European-Style Sportsbooks: Bad for Everyone

Types of Sportsbooks and the Right to Refuse Action

Both have been refused action by at least dozens and probably hundreds of sportsbooks in my own life. I believe this is how it is for anyone who has made any decent quantity of money in sports betting.

I feel blessed that some of these actually paid me and frankly really don’t begrudge most of these novels. I am not too proud to admit that many of what I beat these books on were things which are among the simplest to beat in sports betting – props, tiny sports, and early traces in medium-sized sports at which everything goes 2 points or equivalent. For the significant things I wager at the typical significant books which are comfortable booking the action, and don’t have any trouble getting down to the day although I’ve been restricted to a degree at a few, unfortunately in the few bigger sports I really like.

In my view, sportsbooks do not have any sort of obligation to take a bet, especially offshore sportsbooks. With regulated sportsbooks there is a little more of a debate to be made, but even regulated sportsbooks are quasi-private companies that exist to create money, and can’t be expected to have a beating from sharps and do nothing about that. And it’s a very tough business in which to earn any money, particularly today; if you have a look at the earnings reports of the major controlled novels, they’re not too profitable. Most make a pathetic proportion of the win after paying marketing, taxation, and expenditures, and a few lose money.

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