What Is Hedging In Sports Betting? When To Hedge Your Bets

There is no magic number that differentiates a “big chalk” from a “small chalk” in any offered sport. The additional you get involved in sports betting, the quicker you’ll start to form your personal definition for “big chalk” and “small chalk”. A excellent example would be a coin toss that has an equal chance of landing either heads or tails.

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For example, a $10 bet with +130 odds would profit $13, returning $23 with your original $10 threat back. Conversely, betting $15 on a bet with -150 odds would profit $ten, returning $25 with your initial $15 threat back. If the bet is not expected to win, you will see optimistic odds (+ sign in front).

Even though this was a nicely-reasoned parlay, wins like these are nonetheless additional the exception than the rule. Once again, the amount of selections as soon as a bettor drop-downs on menus becomes rather expansive. This parlay would have paid out at +450 but sadly didn’t pan out.

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