Blues bettor won't hedge his $100,000 ticket

Old School

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https://www.espn.com/chalk/story/_/id/26921364/already-won-why-blues-bettor-hedge-100000-ticket

'I've already won': Why Blues bettor won't hedge his $100,000 ticket


Ben Fawkes
ESPN Staff Writer

"I might be the captain of the Titanic that goes down, but I'll still be a hero."

Although it might seem like hyperbole, it's a succinct way to describe Scott Berry's mindset as his hometown St. Louis Blues head into Sunday's Game 6 of the Stanley Cup Final.

After all, Berry has been the talk of the gambling world the past few weeks, after news surfaced of his $400 wager on the Blues to win the Cup at 250-1 odds, a bet he placed in January in Las Vegas. That ticket could win $100,000.

But instead of the potential payout for his ticket, the discussion has centered around whether he should hedge his bet and guarantee himself some profit. Should he fly to Vegas and put down money on the Boston Bruins? Should he sell the ticket through PropSwap, a third-party marketplace not associated with any casinos that allows bettors to buy and sell futures bets?

His answer has been a resolute "no."

"The fate of the Blues will be the fate of me," Berry told ESPN via phone. "You never say never [for hedging], but I woke up Friday morning with the feeling the Blues are going to win this in six. That's how I feel."

Berry said he has received several offers to buy his ticket on PropSwap during the Stanley Cup Final, ranging from $26,420 to the current high of $75,000, but he has turned them all down. He admitted during an interview on Daily Wager that he considering hedging after the Blues lost Game 1 but hasn't since then.

"I feel like I'm in this with the team, and I don't want to lay any of it off," Berry told ESPN. "I put the bet down in January for $400 to win $100,000. That was the bet. ... I'm very superstitious and don't want to ruin any juju."

Berry has heard all of the Twitter comments and has seen friends -- and bettors -- suggest that he hedge his bet, particularly with the Blues up 3-2 in the series and the Bruins large underdogs (+250 series price at Caesars Sportsbook) for the first time in the series.

"I've gotten calls from friends who live in San Diego, and they're saying I'm the talk of the water cooler," Berry said. "Friends I haven't talked to in years giving me advice on hedging. In my opinion, I've already won. It's kind of crazy how it's all panned out. It's been a wild ride."

Berry has been to every home game throughout the playoffs and even attended Game 2 of the Final in Boston, but he watched Game 5 at a restaurant in St. Louis with 15 friends and family members.

"Everyone was pretty loud during the game, but until those final seconds ticked off, I was trying to keep my emotions in check," he said. "I didn't say a word the entire game, but once the final seconds ticked off, I celebrated."

The CEO of his company even sent an email encouraging employees to wear blue when the Blues play, and Berry has done a multitude of interviews with national and local broadcasts, including a local station that filmed him watching Game 5. He is a die-hard Blues fan, like so many sports fans are about their teams, so the extra attention and stress have worn on him, but he knows the journey is almost over.

"I got really emotional after witnessing the Blues win Game 2, their first Stanley Cup win ever," Berry said. "It kind of hit me. I'm looking forward to it being over, hopefully with a happy ending, and talking to people after this is all done, hopefully with the Cup on Market Street."

Berry will attempt to get a ticket to Game 6 on Sunday, but he doesn't want to pay the exorbitant prices currently offered on the secondary market. If he isn't at the game, he'll be watching with friends and family again.

"If I end up being the Texas Tech bettor 2.0, then so be it. I'll live with it," Berry said. "This has been an incredible ride, to say the least. In my opinion, the $400 I spent was well worth this experience. I feel like I've already hedged in a sense. The money is a great bonus if the Blues win the Cup ... but in my opinion, I've already won."
 

TouchdownJesus

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Can't believe he didn't hedge after they won Game 5. Just put $20,000 on it and continue cheering for the Blues. If they don't come through, you still profit $50,000 vs the $80,000 left on Blues.

I've got a pretty high one on Golden State to win series after they lost Game 4 and I've got my heart on it too...but you better believe I'm gonna hedge tomorrow night at hopefully +3 and either middle it or at least profit from it.
 

Old School

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when you don't hedge that kind of return you are a poor investor ..

that kind of cash down the line in life can ease a lot of sorrow for him or a family member .
 

gjn23

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He thinks he's a hero?

Offered 75k after being up 3-2 and he turns it down?

He's actually a moron and is too stupid to realize it.
 

kickserv

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I'd do the exact same thing, good for him:0074

You make the bet hoping you'll win the bet, fuck hedging, it is called gambling, go for it:mj05::mj05::mj05::mj05::00x23:00x23:00x23
 

Old School

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disagree........why make the bet if you don't think you are going to win.

#nevereverhedge



It is called gambling for a reason:0064


and when you don't walk away from the table a sure BIG WINNER ya ain't much of a gambler.
 

