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

[kickserv]

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

Well the morons kickserv and Scott Berry win their "Blues to win the Cup" wager.



Although it could be said that the true morons are the ones that would have hedged the wager and costs themselves a ton of money?

Ahhhh nevermind, I'm an idiot I don't know what I am talking about:142lmao:

 

[kickserv]

Can't believe he didn't hedge after they won Game 5

That's because I sent him a fax telling him that hedging is moronic, he listened to me and let it ride. We morons have to stick together:mj07:

 

[kickserv]

So the results speak for themselves............the moron Scott Berry made the right decision to not hedge, now he gets ALL his money.

 

[gjn23]

FWIW

The long term % play was to hedge

FWIW #2

As I mentioned earlier....he could have cashed out; wagered against/for stl and made more money if they won in game 7....so he cost himself money!

 

[kickserv]

As I mentioned earlier....he could have cashed out; wagered against/for stl and made more money if they won in game 7....so he cost himself money!

And he could have originally bet 10 grand at 250-1 odds as well.






Hedge = not smart

 

[kickserv]

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

#nohedge

:0071

 

[gjn23]

He and you ate still fiscally challenged

75k cash out

Bet 31,500 on stl (-125) game 6
Win bet = 100k
Lose bet = 43,500 eft

Bet 43,500 on stl (+155) game 7
Win = 110,925k
Lose = same thing as never hedge, -400 original bet

He cost himself 10,925k and kept winning $0 in play....great move.

But hey, you're the math wizard and never hedge guru
😉

 

[kickserv]

But hey, you're the math wizard and never hedge guru

Your catching on, but you caught on too late, maybe next time you won't hedge:lol:




#dumbhedge




Oh and your example above is flawed for three reasons.......

1) Your forgetting the tax

2) He would have had to pay a fee to get that 75K

3) Good luck finding a place where you can bet that much on a hockey game (and if you were to do it in Nevada, he'd have to pay money to fly down there and place the bet). And if you were gangster enough to trust a place "Offshore" to bet that kind of money you'd have to pay a fee to get that money out.






He didn't hedge and made money, he hedged he would have cost himself money, glad you are finally catching on.


Signed.....

Moronic math wizard




Hedgeing = stupid

 

[gjn23]

So there's tax on his early cash out and subsequent bets that win but not on the 100k he won?

And he's gotta fly to Vegas anyway to cash the ticket

And you dont think he cant plunk down that much on those extra two bets in vegas?

Not sure what world you live in.

I get it....you hate hedging, as do i....this isn't hedging its GUARANTEEING a sure thing while making more and eliminating the possibility of a loss.

Not sure why this is a question/debate but his result doesnt justify his actions.

 

[kickserv]

So there's tax on his early cash out and subsequent bets that win but not on the 100k he won?



And he's gotta fly to Vegas anyway to cash the ticket





And you dont think he cant plunk down that much on those extra two bets in vegas?



Not sure what world you live in.


I get it....you hate hedging, as do i....this isn't hedging its GUARANTEEING a sure thing while making more and eliminating the possibility of a loss.

There is tax on everything.


No he doesn't, but is best cashout was 67,500 dollars NOT 75,000 dollars (he would have had to pay 10 percent to get that 75K), hence why you example was incorrect.

He could find a place to bet that kind of money but it would not be easy and as I stated above if it was in Nevada it would cost him money to go there. It would be silly for the reason I stated, and oh yeah he wouldn't know what the line would have been for Game 7. Ya never know with injuries or whatever, so he wouldn't even know what the line would be for the final game (if it was even played).

I live with the other morons of Earth, we keep to ourselves, but yep were out there.


As stated your example above was incorrect, he wasn't guaranteed the 100K profit like you stated. Guarantee profit if he "cashed out" yes, but not the "he would have won more then 100K" example you posted, that was just silly.

 

[kickserv]

He made the right decision and maximized his money.

That is how you do it.

Take all the money from the Sportsbook, don't give any of it back.


Hedging = dumb

 

[gjn23]

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,

And

He's gotta fly to Vegas anyway to cash his ticket so that's a wash.

 

[kickserv]

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,

And

He's gotta fly to Vegas anyway to cash his ticket so that's a wash.

Wrong.....your forgetting the Propswap fee of 10 percent.


And he doesn't have to fly anywhere to cash the ticket, can be done by registered mail. Will he fly to Vegas, most likely, but he doesn't have to if he doesn't want to.

 

[kickserv]

this isn't hedging its GUARANTEEING a sure thing while making more and eliminating the possibility of a loss.

Yep, that's not hedging.

 

[kickserv]

Scott Berry being congratulated on his big win.......

https://twitter.com/RobertDEdwards/status/1139007429939736576/video/1

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