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Gambling 101
Hedge Plays
Let's say you have 1000 in your account at Heritage Sports.
You love 4 teams and so you put it all on a 4 team parlay - 1000 to win 11000. Your first 3 games are day games and they all win.
Your final game is the Sunday Night NFL game. You have the Rams –3 1/2. Now if the Rams cover you win 11000. If they don't you lose 1000. You basically have the Rams – 3 1/2 1000 to win 11000 (because your other 3 teams won).
Well since you've had some time to think about this since the first 3 games have been over for a while you may not be willing to " make it or break it " for 11000 on just 1 play. Yes you love the Rams but 11000 is a lot of cheese!
You can decide to HEDGE your bet with us playing say 3000 on the Rams opponent + 3 1/2. This way if the Rams lost you would still make 2000 (the 3000 you bet less the 1000 you lose on the parlay). But if the Rams do win you will be plus 7700 (the 11,000 less the 3300 you bet as a Hedge on the Rams opponents). YOU CAN'T LOSE!!!!
Here is the problem with this at other books. If all you had was the 1000 you bet on the 4 teamer you have no credit to bet the 3000 on the Rams opponent.
This is where our IF HEDGE comes in. We do let you bet the opponent for 3000 because if it loses it means you win 11000 on the Rams and you can pay the 3300 on your 3000 win bet. If the Rams lose you win 3000 on that bet.
The above is an example of the many options Heritage Sports offer, where you get more " bang for your buck."
If you have any questions about this page please contact us by e-mail, or call us at 1-800-800-7777.
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