In this case, you could hedge your bet by wagering on the Lakers to win, while also betting on them to not cover the spread. Hedging can also be used in cases where you have a strong feeling about one side of a matchup, but are unsure about how strongly you feel about it.įor example, let’s say you think the Los Angeles Lakers have a good chance to win their matchup with the Boston Celtics, but you’re not sure if they’ll cover the spread. In the context of sports betting, hedging usually refers to the act of making a second bet that is designed to offset any losses made on your first bet. ![]() It’s important to note that hedging bets isn’t always profitable, and it certainly doesn’t guarantee a win (because there are no sure things in sports betting or life), but if done correctly and used as part of a solid betting strategy, it can be an effective way to make consistent profits. This means that whether your initial bet wins or loses, you still win money on your hedge bet. Hedging a bet is simply the act of placing another bet to counteract your initial wager. ![]() Video Poker Guide: Play the Best Online Video Poker Games.
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