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Old 07-07-2009, 12:15 PM  
Joshua G
dumb libs love censorship
 
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Join Date: Jul 2008
Posts: 8,198
if you open a book, you run the risk of getting middled, or getting killed on one sided action. you need to know what the critical numbers are for each sport (NBA is 3, 6, & 10, while NFL is 3 & 7) & you need to ensure you hedge when you get one sided action. you can make money 364 days then on day 365 you get wiped out & them some. The only edge you have as a book is the vig, & you better know how to manage the lines & the action so you are not overexposed. & this does not begin to cover the issues of payment processing, money laundering & legal issues in some countries. unless you get the right experience running a book, you can easily get killed.
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