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Old 06-06-2014, 02:07 PM
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jms62 jms62 is offline
Saratoga
 
Join Date: Mar 2007
Posts: 19,762
Default Chrome Hedge

So I get a call from a panicked acquaintance who I see once a year at Fantasy Football Draft. Seems before the Preakness he bet someone that California Chrome would not win the Triple Crown. He gets 300 bucks if he doesn't and is out to lose 800 if he does. He basically told me he is looking to spend a Grand to hedge. He thought he could hedge in the place and show pools. I told him he was nuts. I told him to suck it up because many horses win the first 2 legs , this is where the heavy lifting starts. Does anyone see a playable hedge here, I certainly do not.. LOL
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