Help with Hedging a Parlay

[4KingAceHole]

217 St. Louis Rams v Arizona Cardinals Total UNDER 45
219 New York Giants v Seattle Seahawks Total OVER 43
223 Denver Broncos v New England Patriots Points New England Patriots -6.5

Total 300.00 to win 1,800.00

First two bets are clear, what is my move now?

[TheRover]

don't hedge. or hedge and never bet this type of parlay again. or both.

[sfwusc]

If you are going to hedge it I would look at Bodog for Denver plus +7 -115 or any book with Denver +7. If you don't have funds in Neteller then depositing at Bodog will get you a 20% bonus sign up or (10% reload).


Assuming Sign up bonus
You could deposit $714 in to bodog and receive $856.80 bet it on Denver +7 at -115.

If Denver stays within 6.5 or wins you will get a little over 1600 at Bodog with 142.80 bonus dollars to clear. You can do that at the poker room or just withdraw and lose them.

If NE wins by 7.5 or more then your parlay will win you 1600.

If NE wins by 7 (which isnt supper likely you will) win one and push the other.

I can refer you to bodog if you want or you can search for a better line.

This assumes you want to fully hedge.

I hope the math is right, so please check it in excel.

Good Luck,
SFWUSC

[SunOfBeach]

Why not just bet 800 on the Broncos + 7? Then, if the Pats cover, you win 1300-800=500, if the Broncos cover you win 800-vig-300=about 450 or whatever (giving you a slight lean to the Pats side, which matches your worldview), and if the game lands on exactly 7, you pocket the whole shabang of 1300?

After this, I agree with OP. Don't bet these crazy things any more...