Hedge Bet Betting
Ok, let us see what is a hedge bet: Actually it is two offsetting bets made to win a small profit or to minimize the loss of a big bet. While hedge betting is not to the player’s advantage it can be used to grind out a small profit or be used to let you play longer on a small bankroll. The most popular use of hedge betting is at the craps table.
A player will put down a passline bet and then make a $1 bet on the any craps in case one of the craps numbers is thrown. In this case if the shooter throws 2 -3 or 12 the players loses his $5 passline bet but collects $7 for the any craps bet. If the shooter throws any other number the $1 any craps bet is lost. While this may sound like a good bet it actually is not and if you hedge every passline bet you will be an over all loser. The any craps bet has a house edge of 11.11%
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