Re: Another Mansion free bet
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To someone who is not involved in sports betting wouldn't it be stupid not to hedge this?
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Hedging seems like one more way to potentially make a mistake. If I decide to go for this, I doubt I'll hedge it, since I'd have to find another book, shop odds, and implement the hedge bet correctly. That's a lot of work (and possiblities for error) just to buy some variance reduction.
ETA: On the other hand, the more people who hedge, the more likely Mansion is to keep doing this sort of thing.
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