A fun primer about hedging your bets

A fun primer about hedging your bets [url]https://www.grantland.com/blog/the-triangle/post/_/id/7156/the-intricate-balance-of-hedging-your-bet[/url]

For those interested in the topic of hedging, Chapters 6 and 7 in King Yao's book, "Weighing the Odds in Sports Betting" is by far the best information I've ever read on the topic. I'm hard pressed to think of a realistic case that isn't covered well in that book.