#1
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hedge advise needed
IF LSU wins I have a chance to win a football pool I am in. It cost me 2 units to win 35 units. I win if Ohio State wins their game (Straight up). I would be very happy with 35 units. Should I bet 17.5 units on Florida +7 for a gaurantee 17.5 unit payday with a chance of a 52 unit payday if Ohio State wins by less than 7? Obviosly if they win by more than 7 or lose I only win 17.5 units which I would be happy with as well.
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#2
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Re: hedge advise needed
If you insist on giving up EV by hedging, another option is to bet the Florida moneyline.
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#3
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Re: hedge advise needed
if i bet 10 units to get me +24 units i will win 24 units either way. I would rather try to win the 52.5 units and then only win 17.5 units if Ohio St doesn't win by less than 7
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