bookie

It's been my understanding that the local bookie is slightly better than the state for small time gambling.

There are US based companies that sell turn-key solutions to start your online casino or sports bookie websites.

It's like the difference between occasional bets between friends on sports games and being a professional bookie.

This article makes the rather optimistic assumption that bookie prices efficiently and purely represent probabilistic models.

They operate in small circles and word would spread quickly if a bookie refused to pay someone who had legitimately won.

Now, if the difference between the odds one bookie is offering on next week's met's games and another bookie is greater than the vig, someone is going to come in and arbitrage it.

Yeah, sure, but also the bookie will give you crappy odds on that bet!

If the bookie were to take that bet like he wanted to, it would have put him out of business either way.

And if somebody wants to be the office bookie as long as he pays out every dollar he takes in, hey, have fun.

The art of being a good bookie is making sure you have action on both sides of a bet - that way you never lose.

For the small time payouts, I'd trust that the bookie's desire to keep the bets rolling in will be inducement enough to pay.

At least one high-street bookie said the same thing.

Now, do you think the retired-cop-turned-bookie was a ballbuster to the mobsters in New York, or one of the "friendlier" cops?

"He interviewed hotel employees who had been inside villa 8888 and had seen a number of computers, monitors, and chairs set up in a configuration that resembled a boiler room bookie operation." I love how real world legal documents read like old crime novels.

I am not a "techie," unless you'd like to be the "bookie" or the "accountie," or perhaps "presentie." Who am I kidding: these engineers have earned their place by subordinating to someone like this.

When people realize that "some unelected, uanccountable government employee has access to my phone calls and my emails including the ones to my (lover/bookie/doctor)", or put another way, "The government spies on ME " that is a much more powerful thought than just "Eh, the government spies on people".