Oh, it's Saturday.
Could shop this.
Wishing everybody a good one out there.
I know all of you out there are taking in your college football.
So I'm sorry to come in here and talk about things that you might not want to talk about You might not want to talk about, but that's okay.
We're gonna talk about some sports betting.
Um, it's good not gonna be around college football, but hopefully there'll be some value.
We're talking about sports betting as it relates to bet Slip.
I have open right now.
Three other day if you watch the show from Friday.
It was the bet slip that I put out that I was talking about that I loved.
And we're gonna talk about where that's been and where it's going and what's what.
The possibilities are with the bet slip.
Because it's a living, breathing thing.
People think Oh, I make a bet and that's it.
No, not necessarily.
So that's what we're gonna talk about.
And so, if you remember, uh, if you washed you tuned in to yesterday's show.
I put forth a U s open final rounds.
We had the men's semifinals, and we still have coming up right now.
Three women's final. Okay.
And the best lip was a combination play combination played, meaning all three have to come through.
And if they all come through, then there it iss right there.
It ISS So the combination play was the following.
We said we want there just to win the match.
Well, not just to win toe win the match, you idiot.
Um and hey, that was an exciting one.
He went down two sets to love on Ben came back and won the final three sets to take it.
It's fair of was the one that really should have won easily.
He made it a little bit more exciting, but really, in the end, he handled those last three sets without too much stress.
Okay, um, that was one match up.
The second one was Medvedev team.
I really am proud of the call here because it was even even call if you were taking this independently.
Individually, you're just taking this matchup.
It was a coin toss, and I really like team here.
I thought even more than liking Zverev against Busta.
That matchup seems to be more lopsided for Sparrows, but and maybe that is unbelievable.
But team is just playing unbelievable tennis.
I think he's the best player in the world right now and he's kind of like I said like Nadal in terms of the way he's just so mentally strong, mentally tough Medvedev as good as he is and I thought he played an extraordinary matchup considering Hey does have the ability to get in his head a little bit and we saw that throughout the match.
But maybe that did do well.
He lost in straight sets, but if you look at what happened, he lost going into tiebreakers, every set I must have.
I mean, normally you'd expect Medvedev to break down maybe after that but he fought till the end.
Andi played a great match but team was just better with straight set.
That leaves us with this last play okay that we took yesterday that had to come through Azarenka against Osaka in the final.
I talked about how I really like Azarenka.
I know Osaka's Cruise through and she's been playing great tennis.
But Azarenka, coming into this final has just taken out not only Williams, who everybody's talking about, but Martin's, who had crushed Kenan, who's arguably one of the best players in the world.
She just dismantle her and she made Mertens looked like a baby.
Um And so I think that even though as rank is a 30 years old, you know, and Osaka is much younger, I think that as a rank at this age actually has the perfect ability to be perfectly fit.
She looks fantastic and maturity wise.
I think that she's this is a matchup that she should take.
Eso we have Azarenka here.
The interesting thing about it, the interesting thing about this match up is that Azarenka is on underdog.
Okay? She's an underdog.
Um, if you If you If you take Azarenka, you're taking the underdog here.
You can see here plus 1 37.
So if you took this matchup just on its own, you'd be getting paid at the time.
When I put this ticket in your risking 100 to 137 to take Azarenka.
So Osaka is the favorite.
So here we sit One day later.
The first two guys have come through and we're looking at a ticket that pays about 5.
5 times right, risking one to make 5.5 times.
It's crazy ticket, and here we have.
The only thing that stands in between us and victory is Azarenka.
She just needs to win.
But having said that, like I said, sports betting, living and breathing, there are options to do.
There's three idea of saying Okay, maybe I can actually do something here to reduce my risk, to mitigate my risk or to reduce it entirely, or to our about in some way right and figure out a way.
Thio lock in profits if I want.
No matter what, there are those options to be had.
And so just to present this ahead of the final a Knop shin that you could do here is yeah, So for every 100 you're risking your winning $545.
That's amazing, but Azarenka doesn't win. You lose $100.
What you could do now is what you could do is you could look at the matchup on its own right, and here's the matchup.
Osaka is one set minus 1 75 toe win this match up.
Okay, so you're risking $175 to 100 if you want.
What you could dio is you could say Okay, right now, let's put $175 down on Osaka for every $175 that we put down toe win.
Okay, so now if Osaka wins the match, we went $100 but we're out.
$175 were out $175 but we win $100 in Osaka wins.
So we $100? Okay, if Osaka loses the match were out $175.
We've lost 100 $75.
But remember the original ticket? We've won $545.
Okay, so there is this option right now to hedge out, to hedge out.
One way you could do it is you could just say Okay, I'm gonna take Osaka toe win.
I'm gonna risk 175 and I'm gonna win 100 for Saca wins.
Great, then that means that theater play lost.
They neutralize each other, and I have no downside risk.
Now, in this situation, I've reduced any risk that have to zero In the worst case scenario, Osaka winds with this bet.
And, um, if she wins, then I went 100 and, um, I lose my original bet of 100.
And so they're square.
I've eliminated my initial risk.
