Fellas,
I have a good problem that I am trying to figure out. I'm in first place in my bracket contest. If Kentucky wins, I'll bring home $700. If Kansas wins, I take second and bring home $200. I'm trying to figure out the best way to hedge this. What do you think I should do? $100 on Kansas ML (+260) and $100 on Kansas +7.5? Don't do anything? I'm up for suggestions. Thanks in advance for the help.
I have a good problem that I am trying to figure out. I'm in first place in my bracket contest. If Kentucky wins, I'll bring home $700. If Kansas wins, I take second and bring home $200. I'm trying to figure out the best way to hedge this. What do you think I should do? $100 on Kansas ML (+260) and $100 on Kansas +7.5? Don't do anything? I'm up for suggestions. Thanks in advance for the help.
