Quote:
Originally Posted by buccobaseball24
Why would you hedge out later? That's even more -ev than simply locking in a profit when you make the first bet.
I don't understand what you're saying.
You see a price that's off market. Everyone has -110/-110 but you can find somewhere that shows +115/-125. Your normal bet size is around $100. So instead of just betting $100 or $120 on the +115, you're saying to bet $500 at +115, then wait and hedge out later? Or bet $500 at +115 and then like 350 at -110? Either way I fail to see how you make more money than just betting at the off market price. Any additional bets cut into your EV unless they are off market as well, ie you can get +115 and then like +101 or even +100 which would be neutral for you.
So unless you are clearing a bonus, I would want to see a clear example of this. I would lay about 10000/1 that you won't give one and will just reply by calling me names. Maybe someone else can help me.
I'm not gonna spoon feed you the answer because no one did it for me, but seriously its not very hard to figure out. Its very very easy.
