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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.4%, lower by laying odds) of higher quality. 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....

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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.“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. Usually, though, both investments won’t go south on you simultaneously....

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In 1933, Wilson Mizner lay dying.In 1933, Wilson Mizner lay dying.This early in the game the sports betting sites will start to see new blood with day traders taking some of their Wall Street efforts to the books and Daily Fantasy Sports players trying something new with better hopes of winning than they may find against the DFS sharks....

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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 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.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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