After a brutal start to my Mizzou over 6.5 Wins bet for $1000 I have a classic gambling hedge situation.. any opinion would be appreciated:
Wager: Mizzou over 6.5 +110, ($1000 bet wins $1100) Mizzou has 6 wins now
@arky Friday +12 ML +350 some shops
What would you do as far as hedging goes? Middle big? ML? Both? Nothing?
A- Hedge $466 on Arkansas +350 returns $633.35 regardless of outcome.
B- Bet $1000 on Arkansas +12 for the middle shot of winning $2000 or losing near $0.
C- do nothing take your 87% chance of winning $1000.
D- other.
Wager: Mizzou over 6.5 +110, ($1000 bet wins $1100) Mizzou has 6 wins now
@arky Friday +12 ML +350 some shops
What would you do as far as hedging goes? Middle big? ML? Both? Nothing?
A- Hedge $466 on Arkansas +350 returns $633.35 regardless of outcome.
B- Bet $1000 on Arkansas +12 for the middle shot of winning $2000 or losing near $0.
C- do nothing take your 87% chance of winning $1000.
D- other.