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BGonline.org Forums
What are the odds--Monte Carlo bets | Betting sites?
Posted By: leobueno In Response To: What are the odds--Monte Carlo bets | Betting sites? (Phil Simborg)
Date: Friday, 20 July 2018, at 5:19 p.m.
I think the "rake" in betting circles on match plays (e.g., Team A vs Team B) is around 5% of the total amount bet.
Don't know what it usually is in in pool bets (e.g., who will win the World Cup). Not unreasonable to expect a little higher, but should not be so high as to discourage bettors.
By the way, if you want to see high rakes, take a look at horse racing house takes. Yet, there seem to be lots of folk who keep playing against those stupidly resulting odds.
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