At first glance this is what my brain immediately computed.Originally Posted by tableplay
However, a few moments later my brain or the voices in my brain said it's 14 dollars extra on every hundred dollars bet.
This would bring it to a 14% differential.
So I think the correct answer is a 14% difference?
I think the point is that if an individual is going to make a living betting with the book they better damn well get the best price they can every time.
Otherwise its like playing a Video Poker game where they cut you on the Full House.
Sort of like 9/7 Double Bonus instead of 10/7.
Obviously, it can be completely worse in the book as it seems to be able to range from 5% to 20% depending on who you bet with.
Of course this isn't new information by any means.
Everyone pretty much knows this but it is good to beat it into our heads or reinforce it mentally, so the individual gambles better or dare I say smarter.
And we also have the issue of how much you can bet without problems.
Sure, you might be able to get down for 10k on some good line but how long before they cut you off?
So that begs the question if it is better to bet lower amounts with more books and take a cut in price?
I'm sure redietz knows the answer.
The question is, will he disclose this information publicly?
It seems obvious that if someone is going to do it they need a home base with all current lines and a team of runners.
Too complicated and too much work for me.
No wonder they just sell the picks to the suckers.
Much easier with no risk.
And technically its a legal scam.
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