -105. He would have to lay about $80 to cover his original $400.

If he wants a payoff if TX comes back just adjust the parley bet (i.e. $150 would pay about $750 or net $350) so either way it goes he wins about $350
 

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I hope he didnt hedge, he wold be pissing money away. I am a hedger, but it would be stupid in this case.
.

SF up 2-0 with the next three games in TEX was a SMART time to hedge. Not stupid. And I did hedge, and I am happy about it. I guaranteed myself to break even, or make $350. Prior, I was risking $400 to win $500. My Risk/Reward values skyrocketed. It also let me start betting the individual games, which I hit both of (TEX Game 3 and SF game 4).
 

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SF up 2-0 with the next three games in TEX was a SMART time to hedge. Not stupid. And I did hedge, and I am happy about it. I guaranteed myself to break even, or make $350. Prior, I was risking $400 to win $500. My Risk/Reward values skyrocketed. It also let me start betting the individual games, which I hit both of (TEX Game 3 and SF game 4).

I'm totally confused by this post. you bet a team down 0-2 in a race to 4 just to break even?? You were in a great spot to make $500 and now you will break even. Thats a fucking head scratcher :think2: and you call it "SMART" and say you are happy you did it. WHAT??

I was trying to be nice to answer your request for advice by trying to convince you not to piss money away, then you did it anyway, and you shit on my post. way to go...
 

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I think you are confused with what I wrote.

I had $400 on SF to win $500. Then they won 2 games.

I put $150 to win $400 on TEX at that point.

That guaranteed me either :

1) Breakeven if TEX wins world series
2) Make $350 if SF wins.
 

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Anyone who says you shouldn't hedge when you figure out a way to automatically make money doesn't understand how investing (or gambling) works. When you have the opportunity to make money regardless of what happens, you take it, every single time.

If I told you there's a 60-70% chance I'll give you $50, but a 100% chance I'd give you $30.... which option would you take?

Oh, I'm sorry, I had thought gambling (or investing) was about attempting to maximize ROI, my apologies, carry on.
 

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I think you are confused with what I wrote.

I had $400 on SF to win $500. Then they won 2 games.

I put $150 to win $400 on TEX at that point.

That guaranteed me either :

1) Breakeven if TEX wins world series
2) Make $350 if SF wins.

I did miss understand that, thought you hedged the other way laying $500 on Texas.
Either way you lowered your payout. .......GL
 

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Oh, I'm sorry, I had thought gambling (or investing) was about attempting to maximize ROI, my apologies, carry on.

You do understand your ROI goes negative when you lose right? Maximum ROI on long run comes from reduced risk at increased odds.
 

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I did miss understand that, thought you hedged the other way laying $500 on Texas.
Either way you lowered your payout. .......GL

No worries buddy ... go Red sox :p
 

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