How To Hedge Your Sports Bet

Hedging is a common strategy among experienced sports bettors that can help to guarantee profits while keeping losses at a minimum. Hedging is a risk-averse method that can be applied to any type of sports betting including futures, moneylines, point spreads and totals.

What Is Hedging?

Hedging a sports bet is an advanced betting strategy that involves placing wagers on the opposite side of an original bet. The hedged bets are typically placed on outcomes that conflict with the original wager to reduce risk or guarantee a profit.

How to Hedge Your Bets

The basic rule of thumb when hedging your sports bet is to take the highest decimal odds offered by the Singapore best online sports betting site and compare them against the best hedging markets available. This will ensure that you find the best possible price on your hedging bets.

When Should You Hedge?

Hedging your sports bet is a good way to ensure a profit over time and can help you to build a solid bankroll. However, hedging is not right for everyone and it is important to consider your gambling goals and risk tolerance level when making a decision.

For example, let’s say that you bet on Kansas to win the NCAA Basketball Tournament at +1000 prior to the tournament starting. Now, the Jayhawks are in the Final Four, and their odds have dipped to +180. If you believe Kansas is still the favorite to win the championship, then hedging would be a good idea.