How much profit does a bookmaker make a day?

Question

I&#x27;m curious on what you think. Like a big bookmaker like bet365 betfair bookmaker.eu, how much money do you think they make every day? 100 000$ 10 000$ ??

makako · Answer

I&#x27;m curious on what you think. Like a big bookmaker like bet365 betfair bookmaker.eu, how much money do you think they make every day? 100 000$ 10 000$ ??

TheGoldenGoose · Answer

You would first have to guesstimate the handle.

$20m on a good Saturday or Sunday in Football season.

A 5% vig would equal $1m gross revenue.

This is where I am stumped. No idea about operating costs.

Rest assured they are kicking azz.

SportsFan9698 · Answer

All of the numbers concerning offshore gambling are well hidden. What is the handle? Gross or net profit? Nobody knows. You may find figures here or there, but they are guesses at best.

While I realize that to many it seems they are just operating a printing press creating cash, I can assure you it is not that easy - at all. To be a successful bookmaker you need to be very sharp on lines, and create balanced action. You also need to be marketed properly, and create a very positive allegiance among those that want to wager.

At the end of the day, I am very sure that Bookmaker, 5Dimes, andy many others are very profitable. I really could not care less about their profitability as long as I get paid.... and I have been getting paid quite handsomely by 5dimes recently :)

TheDrizzle77 · Answer

Depends how much you gave them this weekend, makako.

LVOptiontrader · Answer

William Hill is a public company. Just looks up their financials.

isport · Answer

Flutie no need to randomly attack people. Go to SBR your crap might be liked there.

How much profit does a bookmaker make a day?

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