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re: Would you hedge this bet
Posted on 6/20/12 at 4:21 pm to bobbyray21
Posted on 6/20/12 at 4:21 pm to bobbyray21
quote:
The idea is to never let the third option happen. Or at least minimize it as much as possible.
My favorite bet is this: The rolling bet.
CFB: Choose a game on Thursday, Friday, AM Sat, Mid-day Sat and Even Sat.
Bet $110 on Thursday CFB game.
Win $110 bet on Thursday, bet $220 on Friday.
Win $220 bet on Friday, bet $440 on AM Sat game.
Win $440 bet on AM Sat game, bet $880 on Mid-day Sat game.
Win $880 bet on Mid-day Sat game, bet $1600 on PM Sat.
Win $3200 on PM Sat game. Party.
I've done it a couple of times. Last year, I bet $50 on the Pats on Monday night, by Saturday evening, I had $2400 riding on Oklahoma St vs Tulsa.
This post was edited on 6/20/12 at 4:22 pm
1
Posted on 6/20/12 at 5:30 pm to LSUAlum2001
quote:
My favorite bet is this: The rolling bet.
CFB: Choose a game on Thursday, Friday, AM Sat, Mid-day Sat and Even Sat.
Bet $110 on Thursday CFB game.
Win $110 bet on Thursday, bet $220 on Friday.
Win $220 bet on Friday, bet $440 on AM Sat game.
Win $440 bet on AM Sat game, bet $880 on Mid-day Sat game.
Win $880 bet on Mid-day Sat game, bet $1600 on PM Sat.
Win $3200 on PM Sat game. Party.
So you have two optons:
1. you lost 110
2. you made a bundle.
But, let's be honest, option #1 is probably going to happen about 97 times out of 100.
How many times have you actually won on this rolling bet of yours?
This is essentially just a 5-game parlay. It's different in theory, but, practically speaking, it isn't much different than a 5 game parlay.
This post was edited on 6/20/12 at 5:32 pm
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