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harizen
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September 23, 2023, 11:44:35 PM
 #21

Looking for advice here. I don’t have enough funds to hedge. I also don’t want to cash out because I believe the parlay will win. Where can I get a loan to hedge with at least $50,000? Let me know what you would do. I think I’ll let it ride.

Don't make your problem too complicated. I doubt our response here will really help you.

It's not about you believing that you might nailed your parlay but what choice do you have?

Instead, you might probably end up being regrettable again for your decision. If you can't catch up with your current problem, cash out. Solved.

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goinmerry
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September 23, 2023, 11:47:57 PM
 #22

If I were in your situation right now, I would go for the option with the guaranteed bigger win rather than continuing and potentially reducing the winnings. Sometimes, we need to be content because pursuing too much can sometimes result in disappointment and regret.

What if the parlay won't win? OP might not be able to sleep for several days and aside from that, he will think too about how to pay the loan. Even the parlay is almost close on winning, there's a chance that the last parlay let might spoiled the fun and ruined everything. Since OP is having a problem on hedging the funds, what's the sense of still continuing the bet? I suggest to just cash it out and that will make his bankroll more healthy and just start another parlay.

OP please update us on what will happened to your final decision.
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September 23, 2023, 11:59:46 PM
Last edit: September 24, 2023, 12:10:10 AM by Slow death
 #23

Your proposal doesn't make any sense, unless you have become a person dependent on gambling, in other words, you have become addicted to gambling. If you made a multibet bet then you only have 2 options which are: wait for your bet to finish and see if you won or lost or cancel your bet and withdraw the money that you have already managed to win with the games you have won. These are your only 2 options. At this point, you have already managed to get many bets right, and you only placed a little money, so you already have a lot of profit and it would not be any disadvantage or harm if you cancel your bet and keep the profit you have already achieved.

but you will hardly do that, you will not cancel your bet because you are a gambling addict and the more money you win, the more it will be a loss for you because it will make you stay playing for much longer, and when you don't win and lose you will be left with Too much regret and you'll start borrowing money to play more, because you think you can make a lot of money at any time, the problem with your thinking is that when you can't get someone to give you loans then you'll start selling all your assets to continue playing because you think you will win a lot of money, there will come a time when all the people in the real world will move away from you due to your greed and not being able to control yourself in games of chance, be very careful on your path. when a player doesn't know when to stop, and when he is already serious

a player should know when to stop or have limits on his winnings, a player should not be too greedy, a player should know that there is no such thing as being invincible in the betting world, I saw people who made multibet bets with 20 teams or more and they thought like this: I have to get it right in every game and win a lot of money. but I would ask you: if you have already got 17 games right and only 4 games left and you have already got the odds of 60.00 right and with the amount of money you have won so far you are fine, why don't you cancel your bets and keep the money you already have? you won, and he responded aggressively that he couldn't, he had to win the remaining games, he ended up losing. Do you know what was the most irritating part of all this? When he lost everything, he would come and ask me to borrow money. I was irritated by this, that's when I realized that the guy was already addicted

That's why I stopped talking about gambling with him and I walked away from him, even when he tried to talk about gambling with me, I told him that I don't do sports betting anymore, that was the only way I saw for him to stop gambling because That's not taking you in the right direction

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September 24, 2023, 01:00:04 AM
 #24


Looking for advice here. I don’t have enough funds to hedge. I also don’t want to cash out because I believe the parlay will win. Where can I get a loan to hedge with at least $50,000? Let me know what you would do. I think I’ll let it ride.

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You'll have no luck asking for loans here we discourage loans from being used for gambling, we know gambling is risky because there is no certainty in gambling even if you're 100% sure of your bets your winnings are already good and I don't thnk there is someone here who can loan you with that huge amount, that's too much money and you are really deep in gambling.
Like all the others here its better to withdraw and enjoy your earnings. sometimes we need to take a rest and enjoy the best things in life.

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September 24, 2023, 01:53:18 AM
 #25

You will only get that kind of amount from loan sharks whose interest are high so all the profits that you will make from the remaining of the parlay will just be eaten by the interest. Cash it out and you won't lose anything plus you don't have any debts from anyone, all of it will be your take-home prize.
Don't be consumed by greed, that's a lot of money for just a $2 bet and you cannot get it from working months on a day job or, for less fortunate even a year will not be enough for them to make that large amount.
If I were in your position I'd take it, if ever I made a wrong decision and it hits then I won't care, move on, try another parlay and maybe you will be lucky again. Do the same thing over and over until you reach whatever is the amount on your mind for withdrawal.

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September 24, 2023, 07:00:50 AM
 #26

If I see that there is already a profit from each bet, I will take the profit and end the bet even though the match is not finished. We have to be able to look at the situation and in @OP's situation, I think he has no other choice but to take his profits and place another bet instead of borrowing money from someone else. After all, everything could change before the game ended and if he could use the moment to withdraw his money, it would be better for him to make his profit. Don't chase bigger wins if you don't have a good position to do so. But I'm not sure he can get loan money from here but maybe he can get it elsewhere. I wonder what happened to @OP.

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September 24, 2023, 07:06:01 AM
 #27

Cash out is really good idée , 96.000$ its good no ?
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September 24, 2023, 07:11:36 AM
 #28


Looking for advice here. I don’t have enough funds to hedge. I also don’t want to cash out because I believe the parlay will win. Where can I get a loan to hedge with at least $50,000? Let me know what you would do. I think I’ll let it ride.


I don't think there are short term loans for gambling in the size you are looking for. 50,000 usd is a lot of money and without collateral nobody is going to give the money. If this is all your money and don't have anymore to hedge your bets, why not just cash out? This is still a nice return and you can just start looking for new bets. Don't lose it all, especially if it was all your money.
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