Hedge betting is one of the go-to approaches for bettors who want to balance risk and reward during their sports betting sessions. So, I was not surprised when many Dabble users asked me how hedging works on Dabble.
As a frequent user of this daily fantasy sports app, I have tried different strategies to improve my experience, hedge betting being one of them. As such, I can explain everything about the approach, including how to use it on Dabble. Plus, I will include some tips that have improved my experience with hedge betting on the DFS app.
An overview of the popular hedge betting strategy
Before I explain how hedge bets work on Dabble, let’s look at what hedge betting means. Traditionally, hedge betting revolves around placing multiple bets on all possible outcomes for the same event. For instance, you might bet on Team A to win a match, then place another wager on Team B to win. This ensures you'll get a payout regardless of how the game goes.
The hedging concept has been tweaked slightly when it comes to daily fantasy sports. Instead of placing a separate bet to offset your initial bet, platforms like Dabble create hedge-specific contests and tournaments. Such contests automatically incorporate a hedge mechanism built to reduce possible losses.
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The
Dabble app
has made things more interesting by making hedge one of the two main contest types you can choose when creating a DFS entry; the other is "all-in." If you select the hedge option, you can still win even if some picks are incorrect.
The specific number of incorrect picks allowed depends on how many total selections you include. Check these out:
- For 3-5 pick entries: You can get one pick wrong and still win
- For 6 to 12-pick hedge entries on Dabble: You can get two picks wrong and still win
Let me give you two examples of how this will work when making picks:
| Example 1 | You create a 4-pick entry. This means you need at least three correct picks to win. It also means that the wager just has to be 75% correct. |
| Example 2 | You create an 8-pick hedge on Dabble. You need at least six correct selections. If it's a 7-pick entry, you need at least five. |
Are there bonuses for hedge entries?
Currently, there are no specific bonuses for hedge entries, but you can take advantage of other promotions. One is the no-deposit offer you receive after signing up and verifying your account. As a registered user, you receive a
Dabble referral code
to share with interested parties. You get a bonus if these bettors sign up with your code and make a qualifying deposit.
Hedge vs. All-In on Dabble: which is better
You can easily answer the question, "What is a hedge bet on Dabble." So, let me give you an overview of the all-in approach. This is basically Dabble's version of a parlay. With all-in entries, every one of your selections must be correct for you to get a
Dabble payout. Unlike hedge, there is no room for error — one incorrect pick, and you lose the whole entry.
Both have several perks. As such, I’ve seen many bettors try to compare the two formats and decide which takes the lead. The table below highlights their major differences:
| Error allowance | 1–2 misses are allowed for hedge entries, while there is no room for misses in all-in entries. |
| Potential multipliers | Hedge entries have lower payouts overall. On the other hand, all-in entries offer better values, usually 2x to 3x higher. |
| Frequency of winning | With hedge entries, there are higher winning chances than all-in picks. |
| Risk level | Both have high-risk levels, especially when more picks are in the entry. However, it’s higher for all-in entries. |
| Minimum number of picks | Hedge entries require at least three picks, while two is the minimum for all-in selections. |
The choice between them boils down to personal preferences. If you prefer to play it safe while looking for a decent payout, hedge entries are your best bet. Meanwhile, all-in works if you don’t mind taking the risk for a more substantial payout. On the other hand, if you can only afford to make two picks at a time, the all-in is preferable, as hedge entries require at least three picks.
The best time to opt for hedge entries on Dabble
From my experience on the daily fantasy app, you can always choose to make a hedge entry. However, if you want to maximize this approach, then use it when you’re in any or all of the following situations:
🏗️ Building Large Entries
Probability works against you as you add more selections to your entry. For instance, if you make a 5-pick entry, even if you're 80% accurate on each individual selection, the probability of getting all five correct drops to just 33%. Extend that to 8 picks, and your chances fall below 17%.
Now, add the hedge to your picks. This significantly boosts your chances of getting a payout even if a few picks turn out wrong. Yes, the more your selections, the higher the risk. Still, hedge entries are better for large picks, compared to all-in, where every selection must be accurate before you receive a reward.
⚠️ Including some risky selections
Individual picks have their own risks, with some being riskier than others. The interesting thing about such high-risk selections is that they boost your potential multiplier for the entire entry. But there is also a downside - lower winning chances. With the hedge, you have a window of opportunity to still lose one or two picks (depending on the number of selections) and win the bet.
🏅 When betting on unfamiliar sports
If you want to try something new by making picks on sports you're not familiar with, stick to hedge entries. For instance, I am well-versed in football (as that's my favorite sport), but I have dipped my toes in hockey, tennis, and cricket. When doing so, I use the hedge as a protection for my stakes. It doesn't guarantee a 100% win, but it leaves room for mistakes, especially since I’m not too familiar with the sport.
Strategies for Successful Hedge Betting on Dabble
After months of using hedge entries, I've developed several strategies that have consistently helped me maximize my time on the platform:
- Balance the risk across your selections:
When building hedge entries, I try to include a mix of what I call "safe" and "reach" picks. Since I know I can afford to miss on one or two selections, I'll include a couple of higher-risk, higher-reward stat lines that I might avoid in an all-in entry.
- Leverage the social element:
Dabble's social features are useful for hedge entries, as they allow you to interact with other users. Such interactions can provide valuable insights on how to make hedge entries with higher success rates.
- Claim bonuses:
Dabble regularly offers promotions and bonuses that you can use to make hedge entries. For instance, you can find a
Dabble free $25
to claim with no deposit. This gives you more funds to make picks with.
Unavailability of hedge entries
Dabble’s real money offerings are available in 27 states. Unfortunately, hedge entries are supported in only 21. The states from which you cannot place such entries are: Arkansas, Kansas, Massachusetts, Tennessee, West Virginia, and Wyoming. You can make hedge entries if you’re not in any of these six restricted states but still reside in one of the remaining 21 legal regions.
Pros and cons of hedge in Dabble
making hedge entries has its advantages and drawbacks, which I've noted below:
Dabble: Pros and Cons
- Improve your winning chances
- Provides insurance against unforeseen factors
- Opportunity to include higher-risk selections
- Best suited for 6+ picks
- Lower potential multipliers
- Requires at least three picks
Register at Dabble and make hedge entries
Now that you can confidently answer "How does hedge work on Dabble," you know that the approach is like insurance against the unpredictable nature of sports. It does this by allowing you to miss out on one or two selections and still win. Of course, this means lower multipliers, but the amount you get is often more substantial than when making a single entry.
How hedging works at Dabble FAQ
🔄 Can I switch between hedge and all-in after creating my entry?
No, you cannot switch between hedge and all-in after submitting your entry on Dabble. You have to decide which you want to use before submitting your entry.
🔢 How many selections can I have in a hedge entry?
You can have a minimum of three and a maximum of 12 when making hedge entries. This is unlike all-in where the minimum is two picks.
👶 Are hedge entries better for beginners on Dabble?
Hedge entries are generally more beginner-friendly because they give room to lose one or two picks in your entry. This allows you to approach your betting sessions with less pressure than what you feel when making an all-in entry.
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