What I could do also is I could bet, you know, um, put a little bit more money on Osaka, right? I could I could say, for every I want 1 $200 in Osaka, so I'd have to risk.
Right? Um, I'd have to risk.
Okay, $350 to win. 200.
Okay, so then, if Osaka wins that I went $200.
If she loses, then I lose 350.
But remember, I have the original ticket, which is paying me 5. 45.
Right? So in this case, I'm locking in profit of $100 on one side or $200 about right.
$195 on the other side.
So these are the options that you have to keep it simple to keep it simple because I want to keep it simple.
We're going into this match up.
Here's the original ticket.
If Azarenka wins and I don't do anything, then I win $545 for every $100 I wrist, I win 500.
Amazing, right? 5.
5 times. Almost.
What? I could dio keep it as simple as possible.
What I could do.
It's a Let me go to this ticket Here, let me put down Ah $175 on Osaka risk to win 100.
If Osaka wins the match, then I win $100 right? I went $100 but I lose my initial ticket.
But I lose my initial ticket of $100 risk.
And so there is.
I have no risk to the downside if Osaka winds So Theory journal Bet that I had 100 at risk on this ticket is now offset by this ticket.
And so if Osaka wins, then again I have no risk if I if I do this three only thing that happens if I do this is that because I put down 175.
If Azarenka happens, toe win and I do this hedge then I reduce my pay out.
$575 right? So I'm getting now 3.
7 times my money as opposed to 5.
45 times my money in this case if I hedge out.
So if I hedge out in this case for this matchup, if I decided, want hedge out and just have no risk to the downside and I would take Osaka risking 175 to 100 if Osaka wins, then I win their 100.
But I lose on my initial play 100 so they just scratch out.
So there's no risk anymore.
If, as a ranker wins with that hedge outplay, then I'm getting paid out.
Still a great amount of money, right? 3.
7 times, right, because it's the 5 45 that I would have one.
But then I hedged out at 100 minus 1 75.
So 5 45 minus the 1 75 takes you down to 3 70.
So I'm getting paid out 3.
7 times my money so some could argue that the spark play to do here.
The smart money play here is that I have this ticket that's paying out 5.
But I could reduce the risk here that I had initially $100 a risk by taking Osaka on a hedge.
And by doing that, then I reduce my ultimate parent if it Azarenka wins to 3.
7 times on this ticket, right, as opposed to 5.
So that is a possibility that I have here to say I'm gonna watch this final.
Now if I want to take that hedge and at least know that I have no downside risk the ticket that I put a hunt risk 100 yesterday to win 5 45.
Now I have no risk on that 100 because it's been offset if Osaka wins with the 100 that I'm gonna win there.
But if I do the hedge and Azarenka does win as I want it to happen, then instead of getting paid out 5.
45 I get paid out 3 70.
Okay, so there's a lot that you can do here with these tickets that you could be smart about, that sports markets are markets, not just gambling and betting that you could actually be smart about it.
With things like this, you could do this with football, right? As long as there's a third matchup that comes in your ticket on your combination play, that's a different time or second match up.
You can do things like that you can are about.
You could hedge right again.
There is the other option that you could do where you put a little bit more money on Osaka and then you're locking in profits no matter what.
So there is that case where with this ticket right now, I could then reduce my odds.
Mawr Right on Azarenka winning.
Um, if she wins and then only get paid out a smaller amount, let's say like $200 but also locked in $100 of Osaka went so on both sides. I'm winning.
It's kind of like an arbitrage eso that's that's that's an option to I'm not going to say you know what? You know, if you took this ticket what you should do, we shouldn't dio I might just go for it.
Azarenka! Now what I'm gonna do is I'm actually gonna take what I said The simple example.
Which is the hedge out, which is the hedge out in case Sokka wins? Then I've reduced my initial exposure.
Osaka wins because I've taken that bed for a hedged out.
I took Osaka at minus 1 75.
So now if Osaka winds than I have one, the 100 here.
But I've also lost 100 here, so it's a scratch on that.
So I never had any money at risk.
But if Azarenka wins with that hedge, okay, instead of getting paid out 5 45 I get 3 70.
That's pretty good, too.
So that's what I'm gonna do here with this.
I think that's the best play to go.
That's the way that I would recommend going.
Also. That's what I recommend doing.
I'm not gonna say what I'm doing, but that's what I recommend.
Doing okay on a little bit of a lesson and what you can do with sports betting and hedging with your bet slips and being able to kind of generate maybe, ah, little bit more Alfa.
A little bit less by hedging, reducing risk, reducing exposure, offsetting risk on blocking in profits and doing some cool things with your tickets.
So that's it for now.
I hope you enjoy this.
And market punks is on Monday to Thursday.
We're here with hopefully some good, valuable insights.
Uh, and then we're on weekends if they're attractive tickets.
So right now, we're gonna go watch this U S.
Open final, maybe catching college football, and then maybe, Maybe, just maybe, we'll be back with a ticket for NFL for NFL Sunday.
We'll see how that goes.
Um, and with that, we'll fade out with everybody. A good one.