Quote:
Originally Posted by AndyC
Way too many places to shop for a price to believe that vig will go up in sports betting. The only thing that could screw up the free market for vig is heavy government intervention.
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Tell that to all the players in Las Vegas who are now playing 6 to 5 blackjack.
Seriously, A LOT OF GAMBLERS DO NOT CARE ABOUT TAKEOUT. Some do. Gambling businesses make more money by separating the two groups and charging them different rates. This is why we have rebate shops.
If you are a whale sports bettor, you can probably find a sports book to take your action at 115 rather than the 120 they were posting. But all the casual players don't care.
