yeah, i mean, without even looking at the baseball portion of it, if you're giving me what amounts to +1750 or +1250 (adjusted for their approximate odds of getting past the WC round) on an NLDS team, i'll take it. it's +EV. prob still gonna lose, obviously, but at least you're getting a worthwhile payout if it goes your way. Bet them both at +2500 and +3500. Then if one gets to the NLCS hedge, and if they get to the WS hedge again.. The only way you would lose money is if they get bounced in the NLDS. Bet $100 on Coloardo at +3500, bet $100 on Arizona at +2500 =$200 investment. Now this is just a guess.. Lets say Arizona gets to the NLCS against the Cubs (who are a -150 favorite). you lay $600 on the Cubs, if the Cubs win you get $400 for a profit of $200 after hedging. Lets say the Diamondbacks win and play the Yankees who are a -150 favorite. You bet $1200 to win $800 on the Yankees . Yankees win you profit $400 Or the Diamondbacks win you win $3500 minus your headging $2000 = Profit of $1500 If my math is correct the following happens with either Arizona or Colorado(obviously if its Colorado winning the WS your total profit is $2500 not $1500