Comments on: Sports Betting Tips: Should You Hedge A Parlay? http://www.locksmithsportspicks.com/hedge-parlays-010909/ Free handicapping advice and betting tips from the experts. Tue, 16 Mar 2010 18:29:22 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Ed Collinshttp://www.locksmithsportspicks.com/hedge-parlays-010909/comment-page-1/#comment-2473 Ed Collins Wed, 10 Feb 2010 00:13:16 +0000 http://www.locksmithsportspicks.com/?p=5765#comment-2473 If you find yourself in a position to hedge, you've ALREADY made a fundamental error! You should never put yourself in this situation in the first place!You should never add a leg to a 3-team parlay (for example), making it a 4-team parly, if that leg occurs at a later date or time. You're better off just leaving it off the parlay!If you're first three bets win you can always take all of your profit and original stake and then bet it all on that 4th game, if you choose. And you'll make more money that way, than the payout for most 4-team parlays!Or you can "hedge" and bet just a portion of your winnings on that 4th game, guaranteeing yourself a profit. this way you're not paying the vig twice... you make more money.So don't put yourself in this situation.But if you do not take my advice and if you find yourself in a postion to hedge, remember that hedging always comes at a price. Don't give yourself this guaranteed profit now, if it will cost you money in the long run.(Blackjack players who refuse to take "even money" when they have a blackjack against a dealer's Ace know what I'm talking about. Your hand is "worth more" than even money. Hedging your bet, and taking that even money for a "profit" now, costs you money in the long run.) If you find yourself in a position to hedge, you’ve ALREADY made a fundamental error! You should never put yourself in this situation in the first place!

You should never add a leg to a 3-team parlay (for example), making it a 4-team parly, if that leg occurs at a later date or time. You’re better off just leaving it off the parlay!

If you’re first three bets win you can always take all of your profit and original stake and then bet it all on that 4th game, if you choose. And you’ll make more money that way, than the payout for most 4-team parlays!

Or you can “hedge” and bet just a portion of your winnings on that 4th game, guaranteeing yourself a profit. this way you’re not paying the vig twice… you make more money.

So don’t put yourself in this situation.

But if you do not take my advice and if you find yourself in a postion to hedge, remember that hedging always comes at a price. Don’t give yourself this guaranteed profit now, if it will cost you money in the long run.

(Blackjack players who refuse to take “even money” when they have a blackjack against a dealer’s Ace know what I’m talking about. Your hand is “worth more” than even money. Hedging your bet, and taking that even money for a “profit” now, costs you money in the long run.)

]]> By: RPFIGhttp://www.locksmithsportspicks.com/hedge-parlays-010909/comment-page-1/#comment-2326 RPFIG Wed, 09 Dec 2009 06:02:49 +0000 http://www.locksmithsportspicks.com/?p=5765#comment-2326 Regarding the Hedge article: I suggest hedging the amount of your parlay. A four game for $10/100. If you lay $10 against your last game remaining. Profit $89 or lose nothing. It changes a four game to 9/1 but assures no losses.RPFIG Regarding the Hedge article: I suggest hedging the amount of your parlay. A four game for $10/100. If you lay $10 against your last game remaining. Profit $89 or lose nothing. It changes a four game to 9/1 but assures no losses.

RPFIG

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