View Full Version : Hedging a bet. Need advice.
missouridawg
10-06-2014, 07:58 AM
So I've got a 5 game teaser out that has hit the first four. Last game I have is Seattle -1 (teases from -7). $100 bet to win $400.
Should I put $400 on Washington +7? I could win $800 if Seattle wins by 2,3,4.5, or 6. And break even everywhere else.
Thoughts?
I have the same deal...
Mine is for $50. I have Seattle -1.5
I'm taking Washington for whatever the line is at kick for $75...
Coach34
10-06-2014, 08:48 AM
I'd put 200 on Washington- Guarantees you a win
BhamDawg
10-06-2014, 09:41 AM
Put $125 on the Washington money line. It's +280 right now, so $125 to win $350.
If Washington wins, $350 - $100 teaser = +$250.
If Seattle cover -1, $400 - $125 ML bet = +$275.
If Seattle push -1, your teaser will drop to a 4 team winner, so probably around $250 - $125 ML bet = +$125.
Winner with any outcome and more profit than betting 200 on Washington +7 as coach mentioned.
missouridawg
10-06-2014, 10:31 AM
Put $125 on the Washington money line. It's +280 right now, so $125 to win $350.
If Washington wins, $350 - $100 teaser = +$250.
If Seattle cover -1, $400 - $125 ML bet = +$275.
If Seattle push -1, your teaser will drop to a 4 team winner, so probably around $250 - $125 ML bet = +$125.
Winner with any outcome and more profit than betting 200 on Washington +7 as coach mentioned.
Interesting analysis. I haven't thought about the money line bet. I'll have to run some numbers on it too.
I did, however, just run some numbers on taking Wash +7 with a $300 bet:
- Seattle win by 7 or more = $100 profit ($400 teaser win, $300 Wash +7 loss)
- Seattle wins by 2 through 6 = $700 profit ($400 teaser and $300 Wash +7)
- Seattle wins by 1 = $550 profit ($250 for teaser and $300 for Wash +7)
- Tie or Wash wins - $200 profit ($100 teaser loss and $300 Wash +7 win)
Right now, I'm leaning towards this, as I actually think Wash has a better chance of covering the 7 than Seattle does winning by more than 7.
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