Quote:
Originally Posted by BSman12
Attn: Microbob
I would be interested in your response to this because I'm a little offended that you suggested I am one of the stupidest members of 2+2 of all time.

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I said it was one of the stupidest things I have read.
If you are hedging against yourself with different odds or to get the odds adjusted then that can indeed help you get better odds for your money. Something like 2.2:1 instead of 2:1 in WCG's case perhaps if he could somehow get the action to come in on him from someone else or if he sets up fake accounts to bet against himself maybe? I don't know.
But the original idea was more along the lines of "Why bet against yourself? Why not bet some of it FOR yourself and therefore lessen your risk?" or some nonsense like that which is NOT the same as trying to get the odds to swing somehow or whatever.
In a straight-odds setup betting $60k for yourself and betting $40k against yourself is EXACTLY THE SAME as just betting $20k for yourself.
He gets to pick how much to bet against himself so whatever amount he's comfortable with is what he does. If he wanted to lessen the risk he doesn't need to bet against himself. He just doesn't need to bet as much in the first place.
LDO.
I honestly can't believe I'm having this conversation but whatever. It's kind of late and I'm not entirely sober and I guess I'm kind of used to explaining the most obvious things in the world to people who somehow aren't quite 'getting it'.