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-   -   SIMON SAYS! "stop hedging!" (http://archives1.twoplustwo.com/showthread.php?t=251142)

sublime 11-02-2006 06:53 PM

SIMON SAYS! \"stop hedging!\"
 
nice little bit of usefull info from the latest Pinnacle Pulse

[ QUOTE ]
Earlier this year, sharper players backed Baltimore at prices as high as +380 for the division, and as high as +4700 to win the Super bowl. Players on the divisional bet could now scalp the earlier play, but they're not. Our sharper players don't normally tend to hedge winning plays. Newer players are often tempted to hedge bets - i.e., those with +4700 on Baltimore could bet that Baltimore won't make the playoffs (at +290) and play moneyline wagers against the Ravens for the entire postseason. The problem with doing this is that the player is getting juiced on each successive hedge play. A better approach would be to bet a much smaller amount on the future, so that you can avoid hedging.

[/ QUOTE ]

This could be said for parlays/teasers also.


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