Thread: Chrome Hedge
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  #7  
Old 06-06-2014, 02:37 PM
robfla robfla is offline
Calder Race Course
 
Join Date: Mar 2007
Location: Strategically between Calder and Gulfstream
Posts: 1,892
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why would someone spend a grand to hedge a max potential 800 loss vs 300 gain?

I say ride it out

To me, the only possible scenario is to bet $300 to win on CC....still not a good bet, but only thing possible to me

if he wins he gets back about $260-$340 from the $800 he loses

If CC loses, he breaks even
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