I just won a contest that gives me $1,000, but with a ten times rollover!
Geez, if I wager the $10,000 and go 50/50,
I lose $500. Any good strategies to protect the principal?
Other than picking winners and going better than 50% of course!
Try to grab some middles?
It would take 10 weeks picking 10 games at $100 a game before I could cash out whatever I ended up with.
Maybe I shouldn't rush it and just bet $25 or $50 even if it takes me until the Final 4 to make $10,000 worth of wagers.
If I go $100 a game, one bad week and I'll lose most of it.
Thanks!
Geez, if I wager the $10,000 and go 50/50,
I lose $500. Any good strategies to protect the principal?
Other than picking winners and going better than 50% of course!
Try to grab some middles?
It would take 10 weeks picking 10 games at $100 a game before I could cash out whatever I ended up with.
Maybe I shouldn't rush it and just bet $25 or $50 even if it takes me until the Final 4 to make $10,000 worth of wagers.
If I go $100 a game, one bad week and I'll lose most of it.
Thanks!
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