Wow, I'm impressed. Most people mistakenly think the losers pay 10% juice because it is just standard that if you want a $100 bet and lose you owe $110 when in reality you wagered $110 wether you want to look at it like that or not.
Your description was right on.
Initially, and it still holds true for small local bookies that they want equall action on both sides, or as close as they could get. Now though for the big guys and for Vegas books they just want as much action as they can get becasue they know most players are losers in the long run while the book basically has an unlimited bankroll to survive any potential short term loss, something most players don't have the luxury of.
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If aces didn't get cracked they would be writing books about me!
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