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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. You cannot protect yourself “here” without being hurt “there.“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....
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Mark, Where does the term “jackpot” come from? I have never been able Every bet on the crap layout has a negative expectation. He was fifty-eight, and all his life he had been a gamester....
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”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.4% house edge by laying odds. 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....
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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. “I want a priest, a rabbi and a Protestant clergyman,” he managed to flash back.You can’t, Bill, have it both ways....
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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. Every bet on the crap layout has a negative expectation. 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....
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