How To Hedge Your Sports Bets
It’s likely that you’ve used the phrase “hedging your bets” at some point in your life. At the very least you’ve surely heard the phrase before, or some version of it. This is a widely used phrase, and not just in the context of sports betting. People use it in all kinds of situations, usually to refer to the act of playing it safe or mitigating risk in some way.
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For example, let’s say we were about to go on an unexpected trip overseas. We didn’t know what the weather was going to be like, so we decided to pack winter clothes AND summer clothes. This would be a clear case of “hedging our bets”.
The Basics of Hedge Betting The best way to view hedge betting is to think of it as a form of insurance. It’s actually a relatively straightforward strategy at its core, with the basic idea being to protect existing. Firstly you need to calculate how much you need to lay. The equation is very simple: Hedging calculation = (back price. back stake) / current lay odds. Example: (1.55. 20) / 1.33 = £23.31. So you would need. While hedging bet can seem like a challenging strategy to master, the concept is simple. Hedging involves placing a new bet on a different outcome than the one you originally wagered on.
There are countless other examples of how people hedge their bets in various aspects of their life. This article is all about how hedging works in sports betting though. We believe that the hedging technique is a very powerful strategy in certain situations, so we want you to learn how to use it.
Below we teach you everything you need to know about hedging. We start with a brief explanation of the technique and clear up a common misconception about hedging. We then talk about when and why the technique should be used, using examples to demonstrate.