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Usually, though, both investments won’t go south on you simultaneously. 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 a priest, a rabbi and a Protestant clergyman,” he managed to flash back....
Hedge betting by using one wager to offset the “negative probabilities” of another wager is just not smart betting on a crap game.“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. 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....
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....
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.Mark, Where does the term “jackpot” come from? I have never been ableNew Hampshire offers particularly good variables for a gambling, rather than fact-based bettor....
