David Marshall28 июл., 04:35Yeah, I don’t have a precise sense of the average vig at sports books, but realistically the “spend” is more like 1/10th the amount wagered. If your headline is off by *an order of magnitude* you’re not really being informative.
not my monkey, not my circus...28 июл., 04:45so your guess is more reliable than a professional journalist at a top finance publication who has solid figures obtained through research. impressive 🙄👍
David Marshall28 июл., 05:11You’re missing my point: roughly 90% of what is wagered is *paid back out* to other bettors. The sports books only keep 10% or so. I believe her numbers are accurate as to *what was bet*. But that is very different from what’s spent, which is the net difference between wins and losses.