To Hedge or Not to Hedge

To Hedge or Not to Hedge Bulter wins I win a nice chunk of cash for first place in an bracket pool. Puke wins I win nothing in this pool. Any thoughts or suggestions?
Duke moneyline is the easiest way to hedge it.
yeah im sure itll be outrageous
i am in same exact position. just letting it ride. no way am i laying 350ish.