Detroit 300/1800.......Hedging advice.....

[maverick2112]

I have det 300/1800

Would like to hedge and just get my 300 back but no way I want to risk losing $1200 on Spurs losing 2 straight......Spurs at 10-1 now

Spurs 3000/300.......w.......+300
Pistons 300/1800....L..........-300


Spurs 3000/300......L.........-3000
Det 300/1800........W........+1800........lose $1200

Hell I would rather lose $300 than risk losing $1200

Any way to hedge this and just even out???

Tought line in this situation would be about 7-1 which would be a lot easier hedge but 10-1......didnt think it would be that high when series was 2-2.......

 

[Scott4USC]

$300 to win $1800 Pistons win finals

Do this.......

Spurs in 7 +363 (pinny)
Spurs in 6 -261 (pinny)

$1305 to win $500 Spurs win game 6

$500 to win $1815 Spurs win game 7

The results

Spurs win game 6 = - $300 (most likely scenario IMO but $300 was your original bet)

Spurs win game 7 = +$210 profit

Pistons win game 7 = - $5 (basically break even) (Pistons who always seem to excel in close out games)

I think I fixed errors if anybody caught it!

EDIT #6: POST IS FLAWED! Doesn't help situation. I am done its too late for me and even after correcting it doesn't help Maverick.

 

[maverick2112]

Yeah....thats what I kept doing........would work out well if I didnt have to pay for gm 7........thanks anyway.......

Maybe there is a way to do this..........

 

[Scott4USC]

I fixed it, look above. I think you will like this scenario. Actually screw it. Why the hell do that. STUPID ME! Keep your bet and hope Pistons win game 6 then hedge.