Tag: profit

Articles tagged as Profit

Posted on April 24, 2020 by Weston Roberston

The role of a'bookie', the common name of the person involved in bookmaking, is quite important in the world of gambling.The bookie is responsible for keeping track of all of the bets in the game.The bookie can take bets on any professional occasions - races, election, college sports.Bookmaking was prohibited been prohibited before...

Posted on February 15, 2020 by Weston Roberston

Casinos have an edge and they make money, FACT.Players bet on Roulette and the game has a built in edge in the casinos favour.The player wins or loses on individual bets, but the casino is looking at the odds over the long run.It is somewhat like the way the insurance companies calculate insurance premiums, they lose sometimes, but they have an edge in their favour where premiums collected are more than their payouts...