A bookmaker is a person who accepts bets. You can bet on anything, not just on the sport, as many believe. For example, the victory of a politician in an election, or the result of various contests.
The bookmaker must have good analytical skills. The bookmaker offers players a "bet", based on a mathematical calculation, statistics, and the players bet, based on their knowledge in this area. The player needs to predict the outcome of the event, or recognize the deception of the bookmaker. In no case will a good bookmaker be at a loss.
How is the profit of the bookmaker formed? Each sports team is given a certain percentage. And this percentage is always more than 100, because it contains a bookmaker margin.
At the expense of those who bet on the losing teams he pays the winners a win. The remainder takes itself. This is his income. In addition, he bears the costs of doing business: pays taxes, salaries, etc. The income minus all these expenses is the bookmaker's profit.
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