:nohead:
More like: I love when people who have absolutely no idea what they're talking about make blanket statements that are clearly, intuitively wrong. It's even better when they do it with an authoritative tone, so the newbies take the "advice" as gospel. Also, he misspelled "you're".
Well I am not to sure what I have done to you ewitty to make such remarks like this about me. Keep in mind that with a topic such as this it is truly opinionative to the individuals bankroll so I guess disagreeing with you makes me have no clue what I am talking about. What I can say is I am sure we have all encoutered situations like this in the past with ourselves and from my personal experience I can tell you that a significant amount of times in which I did not hedge and lost I felt like an idiot. Pretty much what it all boils down to whether or not to hedge is "THE AMOUNT OF TEAMS ON THE PARLAY AND THE AMOUNT RISKED". For example if its a 2-3 teamer for pennies there is no point in really hedging. However if you have lets say an 8-12 team parlay where you laid a significant amount on it and hit all of them except one game thats pending you are truly a fool to let it ride with a chance to lose everything and gain nothing without ensuring profit of some sort.
#1. "opinionative to the individuals [sic] bankroll" is a phrase that makes no sense.
#2. In your first post, you said:
In your next post, you qualify your statement by saying:
(note: your qualification makes no sense either, but it illustrates the fact that I was correct to point out that your first point was wrong)
#3. When you give advice, and you do it in an authoritative tone, you open yourself to criticism when this advice is very, very wrong. Especially when you call people dumb (while misspelling "you're") for not listening to you. Deal with it.
#4. In gambling, there are very few (if any) blanket statements that are correct. Statements like "always hedge", "never bet the puck line", "only take home dogs", etc. are inherently wrong, and intuitively so. If there was a simple formula to follow to make money gambling, everyone would do it.
Also, and believe me I had to learn this lesson the hard way, posting bitchy comments on a message board when your plays lose doesn't help your credibility.
Consider this post to be constructive criticism. I hope you keep posting here because this forum can be a little dead at times, and we like having you around, but I also hope you'll think about what you post before you do, since it's not helpful to give newbies who are trying to learn such terrible advice.
#2. In your first post, you said:
SkateSharpener said:
In your next post, you qualify your statement by saying:
SkateSharpener said:
(note: your qualification makes no sense either, but it illustrates the fact that I was correct to point out that your first point was wrong)
#3. When you give advice, and you do it in an authoritative tone, you open yourself to criticism when this advice is very, very wrong. Especially when you call people dumb (while misspelling "you're") for not listening to you. Deal with it.
#4. In gambling, there are very few (if any) blanket statements that are correct. Statements like "always hedge", "never bet the puck line", "only take home dogs", etc. are inherently wrong, and intuitively so. If there was a simple formula to follow to make money gambling, everyone would do it.
Also, and believe me I had to learn this lesson the hard way, posting bitchy comments on a message board when your plays lose doesn't help your credibility.
Consider this post to be constructive criticism. I hope you keep posting here because this forum can be a little dead at times, and we like having you around, but I also hope you'll think about what you post before you do, since it's not helpful to give newbies who are trying to learn such terrible advice.
Last edited:
I agree my authoritive tone and using comments like always did discredit my point. Thanks for the response but what I still disagree with you is the fact you are saying it is terrible advice to tell people to hedge parlays. Books clean house on parlays and love when people bet such things. So to ensure profit in a win win situation is not a smart move I would like to hear why you think as such?
If you're going on the theory that parlays are sucker bets and "books clean house on parlays and love when people bet such things" then you should never hedge parlays because theoretically you should have never made the parlay in the first place.
If you're going to be a little more realistic, then you'll hedge if and only if doing so leads to a greater +EV than not hedging. If the line has moved away from you, then it could cost more to hedge than you expect your EV to be and therefore hedging is a mistake.
If the line hasn't moved at all (and you're playing with no juice), hedging is value-neutral and it makes no difference in the long run whether you hedge or not.
People usually parlay favorites together to avoid paying huge juice. This is of course nonsense, since a smart bettor has no problem paying -500 if the true odds are -1000. In any case, if you parlay favs together and then hedge out, you're effectively paying the same juice you were originally trying to avoid. There are other considerations such as risk of ruin calculations etc that could argue in favor of hedging, but those are just some examples.
