Hedging a Parlay (Bad Idea!) 2.1 A Concrete Example In summary, you are guaranteed to pocket a $900 gain, no matter who wins the finals!Īs you will find out in this article, hedging is detrimental to your bankroll in the long run (from a mathematical standpoint).Ģ. Therefore, the odds on the game are as follows:īefore the game starts, you decide to risk $1,100 for a potential return of $2,100 on Team B (i.e.

Suppose that sportsbooks expect a very tight game. Knowing that you will be devastated if Team A loses the game, you decide to bet their opponent. Just one more win before you cash big money!

Now, you are delighted to see Team A reach the finals. a potential net gain of $2,000 after deducting the amount of your wager). Back then, you put $100 at risk for a potential return of $2,100 (i.e. Hedging a bet is an advanced strategy where you bet AGAINST your own original wager in order to reduce the risk-level or to guarantee a profit.įor example, suppose that several months ago you bet Team A to win the championship of its league. This article will answer this recurring question with a resounding “No!!!” 18+ only.įor free and confidential support call 1800 858 858 or visit Gambling Help Online at is a question I get asked often by sports bettors who have a pending parlay or future bet: Content on the website is the authors' opinions. Seek help if betting is no longer enjoyable or is affecting your life. Please only bet what you can afford to lose. We only review licensed, regulated bookmakers, so you can try our recommended betting sites with confidence.īYB is committed to responsible gambling. We pride ourselves on our transparency, as well as the partnerships we've formed with Australia's best online sportsbooks. We also provide free betting tips for cricket, golf, NBA, NFL, UFC, Esports and more. Our expert tipsters cover all major sports, with a strong focus on AFL tips, NRL tips and horse racing tips. Before You Bet (BYB) is Australia's leading provider of free sports betting tips, including daily picks, articles, promotions and reviews of the best Australian sports betting websites.

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