The purpose of hedging NFL futures is to set up a two way middle for the playoffs.
Let’s say you bet Kansas City to win the Super Bowl. The possibility of them reaching the playoffs and having home field advantage is not an uncommon prediction. The Chiefs are + 550 right now to go all the way. In their first game of the playoffs we do not have to lay points. That a huge advantage for us; obviously.
Let’s say their first opponent is Miami Dolphins. The line could be Chiefs -7.5. Here’s our game situation. We have the Chiefs at Even for $550 and then we bet the Dolphins at +7.5 for $550.
Our goal is the middle the bets and win both. If the final score is:
Chiefs 27-Miami 20, (or anything in between), we win the Miami money for $550 and our Chiefs bet moves on and we do the same thing in our second playoff game having the Chiefs.
Hedging bets is something that is talked about more than it is understood. It’s also a concept that can be very profitable because it can easily be used in ways that correctly
impacts your bottom line.
As far as NFL futures, I’m recommending a few bets that as division winners, should have home field advantage(s). It’s not impossible to imagine these teams in the playoffs and having home field.
San Francisco +800
We should be able to hit middles with these as they most likely will have home field advantage of which we have all four team at pick ‘em.
Additionally, as you begin to understand the concept then you also can see that you could do the same thing by betting on a game and hedging the bet with in-game betting. The opportunity to make a guaranteed profit happens surprisingly often, and even if that doesn’t work out quite right you can often limit the size of your loss by hedging.
So, with hedging we can limit our losses and often guarantee a profit. Sounds perfect, doesn’t it? Well, since it seems to good to be true there are obviously some downsides to hedging.
The first is that you often have to act fairly quick to be sure to get the right price. Hedging can be a bit confusing to think about when you are first doing it, so it is easy to make a mistake when you are working fast. And you must work your bets in a fast quick time element on game days.
Hedging and in-game betting is very popular but especially for Super Bowl futures.