Fishhead, what can I do with my 275/1 to win the NFC with the Seahawks ?

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I'm glad everyone is pointing out the hedges to you, but you have to have the money to hedge these bets first. If you don't have the bankroll, you either have to have someone bank you, or bet a lesser amount on the hedge.
 

Nirvana Shill
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I'm glad everyone is pointing out the hedges to you, but you have to have the money to hedge these bets first. If you don't have the bankroll, you either have to have someone bank you, or bet a lesser amount on the hedge.

Who said I didn't have the money ? thats the least of my concerns
 

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I am sitting on a 10 for 3000 ticket at Matchbook. Just no point in hedging it.. and I will usually hedge when I have a profit locked up. In this situation you just can't make much with ML's of -400 Chicago and expected -500 on Atlanta if they make it. Parlay odds on Seattle beating Bears and then Atlanta would be 24 to 1 or more.

Sorry Murhpy but there is no way Atlanta is a 3 or 4 point favorite at home against Seattle. Would be 12 point favorites likely.

i may be off on my assumptions but I find it very hard to believe they would be that high of favorites considering chicago is -450 at -9 and I dont see it being much higher.

ALSO there is a possibility that GB goes into Seattle and then I have no idea what line will be.. but at some point seattle has to gain some respect IF they knock off chicago and had new orleans gone before.

imo they drop vs chicago anyway.. hence why i say to hedge. but its hindsight is all.

-murph
 

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You can use the spread/ML converter at SBR if you want to get an idea of what ML would be attached to a pointspread. Gives you a good starting point. If Atlanta takes care of business against Pack they would be considered a tougher place to play than Chicago. So it would be at least 10 and probably more like 12 to 13 point spread. If Packers win you are right however that Seattle would be much less of an underdog Murph.
 

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I put 60 bucks on the hawks to win the SB 2 weeks ago when they were +20,000

Do a search on my post and you will find it in the NFL fourm.

Anyhow, I now have 16,000 if the hawks win the SB.

The way I have done this so far is to bet a series of 3 team 10 pt teasers with open legs.

Right now i have 1400 risk to win 1625 and the bears @ pk em vs the Hawks. That teaser is compleate and the hawks/bears game is the last leg.

I have another 2100 to win 2375 with the first leg won (Auburn) and the Bears/Hawks as the 2nd leg, I have the Bears as pk. If the Hawks do win out right this weekend, I'll fill in that last leg with either GB or Atlanta.

I then have a 3rd teaser with the first leg as the Bears + 10 which makes them Pk em, and the other 2 legs are open. I'll fill the 2nd leg with either Gb or Atlanta, and have the last leg open for the SB to use how ever I want. That is for 2200 to win 2450.

I spent quite a bit of time looking at this, and I think it was my best bet.

If the hawks make it to the SB I'll be down 5700 in teasers, but have almost 10k to work with in the SB.
 

Nirvana Shill
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Right now I am going in with the idea of trying to do something with live betting and get off to a good start. We'll see after ATL-GB end up whether I play a small ML play of -430 or so
 

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I do agree that seeing if gb knocks off atlanta would be a huge part of your hedge.. cuz if gb would be coming to seattle u must start ur chase this weekend because gb will be on the road again in seattle with a much smaller line than i originally accounted for..

gl man

-murph
 

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Right now I am going in with the idea of trying to do something with live betting and get off to a good start. We'll see after ATL-GB end up whether I play a small ML play of -430 or so


Sharp
 

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Line dropped to 9 1/2.

If you like the idea of a 10 pt teaser with open legs to fill with whom ever the Hawks would play next, this might be a good time to submit the bet.
 

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This place needs more posters like RED EYE..............sharp as a tack and a straigtshooter.
 

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You have about $290 of equity on your $30 bet. I'd say play it game-by game and take Chicago ML ~ -440 to win somewhere between $30 and $320.
 

J-Man Rx NFL Pick 4 Champion for 2005
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What's very interesting is that I bought some Seattle futures at the Las Vegas Hilton just before last weekends games and got Seattle at 300/1 to win the SB and 100/1 to win the NFC. That seemed like a decent wager for a team that was hosting the first round game and could possibly be hosting the NFC Championship games if thing break their way like GB beating Atlanta. Since GB is only a 2 1/2 point dog... This obviously could easily happen.
 

