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rubecube · 11-05-2012, 09:48 AM

Alright, I need some hedging advice. I played a TOTO ticket out here (similar to pools except you have to factor in "ties" where games are decided by 3 points or less). I went 11/12 yesterday, leaving me with the Monday night game. It's not a perfect 13/13, but both 12 and 11 will pay out here.

On average, getting 12 has been paying out $16,675.30. However there have been some outliers. On the low side, 12 paid out $84.45, $331.4, and $478.71. On the high side, it's paid out $82,584.20.

I should be hedging at least $500, right? It's only paying less than a grand 37% of the time.

11-05-2012, 09:48 AM	#282
rubecube Franchise Player Join Date: Mar 2006 Location: Victoria Exp:	Alright, I need some hedging advice. I played a TOTO ticket out here (similar to pools except you have to factor in "ties" where games are decided by 3 points or less). I went 11/12 yesterday, leaving me with the Monday night game. It's not a perfect 13/13, but both 12 and 11 will pay out here. On average, getting 12 has been paying out $16,675.30. However there have been some outliers. On the low side, 12 paid out $84.45, $331.4, and $478.71. On the high side, it's paid out $82,584.20. I should be hedging at least $500, right? It's only paying less than a grand 37% of the time. Last edited by rubecube; 11-05-2012 at 09:51 AM.