What won bookmaker?
What won bookmaker?
Earn you even bookmakers? Of course, every bet! If not won, they would not be in business, right? The easiest example of how bookmakers make money is as follows: 10. E bet on a team to win and they lose. These are 10 E profit for the bookmaker. However, when the favorite did not win, bookies make an even bigger impact. If a horse with odds 29.00 finished first would probably think that the company is a great loss due to the high coefficient. In fact, they make even more profit just when the favorite loses. Imagine round of Premiership 8 of 10 matches to win the favorite - it will be a hard weekend for all bookmakers. Nevertheless, companies will not be at a loss because they earn from every single one bet. The bookmakers odds so choose, you always have to win, regardless of the outcome.