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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. 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.” 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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nominees they’d like to send to Washington. Democrat leaning Indies can choose the republican they are most sure their desired nominee will trounce in the general election and buoy him or her by voting for the other side in the primary, then casting a ballot for their favored party’s nominee in November. “Do you want a priest?” he was asked, during an interval of consciousness....

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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.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. Democrat leaning Indies can choose the republican they are most sure their desired nominee will trounce in the general election and buoy him or her by voting for the other side in the primary, then casting a ballot for their favored party’s nominee in November....

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You could have also taken the data from amalgamated polling, like Huffington Post does, and made a killing betting against the odds as the Romney side was so confident that tcrown cas ino melbourne time zone ltgghe lines were skewed horribly in his favor on many books. The sword cuts both ways – if a Republican (registered as an Independent) thinks any eventual candidate would do better than Sanders or Clinton in November, they can vote for the weaker Democrat Tuesday.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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You cannot protect yourself “here” without being hurt “there. He was fifty-eight, and all his life he had been a gamester.”Was it was a good move on Mizner’s part? Perhaps, but when it comes to the game of craps, my advice remains the same: Never hedge your bets....