4 ms·

I wonder if bookies share between them information about where people places the money.

• jqpabc123 3mo ago
  What is happening with other bookies is not really relevant. All a bookie really cares about are the bets on his books. As long as the bets are roughly the same on each side (money wise), the bookies work is done. All he has to do is take from the losers and give to the winners --- and take a nice cut for himself.
  • cmanoliu 3mo ago
    I never built this to bet, just for fun, always liked statistics and sports. In the end, better to invest your money in stock market and leave it there, than to think you can make a living out of betting.
    • jqpabc123 3mo ago
      than to think you can make a living out of betting. The most sensible, surefire way to make money from betting is to become a bookie. A good bookie doesn't care about picking winners and he knows precisely how much he will make before the game begins.