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UConn Athletics
UConn Men's Basketball Forum
UConn future bets. Part 2.
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[QUOTE="Tenspro2002, post: 4947378, member: 889"] Well that one is more straightforward. 30 to win 690 (including the original stake) on UConn, and now there's an offer of "the field" at +155 means you can hedge anywhere from zero through 270 (270 at +155 would have a total payout just shy of 690, which would be in for 300 and out for 690 for a total profit of 390). By the way, you can see here how hedging yourself is cheaper than the cashout. A straightforward DIY hedge gives you a profit of 390, whereas the cashout profit is only 340 (370 - 30). Never cash out. But yes, you could believe that UConn is going to get it done and ride it out, or hedge less. All are options. Note that any non-boosted bet is nominally -EV, so hedging always costs you some EV, though of course it decreases the variance. That's a choice for the bettor. [/QUOTE]
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UConn Athletics
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UConn future bets. Part 2.
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