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It’s a gambler’s dream come true with plenty of opportunities.New Hampshire offers particularly good variables for a gambling, rather than fact-based bettor. “I want a priest, a rabbi and a Protestant clergyman,” he managed to flash back....

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Here you have the Independent voter who can vote as a Republican or Democrat and that adds some chaos to a mix that already holds the free radical game changing Donald Trump. 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. “I want to hedge my bets....

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But if you followed trusted lines rather than most of the polls in the 2012 presidential race you knew the results well ahead of November 4th – much to the chagrin of the losing side. 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. There is also enough variance in the early field that you could treat the primaries like propositions and hedge your bets once the momentum has gelled later in the primaries....

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“Hedging” your bet in craps is when you make one bet with the erroneous belief it will “protect” another wager somewhere else on the layout. 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. Every bet on the crap layout has a negative expectation....

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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. There is also enough variance in the early field that you could treat the primaries like propositions and hedge your bets once the momentum has gelled later in the primaries. It’s a gambler’s dream come true with plenty of opportunities....