Hedge question or opionons
buythehook
Senior Member
I have been riding the ravens the past few weeks. I think they are the Ny giants for this year. Flacco is playing great and I do believe they playing a little harder for ray Lewis.
Yesterday I won 2 dimes with them+ 8 on the game and won 1375 with them on the money line.
Last week before the broncos game, I made a 500 bet for the ravens to win the Superbowl at + 725.
All wagers were placed with a local.
Should I hedge for the Super Bowl or just let it ride.
Any opionons or thoughts would be appreciated!
Yesterday I won 2 dimes with them+ 8 on the game and won 1375 with them on the money line.
Last week before the broncos game, I made a 500 bet for the ravens to win the Superbowl at + 725.
All wagers were placed with a local.
Should I hedge for the Super Bowl or just let it ride.
Any opionons or thoughts would be appreciated!
Comments
Thx for the replies
Figured I'd paste it anyway...
You should not hedge unless any of the following conditions apply...
1. You believe the hedge bet is +EV on its own.
2. You overbet the original side and need to reduce your exposure.
3. You stand to win a life-altering amount of money (this usually only applies in contest or game show type scenarios).
NOTE: This is the mathematically correct answer; psychology is not taken into account. If you're a recreational gambler who wants to hedge to be happier, go for it, just know that the math does not support it unless any of the above conditions are met.
I use 3 different locals and I split this bet with 2 of them, for that specific reason. They had the same pice for that bet, so I thought it would make sense I split it up..
Lolll..don't forget the mayflower moving truck... It's still around Baltimore some where..
Thx bixler
Of course you would, so just ride it, plus you got a little money in your pocket and 500 isn't going to change your life.
I never hedge any of my bets. I just let them ride.
Good luck buddy !
Yeah that's what I'm gonna do...just let it ride.
I may even make a small bet with the ravens+4.
Thx for the input
Good luck!!