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BOZZ

Joined: 02/28/2009

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Posted: 04/06/2025 7:39 AM

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Mute

#1

Question for the Forum: I am in a position to win a March Madness Pool if Houston wins. It’s simple if Houston wins I win 3500 dollars and if they lose I win zero. What should I do to hedge my position?

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TheGame33

Joined: 05/27/2014

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Posted: 04/06/2025 10:50 AM

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#12

Houston will win so leave the bet

catsanddogs

Joined: 01/16/2016

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Posted: 04/06/2025 10:53 AM

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#13

BOZZ said:
What are you going to do Cats and Dogs?

I think Florida wins. That being said I’ll buy Houston for 2-3k.

BOZZ

Joined: 02/28/2009

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Waterboy

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Posted: 04/06/2025 12:24 PM

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#14

Thanks for all your feedback. I think I will do a 1000 on Florida to hedge.

Knightsfarce

Joined: 01/04/2025

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Posted: 04/06/2025 1:39 PM

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#15

If Houston does get a good lead in the game, maybe buy cheap insurance on FL moneyline for rest. I bought Houston ML at 15 :1 to cover Duke bets when they were behind. Was glad I did.

OnTapSportsInc

Joined: 03/02/2025

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Posted: 04/06/2025 1:47 PM

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#16

I’m a supporter of your opinion and my career job is in risk management haha

OnTapSportsInc

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Waterboy

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Posted: 04/06/2025 1:48 PM

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#17

For professordonkey

TheGame33

Joined: 05/27/2014

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Posted: 04/06/2025 1:58 PM

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#18

If I was beside cats and Dogs I would personally recommend him to ask for a refund with that Florida bet. We are all on Houston to win this puppy for F sake.

OnTapSportsInc

Joined: 03/02/2025

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Waterboy

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Posted: 04/06/2025 4:43 PM

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#19

Haha, love it

shaka

Joined: 06/21/2006

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Posted: 04/06/2025 4:50 PM

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#20

BOL Bozz…
Hedge some before…and possibly during the game…

Mayor22

Joined: 02/09/2019

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Posted: 04/06/2025 5:03 PM

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#21

I'd bet 1k on Florida. Then, watch the ingame spreads. If you can get Fla at any point getting 4 or more points I'd make a 500 wager to try and middle. Good luck!!