More generally, i think there's a gigantic amount of delusional thinking associated with sports betting. Yes, takeouts are still lower than horse racing. But you guys really have no idea all the changes that are going on to increase sports books' margins, and also have no idea the variance, amount of information necessary(daily fantasy sports are an indicator of this), and difficulty of long term profit.
Sports betting is a huge money pit for a lot of otherwise sensible players.
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