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There is no definitive answer. In the end, the amount of the potential payout may determine whether hedging is the right betting strategy. Generally, the larger the potential payoff of your initial bet, the more likely hedging will be utilized.
Generally, when you have you two bets working against each other, you are failing to maximize potential profits and paying more vigorish, which is built into every bet. One of the biggest advantages of hedging sports bets is the ability to lock in and guarantee profits. If you are willing to pay to accept guaranteed smaller profits and prefer to limit the number of wild swings in your bankroll, hedging your bets can be an effective betting strategy. There is nothing illegal about it.
Hedging your sports bets is not only legal, it can be a sensible strategy that mitigates risk, guarantees returns and ensures that you will have funds to wager another day. There is no right answer for everybody. Are you willing to lower risk in exchange for smaller profits? Or would you rather embrace risk in exchange for a larger payoff?
Most likely, it depends on the size of the potential payout, your bankroll … and your personality. Bet must be placed using real money in combination with the Odds Boost Token. Offer applies to Sport bets only. Customers have 60 days after registration to use the Odds Boost token. Customers who deposit using Neteller, Paysafe, Skrill or Skril 1-Tap will not be eligible for any free bet offer.
New Customers. If first settled bet loses, free bet credited within 24 hours of bet settlement, use within 7 days, Stake not returned. Paypal not accepted. New customers only. Min odds 1. Free bet min odds 1. Full terms apply. Qualifying bets must be placed at odds of 2. Paid as a bonus token with min odds reg.
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