GiddyGap@lemm.ee to politics @lemmy.world · 2 months agoKamala Harris has a nearly 40% chance of beating Trump, bookies saywww.marketwatch.comexternal-linkmessage-square20fedilinkarrow-up112arrow-down134
arrow-up1-22arrow-down1external-linkKamala Harris has a nearly 40% chance of beating Trump, bookies saywww.marketwatch.comGiddyGap@lemm.ee to politics @lemmy.world · 2 months agomessage-square20fedilink
minus-squarePronell@lemmy.worldlinkfedilinkarrow-up5·edit-22 months agoIt’s what bookies do. They set the payouts and take bets from both sides so that the losers pay for the winners. After a little work it’s just math and turning away bets / adjusting payouts when you’re already too heavy on that side.
It’s what bookies do.
They set the payouts and take bets from both sides so that the losers pay for the winners.
After a little work it’s just math and turning away bets / adjusting payouts when you’re already too heavy on that side.