Help with a bet. I'm an idiot and made a mistake

[foxfox1]

I accidentally bet $1100 on the Steelers against Dolphins coming up. I can't undo the bet, so I wanted to hedge against my current bet, eating the cost of the juice. Here's the current situation

I have:

Steelers -4.5 for $1100 to win $1028.

What would be the best way to was this bet away? I realize I'm going to be eating some juice(?) expenses. A speedy response would be appreciated. Thanks a lot.

[foxfox1]

This is on the Mansion promo. I accidentally placed my first bet on the Sports Exchange instead of the Sportsbook. I just want to wipe it out.

[mak15]

bet the amount on the dolphins that will win 1100.

[Homer]

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bet the amount on the dolphins that will win 1100.

[/ QUOTE ]

This is good if he thinks the Dolphins will cover. If not, he'll still be taking on risk ($0 net if the Dolphins cover and something like -$200 if the Steelers cover).

[mak15]

[ QUOTE ]
[ QUOTE ]
bet the amount on the dolphins that will win 1100.

[/ QUOTE ]

This is good if he thinks the Dolphins will cover. If not, he'll still be taking on risk ($0 net if the Dolphins cover and something like -$200 if the Steelers cover).

[/ QUOTE ]

ya, but if he's also taking the steelers in the mansion promotion, he's still winning 800ish if the steelers cover.

[Homer]

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
bet the amount on the dolphins that will win 1100.

[/ QUOTE ]

This is good if he thinks the Dolphins will cover. If not, he'll still be taking on risk ($0 net if the Dolphins cover and something like -$200 if the Steelers cover).

[/ QUOTE ]

ya, but if he's also taking the steelers in the mansion promotion, he's still winning 800ish if the steelers cover.

[/ QUOTE ]

He is not getting the promotion as he accidentally made the bet in the sports exchange.

p.s. - Even if he was simply trying to hedge his winnings on the promotion, he would not want to bet an amount on Miami that would win $1100. The calcs for this are different than for a straight cash bonus (this is essentially a freeplay bonus).

[Homer]

[ QUOTE ]
I accidentally bet $1100 on the Steelers against Dolphins coming up. I can't undo the bet, so I wanted to hedge against my current bet, eating the cost of the juice. Here's the current situation

I have:

Steelers -4.5 for $1100 to win $1028.

What would be the best way to was this bet away? I realize I'm going to be eating some juice(?) expenses. A speedy response would be appreciated. Thanks a lot.

[/ QUOTE ]

Betting $1143 on Miami +4.5 -116 at Pinnacle will cause you to lose $115 regardless of the outcome of the game. If you can find a book with Miami +4.5 -110, bet $1115 and lose $87.

-- Homer

[foxfox1]

I am still going to be placing a bet on the Steelers in the Sportsbook, so I am still eligible for the promotion, I just want to eliminate as much risk as possible for my error with my bet on the Exchange. Is there an easy way for finding the right Spread?? Is there 1 website that compares various sportsbooks spreads?

[Homer]

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I am still going to be placing a bet on the Steelers in the Sportsbook, so I am still eligible for the promotion, I just want to eliminate as much risk as possible for my error with my bet on the Exchange. Is there an easy way for finding the right Spread?? Is there 1 website that compares various sportsbooks spreads?

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sbrlines.com

Most will have Miami +4 and won't let you move the line, so you could get polish middled. Pinnacle is probably your best bet.

[crackhead]

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... Is there 1 website that compares various sportsbooks spreads?...

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check out vegasinsider.com - they've got a feature that shows you the line from various books all side by side for comparison. BOTH Vegas and offshore...