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#21 |
Banned
Male Join Date: Apr 2013
Location: Arkansas
Posts: 558
CockyCash: 500 ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
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#22 |
1st Team All-SEC
Male Join Date: Jun 2005
Location: St Tammany Parish, La
Posts: 4,981
CockyCash: 3078670 ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
![]() Yeah it would just be a matter of how much coin he could get together to place the bet. I think the money line was -330 for FSU so he would need a significant chunk of change to get a good return, but no risk. Obviously he would have to be an idiot to hedge with the spread, just saying would have been funny as s**t if he did and ended up losing twice. We are talking about an Auburn fan so anything is possible.
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"Some people believe football is a matter of life and death, I am very disappointed with that attitude. I can assure you it is much, much more important than that." Bill Shankly, YNWA! |
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#23 |
Stop slow blinking at me
Male Join Date: Dec 2009
Location: Charleston, SC
Posts: 1,434
CockyCash: 50242 ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
![]() That isn't a hedge, he would have had to ML it to hedge it.
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#24 |
Stop slow blinking at me
Male Join Date: Dec 2009
Location: Charleston, SC
Posts: 1,434
CockyCash: 50242 ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
![]() I see 50/1. look around a little before you place it
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#25 |
1st Team All-SEC
Male Join Date: Jun 2005
Location: St Tammany Parish, La
Posts: 4,981
CockyCash: 3078670 ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
![]() Damn ya'll are nitpicky today, but I guess I'll play along. By strict definition, “to hedge” means to reduce one’s risk of loss (a bet or speculation) by compensating transactions on the other side. Placing money on the spread would still be hedge just not a very good one, because you are reducing the risk of loss. A money line bet would eliminate the risk of loss, but of course that would require the money up front to place the money line bet. In this case he probablly would have needed about $77,000 to guarantee a win of about $23,000.
__________________
"Some people believe football is a matter of life and death, I am very disappointed with that attitude. I can assure you it is much, much more important than that." Bill Shankly, YNWA! |
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#26 |
Supports Open Carry
Male Join Date: May 2012
Location: York County
Posts: 312
CockyCash: 90309787 ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
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