Hedge

S

spits

Registered User
Forum Member
Nov 30, 2000
725
1
18
Windsor, Ontario, Canada
I entered a small scale bracket ($5) and I am in position to win 1st prize ($220) if UNC wins. If MSU wins tonight, I finish in 3rd ($35).

My question to the madjackers out there is how you would hedge this further if looking to maximize return if MSU springs the upset. I still think UNC will likely win....just want to protect against the upset.

For instance...put $30 on MSU moneyline (+325) win $97.50 if MSU wins and total of $132.50.....if UNC wins, still win $190.

Also a middle opportunity out there by taking MSU +7.5.....if UNC wins by 7 or less, could increase on the $220.

I realize it depends on whether I want to hedge or gamble a bit with the middle.....but curious if any "hedge" experts are willing to share their thoughts.

SPITS
 
TeeMo

TeeMo

Registered User
Forum Member
Sep 8, 2008
2,570
25
48
MY BUDDY IS IN THE SAME BOAT, BUT AT A HIGHER CLIP. IF CAROLINA WINS TONIGHT, HE MAKES $2500. IF STATE WINS, HE GETS $1250 ALL FOR AN INVESTMENT OF $150. THE WORST HE CAN DO IS $1250. HERE IS WHAT I TOLD HIM TO DO:

TAKE $150 AND PUT IT IN YOUR POCKET. LEAVES A WORST CASE SCENARIO OF PROFITING $1100. TAKE THAT $1100 AND PUT IT ON STATE PLUS THE 7.0

CAROLINA WINS AND COVERS: $2500 - $1100 = $1400.00 PROFIT.
STATE WINS OUT RIGHT: $1250 + $2100 = $3350 PROFIT
CAROLINA WINS AND STATE COVERS: $2500 + $2100 = $4600 PROFIT.

GOOD LUCK !!!
 
Last edited:
S

spits

Registered User
Forum Member
Nov 30, 2000
725
1
18
Windsor, Ontario, Canada
Agent....I know what you mean....just figured since MSU is over 3 to 1.....throwing a bit on the MSU moneyline would increase my winnings in case they upset....IF UNC wins, it doesn't subtract too much from the original prize pool.
 
G

Grama

Registered User
Forum Member
Mar 2, 2002
2,704
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0
Lynchburg, VA
I win $4000 if MSU wins and nothing if UNC wins. I would hedge but hate the high price of UNC. I put in $10 with 900+ other people. I'm letting it ride. Go Spartans!!!
 
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