ST Alpha - "I bet $5. Can cash out at $45. If they win it’s $95" (Reading a Post)

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In response to "What’s the cash out and what’s the full value? -- nm" by Will Hunting

I bet $5. Can cash out at $45. If they win it’s $95

Posted by Volnelk Mar 27 '23, 17:28

So do I just take the $45 and bet on UConn or whoever I want going forward with cash in hand?

Or

Let that bet ride but bet on the Miami moneyline so that if my UConn bet loses, the Miami bet wins? The problem there is it isn’t a true hedge since there are two games to go not one.

I’m leaning toward cashing it out.

Responses:

8-1 cash out is still pretty good—anything that is more than doubled your original bet is awesome -- nm - Flavorize Mar 27, 17:37 2
- Right. Though 18-1 would be pretty cool too. But I figure take the money and bet it on something else. -- nm - Volnelk Mar 27, 17:48 1
  - nobody ever went broke taking a profit. -- nm - Reagen Mar 27, 18:44

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I bet $5. Can cash out at $45. If they win it’s $95

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