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#2
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![]() Quote:
The way i understand it, you have to offer a bet that will entice someone to choose the odds you offer, or find someone to take a "don't" bet. As an exchange, they take a vig of the transaction, but there is no "house" per se. So if the tote shows a horse at 6-1, and I have a strong conviction that the horse won't win, I can offer someone 8-1 and make my own book. In essence, laying 1-8 that the horse "won't" win. I can see this advantagous when taking the wrong side of a heavy underlay. How many times would you have liked to get 5-2 on a 2-5 to lose?! |