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“I want to hedge my bets.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. Democrat leaning Indies can choose the republican they are most sure their desired nominee will trounce in the general election and buoy him or her by voting for the other side in the primary, then casting a ballot for their favored party’s nominee in November....

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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. Usually, though, both investments won’t go south on you simultaneously. Every bet on the crap layout has a negative expectation....

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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. As of this morning Clinton is even to take the presidency and Rubio is -150 to Trump’s +160. Overall pollsters are still giving Hillary Clinton favorable odds of besting both fields to take the office of President of the United States – but the race is wide open with multiple variables....

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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.”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.In 1933, Wilson Mizner lay dying....

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Every bet on the crap layout has a negative expectation.Hedge betting by using one wager to offset the “negative probabilities” of another wager is just not smart betting on a crap game.Sports betting sites will take your action (where it is legal to bet on such things) and the odds are all over the place in a way you would never see in such contests as the Super Bowl or a footie match with reams of stats and plenty of known commodities; in fact it’s a game where a dart throw to pick the winner could pay off handsomely....