Nirvana Shill
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Line dropped to 9 1/2.

If you like the idea of a 10 pt teaser with open legs to fill with whom ever the Hawks would play next, this might be a good time to submit the bet.

Doesn't that teaser need 3 legs ?
 

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Yes 3 legs.

Now keep in mind, I filled my 1st legs with Aunburn getting ready for this hedge.

So I use the 2nd leg for the Bears. If the the Hawks cover, I use the 3rd leg for either GB or Atlanta.

Also put in ANOTHER 10 pt teaser with the Bears as the 1st leg. this leaves 2 slots for NFC title game and SB if needed.
 

Nirvana Shill
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Yes 3 legs.

Now keep in mind, I filled my 1st legs with Aunburn getting ready for this hedge.

So I use the 2nd leg for the Bears. If the the Hawks cover, I use the 3rd leg for either GB or Atlanta.

Also put in ANOTHER 10 pt teaser with the Bears as the 1st leg. this leaves 2 slots for NFC title game and SB if needed.
Thanks for the info Boat, I only need to win 2 games, just to win NFC
 

schmuck
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what always seems to happen in threads like this is
1) the poster asks a question about his options
2) the responders give many possible hedging
alternatives
3) the original poster shows that he had basically
already decided on what to do and will do it
unless he his strategy is proclaimed by most
to be incredibly stupid.

let me tell you the correct answer.

THERE IS NO CORRECT ANSWER!!

everyone must do what they feel comfortable
with that's in their best financial interest and
within their tolerance for risk. there is no one size fits all
for hedging and locking in equity. i have 2 friends.
they both play futures fairly large and try to get
good value. both are sharp, well-financed, and
very experienced gamblers. one is a nit. the moment
he senses any value on the buyback side, he takes it
and locks in his profit. he would NEVER gamble a future
to get a 100% win or 100% loss. the other friend ends
up with some great future positions in every sport including
horse racing. he always talks about hedging these huge
positions and locking in a profit or at least mimimizing
his loss. he never does. it's not his style nor in his nature
to hedge even though he talks about every time. who is right?
they both are. they are gambling in the way they feel most
comfortable.

red eye, just do what you feel comfortable with. you are in
great position and i hope however you proceed that it
works out for you.
 

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Yes 3 legs.

Now keep in mind, I filled my 1st legs with Aunburn getting ready for this hedge.

So I use the 2nd leg for the Bears. If the the Hawks cover, I use the 3rd leg for either GB or Atlanta.

Also put in ANOTHER 10 pt teaser with the Bears as the 1st leg. this leaves 2 slots for NFC title game and SB if needed.

Wouldn't this teaser be dead if the hawks cover?
 

Nirvana Shill
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Oct 20, 2001
Messages
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what always seems to happen in threads like this is
1) the poster asks a question about his options
2) the responders give many possible hedging
alternatives
3) the original poster shows that he had basically
already decided on what to do and will do it
unless he his strategy is proclaimed by most
to be incredibly stupid.

let me tell you the correct answer.

THERE IS NO CORRECT ANSWER!!

everyone must do what they feel comfortable
with that's in their best financial interest and
within their tolerance for risk. there is no one size fits all
for hedging and locking in equity. i have 2 friends.
they both play futures fairly large and try to get
good value. both are sharp, well-financed, and
very experienced gamblers. one is a nit. the moment
he senses any value on the buyback side, he takes it
and locks in his profit. he would NEVER gamble a future
to get a 100% win or 100% loss. the other friend ends
up with some great future positions in every sport including
horse racing. he always talks about hedging these huge
positions and locking in a profit or at least mimimizing
his loss. he never does. it's not his style nor in his nature
to hedge even though he talks about every time. who is right?
they both are. they are gambling in the way they feel most
comfortable.

red eye, just do what you feel comfortable with. you are in
great position and i hope however you proceed that it
works out for you.
Can't disagree with anything your saying here. I am the guy you are referring to that will make a profit on a good future almost everytime. With that being said, there are some sharp posters in here that I don't mind throwing their 2 cents in, Its possible for me to overlook a good option.
 

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