20th May 2014, 04:12 PM
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Member
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Join Date: Sep 2011
Posts: 1,534
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Quote:
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Originally Posted by Pat123
Legislation needs to be put in place whereby a Bookmaker must take on every customer to a certain liability each race/sporting event, regardless of whether they're positive or negative overall.
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Most do give you a liability. Its about $5 that you can win which can mean bets of about 30c or less.
Interesting I have been to a lot of trade shows on data science and prediction and every single one of the bookies is there and are eager to find better techniques for identifying betting patterns. |