Re: Kee R2 (345 Views)
Posted by: Roman (IP Logged)
Date: October 19, 2025 05:48PM
https://archive.is/20250722140016/https://www.wsj.com/us-news/texas-lottery-gamblers-jackpot-win-40e3d6fb
https://www.smh.com.au/national/36m-in-profits-gambling-business-just-a-hobby-ato-told-20120802-23gpf.html
https://www.tradematesports.com/en/blog/zeljko-ranogajec-sports-betting
This quote says it all. "Ranogajec himself said; “it’s simple, if you bet $100 and lost $5, but you get a 10% rebate, you still make 5%. You always win, if you bet very large and it’s a pari-mutuel pool, you depreciate it so far that you end up getting under fair odds. If you fix something at $8, you get six, but if you get a rebate it puts you into the positive.”
https://www.smh.com.au/national/36m-in-profits-gambling-business-just-a-hobby-ato-told-20120802-23gpf.html
https://www.tradematesports.com/en/blog/zeljko-ranogajec-sports-betting
This quote says it all. "Ranogajec himself said; “it’s simple, if you bet $100 and lost $5, but you get a 10% rebate, you still make 5%. You always win, if you bet very large and it’s a pari-mutuel pool, you depreciate it so far that you end up getting under fair odds. If you fix something at $8, you get six, but if you get a rebate it puts you into the positive.”
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