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re: Which of you Ballers Laid Down Some Cabbage..
Posted on 12/4/13 at 7:22 am to RedMustang
Posted on 12/4/13 at 7:22 am to RedMustang
I actually own one of the LVH tickets. I have $5 on Auburn at 1000:1.
I had a $10 ticket at 100:1 in 2010 that paid $1010 for the win. I also had a $10 ticket at 100:1 in 2011 and 2012. Funny thing is I do not buy the tickets, I have a radiologist that I work with that goes to Vegas 4 or 5 times a year and always buys about $300-$400 in future book tickets for various sporting events and gives them away to employees.
I have done very well with him, he bought me the Auburn ticket, I also had Tony Stewart to win the Sprint Cup a few years ago when he won for $25 at 30:1. I had Bubba Watson to win the Masters for $20 at 40:1. I had Butler to win the Final Four for $20 at 60:1 in 2010 when they lost in the finals to Duke so that was a very close call.
In March when he gave me the ticket and he only bet $5 I jokingly asked him if he lost faith
I had a $10 ticket at 100:1 in 2010 that paid $1010 for the win. I also had a $10 ticket at 100:1 in 2011 and 2012. Funny thing is I do not buy the tickets, I have a radiologist that I work with that goes to Vegas 4 or 5 times a year and always buys about $300-$400 in future book tickets for various sporting events and gives them away to employees.
I have done very well with him, he bought me the Auburn ticket, I also had Tony Stewart to win the Sprint Cup a few years ago when he won for $25 at 30:1. I had Bubba Watson to win the Masters for $20 at 40:1. I had Butler to win the Final Four for $20 at 60:1 in 2010 when they lost in the finals to Duke so that was a very close call.
In March when he gave me the ticket and he only bet $5 I jokingly asked him if he lost faith
2
Posted on 12/4/13 at 7:28 am to rjbigfish
If you have a guy going back to Vegas, you should hedge your bet by taking Mizzou, OSU and FSU to win their games in appropriate amounts. Guarantee you some green
Posted on 12/4/13 at 7:30 am to rjbigfish
To answer the hedging question, in 2010 I didn't hedge at all. This year since the ticket I have is worth so much more I gave this a lot of thought over the last few weeks as to what I would do if we made the title game. Well we haven't even made the game yet but the odds on us winning have come down enough that I was able to sell half share of my ticket for $500. This sounds like I am giving up a lot but the way I look at it is I have $5 on Auburn at 500:1 which is still crazy value. I now win $2500 if Auburn wins the title and a buddy of mine also gets $2500. He was wanting to bet a few hundred at 4:1 but was able to get a bit more value from me and get them at 5:1 so its a win win.
I almost never hedge unless the value of the ticket is so much. If I owned the $100 at 50:1 I would try and find a way to at least get $1000 out of it if Auburn doesn't win. You would be silly not to and if Auburn wins you would still be winning a substantial amount of $$
I almost never hedge unless the value of the ticket is so much. If I owned the $100 at 50:1 I would try and find a way to at least get $1000 out of it if Auburn doesn't win. You would be silly not to and if Auburn wins you would still be winning a substantial amount of $$
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