i dont get why there is vig on betfair

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  • SportsMushroom
    SBR MVP
    • 09-28-10
    • 4177

    #1
    i dont get why there is vig on betfair
    there is no bookie, you are making a bet with a fellow punter

    why arent the odds +100 -100?

    there seems to be a 1-15 cent vig built into the odds

    was Matchbook the same way?

    I might be wrong here, maybe i just dont get how the system works havent researched it really but it seems they are cheating bettors from a shitload of money

    which doesnt make sense, the more money a bettor makes, the more they earn in commission
  • boatboatboat
    SBR MVP
    • 02-23-11
    • 1148

    #2
    so someone should set up web site, post games, maintain a service call senter, run ads, send out checks, do the banking, and do all this with -100 and +100 lines

    BRILL-YANT!
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    • SportsMushroom
      SBR MVP
      • 09-28-10
      • 4177

      #3
      Originally posted by boatboatboat
      so someone should set up web site, post games, maintain a service call senter, run ads, send out checks, do the banking, and do all this with -100 and +100 lines

      BRILL-YANT!
      errrrrr, they dont make one cent from the vig, that is my point

      they make their money from taking a cut off your winnings, so the less the vig, the more you make, the more they make
      Comment
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