Posted:
#1
For all you people in the industry.. This pertains to local books in college towns and not las vegas like books (going up to a window and betting)..
If you are the financial backing for the book and don't operate the book, how much would be paid to the people who run the book operations (taking bets, paying out, etc.)? I'm guessing it depends on situation to situation but wasn't sure how most people did it. Is it a % if a profit is made in a weekend or a base pay for the weekend with a bonus if they win?
Any insight on the topic would be appreciated, thanks
