Hedge it, or let it ride?

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im torn ?
 

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ALWAYS hedge to guarantee a profit
It is just a matter of how confident you are with remaining bet determines how much you bet on other side
Even can bet live and maybe win both
Horrible idea to let it ride
HORRIBLE
 

hacheman@therx.com
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You just have to ask yourself which one of these are more likely for you

A. You hedge and it hits and you regret not letting it ride
B. You don't hedge and you lose everything

Will A or B make you more pissed and upset with yourself
 

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Hedging is simply adding onto the house edge. Would only do it if its a bet you can't afford to lose(betting way over your standard unit) or you really need the cash for something time sensitive.

Otherwise hedging long term just eats into profits(if you're winning long term) or adds to losses.
 

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Don't think i have ever hedged a bet in my life.

But lets say i had some 1k parlay to win something crazy like 500k and it was down to last game.

Yes i would hedge in this situation---because even though the 1k risked isn't larger then my standard unit the 230k(ball park, hedge win) won is too far and away above my standard units to take a risk a return of 0.

If that makes sense.
 

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let us know what you decide
ill check back before kickoff
good luck with your decision
 

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Otherwise hedging long term just eats into profits(if you're winning long term) or adds to losses.
I agree for most straight bets, but with extreme parlay odds this is not true. Locking in a guaranteed 15-20x profit adds to long term winning %.
 

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I agree for most straight bets, but with extreme parlay odds this is not true. Locking in a guaranteed 15-20x profit adds to long term winning %.
Simply mathematically and theoretically false.

But granted we have moved past the theoretical world when talking about parlays and winning gamblers.
 

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Outside of some bizarre/extreme climate one should never make a parlay thinking it's +ev(it isn't)

You should treat parlays like you should treat pit games---entertainment not a vehicle to make money.
 

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From personal experience I would hedge something! Just choose how much your willing to give up should it win.

I have let so many parlays big money ride on last bet and loss it all!

that why it's called gambling!

I would bet $400 if it wins you got $1000 that big in a $40 bet. If it loses you win $400
That's a winner either way
I
 

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Any smart gambler would not be greedy and let the house have chance to kill it off if you lose the over.
I hedge bets all the time if the last play can be hedged to guarantee a profit.

Buy half point(-130) to 46 and play it under for 600. If it finished at 46 you win and push you still win the 1400.00. The guarantee is a minimin profit of 620 regardless of what happens.

FWIW Only 3 teams scored over 20pts by the visitor in Tampa when starters played.
The first game of the year was at Dallas with Tampa. That line was 49.
It finished at 19-3.
GL
 

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$1,400 isn't a life changer. Also depends on your bankroll. Me personally I'd be happy with a $700 payday if I hedged. Depends on your risk/reward level and what you'd be happy with.
 

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Thanks for the responses. No biggie on my end but I think I'm just gonna let it ride for the f*ck of it. ?
 

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