Quote:
Originally Posted by Ted Craven
I mentioned this thread and the other one re the Chat With podcast to Dr Ziemba. He asked that I convey his response to pandy's comment bolded above.
Ted
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As I read more of his book, it's obvious that he doesn't just bet on favorites, and he spreads in exotics with different odds ranges. He recommends hedging with more money on the lower odds combos.
