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#4
12-05-2005, 11:43 AM
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Re: Say you were a bookie....
[ QUOTE ]
Or am I missing soemthing? [/ QUOTE ] Your missing the juice. Lets say your client makes 200 $100 bets during the season. He wins 95 and loses 105 for 47% win rate. He loses $2050 for the year. You fade all his picks and win 105 and lose 95 for a 52% win rate. You lose $450 for the year. 
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