New Posts For Thread: The Bookmaker's Bookhttps://community.betfair.com/general_betting/go/thread/view/94082/27376341/the-bookmakers-bookI have read that the bookmaker will always win no matter which horse wins the race...how can this be so when he has no control on who bets on what. Yes he may change prices on selections to reduce liability on others but that does not mean people wilI have a mate who used to be a bookies clerk. Basically if a favourite wins they lose. If a second favourite wins they break even. Anything other than that and they win. He's been at some meetings where a rank outsider has gone in - e.g at 100-1. Thehttps://community.betfair.com/general_betting/go/thread/view/94082/27376341/the-bookmakers-book?post_id=491236717#491236717I have a mate who used to be a bookies clerk. Basically if a favourite wins they lose. If a second favourite wins they break even. Anything other than that and they win. He's been at some meetings where a rank outsider has gone in - e.g at 100-1. TheSat, 02 Apr 2011 14:42:41 -0500the bookmaker will always win no matter which horse wins the raceNo , they lose on some races , win on most. As you say, thy will be more likely to lose on races where the favourite wins.They do not expect to win on every race and are not likely to bhttps://community.betfair.com/general_betting/go/thread/view/94082/27376341/the-bookmakers-book?post_id=491058833#491058833the bookmaker will always win no matter which horse wins the raceNo , they lose on some races , win on most. As you say, thy will be more likely to lose on races where the favourite wins.They do not expect to win on every race and are not likely to bThu, 31 Mar 2011 20:14:34 -0500HL&S.https://community.betfair.com/general_betting/go/thread/view/94082/27376341/the-bookmakers-book?post_id=491035589#491035589HL&S.Thu, 31 Mar 2011 16:28:45 -0500age 21, fishing for what, you seem to imply there is an under current here, perhaps you would care to enlighten us...https://community.betfair.com/general_betting/go/thread/view/94082/27376341/the-bookmakers-book?post_id=491027385#491027385age 21, fishing for what, you seem to imply there is an under current here, perhaps you would care to enlighten us...Thu, 31 Mar 2011 15:16:35 -0500not wishing to sound rude, but dont believe all you read95% of bookies will have some liability or other on 95% of raceshttps://community.betfair.com/general_betting/go/thread/view/94082/27376341/the-bookmakers-book?post_id=491023017#491023017not wishing to sound rude, but dont believe all you read95% of bookies will have some liability or other on 95% of racesThu, 31 Mar 2011 14:41:52 -0500lol a very poor fishing attempthttps://community.betfair.com/general_betting/go/thread/view/94082/27376341/the-bookmakers-book?post_id=491022677#491022677lol a very poor fishing attemptThu, 31 Mar 2011 14:38:54 -0500I have read that the bookmaker will always win no matter which horse wins the race...how can this be so when he has no control on who bets on what. Yes he may change prices on selections to reduce liability on others but that does not mean people wilhttps://community.betfair.com/general_betting/go/thread/view/94082/27376341/the-bookmakers-book?post_id=491018465#491018465I have read that the bookmaker will always win no matter which horse wins the race...how can this be so when he has no control on who bets on what. Yes he may change prices on selections to reduce liability on others but that does not mean people wilThu, 31 Mar 2011 14:00:18 -0500