What would you do?

[Groz]

I was wondering what some of you would do as far as a possible hedge in my situation. We are not talking a lot of money, but was still wondering your thoughts.

I am in a pool that cost me $100 to enter. If Kansas wins, I come in 4th and win $550(450net). If Syracuse wins, I win nothing(-100).

If I take the points for let's say, 220/200, it's kind of like a middle, and I could win both. I was thinking along the lines of betting a parlay with the Syracuse m/l with both the over AND under equally. $100 parlay pays 434.55. $80 parlay pays 347.64.

I usually can figure this out great, but I'm a little unsure right now. Kansas has burned me(along with many of you) in the past, but I do think they will win.

What do you think is the best way to go?

Thanks in advance.

Best of Luck,
Groz

 

[trump tight]

Kansas doesn't have to cover right? They just have to win. I wouldn't mess with a parlay. I'd play Syracuse. Take the points for 200. That way you can middle and win both, but you are ASSURED of a win. If Syracuse wins, then they obviously cover, and you've recovered your original bet in the pool, and profited another 100. If Kansas wins, then you win money as well (330 - right?) I see it as an insurance policy. You're in it to win money, and you have a way of assuring yourself of that.

 

[maverick2112]

I would just let it be. If you are going to put $100 in a pool then you would probably bet $100 on this game anyway. Kansas has already beaten better teams than Syracuse(Duke,Arizona and Marquette......only my opinion) Remember Syracuse almost lost to a shitty Auburn team after being up by 17..............LET IT RIDE)

 

[gjn23]

here here...let it ride.

Never agreed with the "hedge" theory (maybe for a wager that had little invested with a huge potential return but your scenario doesn't fit)

People are always asking me about hedging their 3 team parlays. My answer is what was the f-ing point of making a 3 team parlay if you were going to hedge if you got to 2-0????

 

[S-Love]

take Syacuse ML for 100 and guarantee yourself some profit- you're foolish not to hedge on a 'pool' prop

 

[taoist]

I'd agree with S-Love.... Take Cuse for $200 on the $-line and lock in a profit. I wouldn't mess with the points, but you're right, that makes for a nice little middle opportunity....

 

[Unicorn]

Hedge with either a ML play on Cuse or with the points. It's up to you how much you want to risk and who you want to root for....

 

[ndlarryj]

are you kidding?

take the points on 'cuse for half your potential winnings on KS and root for a middle!

either way you're up on the initial $100, with a chance for a nice double down if the game's close.

 

[badjab]

I'm in a similar situation. I put $50 on Kansas to win it all at the beginning of the tourney (@ 15-1). I'm thought about putting a third down on Syracuse with the moneyline, but ended up putting a little less than half on Cuse plus the points -- the opportunity to win both bets, being the determining factor.

That said, I probably should have just let it ride since I think the Jayhawks will roll and win by about a dozen.

 

[Groz]

Thanks for all of your replies. This is what I ended up doing. I put 165/150 on Syracuse +5.5. So I have a chance to win my pool part and the wager.

I was tempted by the 2-1 on Syracuse moneyline, but really do not think they will win the game. If Syracuse goes wire to wire, I'll be a little dissapointed, but will still make a profit.

If Kansas jumps out to a fairly big lead, I will play Syracuse on the interactive at WSEX, and get a better value on them then the 2-1 right now. If the game is close throughout, and Syracuse wins. I just tip my cap to them.

At least I could take a very small bit of solace through another bad year for my Scarlet Knights. Thinking that my good old Rutgers beat them once, and actually had a 13 point lead at the Carrier Dome in their second game with Orangeman in the season finale.

Best of Luck,
Groz

 

[trump tight]

Glad to see that you made a little money on the deal after all. Hedge - Hedge - Hedge.

 

[Groz]

Thanks. I actually took Kansas in the second half to win 60 also. I give Kansas a lot of credit for their comeback.
Going 12-30 from the line and 4-20 from 3 pt. range and still almost pulling it out. McNamara was unreal in the first half. For a guy that is a 90% foul shooter, he didn't even touch the ball in the second half.

Best of Luck,
Groz