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Every bet on the crap layout has a negative expectation. 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.“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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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 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. 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....

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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. You could have also taken the data from amalgamated polling, like Huffington Post does, and made a killing betting against the odds as the Romney side was so confident that t joker casino websitehe lines were skewed horribly in his favor on many books. “Do you want a priest?” he was asked, during an interval of consciousness....

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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.“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.4% house edge by laying odds....

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New Hampshire offers particularly good variables for a gambling, rather than fact-based bettor.In 1933, Wilson Mizner lay dying. There is also enough variance in the early field that you could treat the primaries like propositions and hedge your bets once the momentum has gelled later in the primaries....