Making my own book

thomasperfecto · #1 09-01-2006, 06:09 AM

If I wanted to offer a book on an event that I thought was close to 50/50, could I set the odds so as to lock in a profit for myself?

Recliner · #2 09-01-2006, 09:34 AM

You would want to set the odds at -110 for both sides and then make sure you get equal action on both sides.

Freerollin` · #3 09-01-2006, 09:38 AM

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If I wanted to offer a book on an event that I thought was close to 50/50, could I set the odds so as to lock in a profit for myself?

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Of course not. How could you possibly guarantee equal action on both sides? Even if you see it as 50/50, others won't necessarily.

thomasperfecto · #4 09-01-2006, 10:43 AM

[ QUOTE ]
[ QUOTE ]
If I wanted to offer a book on an event that I thought was close to 50/50, could I set the odds so as to lock in a profit for myself?

[/ QUOTE ]

Of course not. How could you possibly guarantee equal action on both sides? Even if you see it as 50/50, others won't necessarily.

[/ QUOTE ]

Alright love calm down!