Hedge Bet Question

WhatsHisNuts

Woke
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Aug 29, 2006
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Looks like I am on the verge of an all or nothing finish in the basketball pool. I split the entry with a buddy so I stand to $850 if WVU wins on Saturday. As long as Duke goes down on Saturday, I win 1st place. If Duke wins, people will leap frog me out of the money.

Of course Duke is favored, so the middle I would love to have doesn't exist. What move, if any, would you make?
 

HoopsGuru

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Jan 6, 2004
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I'm in the same position as you. I'm debating taking Duke ml because I don't want to walk away with nothing and because Duke will get the calls in a tight game. I might also wait till halftime and see how it plays out but that might put me in a position with no hedge available. Probably will hedge for about 1/3 of what I can win.
 
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