[munson15]

Hedge it out to the extent that you won't second guess yourself. The original bets were good ones, so don't give it all up. Lock in a good solid gain by playing the other side enough to compensate in the event of a loss.

I was in this great position the year the Eagles won the NFC. Had the Eagles at around 30-1, then played NE $ line. Got a little crazy because I thought the Eagles would cover, so I took a little +7 and hit all the way around! Bottom line, I was able to tell my buddies all week when they asked who I liked, "the only way I don't make money on this game is if they cancel it!"

Now that you've asked the question, you must hedge, because if you don't and they lose, you will kick yourself all offseason.