Cool. I still don't understand how they get away with that and get their books somewhat in balance but it's important to know.
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Cool. I still don't understand how they get away with that and get their books somewhat in balance but it's important to know.
In best of three, there's a clear fls distribution of returns though.
What does "fls" stand for?
"that favorites' prices are raised due to competition"
This is a very interesting observation. By prices being raised you mean that the payout/odds are raised on the favorite right?
That makes...