Quote:
Originally Posted by jms62
So I get a call from a panicked acquaintance who I see once a year at Fantasy Football Draft. Seems before the Preakness he bet someone that California Chrome would not win the Triple Crown. He gets 300 bucks if he doesn't and is out to lose 800 if he does. He basically told me he is looking to spend a Grand to hedge. He thought he could hedge in the place and show pools. I told him he was nuts. I told him to suck it up because many horses win the first 2 legs , this is where the heavy lifting starts. Does anyone see a playable hedge here, I certainly do not.. LOL
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So he wants to hedge on a -267 wager? Sounds like a smart guy.
Just theoretically if I were going to do something that dumb, I'd play a Pick 4 with Chrome singled and hope to get bombs in the first three legs.