Quote:
Originally Posted by lamboguy
i have no idea how much juice they are charging in baseball. if its a twenty cent line the expected gross profit is something like 4.54%. after paying off the state and the expenses to run the place, the people that are doing the booking are working on a very skinny margin when all they do for a month is $17 million.
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According to the article, Monmouth's hold was 11.4%, which my limited understanding of sports betting suggests is not sustainable. Total handle for the state was $16.4 million for 17 days. Monmouth did $8.2 during that period.
