Poker Coverage: Poker Tournaments Casino News Sports Betting Poker Strategy

Hedging

by Ed Miller |  Published: Aug 14, 2019

Print-icon
 

“I bet $100 on the Cleveland Browns at 200-to-1 to win the Super Bowl, and now it’s Week 15 and they’re 7-and-6 and they might actually make the playoffs. Should I hedge?” If you read sports and sports betting media at all, you’ll see that the only thing people love more than a good longshot is talking about hedging their longshot the moment it shows any sign of possibly winning. Well here’s my take. First, hedging is the same as selling part or all of your bet. If you bet the Browns and then hedge it in Week 15, you’re selling your bet. Is selling your bet good? Is it bad? Is selling your used car good? Is selling your roll of gold bullion coins good? I mean, maybe? In the end it comes down to price, doesn’t it? If you have a perfectly good car that you use, and ...


You Are Previewing Digital Subscription Content

To continue reading:

Gold-signup-btn

Already a subscriber?

Big-signup-btn

Teaser-subscrip-info