It’s difficult enough to make money with your favoured sports betting strategy.
But did you know that bookmakers make a profit even when you don’t place any bets? Find out how they do it in this eye-opening video!
We’ll closely examine the betting industry and how bookmakers like Bet365 make money even if you are not betting with them. We also look at the Flutter group, which contains Paddy Power, Betfair, & Sky Bet, but also Entain, who own Coral and Ladbrokes.
There is a huge incentive to get people to sign up for new sports betting accounts. While they would love you to lose money directly, they can make money even if you never place a single bet.
In this video, we reveal how that happens.
Whether you’re an avid bettor or just curious about the business, this video will give you a new perspective on betting.
00:00 – How Bookmakers traditionally make money
00:31 – How the betting industry makes money
02:07 – What happens to your inactive account
04:37 – Here is the hidden way bookmakers make money even if you don’t bet
12:37 – Summary
#betting #gambling #sportsbetting
Vídeo Completo
So thats how they do it. Do all Bookmakers do that or just Bet365?
Great video backed up with solid research.
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Believe it or not I kept £1 million in my bet365 account for months after I won it as I trust them more than my bank and knew I couldn’t be bothered to invest it or even move it around.
(I bet accumulators on outright markets . Have done for 26 years. It’s the best way to bet. Made £800,000 profit in 2018 when several bets based around Scandinavian football the World Cup F1 cricket and Golf money lists came in. )
Bookmakers are real scum bags they only want losers and if you do win you either get banned or they will only pay part of the winnings they always squirm out of any pay out.
That's actually a really smart setup. Like a financial institution without the legal protection customers would normally get. Do exchanges earn interest on balances too? If so thats even better model as most people will hold much larger ammounts for lay bets, trading etc
Wow…they use customers deposits for earning money ? Is that legal ? What would happen if their investment one day became a risky one and if some bettors asked for a withdraw of quite large amount of money ? Which clause written in their "Terms an Conditions" would they invoke ?