Gambling with Stovepipe

I tried, man. Then 2 frustrated ******s started bitching because they can't comprehend the definition nor merits of hedging...

 

The hedge is the contrarian position to the main bet. It's not strange, because I know what the **** I'm talking about, & you're a ****ing simp.
:good

 

Hedging your bets is just a way to cut your profits and usually done by people who don't actually understand where best to use it.

I only hedge bet during spreads, where odds fluctuate based on the performance of the team. I've had an NBA game once where I had 40 on one team, paying out 160 and 40 on another team, paying out 180 based on their respective positions during the game - that's where you hedge, where you're protecting your bet AND making a profit.

As for the poisonous dwarf, lets leave him be - he's got two years on record as a failing better, I don't think we need to say any more about that, before he goes postal and murders his mother for not bringing him cookies in the basement more often.

 

No. It's used everywhere from sports betting to securities trading. & yes, I'm using it to minimize losses. It's called risk management.

 

floyd mayweather-shane mosley.

this could be a very tough fight for floyd. if i had to pick out of the two, then i would have to choose floyd, but regarding this fight, i think the odds on floyd to win is not reasonable, if anything they're underestimating mosley going by the odds. i think the safest bet for this fight is the fight to go past 11 rounds at odds 2/7, and then cover yourself with shane to win by stoppage at odds 8/1. i don't think floyd can stop mosley, he'll have to completely give mosley a proper beating to do that, and i don't think floyd is capable of doing that. i don't expect shane to be able to stop floyd either , but if there is a knockout, then the chances are it'll be shane doing the knockout.

bets worth looking at in my opinions are

over 11 rounds at odds 2/7
cover yourself with
mosley stoppage at odds 8/1

what do you guys think?

 

What is a simp?

 

the bookmaker i was looking at hasn't got that, but if it did, i would be tempted to take it. i don't expect floyd to stop mosley. yes the odds are ****, but i got a feeling this fight could turn out tougher than what the odds make out for floyd, which is why i'm hesitant in taking him at the odds they're offering him. no way should floyd be such a big favourite 2/9 against a fighter of mosley's calibre.

in all honesty, i'll probably skip the betting on this fight as i regard the fight tough, but i'm just offering my opinion on the fight, and what bets i would class as "safer" bets.

if someone is putting smaller money on, and can risk losing that money then i would advice to take floyd to win by decision at odds 1/2. that's the most likely outcome IMO.

 

Your not minimising your loss. If you lose your primary bet then you will lose all your money, because mayweather is not going to get knocked out. What don't you understand about the fact that if you bet on a Mosley decision as your hedge, then maybe you wouldn't make as much money because the odds are not as good... but it is MUCH more likely to happen and you even implied that you think that yourself so i just don't get you.

Are you a day trader? What do you do for a living?

 

Mayweather by any means is really the only outcome worth taking in this fight for me (and the one I took). Mayweather decision (easily the most likely outcome) is too close in odds to the straight win to be worth the risk for my mind.