Quote from: patt0 on January 07, 2017, 01:01:55 PM

Quote from: prince V on January 02, 2017, 02:08:42 PM

Every site says bookie/house always wins and the margin and odds ensure their profit.
Following are some links to it:
http://blog.runlastman.com/bookies-always-win/
http://www.gamblingsites.org/sports-betting/beginners-guide/how-bookmakers-make-money/
https://www.quora.com/How-does-the-betting-system-work-How-does-the-bookie-make-a-profit ...
so this new year lets do something new rather than betting/losing.
i provide complete assistance in helping you start your own sports betting website to getting players in short joining the bookie circle.so why not to stop betting and starting this business itself with a very low btc in hand
this is a link in which i am auctioning a sports betting website/software.
if you can get your own domain name and just need software i am providing at very low price in whatever your budget is and i promise to negotiate in budget and give you best price so for more details look here
https://bitcointalk.org/index.php?topic=1736070.0

I don't agree with bookies always win. I mean, I agree with it, but not on the expenses of the players. At least not on the expenses of those that know what they are doing. They always win because the odds provided, are of course controlled and ranged, that they always win no matter where you bet, as long as they can keep the wages balanced as well.
It's the same as trading in exchange markets. On that case bookies also charge a commission since they are not the ones controlling the odds.

The reason I say I don't agree, is because if you know where to bet, you should still get some profit. Not as much as you should, and that can affect how much you earn in the long run, but you should still get profit.

House and bookie will win in the long term when gamblers bet a lot, if only a few bets, house and bookies may lose. But long term they earn margins