This thing is also one of the strategies that has been using by some gamblers, the fact that there are also gambling platform that accepts multiple bets at a time, so playing with this strategy is quite good enough.
With this, you can just lose a small amount of money. And same goes if you win.
So who among you guys have tried this? Share the experience
Sidebet is also known as proposition bet in gambling. It is more or less popular in sports betting as well where it is known as side wager. But it is mainly a blackjack strategy. The strategy is also used in binary/forex trading but in a little different way to hedge against the risk taken by the trader.
I used to apply such techniques when I was into forex trading back in 2009 -10. It certainly lowers the risk you are taking but it also lowers the profitability from each executed trade.