Should I hedge my bets on Spurs?

[Jimcs50]

Ok, I don't want to seem like a bad fan, but I'm thinking from a good business sense perspective.

Back around the 1st of April, I made two bets on Spurs.

$100 to win $400 on Spurs to win the Western Conference title

$100 to win $1000 for them to win the NBA championship.

Last night, a buddy of mine(who is loaded) who loves the Thunder was telling me how Spurs do not have a chance, blah blah blah...so I told him that if he was so confident, he should give me the same 4-1 odds on Spurs winning series, that I got 7 weeks ago.....low and behold, he gave me the same $100 to win $400 bet. :king

Ok , now if SA wins series against Thunder I win $800, and a good chance to pick up another $1000 in the championship game, if they lose, I lose the $200, plus the $100 I have bet on the championship for a loss of $300.

I just went to my betting site and here are odds in Thunder-Spurs series:

May 27 881 THUNDER SERIES +145
8:30 PM 882 SPURS SERIES -175


Now my question to you guys is, would I be a bad fan to bet $200 on Thunder to win $290 in order to guarantee that I am "free rolling"?

I would lose the $300, but gain back $290 if Thunder win.

If Spurs win, I lose the $200, but win $800 and have great chance to pick up another grand in Championship for a profit of $1600.


So I lose $10 or win $1600.

What do you guys think?

[housious]

Of course you should hedge your bet. Not even a question.

[davidbowie]

i bet a 1000 on the spurs to win the championship at the start of the year

[Jimcs50]

i bet a 1000 on the spurs to win the championship at the start of the year

You should definitely hedge

[J.T.]

Do it. Money is money so cover your ass. GNSF will probably call you a homo or something, but most of their posts are virtually invisible to me anyway.

[Yuixafun]

You would be a bad fan.

For shame.

But not a dumb one.

[Jimcs50]

You would be a bad fan.

For shame.

But not a dumb one.

:p:

[EJFischer]

Um, yes. Obviously.

[Jimcs50]

May 22 - 8:00 PM 7002 ODDS TO WIN THE 2011-2012 NBA CHAMPIONSHIP BOSTON CELTICS +700
May 22 - 8:00 PM 7011 ODDS TO WIN THE 2011-2012 NBA CHAMPIONSHIP INDIANA PACERS +1800
May 22 - 8:00 PM 7015 ODDS TO WIN THE 2011-2012 NBA CHAMPIONSHIP MIAMI HEAT +200
May 22 - 8:00 PM 7021 ODDS TO WIN THE 2011-2012 NBA CHAMPIONSHIP OKLAHOMA CITY THUNDER +225 May 22 - 8:00 PM 7023 ODDS TO WIN THE 2011-2012 NBA CHAMPIONSHIP PHILADELPHIA SIXERS +8500

Even better I should bet on Thunder to win it all. I get a better price, and I would think that if they can beat Spurs, they would be a lock to win it all.

[Paranoid Pop]

I would think that if they can beat Spurs, they would be a lock to win it all.

Yes 100%, just like last year winner of the Miami/Chicago series was a lock to win.

[flipspursfan]

Hedge

[Paranoid Pop]

You should never bet on teams/fighter you support tbh.

[Jimcs50]

You should never bet on teams/fighter you support tbh.

Usually I lose betting on my teams, but I have to admit, I've been banking on Spurs this year. They have covered spread a lot.

[jhfenton]

Hedge away. I would.

[024]

yes, always hedge.

[wildbill2u]

Ok, I don't want to seem like a bad fan, but I'm thinking from a good business sense perspective.

Back around the 1st of April, I made two bets on Spurs.

$100 to win $400 on Spurs to win the Western Conference title

$100 to win $1000 for them to win the NBA championship.

Last night, a buddy of mine(who is loaded) who loves the Thunder was telling me how Spurs do not have a chance, blah blah blah...so I told him that if he was so confident, he should give me the same 4-1 odds on Spurs winning series, that I got 7 weeks ago.....low and behold, he gave me the same $100 to win $400 bet. :king

Ok , now if SA wins series against Thunder I win $800, and a good chance to pick up another $1000 in the championship game, if they lose, I lose the $200, plus the $100 I have bet on the championship for a loss of $300.

I just went to my betting site and here are odds in Thunder-Spurs series:

May 27 881 THUNDER SERIES +145
8:30 PM 882 SPURS SERIES -175


Now my question to you guys is, would I be a bad fan to bet $200 on Thunder to win $290 in order to guarantee that I am "free rolling"?

I would lose the $300, but gain back $290 if Thunder win.

If Spurs win, I lose the $200, but win $800 and have great chance to pick up another grand in Championship for a profit of $1600.


So I lose $10 or win $1600.

What do you guys think?

I would have thought you could have gotten better odds way back in April. The smart move is to Hedge the bets if you can do it.

[Jimcs50]

Glad I waited some.

Odds just got better for me. :toast

May 27 881 THUNDER SERIES +150
8:30 PM 882 SPURS SERIES -180


Ok, thanks for your imput, I'm going to do it. Hope I lose. :p:

[Slomo]

You betting on an OKC win is always good for the Spurs.

Otherwise I agree with the bad, but not dumb fan.

[Jimcs50]

Ok, I just bet $150, just could not bet $200 on Thunder.......I feel so dirty now.

:p:


Ticket#:8248xxx
May 23 07:00 PM
INTERNET / -1 Apr 05 11:39 AM
PROP
ODDS TO WIN THE WESTERN CONFERENCE
[7076] SAN ANTONIO SPURS +400

100 / 400

Ticket#:8626xxx
May 22 08:00 PM
MARCO2 / 7001 May 21 01:05 PM
PROP
ODDS TO WIN THE 2011-2012 NBA CHAMPIONSHIP
[7024] SAN ANTONIO SPURS ML+1000

100 / 1000

Ticket#:8634xxx
May 27 08:30 PM
INTERNET / -1 May 22 03:10 PM
NBA
STRAIGHT BET
[881] THUNDER SERIES +150

150 / 225

[Jimcs50]

You betting on an OKC win is always good for the Spurs.

:lol


You're right, I never thought of my jinxing capabilities....The Thunder fans should have pooled their money and just given my a few hundred just so I would not bet on them.

:p:

[Trainwreck2100]

hedge with okc winning it all