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Hedge betting by using one wager to offset the “negative probabilities” of another wager is just not smart betting on a crap game. But when playing the don’t pass line for a bet with a max lay of , if the point is a 4 or 10, is it wise to hedge this bet with a hard 4 or 10? Bill P.Hedge betting by using one wager to offset the “negative probabilities” of another wager is just not smart betting on a crap game....

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” Not only can a hedge betting system NOT beat a game like craps, but it also won’t even dent the house edge. As of this morning Clinton is even to take the presidency and Rubio is -150 to Trump’s +160.” Not only can a hedge betting system NOT beat a game like craps, but it also won’t even dent the house edge....

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The logic here is analogous to diversifying your investment portfolio by buying bonds to “protect” against losses that you might experience in the stock market. But the odds are all over the place with Paddy Power favoring Trump at 1/6 and Rubio 4/1, while Betfair is ranking Trump, Kasich, Rubio and Cruz. Usually, though, both investments won’t go south on you simultaneously....

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Are bookies better at predicting elections than the national polls? That question has yes and no answers, and to our knowledge has never been determined by a recognized and scientifically controlled study. “I want to hedge my bets. But the odds are all over the place with Paddy Power favoring Trump at 1/6 and Rubio 4/1, while Betfair is ranking Trump, Kasich, Rubio and Cruz....

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But the odds are all over the place with Paddy Power favoring Trump at 1/6 and Rubio 4/1, while Betfair is ranking Trump, Kasich, Rubio and Cruz.You can’t, Bill, have it both ways. What you are doing is taking a high-house-edge bet on the hard 4 or 10 (the hard 4 and 10 carry a casino advantage of 11....