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BINARY new
Games | 1 | X | 2 |
---|---|---|---|
Victoria v Tas Tigers / Sep 25 2023 05:35 (IST) |
3
3.1
|
-
-
|
1.5
1.16
|
NEW ZEALAND T10 VS PAKISTAN T10 / Sep 25 2023 10:40 (IST) |
1.12
1.16
|
-
-
|
8
8.8
|
WEST INDIES T10 VS PAKISTAN T10 / Sep 25 2023 11:00 (IST) |
1.1
1.26
|
-
-
|
8
26
|
England v Ireland / Sep 26 2023 17:00 (IST) |
1.41
1.73
|
-
-
|
2.36
3.46
|
ICC Cricket World Cup / Oct 05 2023 14:00 (IST) |
-
-
|
-
-
|
-
-
|
Austin FC v LA Galaxy / Sep 25 2023 07:00 (IST) |
1.83
2.1
|
-
-
|
1.91
2.22
|
Maruyasu Okazaki v Verspah Oita / Sep 25 2023 09:30 (IST) |
1.78
1.92
|
-
-
|
2.08
2.28
|
BINARY / 2023-09-25 / Sep 25 2023 10:00 (IST) |
-
-
|
-
-
|
-
-
|
Bucsa v R Saigo / Sep 25 2023 10:30 (IST) |
1.96
1.78
|
-
-
|
0
2.8
|
Coventry v Huddersfield / Sep 26 2023 00:30 (IST) |
1.95
2.6
|
-
-
|
8
8.1
|
Sevilla v Almeria / Sep 26 2023 22:30 (IST) |
1.2
2.21
|
-
-
|
1.2
3.1
|
Juventus v Lecce / Sep 27 2023 00:15 (IST) |
4.5
1.32
|
-
-
|
2.18
2.13
|
Lille v Reims / Sep 27 2023 00:30 (IST) |
0.5
1.2
|
-
-
|
-
1.1
|
Mallorca v Barcelona / Sep 27 2023 01:00 (IST) |
3.5
0.32
|
-
-
|
2.8
1.3
|
Dreamexch ID is more popular now than ever before. If you're looking for the best online cricket account provider, look no further than us. Dreamexch.org offer a wide range of features and benefits, including:
We are the most popular Cricket ID provider in the market because we offer great security, excellent customer support, and various bonuses and promotions.
To register for a Dreamexch ID, simply go to our website and click on the "WhatsApp us" button. Ask for Dreamexch ID and our excutive provide you the steps how to register. By browsing the link, you will be brought to a page where you will be asked to enter your details like name, email address, and a password of your choice. Once you have provided all the required information, simply click "Create Account" and you will have your own Dreamexch ID!
After registration, you can use the Dreamexch ID to log into the platform. At this point, you can browse through the available sports and select one that interests you. After selecting a sport, you will be able to view all the different bet options for that sport under the "Betting Options" or "Sports Betting" tab on the main page. From here, you can then make your wagers according to available odds and set up auto-wagers if desired.
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Hedging is a strategy used in betting to minimize potential losses or secure guaranteed profits. In this article, we will explore worked examples of heSdging using actual odds in the 'Gold Medal Winner' market for the 2012 men's Olympic basketball.
Initially, a $16.00 wager was placed on the India at 1.19 odds. However, the lay odds for the India have dropped to 1.16, presenting a hedging opportunity. To take advantage of this opportunity, we need to assess the market depth, which is substantial for the India ($12,213 at lay odds of 1.16).
To avoid a loss if the India doesn't win, we employ a biased hedge strategy. Using equation (3), we set our lay wager equal to our initial back wager:
WL = 16.00
With this strategy, our profit if the India wins becomes:
Profit = WB * (DB - 1) - WL * (DL - 1)
Profit = 16.00 * (1.19 - 1) - 16.00 * (1.16 - 1)
Profit = 0.48 ($0.46 after a 5% Dreamexch commission)
Meanwhile, our profit if the India loses remains:
Profit = WL - WB
Profit = 16.00 - 16.00
Profit = 0.00
The image shows the change in our position. Our profit, before commission, decreases from $3.04 to $0.48 if the India wins, while our profit if the India loses rises from -16.00 to 0.00. This strategy allows us to secure a $0.48 profit with no possibility of a loss.
In this biased hedge strategy, our goal is to avoid a loss if the India wins. Since our initial wager was a back bet, we utilize equation (4):
WL = WB * (DB - 1) / (DL - 1)
WL = $16.00 * (1.19 - 1) / (1.16 - 1)
WL = $19.00
With this approach, our profit if the India wins becomes:
Profit = WB * (DB - 1) - WL * (DL - 1)
Profit = $16.00 * (1.19 - 1) - $19.00 * (1.16 - 1)
Profit = $0.00
On the other hand, our profit if the India loses is:
Profit = WL - WB
Profit = $19.00 - $16.00
Profit = $3.00 ($2.85 after a 5% Dreamexch commission)
The image illustrates the change in our position. The profit before commission decreases from $3.04 to $0.00 if the India wins, while our profit if the India loses increases from -$16.00 to $3.00. With this strategy, we can secure a $3.00 profit with no risk of a loss.
In an unbiased hedge strategy, we aim to achieve the same profit regardless of the event outcome. As our initial wager was a back bet, we employ equation (1):
WL = WB * (DB / DL)
WL = $16.00 * (1.19 / 1.16)
WL = $16.41
Under this approach, our profit if the India wins becomes:
Profit = WB * (DB - 1) - WL * (DL - 1)
Profit = $16.00 * (1.19 - 1) - $16.41 * (1.16 - 1)
Profit = $0.41 ($0.39 after a 5% Dreamexch commission)
Similarly, our profit if the India loses is:
Profit = WL - WB
Profit = $16.41 - $16.00
Profit = $0.41 ($0.39 after a 5% Dreamexch commission)
The image depicts the change in our position. The profit before commission decreases from $3.04 to $0.41 if the India wins, while our profit if the India loses increases from -$16.00 to $0.41. With this strategy, we can guarantee a profit of $0.41, regardless of the event outcome.
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Dreamexch is an online betting platform that provides a wide range of sports betting markets, such as football, basketball, and tennis. It also has live betting, which allows you to bet on sports that are actively taking place.
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