dudetahoe

Member Since:February 2012
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dudetahoe
Streak Survivor > Do bookie's lose money? > View Post
Books have a very small hold percentage.  They will lose money if they are not safe or if their numbers get too far away from the consensus number.  If there is a whale(s) who is not sharp on their better list, then they can be quite profitable, but other than that they are not cash-cows like a slot machine or roulette tables. 
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