Hedging Help

Lucena

Registered User
Forum Member
Jul 19, 2002
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The 65th Square
I need some help as to maximize my profits.

I will be winning the following if the team wins the world series:

ana $5300
minn 2400

atl 3050
la 3000
hou 5400

I took these futures awhile back. I don't have stl, nyy, or bos ... the 3 favorites

right now I can take

nyy +300
bos +325
stl +375

How should I hedge my bets? ... or do I go for the bigger score.
 

FED

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Jun 25, 2002
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raleigh, NC
id say wait til the final series, hope you got one of those 5 teams, and then hedge your bet, i dont think there is a way for you to make money if you bet every team in the playoffs to win, especally those 3 favs, at +300, id wait IMO
 

Lucena

Registered User
Forum Member
Jul 19, 2002
2,574
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The 65th Square
good point, but ...

good point, but ...

I could take stl, bos, and nyy each for 600 or so.

worst case scenerio is minn wins and I profit

2400-1800=600


I don't want it to be stl, bos or nyy go all the way and I am left with nothing
 
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