How do you correctly hedge a parlay?

[sub3boston]

If you bet 50 on a 4 teamer and have 1 play to go how much would you hedge to guarantee a profit?

 

[borat]

If you bet 50 on a 4 teamer and have 1 play to go how much would you hedge to guarantee a profit?

It's all up to you, and the odds that you are getting. Let's say you put 50 on a 4 team parlay with 12-1 odds, and your first 3 hit with one game to follow.

So you have the possiblity of winning $600

You have many options, but the best way to hedge would be to lay $300 on the opposite pick in the last game(make sure the line is the same)

So if you win the parlay you would be +270
If you lose the parlay you would be +250