Hedging a prop

[the_fix_is_on]

I have a prop on Kent St. to win it all. $5 to win $4995.

Is there a smart way to hedge this bet, or should I just sit back and hope for the best? :shrug:

 

[fletcher]

i would at least bet a progression against it for at least 200 then 400 then 800 then if you made it that far 2000 against it in the last game.

 

[the_fix_is_on]

Thanks Fletcher,

Thanks Fletcher,

That's what I was thinking of doing. I was afraid of having to lay a big amount in a money line bet in the next round (assuming Kent wins tonight and Duke wins decisively).

 

[dr. freeze]

your ticket isn't worth that much yet.....it is worth about 30$ after two games.....wouldn't lay more than that.....if Kent wins tonight you lose 200, then are facing as you said hedging it with a -500 or more ML prop......

 

[fletcher]

if they get by pitt don't think they will get by duke if that is the match up,they are good but the slipper will break tonight or shatter saturday.

 

[fletcher]

you really need to do what i said now because its not going to be a-800 ml if they move on against indy. it will be around 5.5-7

 

[the_fix_is_on]

Fletcher, That's exactly what I was thinking. Thanks!

 

[dr. freeze]

yeah now i owuld start hedging....if they beat pitt they will be even money against Indy.....or close......great chance here....