To mitigate your losses and reduce bankroll exposure after placing a riskier bet.
In the end, the goal is always to limit potential losses. Depending on the scenario, this approach can secure profit regardless of which outcome occurs or reduce exposure on your initial bet. Hedging involves placing a new bet on a different outcome than the one you originally wagered on. While hedging bet can seem like a challenging strategy to master, the concept is simple. Fundamentally, hedging is a risk management strategy to help you minimize losses and maintain a healthy bankroll.
Hedging is a method used to either reduce your risk or guarantee a profit when betting on sports.