In the world of sports betting, there is one term that you may frequently come across with and something that you should allot time to understand as well. This jargon is “hedging”. Some of you may have known about it and used it before, some might not.
Many sportsbooks operating in the betting community frown upon this betting strategy. It’s a risky management strategy that prudent bettors must take into account. Through hedging, it lets you to insulate against the potential losses or perhaps, to ensure and insure that parlays are on its last leg pay of the minimum amount.
Hedging is basically when you found yourself in the middle and betting on either team. This may be done through live betting when and if you’re afraid that the outcome might go sideways. Additionally, hedging could be done on last leg of multi-contest parlay. As a result, you can bet against yourself to still get some winnings.
In general, this is calling for money line bet or a spread bet against final outcome that you’ve initially chosen when you made your bet.
Mastering Hedging is a Win-Win
Payout for hedge must cover the initial bet and most of the time, it can help in getting a profit no matter what the outcome is.