Guaranteed Big Money Hedging Bets

By definition a hedge bet is an investment or wager to reduce the risk of adverse price movements in another asset or wager and normally a hedge involves taking an offset position related to a particular held position. Basically betting the other side of a game you already have action on. In other words hedging a bet is like taking an insurance policy on your wager and eliminating some of the risk by making a bet on the other side of your initial position. When hedging bets the idea is to limit potential risk while trying to guarantee yourself profits. The key words being Guaranteed profits. When a sports bettor or handicapper gets an opportunity to guarantee himself profits before a sporting event takes place is a good position to be in. But sports bettors must also keep in mind that while a hedge bet reduces potential risk it also decreases potential profits. Most sports bettors can go to lifetime and never hedge a sports bet. It it is something that most Square gamblers don't do or know how to do effectively. When an amateur sports bettor places a wager he or she is usually married to that bet and thoughts of hedging never enter their mind. Again, hedging is done to reduce risk and counterbalance a wager with the a wager on the other side and this is psychologically anti climactic for most sports bettors who weather they believe it or not are betting sports for the action and entertainment they get from betting sports.

Even the most intelligent people consistently lose consistently and often bet NFL football and bet NBA basketball night in and night out and week in and week out without very much logic because they feel and think about it as simply gambling entertainment. Most sports bettors do not look to get out of a bet for any reason, even if their teams pro bowl starting linebacker breaks his leg the night before the game. Sharp bettors also hedge and try to middle bets as well. If done properly one must have great foresight and bet early but when done properly there is reduced risk and great upside. NFL and college football wagers are made early in the week when the lines come out and by the weekend the professional sports bettors and handicappers will try to take advantage of any middle opportunities that arise and have no loyalty to anyway wager they can hedge and guarantee profits. After all, a sharp bettor will find himself in position to hedge more often than amateur bettors who tend to bet on short notice and without much foresight.

Here is a very simple example of how to hedge a wager, for example it is now October and the Cleveland Indians and Chicago Cubs are playing in the the World Series. The money line to win the series is Cubs-180 Indians +160. Now let's say for example you wager $1000 to win $1600 on the Indians to win the series. Now let's say the series goes to game seven and you know that if the Indians win game 7 you will pick up $1600. The simple hedge any sports bettor makes is a wager on the Cubs for half in game 7. This way it doesn't matter who wins game 7, you are guaranteeing yourself a profit before the game even starts rather than having to hope that the Indians win the series and you pick up $1600. Obviously if you win the series and the $1600 you lose the wager on the hedge, but a sharp sports bettors will hedge almost any wager when we are talking about guaranteed money. Would you rather guarantee yourself a profit before game starts and not care about the final score, or would you rather be a gambler and just stick with your bet and hope that you get the outcome you want? There are several if not many differences in the daily wagering habits and consequently bankrolls of sharp and square sports bettors. This is an example of one of the most basic and fundamental concepts of making profits in sports gambling. So if you wager on NFL football, college football, NBA basketball, College basketball, baseball, soccer, hockey or any other professional sport or market. You don't have to be a professional sports handicapper or a computer genius, you just need to pay attention to the opportunities.