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New Hampshire offers particularly good variables for a gambling, rather than fact-based bettor. “I want a priest, a rabbi and a Protestant clergyman,” he managed to flash back. “I want to hedge my bets....

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New Hampshire offers particularly good variables for a gambling, rather than fact-based bettor.My advice to you, Bill, is to pass on hedge betting, stick to the don’t pass, and reduce that minuscule 1.“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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You can’t, Bill, have it both ways.In 1933, Wilson Mizner lay dying.Hedge betting by using one wager to offset the “negative probabilities” of another wager is just not smart betting on a crap game....

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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. “I want a priest, a rabbi and a Protestant clergyman,” he managed to flash back. Democrat leaning Indies can choose the republican they are most sure their desired nominee will trounce in the general election and buoy him or her by voting for the other side in the primary, then casting a ballot for their favored party’s nominee in November....

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4% house edge by laying odds.4% house edge by laying odds. Every bet on the crap layout has a negative expectation....

 

 

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