Inside The Mind Of A Bookmaker

[shulio]

Once you get to know how bookmakers make sure they always make profit, your gambling experience can be phenomenal. Some matches are over priced or over priced ( more odds offered for a winning team).

Who said bookmakers always make profit ? I've won multiple bets multiple times with great odds,this is my win win situation and bookmaker's loss.Matter of fact,they accept bets for multiple games with a number of people. The winning-lose ratio determines whether they profit or not.

The win or lose ratio has nothing to do with their profit. It is the amount of profit that they won from players and the amount that players actually win from them. If there are tons of bet that won 0.01 btc each and they won from a single bettor who wagered 1 btc then obviously they are still getting some profit

Sometimes, bookmakers are biased towards certain teams. This can be a good or bad thing depending on what you are betting. Bookmakers don't really care if you win small amounts from them as they can cover your winnings from other people losses. I notice many times that the odds in basketball does not make sense and you can make huge profits if you can spot the underpriced moneyline.

Thats how they get profit, wether we like it or not thats not their concern as long as they could get profit from that tiny odds that they give to the favourites however some sides actually offer higher odds for favourites to encourage people to bet more on the site well it doesnt really matter if you are only wager a low amount

[raven7886]

Once you get to know how bookmakers make sure they always make profit, your gambling experience can be phenomenal. Some matches are over priced or over priced ( more odds offered for a winning team).

What things have you noticed with Bookmakers that they do not want punters to know?

One thing that I personally have noticed is that the bookmakers always want the gambler to make pre-match bets and that's when they offer much more Max betting amount rather than later in-play markets. Maybe its because live in-play matches are more easy to be fixed ( match fixing ) on the spot ?