There are a lot of sports fans in betting states that “hedge their happiness”. Meaning when their favorite team plays in a massive game, they bet on the other team to win, even if they think their team is going to win. In this scenario, there are only two outcomes: you win money or your team wins the game. I have a buddy that’s an Eagles fan that bet $600 on the Chiefs to win the Super Bowl last year. An amount he was comfortable losing if his Eagles won but also as an amount that would slightly take the sting out of an Eagles loss if things went the other way.