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For the record,
I did my part.
I posted the story on the forums I post on that primarly cater to gamblers most of whom are as afraid of horse racing as cancer.
I pointed out 10% takeout over that many potential outcomes is a nice deal for any gambler.
Sports such as tennis, golf, NASCAR, F1 et al that have outright betting over many potential winners usually trade around a 5% market not including commissions on the exchanges. This is analogous to that in a lot of regards.
Unfortunately I believe if one
wants to make the sport disappear very quickly? Make it so the only way one can get the best prices is by going to each track live.
Last edited by Foolish Pleasure; 08-26-2010 at 07:07 PM.
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