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post #21 of (permalink) Old 10-22-2012, 08:16 PM
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Re: Anybody Make A Living Here?

Originally Posted by Nabster View Post
99.9% of people who gamble for a living lose everything.
Bookie models are fairly accurate and they are going to beat the average punter handily, but they will always give tons of value away as it is impossible to design perfectly efficient wagering systems above a trivial level of complexity. People who know what they are doing will always be able to obtain an edge.
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