[LPisGood]

The house does not always win in online sports books. I personally know some quant minded people that have been banned or backed off from a dozen or more online sports books because they are crushed by any nontrivial understanding of price/probability and arbitrage. They do make a lot of money from people who bet for fun or based on their perceived knowledge of the particular sport.

[empath75]

You just explainer why the house always wins. If they don’t, they will stop taking your bets.

[dghlsakjg]

> I personally know some quant minded people that have been banned or backed off from a dozen or more online sports books

That's the house making sure that the house are always the winner.

[daseiner1]

Good video on this:

https://youtu.be/XZvXWVztJoY?si=to8qYcXuBT2xAaIz