Hedge parlays

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December 2008

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December 28, 2008
8:24pm

Sports Betting Free Picks

Let us take a look at where I am so far

At 3:00pm I placed the following wagers

$100 to net $198.40     2 Team 2nd Level Parlay Hedge Eagles -135 with Jets -140
$50 to net $38.50         2 Team Teaser Level 2 Hedge Eagles +4 ½ with Jets +4
$100 to net $147.10     2 Team Parlay GAT -340 with Northwestern over 66
$100 to net $109.20     2 Team Parlay North Carolina -30 with Rutgers -270
$50 to net $130.00       2 Team Saver Parlay Virginia +7 ½ with Rutgers +32 ½


Here is what I have open

$100 to net $356.80 if Broncos +9 (I missed the tag hedge and they are down 6-24)
$100 to net $141.70 if Northern Illinois -117 wins (down 7-17)
$50 to net $38.50 if LAT +7

Updates for Sunday
-$100.00          2 Team Parlay North Carolina with Rutgers
-$100.00          2 Team Parlay GAT -340
+$130.00         2 Team Saver Parlay Virginia with Rutgers
+$153.20         2 Team Parlay Texans -135
-$50.00            2 Team Hedge Parlay Bears +3
-$100.00          3 Team Parlay Dallas +1 ½
-$50.00            2 Team Saver Parlay Buffalo +205
-$100.00          2 Team Level 2 Hedge Parlay Jets -140
-$50.00            2 Team Teaser Hedge Jets +4
-$266.80 for the day

The real kick in the nuts was missing the tag hedge on the Chargers.  I keep preaching how important it is to make sure you can cover your bets.  At the half and down by 18 there is no way to hedge the Bronco bet.  Same with the college game with my favorite down 7-14 there is no advantage for me.  A quick lesson here is to remember the reason we like to use the 2 team plays is there is less of a chance of missing a hedge opportunity.

I will play the following

$100 to net $129.10 2 Team Parlay Stanford -600 with Northwestern over 66
$100 to net $138.50 2 Team Parlay Rutgers -270 with Rice -135
$50 to net $128.50   2 Team Saver Parlay Texas Tech +9 with NC State +7

Our December bank stands at +$292.00 minus the -$266.80 so far today puts us at $25.20.  I am still positive with a lot of open bets.  I will pray to the gambling Gods for a Bronco strong 2nd half.

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