Wow!!!
http://m.espn.go.com/ncf/story?storyId=10251632&src=desktop
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http://m.espn.go.com/ncf/story?storyId=10251632&src=desktop
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Would you hedge your bet? barner loses 50K
- Thread starter bamanut_aj
- Start date
Re: Would you hedge your vet? barner loses 50K
In a yankee minute! Betting is business, rooting for your team is fun. Don't ever confuse the two or gets damn expensive as the Aubie just experienced. Hedge bets in situations like his are nothing more than an insurance policy.
In a yankee minute! Betting is business, rooting for your team is fun. Don't ever confuse the two or gets damn expensive as the Aubie just experienced. Hedge bets in situations like his are nothing more than an insurance policy.
Re: Would you hedge your vet? barner loses 50K
Absolutely! Why take the chance when you have a guaranteed winner?
Re: Would you hedge your vet? barner loses 50K
It's the main reason I stay away from Bama games. Gotta make sure you keep your heart out of it. Could not have given up that much cash opportunity even for my Tide.
It's the main reason I stay away from Bama games. Gotta make sure you keep your heart out of it. Could not have given up that much cash opportunity even for my Tide.
Re: Would you hedge your vet? barner loses 50K
Smart gamblers don't let emotion enter the picture. I would have hedged it in two seconds.
Smart gamblers don't let emotion enter the picture. I would have hedged it in two seconds.
Re: Would you hedge your vet? barner loses 50K
It depends on how much money you have in your checking account. I know of someone who has $100M in a checking account earning 55 basis points so $50k is not much so why not have fun with house money and let it ride. To me however, I would hedge at my income level. It is all relative.
It depends on how much money you have in your checking account. I know of someone who has $100M in a checking account earning 55 basis points so $50k is not much so why not have fun with house money and let it ride. To me however, I would hedge at my income level. It is all relative.
Guys, he didn't bet and lose $50K.....he only bet $100. They payout would have been $50K.........
Right. But he had a free $20K-ish payout no matter who won, had he hedged. That's the point.
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Stupid decision on his part, but so much of fanhood is sheer irrational thought and behavior anyway such that it's not really surprising. And a lot of other people would have done just what he did, more than would otherwise be willing to admit.
Re: Would you hedge your vet? barner loses 50K
An Aubie fool and his money are parted! Maybe Toomer's Drugs will give him a jug of lemonade to ice his marbles......
A guy from our part of the state won $10,000 on a $100 bet that Auburn would win the SEC championship. When I heard someone had bet on Auburn winning the NC I thought it probably was the same individual.
I would imagine he might have hedged some at halftime. The article stated he flew to Vegas to watch it at a sportsbook. Hedging at -400 is step, but hedging your bet on FSU +9 second half would have been a no brainer. I imagine he put some down to cover his trip cost.
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