I have $50 to win $850 on the Vikings to win the Super Bowl. I think I'm going to let it ride against the Saints and then hedge if they make the Super Bowl. Thoughts?
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01-23-10 10:18 AM #1
When do I hedge my Vikings future?
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01-23-10 10:33 AM #2
If you like the Vikings, let it ride the whole way. Hedging is only to reduce variance if you can't afford to lose your EV.
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01-23-10 10:52 AM #3
why not throw 50 on the saints? If the vikes win you are still on your way to a good payday, even the saints win you cancelled out your future wager.
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01-23-10 10:57 AM #4
Hmmm looks like you have a tough choice sir.
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01-23-10 10:58 AM #5
Or counter it with Minny ML
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01-23-10 12:53 PM #6
Originally Posted by soxwin
There is no way to hedge your bet without losing something
if you take No -3 1/2 and they win by 2 you lose $105
if you take No ml and Minn wins you lose $85 and then maybe $50
sit tight and let it ride this way you can only lose $50
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01-23-10 12:58 PM #7
Leave hedging for the stock market..
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