ADVICE NEEDED

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blaster

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PRIOR TO THE START OF THE SEASON I PLACED A $50 FUTURE ON CINNCY TO WIN THE NATIONAL CHAMPIONSHIP AT 150-1. THEY NOW HAVE 2 GAMES LEFT TO PLAY AND I REALIZE THAT ANY SLIP UP THEY ARE OUT. THEY MAY ALSO BE OUT IF MICH UPSETS OHIO ST. I DO THINK THEY MAY BE PEAKING AT THE RIGHT TIME AND SOULD BE ABLE TO HANDLE BOTH ECU AND HOUSTON. THAT BEING SAID, HOW WOULD YOU MOVE FORWARD WITH A POSSIBLE HEDGE? OR WOULD YOU? ANY ADVICE IS APPRECIATED.

GLTA, BLASTER
 
WhatsHisNuts

WhatsHisNuts

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If Michigan upsets OSU, OSU is out with 2 losses and Michigan is in. No impact on Cincinnati from an in or out standpoint. At $50, I'd ride out the next couple games then look at the options in the actual playoff.
 
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blaster

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APPRECIATE THE FEEDBACK FELLAS. ANYONE ELSE HAVE AN OPINION?
 
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ezpickin

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You are risking $50 - what is there to hedge?

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O

Okie

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WhatsHisNuts advice is right on the money. Cincy will win out in the regular season (I think) and then take a look at your options.
 
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gjn23

gjn23

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Its a $50 layout

You're still 2 wins from making the playoffs and 4 wins from cashing a possible winning ticket

Cin won't be favored vs anyone in any playoff game

At this point you don't have any hedge options.
 
kickserv

kickserv

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I have posted this about 1 million times on here and I'll say it again..........

If you placed a wager with the expectation to win that wager, you never hedge. If you placed the wager planning on hedging it in the future, then you hedge your bet.


Or to put it another way.........why the hell did you place a wager if you didn't want to win the wager?




kickserv says......never ever ever ever ever ever ever hedge your bet.


hammer1 didn't hedge his 50 dollar wager and he won over a million bucks:0071

https://www.madjacksports.com/forum/showthread.php?679511-22670-61-odds-parlay-winner!
 
BMONEY83

BMONEY83

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Sell it some cincy fan for $100. Only chance of making any money on that ticket.
 
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Old School

Old School

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ya get to that $7,500.00 hedge and guarantee yourself a nice payday...

That will fatten that gambling bankroll right on up.

Bring it home blaster...:0074
 
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Jord20

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I don?t see a great hedging opportunity yet on this.

But, i don?t agree at all with the folks talking about your initial outlay. The $50 is meaningless at this point - it?s only the current value that matter. And that?s how you should think about what to do - not the original bet.

It?s like if you bought $1000 of Amazon stock 10 years ago that is now worth $234k. You don?t worry about the original $1000. You trade it based on its current value. You don?t never sell, just because you only ?risked? $1000.


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