Bookmakers accept sports bets and, in case of a win, pay money to customers. Experienced players know how and what bookmakers earn. It is worth noting that their income is completely legal.
The history of the bookmakers
Sports betting has been popular since ancient Rome. Then people tried to predict the result of gladiatorial fights, chariot races. They put money or other values, and then waited for the result. It was necessary to choose a specific rider or gladiator who would win.
There were no odds at that time. The win was equally divided between all the people who correctly determined the result of a particular event. That is how bookies worked until the 18th century.
In 1766, Duke Richard Tattersall launched a horse auction. He planned to expand his business, and proposed a tote. Bets were initially accepted only from club members who could bet on their horses. After a while, the tote became available to everyone.
In the 19th century, many new sports disciplines appeared.
Interest clubs were organized where people could bet on a certain outcome. Bookmakers were created who were engaged in the reception of bets. At that time, they began to calculate the coefficients, which had not happened before. We did this so that the bookmaker remained in the black regardless of the outcome of the tournament.
After a while, the state began to control bookmakers.Similar institutions began to pay taxes, and brought considerable profit. The first bookmaker appeared in Britain. It was founded by Leviathan Davis and Fred Swindell. A few years later, such establishments spread throughout Europe.
How do bookmakers earn on bets?
Honest bookmakers never cheat customers. One of these is https://bukmekerskaya.online. At the same time, such institutions still remain in the black, so they continue to work. The bookmaker seeks to ensure that the profit is regardless of the outcome of the event.
The main source of income is margin. Odds calculated on the basis of the probability of a particular result are supplemented with a bookmaker commission. Many offices work with margin, the value of which is 8-10%. The more players there are, the higher the income of the bookmaker.
When one player wins and the other loses, the bookmaker takes the money of the loser and transfers them to the winner. In this case, a commission is calculated, the amount of which is determined individually. The winner receives his bet and additional income. The bookmaker is charged a commission, and only the loser is left with nothing.
Now many bookmakers work on the Internet. They offer customers the withdrawal of money to the card. For example, a list of verified offices can be found on this site: https://bukmekerskaya.online/stati-o-stavkah/bukmekerskie-kontory-s-vyvodom-na-kartu. To bet, you don’t even need to leave the house. It is enough to have Internet access to use the services of a bookmaker.
