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Bookies do not usually make their money by placing bets themselves; rather, they charge a transaction fee on their customers' bets known as the "vigorish" ("vig" for short). S. Previously, Nevada was the only state to offer comprehensive legal sports betting. Since that ruling, many states have moved to legalize sports betting. Bookies and Setting the Odds The terms "lines" (short for "money lines") and "spreads" (as in "point spreads") are critical factors for bookies. Sometimes these calculations are based on those developed by casino actuaries or those who deal with risk calculations. Anyone thinking of becoming a bookie, however, would do well to study the considerable requirements of the job first. faux saint laurent bag

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