Quote:
Originally Posted by mbyron
The smart bettors know that the bookmakers set the line in order to bring in approximately equal amounts of money on either side of any game. No matter how the game ends, bookies use the losers' money to pay off the winners. Bookies make their money on the cut, not the outcome, so they don't care who wins or how.
Only losers care how.
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Exactly, Batman. What people don't understand about how it really works. If you've "balanced your book," who wins and how is immaterial.
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"And I'm not just some fan, I've refereed football and basketball in addition to all the baseball I've umpired. I've never made a call that horrible in my life in any sport."---Greatest. Official. Ever.
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