Started By
Message
re: Which of you Ballers Laid Down Some Cabbage..
Posted on 12/3/13 at 11:27 pm to RedMustang
Posted on 12/3/13 at 11:27 pm to RedMustang
I don't want to speak for Sur, but IMO you're devaluing your odds quite a bit by trying to hedge bets.
What do you do under your scenario if you bet 2k against Auburn on Missouri, and they lose. Then you bet 3-5k on OSU, and you lose that. Then you have lost 5-7k to try to protect what, some arbitrary amount from a few hundred dollar bet?
I have done that before by trying to "hedge" bets and it's never worked well for me.
What do you do under your scenario if you bet 2k against Auburn on Missouri, and they lose. Then you bet 3-5k on OSU, and you lose that. Then you have lost 5-7k to try to protect what, some arbitrary amount from a few hundred dollar bet?
I have done that before by trying to "hedge" bets and it's never worked well for me.
2
Posted on 12/3/13 at 11:34 pm to rocketc
Upon further consideration, if one were to hedge bets at this point, it should not be done on a per game basis.
You'd get the best odds to bet for Nat'l champs now, and the bet you wanted earlier has huge odds.
You could get decent odds on OSU, FSU, UAT, and Mizzou right now. I think you'd be better off looking at who can make that game and place some offsetting bets if you wanted to hedge at this point, but I still think that's a bad idea in general but mathematically sound.
You'd get the best odds to bet for Nat'l champs now, and the bet you wanted earlier has huge odds.
You could get decent odds on OSU, FSU, UAT, and Mizzou right now. I think you'd be better off looking at who can make that game and place some offsetting bets if you wanted to hedge at this point, but I still think that's a bad idea in general but mathematically sound.
Posted on 12/4/13 at 12:35 am to rocketc
quote:
Posted by rocketc I don't want to speak for Sur, but IMO you're devaluing your odds quite a bit by trying to hedge bets. What do you do under your scenario if you bet 2k against Auburn on Missouri, and they lose. Then you bet 3-5k on OSU, and you lose that. Then you have lost 5-7k to try to protect what, some arbitrary amount from a few hundred dollar bet? I have done that before by trying to "hedge" bets and it's never worked well for me.
I just threw those amounts out, and they can be easily changed. You aren't really trying to protect an arbitrary amount, you have a potential $50,000 ticket which cost $100. There are several ways to guarantee that you'd make SOME money. It would be nice to at least make enough to pay for an Auburn bowl game trip.
Page 1 of 1
Latest Auburn News
Popular
Back to top
Follow SECRant for SEC Football News