Please help me hedge a bet tonight!

james_steph · Oct 5, 2009

Hi all, i would like to know how to hedge a bet on tonights game.here is my situation.

If minnesota wins by 4 i will win 750.00

if minnesota wins by 4 and goes over 46 i will win 250.00

that totals 1000.00

i would like to know how to hedge to get that 1000.00
payout risking least amount of dollars..

I understand if minnesota covers exactly by 4 im kinda screwed
as a push with my book and i lose both parlay bets.
Just hoping it doesnt land on 4 exactly.

I have never hedged and would love some help and insight.

Thanks guys ....any thoughts would be greatly appreciated.

Both payouts are coming from live parlays and if minnesota
covers by 4 exactly lose both parlays..

2PLAYSMAX · Oct 5, 2009

I'm a little confused bro. How many different parlays do you have pending?

FYI There's a statement they say about letting books hold onto your money overnight too. In other words don't parlay more than one day of action.

PatsFanatic · Oct 5, 2009

list your plays...

james_steph · Oct 5, 2009

i have three parlays going..a 4 way parlay for 25.00 that pays 250.00 if minn covers 4 and a 5 way parlay for 25.00 that pays 500.00 if minn covers 4 and last one i have is a 4 way 25.00 parlay that needs minn to cover 4 and minn over 46 that pays 250.00...... so im just trying to figure out a hedge so i get paid also if green bay decides to cover and it goes under...

PatsFanatic · Oct 5, 2009

The first two parlays are easy. Just bet GB (should be able to get atleast +4.5 now) for however much you want to guarantee yourself. Atlast 50 to cover your initial wagers plus whatever extra you feel is appropriate.

Your third parlay is more difficult because you need two wagers to hit. Its hard to hedge that cause one could hit or neither....

I suggest your book is not a good one that marks pushes a loser on parlays. I have never heard of that but I play with a local, not online. A push on a parlay should cancel that leg of the play and continue with the other legs, just pay out less. Your getting srewed there.

GL with whatever you decide.