how to hedge this?

[outstanding]

ok so i only have $400 left in my 5dimes account so i'm just going to throw it on a parlay.

was wondering how i'd hedge this assuming tonight and tomorrow go well.



Wager type : Parlay
Select #1 : Canadian Football
Toronto Argonauts 7/12/2007 7:00:01 PM - (EST)
Spread -3 -110 for Game

Select #2 : Canadian Football
Winnipeg Blue Bombers 7/13/2007 7:00:01 PM - (EST)
Money Line -190 for Game

Select #3 : Canadian Football
B.C. Lions 7/13/2007 10:00:01 PM - (EST)
Spread +3½ -110 for Game

Select #4 : Canadian Football
Montreal Alouettes 7/14/2007 7:00:01 PM - (EST)
Spread -3 -200 for Game

Amount : Risking 411.63 To Win 2,981.07 USD

 

[Santacapper]

depends how the +3 on Hamilton will pay on Saturday IMO... whether its worth it to middle etc etc...

 

[Fondybadger]

Trick Question
You wouldn't be able to hedge it as you'd have all of your available funds tied up in the parlay.

 

[Santacapper]

lol, that was my first thought, but then figured other accounts,:eyes:

 

[outstanding]

haha yeah im going to thegreek

 

[outstanding]

-110 for Game
-190 for Game
-110 for Game
-200 for Game

how would i calculate that into a +

 

[Santacapper]

are you asking how the parlay odds are calculated Outstanding? kind of confused with the ?

 

[NickelAndDimer]

-110 for Game
-190 for Game
-110 for Game
-200 for Game

how would i calculate that into a +

http://www.parlaycalculator.com/

$100 bet with those odds would get you $734.43 back

 

[Fondybadger]

If you get through the first 3 games we'll discuss what amount you'd place on the dog at +180 or whatever in game 4. You should be able to clear $1500 or more if you get through the first 3.

 

[outstanding]

are you asking how the parlay odds are calculated Outstanding? kind of confused with the ?

no no
shit i dont know how to explain it

but for example if you bet a 2 teamer at like -200 and -140 the parlay turns the odds into +120 for example
3 teamer might become +300, etc

just wondering based on the odds i played, what the + money was

 

[whoispittsnogle]

ur risking 411.63 to win 2981.07

so that's risking 100 to win 724.21

so it's +724?

 

[outstanding]

ahh so 2981/4.11

 

[outstanding]

awww boo
oh well
new beginnings at thegreek!

 

[whoispittsnogle]

that sucks bro i bet montreal hits too...:hang:

 

[outstanding]

hahaha yeah thats the thing