Sports betting | How a bookmaker make money and how to beat them!
The BTC Sports Show Week 16 – Part 2
Every time a big betting event occurs I’m reminded of that fact that while people like to have a bet with the hope of winning something, very few people actually understand why they lose money over the long term when betting.
Here is my explanation of how bookmakers make money from your average joe punter in a sports betting market.
Any betting strategy requires that you have an edge. You shouldn’t do any sports betting without ensuring that you have an edge with your betting system, but you also need to ensure you are betting into a fair market.
It doesn’t matter what betting tips you have, most markets are not fair so that is what we explore in this video.