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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. As of this morning Clinton is even to take the presidency and Rubio is -150 to Trump’s +160. As of this morning Clinton is even to take the presidency and Rubio is -150 to Trump’s +160....

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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. 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 11.4% house edge by laying odds....

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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.If history is any indicator, Bovada appears to be the crystal ball for November.”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....

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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.”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.Dear Mark: When playing craps, I am aware that it is best to stay away from any prop box bets....

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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. 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.Hedge betting by using one wager to offset the “negative probabilities” of another wager is just not smart betting on a crap game....