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Old 09-08-2005, 10:06 PM
Mr_J Mr_J is offline
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Join Date: Dec 2004
Posts: 639
Default Re: Given enough time ...

"This is not exactly how a book works as it is often more in the interest of the bookmaker to have an equal amount of money on both sides of the line to minimize their risk."

This actually isn't true for the most part. They set lines that will give them the most EV for the risk they're willing to take, which generally doesn't mean balancing action.
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