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re: Guy could win $95K on $5 Sportsbook.com parlay if the Panthers cover tonight
Posted on 11/10/14 at 2:17 pm to tween the hedges
Posted on 11/10/14 at 2:17 pm to tween the hedges
quote:
And pray for the push
Does he not lose both bets then?
2
Posted on 11/10/14 at 2:17 pm to okietiger
I could not produce that much cash in one day... Would have to let it ride
Posted on 11/10/14 at 2:18 pm to Augustus
On his hedge bet: is there any way he could tease the spread and have a chance to win both?
Posted on 11/10/14 at 2:19 pm to Augustus
So we're all in agreement that he should hedge, correct?
Now here comes the real question- how much?
I would be really tempted to take Philly ML in an attempt to middle...
Now here comes the real question- how much?
I would be really tempted to take Philly ML in an attempt to middle...
Posted on 11/10/14 at 2:19 pm to The Easter Bunny
No....if you push a parlay it just bumps it down to the next level. So he'd get paid on a 14 parlay and get his 40k returned. I dont know how much more a 15 team parlay pays than a 14
Posted on 11/10/14 at 2:23 pm to barry
There's a good chance this guy didn't hit his 14th bet until last night during the Packers game. It's not like he's had time to coordinate and pack his shite to hop on a plane. Honestly, this is more than likely some shmuck who lucked out and got hot at the right time. The only people I know of who put $5 on a 15 teamer are freshmen in college who just started gambling looking to make it big
Wouldn't be surprised if this dude hedges with $500
Wouldn't be surprised if this dude hedges with $500
Posted on 11/10/14 at 2:27 pm to Oxford
As someone who knows nothing about sports betting can y'all explain what a hedge is?
Posted on 11/10/14 at 2:28 pm to Augustus
So wouldnt he want to hedge the frick out of this?
Posted on 11/10/14 at 2:29 pm to Byron Bojangles III
Rather than risk winning nothing if the Panthers don't cover, the guy would put $40K on the Eagles to cover to guarantee that he wins something. (or whatever the right amount would be to maximize his winnings)
This post was edited on 11/10/14 at 2:31 pm
Posted on 11/10/14 at 2:30 pm to DaBeerz
quote:
I could not produce that much cash in one day... Would have to let it ride
You dont have to produce 40k. You literally hedge that bet with whatever you can get your hands on. If all he can get is 10k, then thats it.
Posted on 11/10/14 at 2:30 pm to Byron Bojangles III
quote:
As someone who knows nothing about sports betting can y'all explain what a hedge is?
He wins 95k if the Panthers cover, so puts a set amount of money on the Eagles to win with the points such as 40k
He then wins 80k if the eagles win, and 95k of the panthers cover.
There could be middle ground where he wins both bets depending on the lines.
Posted on 11/10/14 at 2:31 pm to Byron Bojangles III
quote:
As someone who knows nothing about sports betting can y'all explain what a hedge is?
You put a bet on the other side to guarantee a win.
So if Panther hit +7 he gets 95k.
He should now make a bet of the Eagles at - 6.5 at 40k for example.
If panthers cover, he wins 95k - 40k for a winning of a guaranteed 45k
If the Eagles cover he wins 40k
Gauranteed money at this point
Posted on 11/10/14 at 2:32 pm to Byron Bojangles III
quote:
As someone who knows nothing about sports betting can y'all explain what a hedge is?
Since the parlay is looking to win 95K if the Panthers cover +7, you bet half of the expected return against that (Eagles - 7), so that you have 47.5K no matter the outcome of tonight's game.
This post was edited on 11/10/14 at 2:53 pm
Posted on 11/10/14 at 2:33 pm to lsuhunt555
quote:
You dont have to produce 40k. You literally hedge that bet with whatever you can get your hands on
Exactly, you put in a call to every person you know. You fricking pawn your dog if you need to.
Posted on 11/10/14 at 2:35 pm to barry
I don't think my own dad would lend me the money. He is so anti-gambling that it would be impossible to convince him it was a lock. 
Posted on 11/10/14 at 2:36 pm to barry
I'm sure there are people that loan money for large hedges like this in Vegas.
Posted on 11/10/14 at 2:36 pm to Augustus
My buddy out $100 on the Royals when they were 100-1 and hedged the WS. Cashed out right around $5000.
Posted on 11/10/14 at 2:37 pm to lsu480
Are you gonna hedge your bet with Lester?
Posted on 11/10/14 at 2:37 pm to barry
quote:
You fricking pawn your dog if you need to.
Whore ones self out to as many fat chicks as possible between the end of the CHI-GB game and kickoff of the PHI-CAR game.
Posted on 11/10/14 at 2:37 pm to lsu480
Smart friend you have. A lot of people feel invincible and don't make the right move.
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