FA Cup parlay. - Saturday.

[Betting4Fun]

<TABLE class=placeBetsLegTable id=myBetsLegTable cellSpacing=0 cellPadding=4 width="100%" border=0><TBODY><TR><TH class=BMHeaderMarketDescriptionOriginalBold align=left colSpan=5>3 Selections Chosen</TH></TR><TR class=BMBackBetBackground><TD class=CurryBoldedText align=middle width=15>1</TD><TD width="100%">Tottenham v Reading (Backing Tottenham @ 1.42)</TD></TR><TR class=BMBackBetBackground><TD class=CurryBoldedText align=middle width=15>2</TD><TD width="100%">Chelsea v QPR (Backing Chelsea @ 1.32)</TD></TR><TR class=BMBackBetBackground><TD class=CurryBoldedText align=middle width=15>3</TD><TD width="100%">Everton v Oldham (Backing Everton @ 1.28)</TD></TR></TBODY></TABLE>
Trebles
Selections Odds
1,2 and 3 2.39


I will take my chances and assume Tottenham going to do their best to succeed here at home as the cup will be their only way to secure perhaps a gate to any Europian participation next season along with the fact they beat in ,multi goal scoring same team a week ago make me believe they could go for another win today.Chelsea missing few starters but as a home favorite i would like to believe they can cover and score at least once,don't see the visitors going to score at Chelsea home and Everton has performed well against any Premier 2nd half league teams at home and can't see them dropping points or not winning at home today against a lower league team despite missing some starters due to injuries or suspensions.

GL.

 

[Betting4Fun]

For record sake lost that parlay,hedged it by laying Everton and Chelsea prior to match time for 1.25 @betfair ,so in total finished even here.Guess didnt cause anyone to lose today since my post was relatively late right before kick off time,so that would make me feel a little better

 

[joeyfitzclick]

Everton lost though. How is that hedge ?

 

[Betting4Fun]

Everton lost though. How is that hedge ?

Ok ,since you ask ,will explain

Wagered $200 over the parlay @2.39 . ($278 net profit).

Lay $200 on Chelsea@ 1.25 (Liability $50 to get $200 if final score draw or QPR WIN)
Lay $200 over Everton @ 1.28 (Libaility $56 to win $200 if final score draw or Oldham win ).

In other words if parlay wins my net profit would have been $278-$112(liablity cost)=$166 or if one of these two failed to deliver got my inital $200 back.
If two of them were not winning would have gotten $400 on laying and losing $200 on the parlay.

Since Chelsea won but Everton lost i got $200 back from Everton game reducing my loss on the parlay and laying favorites .

Makes sense?thats mainly why i love betting on Betfait,have more opportunities to hedge,or sometimes lock profit even regardless of winner.

 

[Betting4Fun]

So all in all instead of losing $200 i lost $50 Liability ob Chelsea.
Other options were as advised $166 profit if parlay won or $200 win if Chelsea was not winning too ($400 back - parlay backing $200).