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“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. 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. 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 tfree online slots games to play now bxoche lines were skewed horribly in his favor on many books....
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 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.You can’t, Bill, have it both ways....
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. “I want a priest, a rabbi and a Protestant clergyman,” he managed to flash back....
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. As of this morning Clinton is even to take the presidency and Rubio is -150 to Trump’s +160.4%, lower by laying odds) of higher quality....
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. It’s a gambler’s dream come true with plenty of opportunities. Usually, though, both investments won’t go south on you simultaneously....
