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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 to hedge my bets. 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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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.New Hampshire offers particularly good variables for a gambling, rather than fact-based bettor. 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....

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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. 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.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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It’s a gambler’s dream come true with plenty of opportunities. 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. 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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Dear Mark: When playing craps, I am aware that it is best to stay away from any prop box bets.Hedge betting by using one wager to offset the “negative probabilities” of another wager is just not smart betting on a crap game.Hedge betting by using one wager to offset the “negative probabilities” of another wager is just not smart betting on a crap game....