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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. 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.Are bookies better at predicting elections than the national polls? That question has yes and no answers, and to our knowledge has never been determined by a recognized and scientifically controlled study....

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This early in the game the sports betting sites will start to see new blood with day traders taking some of their Wall Street efforts to the books and Daily Fantasy Sports players trying something new with better hopes of winning than they may find against the DFS sharks.nominees they’d like to send to Washington.” Not only can a hedge betting system NOT beat a game like craps, but it also won’t even dent the house edge....

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