happiness hedge

When a fan places a wager against their favorite team in a game or other event. This causes a win/win situation for the fan. Either the fan’s favorite team wins or the fan win their bet.

James: I bet on the Nuggets to lose.

Jake: but aren’t you a fan of the Nuggets?

James: yes, but if they lose, I want to at least get paid.

Jake: ahh, the old happiness hedge

Kyle: true dat