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Hedge betting by using one wager to offset the “negative probabilities” of another wager is just not smart betting on a crap game. It’s a gambler’s dream come true with plenty of opportunities.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....
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.If history is any indicator, Bovada appears to be the crystal ball for November. 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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