Quote:
Originally Posted by lefty359
Years ago, here in Vegas, a new sports book offered fixed odds on horses.
The sharpies broke them pretty damn quick.
I don't think it will work, but I think betting exchanges would.
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Sport of Kings, as I recall.
Had a long ago bookmaker tell me that 90% of all bookmakers who go out of business were taking bets on horses.
Aside from the potential for big scores via nefarious means, it's almost impossible to balance the books on many races and still allow late wagering.
The solution is a line that is usually worse than the takeout.
