Sep

11

Bookies and the vig

September 11, 2021 |

remember that sports books are among the most profitable enterprises in the firmament and they let you choose a million interactions and/or splits, what used to be called the automatic interaction detector in my day. they dissect the data much more carefully than any technical analysts and they report statistics. they find that with all the expertise and all the advice that they can give, 1 in a million sports bettors can beat the 52% necessary to win.

the vig in trading is much more than the 5 1/2 % that the sports books take out.

Vic's twitter feed


Comments

Name

Email

Website

Speak your mind

Archives

Resources & Links

Search