In Reply to: Re: Betting futures is not a bad wager. posted by SehornBlew on January 12, 2025 at 12:15:00
A win is a win. And the benefit to betting a favorite is not as good as other options. There is great value far into the season that nobody pays attention to. I got the Lions at 6.5-1 and now they are the betting favorites at 3 to 1. I put that bet down on Oct 31.
The Chiefs bet works out because that was a hedge only. Now I make a little more than 50.00 bucks if the Chiefs win by getting them early.
And if the Lions make the super bowl I will have plenty of room to hedge another team if it's not the Chiefs and still make 500-600 if I decide to do so.