A.P.Jones Racing, racehorse trainer, Lambourn. In other words, pool customers bet against each other, whereas in bookmaking they bet against the bookmaker. Odds fluctuate according to the pattern of betting and betting ceases at the 'off'. Spread betting on sport is the most exciting development bookmaking has seen for a very long time. It offers challenges, variety and rewards far greater than those found with traditional fixed-odds bookmakers with advantages that they cannot possibly match.
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