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Mark, Where does the term “jackpot” come from? I have never been able to find the origin of the word.Hedge betting by using one wager to offset the “negative probabilities” of another wager is just not smart betting on a crap game. The first published use of the term may have been in 1865 in an issue of The Nationa...
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“I want to hedge my bets.“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.” Not only can a hedge betting system NOT beat a game like craps, but it also won’t even dent theraging bull slots free chips kshw house edge....
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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 11.1%) and expecting it to make a don’t pass wager (1. “I want to hedge my bets....
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He was fifty-eight, and all his life he had been a gamester. 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.”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....
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