Hedging: A way of reducing your risk when trading sports?

KEY TAKEAWAYS

  • Hedging sports can enable you to reduce your risk, but it will also reduce your potential ROI. Therefore it is a tradeoff between risk and reward that you as a trader have to make.
  • Be aware of potential pitfalls such as bookmakers voiding your bets as they can leave you exposed with high risk and no upside.
Russian Premier League: Ural vs Rostov
Btw, the winning goal was incredible! (27 seconds into the video)

KEY TAKEAWAYS

To sum it up hedging in sports can enable you to reduce your risk, but it will also reduce your potential ROI. Therefore it is a tradeoff between risk and reward that you as a trader have to make. In addition, you should be aware of potential pitfalls such as bookmakers voiding your bets as they can leave you exposed.

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