Hedging Help

[Phenom]

I took Louisville 30-1 before the tourney started for $100, now I have to be realistic that Kentucky is damn good and Kansas and Ohio St are no slouches either, what is the best way to hedge this bet, Kentucky is probably -400 moneyline right now, just curious what you all think the best options are.:shrug:

 

[Cappin Kirk]

I have UofL at 55-1, UK ML is -450. I may try to hedge with UK to win it all but there are no futures listed at 5D yet.

 

[hedman]

I would Hedge on UK future to win it all, and then rehedge on the final as UK will be favored over either. That way you are not laying such high odds as -450.

 

[LordofBalls]

I would Hedge on UK future to win it all, and then rehedge on the final as UK will be favored over either. That way you are not laying such high odds as -450.

yep...

take Ky to win it all..

then if/when they beat L-ville, whoever they play in the final will be a dog, take em +odds on the money line (and even some at +pts and you could win both ways maybe?).

seems like the way to go..

MAKE SURE YOU MAKE SOME $$ OUTTA THIS SCENARIO :0074

 

[Cappin Kirk]

I would Hedge on UK future to win it all, and then rehedge on the final as UK will be favored over either. That way you are not laying such high odds as -450.

This is exactly what I did and will do in the Championship game. If UofL wins, I'll most likely let it ride.

 

[bleedingpurple]

These guys have the best advice

 

[hawkeye]

Let it ride-gl