Advice

[dink]

I need some sports betting advice from the knowledge base here.

The Rugby league Grand final is on this weekend.

A few weeks ago I placed a $10 on a rubgy team to win the Grand Final, it was paying $15 for the dollar bet.

The final is on this weekend and they are in it. I am set to win $150. If they win.

My question is should I place a hedge bet on the other team so I can't lose. It will reduce my return if my team wins but it will put me in a position to win no matter what.

The other team is paying $1.70 and I am thinking of placing $50 on them to win.

If they win I collect $35. If my team wins I collect $100

should I do this or just hope my team wins and I collect $150?

thoughts would be greatly appreciated.

I know there is a sports betting forum, but I have more respect for the zoo than the sports betting forum.

Dink

[prk]

ABSOLUTELY let it ride! You've only got $10 invested in the bet. If money is a big deal, then hedge it like you asked.

If it were me, I would definetly let it ride!!

[whipsaw]

[ QUOTE ]
I need some sports betting advice from the knowledge base here.

The Rugby league Grand final is on this weekend.

A few weeks ago I placed a $10 on a rubgy team to win the Grand Final, it was paying $15 for the dollar bet.

The final is on this weekend and they are in it. I am set to win $150. If they win.

My question is should I place a hedge bet on the other team so I can't lose. It will reduce my return if my team wins but it will put me in a position to win no matter what.

The other team is paying $1.70 and I am thinking of placing $50 on them to win.

If they win I collect $35. If my team wins I collect $100

should I do this or just hope my team wins and I collect $150?

thoughts would be greatly appreciated.

I know there is a sports betting forum, but I have more respect for the zoo than the sports betting forum.

Dink

[/ QUOTE ]

Hedging gets talked about quite a bit around here, so you might find some good threads by searching the archives. Generally I think the consensus is that hedging is a bad play overall, unless the amount of money you can guarantee yourself to win is a significant amount of money to you. So in other words, if $75 or so is significant to you, then hedge. If not, then sit back and watch the finals and drink beer while you root for your team to bring you some nice green.

My two cents.