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One common scenario where hedging comes into play is when you have placed a futures bet on a team to win the Super Bowl early in the season. As the team progresses through the playoffs and reaches the Super Bowl, you may find an opportunity to hedge your bet by placing wagers on the opposing team or specific game outcomes. The San Francisco 49ers (+175) are the Super Bowl 58 betting favorites, Different bookmakers may offer slightly different odds for the same event. Shopping around for the best odds can maximize potential returns. Utilize multiple bookmakers to find value in the market.
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