Need Help With A Hedge Please

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Waving Goodbye
Joined
Nov 18, 2008
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I have the following 2 parlays pending with one game left on each

1.$200 to win $2037 with Orlando (+240) to go
2. $75 to win $1009 with Orlando (+6) to go

Am I thinking correctly that I should bet the Lakers ML for about $500
(-280) Risking $1400???

If the lakers win by 1,2,3,4,5 I middle with the 2nd parlay and net $1309
If Orlando wins outright I win $1646

If the Lakers win by more than 6, I win $125

ALso, does anyone think this line goes down?? or should I just bet it now

Thanks in advance
 

New member
Joined
Dec 14, 2006
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I would try and middle it like you said. I think lakers win the game, but hopefully by 5 or less
 

New member
Joined
Jan 20, 2006
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Your call

Choices are do you want to
1. Let it ride as was perhaps your thought when you
made the wager, or
2. When you made the wager, you hoped to be in this position
to hedge.
3. If hedging is your answer, then 2 choices, recoup your
investment, let the rest go, or hedge the max to lock in
the maximum.

No one can make the call, but you
good luck
 

Up & Under
Joined
Feb 15, 2007
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it is up to u but if i had the same situation i think that i would bet 75 on lakers -6... and then bet 560 ML lakers.....that way u break even only if the lakers cover...any other out come u make money and have the possibility of making 2k plus if magic win out right....and if they don't u still make some paper
 

New member
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May 16, 2009
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Put 500 on the Lakers minus 6. Let the other one ride. Your losing all value once you lay -280.

500 on LAL -6, guarantees a net 400 dollars for that parlay. And a net 200 if you lose the other parlay.

If the Magic win outright, you win 2500.

Either way, up to you, depends on how much you need the cash. The other options are good too.
 

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