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#1
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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?! |
#2
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![]() its bookmaking and that is illegal in the US, but, its a fun thing to do. Kinda like betfair. You can lay odds or back odds.
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#3
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I just act like I am the book,there are alot of big bettors that love that chalk.But I also have the advantage that I dont have to take the bet after looking at the race.If I feel there is a horse that is 2-1 at the track,and really dont like the horse.I will offer to give him 5-2 on the horse if the person likes him.What odds do you think Sumoneluvsyou will be today ?? |