Tag: hedge
Hedge your bets
Last night in the champions league we had a range of generally uncompetitive matches. Only Galatasaray vs Braga exhibited the characteristics of a match that could potentially be tight.
Of course you can never quite tell in Football. The average number of goals scored is quite low so results can be highly variable. A ball in the back of the net off a ‘wicked’ deflection, why are all deflections ‘wicked’?, could easily see a side take the lead unexpectedly. From …
Should I green up?
People often ask me if it is worth greening, or redding, up; hedging your profit so you win what ever the result. In a word yes, but a longer description follows.
First off the market is very efficient, so in essence you could argue that it makes no difference. If you hedge you need to place another lay order. The hedge value is calculated by laying off the profit at the current lay price, thereby dividing your profit by the …
“Windy hedge” for Cheltenham
If I ever buy a horse this would be a good name! But this isn’t the name of a horse. Regular readers will know that Cheltenham last year was a bit of a mare. They abadoned racing on Wednesday then bundled in those races to the Thursday and Friday. That made things mighty tough. Sky bet have offered up a bet this year for odds that racing will be abandoned in the event of a windy day. Odds offered were …
Connect
Connect with us on the following social media platforms.