how do bookmakers make money?

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2006-07-29 19:05:35 · 3 answers · asked by Joshua K 1 in Computers & Internet ➔ Internet

they get a percantage of the sale of the books

2006-07-29 19:07:42 · answer #1 · answered by Neefs Portillo 4 · 0⤊ 0⤋

If you bet $100 and your team loses, they keep the money. They count on people losing. They also take a small percentage of your win.

2006-07-30 02:09:48 · answer #2 · answered by tsopolly 6 · 0⤊ 0⤋

They take a cut of all their deals. It's maybe 2-3%.

2006-07-30 02:06:48 · answer #3 · answered by Charles G 4 · 0⤊ 0⤋