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A comment on Beating the bookies with their own numbers. Parent comment

Re:Beating the bookies with their own numbers by robertlagrant on Saturday November 16, 2024 @01:50AM (#42154902)
> I was under the impression bookies placed bets with each other to even out those risks, specifically to avoid creating arb opportunities.

Doesn't that just mean they don't lose money? You can still make money as a punter in that scenario?

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Re:Beating the bookies with their own numbers by kqr on Saturday November 16, 2024 @03:07AM (#42155184)
My intuition is that it would mean these underpriced outcomes would go away.
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