4.8 • 687 Ratings
🗓️ 8 December 2021
⏱️ 15 minutes
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0:00.0 | What's up, guys, Rick here with one of the most unique aspects of golf wagering, one of the things that presents itself every single week. |
0:16.9 | And one of the things I get more questions about than any other topic and it's hedging. |
0:23.9 | So in this video, we are going to cover what is hedging. |
0:27.7 | Why should you do it? |
0:29.0 | When should you do it? |
0:30.1 | How can you do it? |
0:31.4 | There are some ways that are better than others. |
0:33.3 | And it's a unique scenario in golf unlike any other sports. |
0:37.3 | So we have to make sure we get this right. |
0:39.5 | Let's jump into it. |
0:40.6 | Very simply, let's start with what is hedging. |
0:43.6 | Hedging a bet is really just making a secondary bet based on the outcome of a primary bet |
0:52.3 | to ensure yourself a profit or to lessen your risk in situations. |
0:58.5 | I'll give you a very tangible example. |
1:01.6 | And I think some of our better examples come from other sports, not in golf. |
1:06.0 | Let's start with an NFL example, because this is the easiest one to understand. |
1:12.6 | And then we can work our way from there. Let's say that you have bet $100 on the Arizona Cardinals before the season starts |
1:18.4 | to win the Super Bowl. The odds that you get are 35 to 1. If that ticket cashes, if the Arizona |
1:26.1 | Cardinals win the Super Bowl, you're going to make a profit of $3,500. |
1:32.1 | Very, very simple, right? |
1:33.4 | So as the season goes along and you're seeing, wow, the Cardinals are pretty good. |
1:37.3 | They're going to make the playoffs. |
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