Good way to guarantee yourself $$$...hedging

[Snowman]

I guarantee myself good $$$ every so often when I hit a parlay. Here is my parlay for today.

Date placed:
Dec 10, 2006 12:18a 5 Team Parlay #57208635
Football - NFL Lines (Game)
WEEK 14
(207) Minnesota Vikings +1 Sun@1:00p
Competitor: (208) Detroit Lions

Football - NFL Lines (Game)
WEEK 14
(209) Tennessee Titans -1 Sun@1:00p
Competitor: (210) Houston Texans

Football - NFL Lines (Game)
WEEK 14
(225) Green Bay Packers +175 Sun@4:05p
Competitor: (226) San Francisco 49ers

Football - NFL Lines (Game)
WEEK 14
(215) Buffalo Bills +170 Sun@4:15p
Competitor: (216) New York Jets

Football - NFL Lines (Game)
WEEK 14
(231) Chicago Bears -280 Mon@8:35p
Competitor: (232) St. Louis Rams


Risk $6.50 to win $232.22

I have already hedged this bet and took the St. Louis money line before it goes up too high and goes off the board. If I would have had enough in my bodog account I would have layed St Louis +7 and hoped to hit both. But I made it either way I am going to win good money.

I always try to pick a 3-4 team parlay but I always put the Monday night game favorite on the money line so if I hit other plays I can load up on the underdog money line. Very easy way to make big $$$

[skippy]

Or you could've dropped the Monday night game and cash immediately.

That way, you risk $6 to win about $200.

By hedging, your profit will be less than $200.

[Snowman]

Originally Posted by skippy

Or you could've dropped the Monday night game and cash immediately.

That way, you risk $6 to win about $200.

By hedging, your profit will be less than $200.

Please explain further Skippy...I didn't know you could drop an online bet.

[skippy]

Originally Posted by Snowman

Please explain further Skippy...I didn't know you could drop an online bet.

LOL.....you CANNOT drop an online bet.

I meant.....you could've played a parlay without the Monday night game, and you would've been an instant winner.

Presently, you stand to collect $232.
By hedging, you are reducing your profit.

With $232 at stake, how much are you willing to hedge???

[Snowman]

Originally Posted by skippy

LOL.....you CANNOT drop an online bet.

I meant.....you could've played a parlay without the Monday night game, and you would've been an instant winner.

Presently, you stand to collect $232.
By hedging, you are reducing your profit.

With $232 at stake, how much are you willing to hedge???

Well right now if Chicago would lose I wouldnt win anything. So I layed 50 on St. louis which will return me $125 so I either win $125 or $232. I just have a bad feeling on the Bears tomorrow so I am guaranteed to win either $125 or $180 on a $6 bet.

[skippy]

Originally Posted by Snowman

Well right now if Chicago would lose I wouldnt win anything. So I layed 50 on St. louis which will return me $125 so I either win $125 or $232. I just have a bad feeling on the Bears tomorrow so I am guaranteed to win either $125 or $180.

Great.....its not worthwhile to hedge to win half of 232.

Do an uneven hedge like you are doing and hope to win the 180.