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Mark, Where does the term “jackpot” come from? I have never been able He was fifty-eight, and all his life he had been a gamester.” Not only can a hedge betting system NOT beat a game like craps, but it also won’t even dent the house edge....

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”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. But if you followed trusted lines rather than most of the polls in the 2012 presidential race you knew the results well ahead of November 4th – much to the chagrin of the losing side. 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....

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“I want a priest, a rabbi and a Protestant clergyman,” he managed to flash back. Every bet on the crap layout has a negative expectation.New Hampshire offers particularly good variables for a gambling, rather than fact-based bettor....

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“I want to hedge my bets. 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. The sword cuts both ways – if a Republican (registered as an Independent) thinks any eventual candidate would do better than Sanders or Clinton in November, they can vote for the weaker Democrat Tuesday....

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“Hedging” your bet in craps is when you make one bet with the erroneous belief it will “protect” another wager somewhere else on the layout.You can’t, Bill, have it both ways.” Not only can a hedge betting system NOT beat a game like craps, but it also won’t even dent the house edge....