What is bet hedging and is it a good betting strategy?

Posted by Rooster on May 29th , 2009 under Sports Betting News | Be the First to Comment

There are plenty of betting strategies around but hedge betting is the only and a great way to guarantee a winning outcome from a bet. Basically bet hedging is used as insurance on another bet, but there are only certain times where hedging can be properly used.

Scenario 1.

You place a $10 five team multi bet on the AFL which will pay a profit of $100 if all five teams win. Your bet is going really well and the first four teams win. The fifth and last game, lets say St Kilda Vs Geelong are playing in few hours and you need Geelong to win for the multi bet to pay. This is where you have the opportunity to hedge your bet. Read more of this article »