Two Plus Two Newer Archives

Two Plus Two Newer Archives (http://archives1.twoplustwo.com/index.php)
-   Sports Betting (http://archives1.twoplustwo.com/forumdisplay.php?f=42)
-   -   noob hedge question (http://archives1.twoplustwo.com/showthread.php?t=526706)

allaboutmyfetti 10-19-2007 04:50 PM

noob hedge question
 
All, sorry this is a super n00b question. I've never bet on sports and I don't know the terms or lingo that well.

My buddy has offered to give me OAK+2.5 (i think the vegas lines are something like OAK -2.5) line b/c he wants to prove that he hates the raiders. He's only willing to bet up to $100.

Now being that this is such a jump from vegas lines, what's the best hedge I can do that will maximize my value here (reducing all risk would be ideal).

LogistX 10-19-2007 06:02 PM

Re: noob hedge question
 
Bet $100 on the KC moneyline which wsex lists as +120 (bet $100 to win $120). If the Raiders win, you break even. If KC wins by 3 or more, you net $20 (win $120 from a sportsbook, lose $100 to your friend). If KC wins by 1 or 2, you win $220. You probably shouldn't screw your friend tho. Just have him bet the KC moneyline!

See the arbitrage stuff from the FAQ for more info.

calmB4storm 10-19-2007 06:05 PM

Re: noob hedge question
 
http://www.youtube.com/watch?v=ODdGhOOUOpI
(Don't Hedge)


All times are GMT -4. The time now is 01:08 PM.

Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.