Originally Posted by
The Boz
What am I missing RED in regards to a nice profit? What money are you taking, or are you talking about something else over the course of the season? I’m not seeing the hedge opportunity.
Alabama: +110
Georgia: +135
Michigan: +700
Cincinnati: +1400
I’m sure I’m overlooking something here.
I’m a moron, was thinking about this all day and didn’t think of money lines. Looking like Alabama is around -700 ML. Not looking for secrets, but in this case have you calculated the prospective ML if they would beat AL versus both potential opponents? And then try to determine the maximum risk to reward possibilities if they win this week?
Seems that would hurt the potential profit since you are betting less on Alabama this week but would be needed to guarantee a profit. All this has my head going since I’ve never bet much on futures but it’s more of a hedging discussion that can be used in other situations obviously.
By the way, your PM’s are full.