Old School

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I see what you are saying, but I say again.......Why make the bet if you don't think you are going to win?:SIB

because people make futures bets all time on the "Homer" team all the time with the idea that it "Might Win".

I be damn if it's "SMART GAMBLING" to send $50,000.00 down the TOILET CUZZZZZZZZZZZZZZ

YOU THINK IT's GOING TO WIN..........:facepalm:...........

I THINK...NO .... I WILL PUT THE $50,000.00 IN THE BANK....minus whatever taxes... don't care.

BIG PAYDAY.....WINNER CHICKEN DINNER......DRINKS ON ME......ICE WATER FOR ME........
 

gjn23

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I see what you are saying, but I say again.......Why make the bet if you don't think you are going to win?:SIB

He did win...jusr at 182-1 to be a game away.

You're as sharp as him.

Hedging is assenine for small payouts vs your original bet.....in this scenario he doesnt even have to come up with a large $ amount to hedge a middle amount he could have sold it on a secondary market and then used that money to bet game 6 & 7 if he wanted to to risk little to make as much or more than his original 100k possible payout or just walked away with 75k
 

kickserv

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because people make futures bets all time on the "Homer" team all the time with the idea that it "Might Win".

I be damn if it's "SMART GAMBLING" to send $50,000.00 down the TOILET CUZZZZZZZZZZZZZZ

YOU THINK IT's GOING TO WIN..........:facepalm:...........

I THINK...NO .... I WILL PUT THE $50,000.00 IN THE BANK....minus whatever taxes... don't care.

BIG PAYDAY.....WINNER CHICKEN DINNER......DRINKS ON ME......ICE WATER FOR ME........


On the other side but good luck with your play:SIB

#neverhedge
 

kickserv

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You're as sharp as him.


And when the Blues win we'll both be sharp, although he'll have more money then me.:mj07:


Hedge = dumb

Hedge = weak

Make the bet and stand by your wager:firing::firing::firing:




kickserv took the Blues at 14-1 to win the Cup, and he didn't hedge shit:brows:
 

yyz

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And when the Blues win we'll both be sharp, although he'll have more money then me.:mj07:


Hedge = dumb

Hedge = weak

Make the bet and stand by your wager:firing::firing::firing:




kickserv took the Blues at 14-1 to win the Cup, and he didn't hedge shit:brows:

It's always easy to spend other people's money.
 

kickserv

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It's always easy to spend other people's money.


True, but as mentioned I also have the Blues to win the Cup and never hedge ever.

But yes you make a valid point, always easier when it ain't your money.
 

gjn23

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And when the Blues win we'll both be sharp, although he'll have more money then me.:mj07:


Hedge = dumb

Hedge = weak

Make the bet and stand by your wager:firing::firing::firing:




kickserv took the Blues at 14-1 to win the Cup, and he didn't hedge shit:brows:

Let's recap

75k guaranteed
Vs
100k if win 1 out of 2
Vs
0k if lose 2 out of 2

Only a moron wouldn't choose 1st option ESPECIALLY since there is a way to choose 1st option and make more than option 2 but guarantee yourself at least 65k.
 

kickserv

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Only a moron wouldn't choose 1st option ESPECIALLY since there is a way to choose 1st option and make more than option 2 but guarantee yourself at least 65k.


Moron #1 reporting for duty:00hour

Don't make the bet if you don't think you are going to win.
 

gjn23

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Moron #1 reporting for duty:00hour

Don't make the bet if you don't think you are going to win.

Apparently you (and the clown) are more interested in winning the bet and going 1-0 vs what gambling is all about....WINNING MONEY.
 

kickserv

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Apparently you (and the clown) are more interested in winning the bet and going 1-0 vs what gambling is all about....WINNING MONEY.


Been gambling on sports since 1989 and have had about a million wagers I could hedge, and never have done it and never will.

So record a bit above 1-0.

Oh and gambling can also be about maximizing profits and of course receiving Madjack T-shirts for Sportsbook deposits:00hour

Hedging = weak sauce

In the long run if you hedge a lot it will cost you, make the bet and stand by it:firing:
 

gjn23

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Been gambling on sports since 1989 and have had about a million wagers I could hedge, and never have done it and never will.

So record a bit above 1-0.

Oh and gambling can also be about maximizing profits and of course receiving Madjack T-shirts for Sportsbook deposits:00hour

Hedging = weak sauce

In the long run if you hedge a lot it will cost you, make the bet and stand by it:firing:


Ever been presented with opportunity for free 75k vs let it ride for 100k or 0k?

I get it, I dont hedge either ....i have tor at 11-1 but 100 to win 1100 so not huge life changing amount....but this was 400 for 75-100 or 0

So your advice now if he was offered an in game buyout option for 95k would be to not accept because NEVER HEDGE?
 
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