Good lord. What are you debating?
Is hedging the last leg of a parlay a good idea? Should you hedge your future bet in order to secure a profit? The short answer is: NO!!! This article written by a university statistics professor from Canada (and sports betting expert!) provides evidence that hedging in sports betting is...
www.professormj.com
Hopefully it's simple enough and i don't have to take the time to write it all out.
But like i said. Next time you are losing a bet offer the book an amount less then their expect value on the win and see if they jump to accept so it "secures" their win.
This is math genius or rocket science. This is fundamentals.