The old hedge question

snoozer

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Aug 5, 2004
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Berkley, MI
In a pickem league, and if NO wins, I win...

If they win, I win $100, if they lose, I get 0

Will most likely let it ride, but here are my options

1) let it ride
2) Take Tenn on the ML for $50, if they win, I still win $100. If they lose, I profit $50
3) take Tenn and the points for $90. If they win, I still win $90, if they lose and don't cover, I get 0, if the lose and cover I get $190.


Thoughts?
 

snoozer

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Aug 5, 2004
1,201
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Berkley, MI
wouldn't that wipe out all hedge possibilities? If I parlayed the under and the game went over, I could potentially lose everything.
 

SourDoughJoe

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Jun 15, 2003
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The Last Frontier
If you have to hedge, this is a no-brainer. Assuming the line is 4.5, take Tenn +points for $50. It gaurantees you $50 win either way. If Saints win by 1,2,3, or 4, you win both for $150.


GL,
SDJ
 
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