Basics???
Real Simple Q's:
1.What is the average cost to make a wager. Say I put $10 on the Redskins tonight with the 7 point spread. What will the average bookmaking site charge me for the wager? 10%? Less?
2.Am I correct in understanding that if I bet $1 on the Redskins at +270 I will win $2.70 if they win and if I bet $1 on the Eagles at -330 I will win $1.33 if they win. So the bookmaker is taking about how much? Do they charge me to make the wager or do they just arange these odds to profit long term?
Thanks
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