2% max recommended unless otherwise noted. 1% max recommended for soccer.
For those holding the UNC 100 to 1 ticket recommended last month, I recommend a slight hedge by taking Kansas in the final (should be close to even money or slight Kansas favorite) to guarantee yourself a profit. If you hedge it well, you can lock in a very big profit. An example:
$100 on 100-to-1 pays out at $10,000
A $2,000 bet on Kansas would pay back about $1600.
If Kansas wins, you made a $1500 net profit on $2100 risked; if UNC wins, you make a $8,000 profit on $2100 risked. Either way, a guaranteed winner. Of course, if you want to just roll with the 100-to-1 for fun, then do that.
New York Mayor Democratic Primary Update
Well, things are getting interesting.
Most of the polls up until now have shown Andrew Cuomo with a clear lead but today Emerson dropped a poll with Cuomo narrowly leading Mamdani on a first pass but after all the rounds of ranked choice voting had Mamdani ahead of Cuomo by 4. When this poll came out Cuomo's price took a plunge from mid 60s to mid 30. Later in the day a poll from HarrisX / Fix The City came out with Cuomo winning comfortable. Many are skeptical of the poll because of its crosstabs. Nonetheless, Cuomo rebounded and now both candidates are close to 50c each with the election day being tomorrow.
This has been a difficult race to read. Mamdani's momentum seems to be everywhere now, almost to an absurdly astroturfed extent. At the same time, his momentum seems to be primarily among affluent whites who are very vocal online whereas Cuomo hasn't really had a ground game but has been blitzing the TV networks. Cuomo is also polling better ...