A quick look at how bookies win with every bet.


This video was made possible thanks to the generous support of my Patreon members. If you wanna join them in helping to keep my channel going, or simply to get free e-mail updates for all new uploads, Patreon's the place.
https://www.patreon.com/tapakapa

You can also contribute to the channel with a simple money transfer.
No sign-in, no recurring payments.
https://donate.stripe.com/00gbJ13A8dwKaSkeUU

MERCH: https://teespring.com/stores/tapakapas-little-merch-store
REDDIT: https://www.reddit.com/r/tapakapa


Sources:
http://ubplj.org/index.php/jpm/article/view/987/968
https://www.investopedia.com/articles/dictionary/042215/understand-math-behind-betting-odds-gambling.asp
http://www.goal.com/en/news/3049/ask-the-bookie/2010/04/24/1892417/ask-the-bookie-how-are-betting-odds-created
https://www.pinnacle.com/en/betting-resources/betting-tools/margin-calculator#height
https://www.pinnacle.com/en/betting-articles/Betting-Strategy/Calculate-margins-on-1X2-odds/BHHJ5TXM8PFDHSYX#height
https://stats.stackexchange.com/questions/29828/how-do-betting-houses-determine-betting-odds-for-sports
https://punter2pro.com/how-bookmakers-earn-edge-overround/
https://sports.bodog.eu/content/math
https://www.oddsshark.com/sports-betting/who-sets-line

Music:
Background: "Present Day" by E's Jammy Jams
Outro: "Nighttime Stroll" by E's Jammy Jams

#Bookmaker #Betting #Cheating #Gambling