Dude your bike is worth more than a new tire.
The only time I would patch is a small nail hole or if I were stuck in the middle of nowhere and had to get out.
A new rear is a lot cheaper than having a sudden blow out and replacing bike parts due to a crash.
2013 Ducati Hypermotard SP, 2011 Husaberg FE570S, 2011 BMW S1000RR, 2010 BMW F800GS
2007 Husqvarna TE610 , 2003 KTM 525 MXC