Post
Topic
Board Gambling discussion
Re: Inside The Mind Of A Bookmaker
by
shulio
on 25/12/2016, 02:41:46 UTC
Once you get to know how bookmakers make sure they always make profit, your gambling experience can be phenomenal. Some matches are over priced or over priced ( more odds offered for a winning team).
Who said bookmakers always make profit ? I've won multiple bets multiple times with great odds,this is my win win situation and bookmaker's loss.Matter of fact,they accept bets for multiple games with a number of people. The winning-lose ratio determines whether they profit or not.

The win or lose ratio has nothing to do with their profit. It is the amount of profit that they won from players and the amount that players actually win from them. If there are tons of bet that won 0.01 btc each and they won from a single bettor who wagered 1 btc then obviously they are still getting some profit