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4% house edge by laying odds.”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. 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....

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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.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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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. 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.You can’t, Bill, have it both ways....

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New Hampshire offers particularly good variables for a gambling, rather than fact-based bettor. He was fifty-eight, and all his life he had been a gamester. 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....