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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.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....
Usually, though, both investments won’t go south on you simultaneously.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. It’s a gambler’s dream come true with plenty of opportunities....
It’s a gambler’s dream come true with plenty of opportunities. Usually, though, both investments won’t go south on you simultaneously. 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....
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