Middles

Written by Drew Tabor
Guide · Part 13 of 22

A middle is very similar to arbitrage, with one key difference: it is possible to win both sides of your bet. Every outcome is a profit, and once in a while the game lands in the middle and both bets win.

A middle in the feed

A Middle card in the Hedges feed, alongside the arbitrage sets.
A Middle card in the Hedges feed, alongside the arbitrage sets.

Middles show up in the Hedges feed alongside the arbitrage sets, titled Middle 1.

Reading a middle

Washington State -8.5 at BetRivers and Fresno State +9.5 at DraftKings. The Middle row is the result where both win.
Washington State -8.5 at BetRivers and Fresno State +9.5 at DraftKings. The Middle row is the result where both win.

On screen we have Washington State Cougars −8.5 at BetRivers, to profit $5 1, and Fresno State +9.5 at DraftKings, to profit $1 2.

The two lines leave a gap. If Washington State wins by exactly nine, you are in the middle 3, which means both bets win, for a $381 profit.

The three outcomes

Possible outcomes: Washington State by exactly 9 means both bets win, +$381, about 1% of the time.
Possible outcomes: Washington State by exactly 9 means both bets win, +$381, about 1% of the time.

Down in Possible outcomes you can see all three: you win $5, you win $1, or you win $381 1.

The middle only lands on one exact margin, which is why it shows about 1% next to it and the two sides show 26% and 73%. Most of the time you take the small win on one side; the $381 is the rare outcome that makes the set worth placing.

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Guide · Part 13 of 22