Quote:
Originally Posted by cj
As I said, takeout on sports betting is much lower than 10%. It is sub 5%. 
Also, there is some risk to the bet taker in sports. There is no risk in horse racing. |
No risk on the exchange sports betting on betfair. 1. make you bet 2. winner pays commission on winnings. Betfair makes money on every winning market.
The only thing that matters is handle, not which side wins or loses.
very simple concept.
Allan
