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Here you have the Independent voter who can vote as a Republican or Democrat and that adds some chaos to a mix that already holds the free radical game changing Donald Trump. 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.In 1933, Wilson Mizner lay dying....

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“Do you want a priest?” he was asked, during an interval of consciousness. You cannot protect yourself “here” without being hurt “there. The sword cuts both ways – if a Republican (registered as an Independent) thinks any eventual candidate would do better than Sanders or Clinton in November, they can vote for the weaker Democrat Tuesday....

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