Quote:
Originally Posted by Tom Barrister
The one thing you might want to remember is that the sharks and/or whales zero in on the low-takeout bets. Sometimes, the bets with the 25% takeout are easier to beat.
In other words, if you're fading 15%, and there is 5% more smart money than stupid, then you have to be 20% better than the public. If the takeout is 25%, and there is 15% more stupid money than smart money, then you only have to be 10% better than the public.
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The rebates are adjusted to the actual takeout, so I'm not sure how zeroing in on lower takeout bets is going to work. If the take is 15%, how much do you think the rebate is going to be?