Assertion: bookmaker | /r/CapableOf | build in a profit margin
Facets:
value: by quoting odds
type: MANNER
value: into their odds
type: OTHER
value: into lines
type: OTHER
Source sentences:
text: This is WHY they build in a profit margin, and WHY they make money.
text: The main reason why it’s so hard to make money from sports betting is the simple fact that the bookmakers build a profit margin into their odds and lines.
text: The naïve among us may think therefore that the odds should be evens for each outcome, but in reality they never will be, this is where the bookmaker builds in their profit margin.
text: In reality, bookmakers build in a profit margin by quoting odds that imply a sum of probabilities greater than 1.