Hedging...

Hedging... I loved the Giants over Dallas on Monday and actually overbet them +3.5 -110, figuring I could buy back some of this when the line moved to something like Dallas -3 +100 when the bettors realized just how much better the Giants are than the Cowboys and the smart money came pouring in on the Giants. But, apparently the squares were betting Dallas because they were at home on Monday Night and in a "must win" situation. I was wrong about the line moving and was stuck with too much money on the Giants +3.5. I could do nothing but watch and sweat it out. But then a glorious opportunity presented itself. At the half, I could get Dallas +6 for the second half. This protected my over investment on the Giants +3' for the game and also provided an opportunity for the big middle. Note that I did not think Dallas +6 in the second half was a bad bet. I was confident that the Giants would let up and that Dallas might score in garbage time. Well, it worked beautifully and I scooped everything. Life = Good Prof Meyer

I wound up doing the same thing although I got only +5.5. The line rocketed up so fast, that I just sat back and waited, and let the public have their fun.

[QUOTE=Bagiant1;31023]I wound up doing the same thing although I got only +5.5. The line rocketed up so fast, that I just sat back and waited, and let the public have their fun.[/QUOTE] It reminded me of Dan Aykroyd and Eddie Murphy waiting for the price of Orange Juice to max out in Trading Places. Of course, we were a bit fortunate to get the 2nd Half win. I don't think I would have played it if I hadn't bet too much on the Giants. I already loaded up on the Panther +3 at -105 in preparation of that one moving. Prof M.

[QUOTE=Prof Meyer;30950]I loved the Giants over Dallas on Monday and actually overbet them +3.5 -110, figuring I could buy back some of this when the line moved to something like Dallas -3 +100 when the bettors realized just how much better the Giants are than the Cowboys and the smart money came pouring in on the Giants. But, apparently the squares were betting Dallas because they were at home on Monday Night and in a "must win" situation. I was wrong about the line moving and was stuck with too much money on the Giants +3.5. I could do nothing but watch and sweat it out. But then a glorious opportunity presented itself. At the half, I could get Dallas +6 for the second half. This protected my over investment on the Giants +3' for the game and also provided an opportunity for the big middle. Note that I did not think Dallas +6 in the second half was a bad bet. I was confident that the Giants would let up and that Dallas might score in garbage time. Well, it worked beautifully and I scooped everything. Life = Good Prof Meyer[/QUOTE] The best play I made all year was the in game during the first half with the Cowboys leading 20-14 and about to kick off. Romo was in the locker room and the in game wagering had made the line Dallas -6, -1.20. I took the giants b/c it hadn't been confirmed Romo was out of the game but watching him lay there I had a strong opinion he was done. Of course the juiciest trades seem to end up working out like that as they have the foggiest information. Either way though, at that time in the game, NY Giants had been dominating statistically 250-50 yards of offense so I had a number of outs at that point in time...

[QUOTE=johnnetto;31131]The best play I made all year was the in game during the first half with the Cowboys leading 20-14 and about to kick off. Romo was in the locker room and the in game wagering had made the line Dallas -6, -1.20. I took the giants b/c it hadn't been confirmed Romo was out of the game but watching him lay there I had a strong opinion he was done. Of course the juiciest trades seem to end up working out like that as they have the foggiest information. Either way though, at that time in the game, NY Giants had been dominating statistically 250-50 yards of offense so I had a number of outs at that point in time...[/QUOTE]\ As Steve Fezzik recently said, it's a donk-fest out there. Intelligent, diligent and quick-thinking sports bettors have a number of opportunities. The Sports Betting Market is not an efficient one. Nice Play. Prof M.