ok so the racetracks are scared, make that terrified, they may actually lose money.
in the interest of gambling goodwill everywhere, i'm here to help them out, free of charge.
the line is team a is favored by 7 over team b, start off both sides -110.
take all the action you get, move the money line based on parimutual wagering on both sides. true you'll never know how much you'll get back until the game is over and the money balanced, but at least the racetrack will not lose money.
sure this isn't sports gambling as we know it but at least it will get the ball rolling before any injunctions get filed, and could suffice until somebody with bookmaking acumen steps up to the plate and isn't afraid to take a risk.
to make things simple, single game wagering only, screw teasers, parlays, futures etc.
in the interest of gambling goodwill everywhere, i'm here to help them out, free of charge.
the line is team a is favored by 7 over team b, start off both sides -110.
take all the action you get, move the money line based on parimutual wagering on both sides. true you'll never know how much you'll get back until the game is over and the money balanced, but at least the racetrack will not lose money.
sure this isn't sports gambling as we know it but at least it will get the ball rolling before any injunctions get filed, and could suffice until somebody with bookmaking acumen steps up to the plate and isn't afraid to take a risk.
to make things simple, single game wagering only, screw teasers, parlays, futures etc.