Author: Keith Evans
Date: 14:22:17 12/30/03
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On December 29, 2003 at 15:47:05, Vincent Diepeveen wrote: >The only reason bookmakers give 1 to 30, is because they earn more giving 1 to >30 than when they would give 1 to 100. > The would offer this if they believed that's what it takes to balance the bets. They are predicting how people will bet, not on who will win. Whenever people make a statement about how wrong the bookmakers were, they are misinterpreting the odds. As long as the bookmakers balanced the bets, then they made their profit. -Keith
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