Memphis

[SniperSB23]

Originally Posted by Scav

So lets revisit. Obviously we know the outcome and what happened, but should I have hedged. Reason I ask is that yesterday I was very confident, I liked my position and honestly, I went against what I normally do.

When I am at the track, and lets say I played a $10 P3 and I am alive to two horses in the final leg, both favorites, and I am collecting $800 and $1000 on those two live horses, I have $60 invested into the ticket. I will take another $40 or $90 and spread it in the race that will improve my odds of making money, say be positive at least $100.

I guess it really depends on where you are at in a multitude of situations(financially, mentally), but I could have gotten +110 last night, with $200 invested, and invested another $500, and been guaranteed either $1600 (900 profit) or $1050(350 profit)

Just the other side of the coin, but looking at these numbers, I still think I did the right thing....

If you could have got +120 it would have been worth the hedge since you'd have been hedging and getting value on Kansas. At +105 or +110 though, I think you did the right thing as painful as it turned out.