Hedging question. WWYD?

Crush

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May 28, 2016
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I bet 200 units on OKC to win the title at 6-1
I also bet 110 units on Cleveland at +180

I thought Toronto didn't have a chance and if OKC met Cleveland in the finals I couldn't lose money. Now headed into game 6 I have 3 options
Golden state is +175 to win the series against OKC and +250 to win the title

The question is what would you do?
Let it ride
Hedge on series
Hedge on title

If you decided to hedge what amount of $$$ makes sense

Thanks in advance fellas
 

LordofBalls

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Aug 31, 2006
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First off, I think OKC closes it out tonite.
If they don't, I don't see OKC beating GSt in gm 7 @ GSt...


I would bet minimally tonight on GSt (to win everything).. and wait and see if it goes bk to GSt or not.


If I did the math right, then it works out like this:

If Cleve (+180)... 110u x 1.8 = +198u profit,
but u lose Okc (-200), net -2 units right?


If OKC (6-1)... 200u x 6 = +1200u profit,
but u lose Clev (-110), net +1090 profit



Soooo ~~ ADD Cleve $$$ NOW!! (not sure what odds u can get, still +180??).
at least another 350 (to win +630).. gives u total of 460 to win 828 if it hits.


BECAUSE...
if GSt loses tonight, Cavs will have home court for Finals and odds on them will drop... u won't see +180 again unless they lose one of first 2 gms at home...

so... here's how it would end (IF it goes OKC vs Clev finals):
-200 (OKC future loss)
+828 (IF Clev wins...)
NET +628

OR

-460 (Clev loss)
+1200 (IF OKC wins)
NET +740


And Root for OKC tonight!! :D

as far as GSt goes...
tough to put much on them tonight, but if u wanna throw 100 to win 250.. would help offset OKC wager loss.. but I wouldn't do much
If they get to finals, you'd have to put some more on them to balance against Clev a bit...


whatever u decide... enjoy... and Best o'Luck!!

LoB

 

Crush

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Cleveland is now even money. I got the +180 before the conference finals started
 

LordofBalls

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Cleveland is now even money. I got the +180 before the conference finals started

I'd still say... put some more on Cleve now.

I'd think they'll be favored vs OKC, so get some now. If/when they win 1st game, it'll go up more


BoL~LoB
 

thadchr

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I'd still say... put some more on Cleve now.

I'd think they'll be favored vs OKC, so get some now. If/when they win 1st game, it'll go up more


BoL~LoB

I show Cleveland as about even money against OKC if that's indeed the finals matchup. If that helps any.
 

fla

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I bet 200 units on OKC to win the title at 6-1
I also bet 110 units on Cleveland at +180

I thought Toronto didn't have a chance and if OKC met Cleveland in the finals I couldn't lose money. Now headed into game 6 I have 3 options
Golden state is +175 to win the series against OKC and +250 to win the title

The question is what would you do?
Let it ride
Hedge on series
Hedge on title

If you decided to hedge what amount of $$$ makes sense

Thanks in advance fellas

I'm in the same situation and took GS to win the title after game 4 to win what I would lose if neither OKC or Cleveland win the title. I'm also taking the Warriors plus the points tonight for a possible middle. It's tough to knock out the champ but I think OKC will tonight

:00hour

Good luck!
 
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