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”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.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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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.“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. “I want a priest, a rabbi and a Protestant clergyman,” he managed to flash back....

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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. As of this morning Clinton is even to take the presidency and Rubio is -150 to Trump’s +160.My advice to you, Bill, is to pass on hedge betting, stick to the don’t pass, and reduce that minuscule 1....

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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. “I want a priest, a rabbi and a Protestant clergyman,” he managed to flash back. 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....

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You cannot protect yourself “here” without being hurt “there. 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.New Hampshire offers particularly good variables for a gambling, rather than fact-based bettor....