Let's assume the case in this following scenario: The most basic explanation is that the bookmaker must take action on both sides in order to make a profit. You're no longer at 50% to win/lose, but rather 53-60% to lose - a barrier you'll need to cross if you want to be a lucrative bettor.Īnother thing to keep in mind is that if you see a margin of roughly 107% online, know that with a little investigation, you can find smaller margins elsewhere (at reputable bookers like 7Cric). Because the bookie takes a commission, the bet on a coin flip is no longer even money.
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