A little help

[H1B]

Hi guys,

A good friend of mine is in the lead to win $2100 if Florida can win the game tonight (God, I hope not) and wants to hedge her bet (she gets nothing if OSU wins).

I suggested 2 strategies...

a) Straight Hedge: Bet approx $700 on the money line for OSU (+200) to guarantee a $1400 pay day.

b) Bet $1100 (-110) on OSU +5. It locks in $1000 while at the same time having the upside of $2100 (if Florida wins by 5) or $3100 if Florida wins by 1-4, which is a pretty likely scenario as I see it being a close game.

Anyway, she chose option b. Question 1, are there any other strategies to consider? Question 2, is there anybody who would like to help with the transaction? PM me if you have the ability to deposit funds into an account or if you know how to do it. I'm at a loss here.