The leagues will get their money...and so will the bookmakers. The bettors have enough money to cover all the "costs of doing business". Does anybody really think that the impending "legalized sports betting" will be a 110-100 wagering proposition? It will be 115-100 at the MINIMUM.
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"Theory is knowledge that doesn't work. Practice is when everything works and you don't know why."
-- Hermann Hesse
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