2% max recommended unless otherwise noted. 1% max recommended for soccer.
For those exploring this method of betting, it's been quite a run, as 4 of the 6 future tickets still alive at the elite 8, with 1 guaranteed to be in the final 4. As usual, if you can sell the tickets on exchanges or otherwise, I recommend it. Another means to hedge is to put a small bet on the opposing team (e.g., Villanova or St. Peters) to lock in a profit on the futures ticket. Current price of futures tickets:
Duke 12 to 1 (now increased 3-fold in value to 4 to 1)
UCLA 30 to 1 (now out; more than doubled in value before last night's game)
Illinois 35 to 1 (gone)
Houston 40 to 1 (now increased more than 10-fold in value, to 3 to 1)
Arkansas 50 to 1 (now increased 5-fold in value, to 10 to 1)
UNC 100 to 1 (now increased more than 15-fold in value to 6 to 1)
Profit on these, if measured like stocks, is a 500% rate of return in just a month's time.
*Note: the pick is for the team listed first, in all caps. For MLB the pick is for that team to win the game on the money line. For the game total pick, the pick is for both teams combined score to finish UNDER that total for the game. For the college football picks, the pick if listed by a PLUS sign is for that team to NOT lost by more than that margin; e.g., at +13.5, the pick is for that team to either win or not lose by 14 or more. The % listed in front of each pick is the recommended MAXIMUM percentage of your bankroll -- the amount you have set aside for the year to use for trading/betting on prediction markets/sportsbooks to placer on that particular pick. The listed line is the targeted line that is available in the markets; the "ok to" is if you cannot find that line, it is ok to take the pick up to that point; e.g., if it says "ok to -130" that means it's ok to take as long as it's not higher than -130 (e.g., -135) or if it says "ok to +13" that means it's ok at any spread +13 or ...