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No, it doesn't work that way. Bettors, in this context, aren't price-sensitive so the book is never balanced. There are some tools that bookmakers use to get mo
by skippyboxedhero 1y ago
No, it doesn't work that way. Bettors, in this context, aren't price-sensitive so the book is never balanced. There are some tools that bookmakers use to get more balanced - handicap markets - but it still never ends up being balanced if you are a largely retail-facing book.