Hedging can also be used to lock in a profit at the end of a parlay. Say you have bet a five-team parlay and the first four games have won. Instead of sweating the outcome of the fifth game, you could simply make a bet on the other team in the final game of your parlay.
Marco Polo. Marco Polo was an Italian merchant and explorer, famous for introducing Europeans to China and Central Asia. He inspired future travelers, including Christopher Columbus. Born presumably in the Republic of Venice around 1254, Marco Polo played an important role in cartography.
In the 13th century, a young Venetian named Marco Polo set out with his father and uncle on a great adventure. Following a series of trade routes, they traveled across the vast continent of Asia and became the first Europeans to visit the Chinese capital (modern Beijing).