B
BroomWagon
Guest
Let’s not forget, the Bookmakers missed on the Baltimore Ravens, Superbowl team of last week throughout the whole of the playoffs, even the spreads I’m rather certain, so odds are just that…Bookmakers set odds to produce the maximum action that is balanced on both sides. They do not know or care who will win–they just want to balance their book of bets and capture the percentage they keep, know as vigorish, or simply, the vig.
By the way, I am not a gambler, but I was always good at math. When online gambling was legal before October 2006, I won more than $100,000 at it because I only played with promotions where the odds were in my favor. Legal gambling is a tax on people who do not understand arithmetic. Illegal gambling is even worse, because you also risk not being paid or paying fines for getting caught.