Is it better to place bets or take bets?

Question

better or bookie?

Answer 1

It is always better to take the bets as the odds of winning by gamling is low.  The better is betting on who will win in a horse race but the bookie is betting on who doesn't win.  There is one one winner but many losers per race.  So yeah the bookie has to pay the people who guessed the winner but he gets to keep all the money from the betters who betted their money on a loser.

Answer 2

Doing it on a betting exchange is more difficult than operating as a bookmaker, because there is virtually no overround built in and the exchange takes a commission too. It is still more than possible to make a living as a layer though.

You can learn more at:

http://www.OnlineBettingExposed.com

Answer 3

I can guarantee you that the professional handicappers that make the published lines for sporting events are for more skilled than 99.99999% of the people who could place a bet with a bookie. As long as you always use the proper lines, have have a bankroll to sustain big hits, don't take too many one sided bets (i.e., everyone is betting on the same team) and take the proper vig, it's virtually impossible to lose money as a bookmaker in the long run.

Answer 4

best way is not to gamble with hard earned money. put it to better use by investing

Answer 5

bookie....they win 5 percent each and every time......0ne guy take the patriots and puts up $ 110.oo........another guy takes the giants and puts up $110.oo......one person loss $110...the other guy wins a hundred ......the bookie keeps 10 dollars from the loser......this is how any self respecting goomba runs his business.    but he better kick 2 dollars upstairs as tribute or he walks with a limp, you know what I'm saying?

Answer 6

bookie

Answer 7

It is definately better to take bets, like the bookies, because they put not the real odds, usually the odds are down with at least 0.2-3 from the real odds. For that there are places that are called exchanges and you can either take bet or place bet. There is more info about BF exchange at http://bettingwise.hit.bg/Betfairsports....