So you went in with $2M (two bets on same event at $1M each) came out with $1M because only one outcome can manifest, and you call that zeroed out risk? Or are

So you went in with $2M (two bets on same event at $1M each) came out with $1M because only one outcome can manifest, and you call that zeroed out risk? Or are you talking using the same million to make both bets to seperate individuals? In which case, if your tails better turns out to be full of shit and can't produce the million you were intending to pay to the guy who you owe for your bad call, you're still out your million. I don't call that zeroed risk friend.