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I have no idea about the legality, but the implications of this might be bad enough for the betting industry that they could ban this themselves. Otherwise the
by rlpb 11y ago
I have no idea about the legality, but the implications of this might be bad enough for the betting industry that they could ban this themselves.
Otherwise the general public might be less likely to want to bet because they know that the insiders will get a disproportionate amount of the winnings, effectively lessening their odds.
- _xzu 11y agoDoes someone really think that insider information is not widely used in betting? Every bettor I know, professional or casual, tries to get as much insider tips as possible. Difference is that usually pros have better connections and statistics.