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The house does not always win in online sports books. I personally know some quant minded people that have been banned or backed off from a dozen or more online
by LPisGood 1y ago
The house does not always win in online sports books. I personally know some quant minded people that have been banned or backed off from a dozen or more online sports books because they are crushed by any nontrivial understanding of price/probability and arbitrage. They do make a lot of money from people who bet for fun or based on their perceived knowledge of the particular sport.
- deleted 1y ago[deleted]
- empath75 1y agoYou just explainer why the house always wins. If they don’t, they will stop taking your bets.
- dghlsakjg 11mo ago> I personally know some quant minded people that have been banned or backed off from a dozen or more online sports books That's the house making sure that the house are always the winner.
- daseiner1 11mo agoGood video on this: https://youtu.be/XZvXWVztJoY?si=to8qYcXuBT2xAaIz https://youtu.be/XZvXWVztJoY?si=to8qYcXuBT2xAaIz