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In 1933, Wilson Mizner lay dying. 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. As of this morning Clinton is even to take the presidency and Rubio is -150 to Trump’s +160....

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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.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. “Do you want a priest?” he was asked, during an interval of consciousness....

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Mark, Where does the term “jackpot” come from? I have never been able” Not only can a hedge betting system NOT beat a game like craps, but it also won’t even dent the house edge. 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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4%, lower by laying odds) of higher quality.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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nominees they’d like to send to Washington. It’s a gambler’s dream come true with plenty of opportunities.In 1933, Wilson Mizner lay dying....