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Improver?
26th March 2006, 23:11
I read on a website (I forget the name) that the bookies on average only make an average of 2% profit on football compared with 18% on horses or do you think thats a load of rubbish. Im alot better on football thats why giving up for good would be annoying.

MarcusMel
26th March 2006, 23:17
You can check out the overround values for yourself.

Win2Win
27th March 2006, 08:47
Over the course of a season they make around 1.5% on everything.

mathare
27th March 2006, 10:19
Premiership books are usually a 6% or 7% overround. This increases to maybe 10% or 12% for lower leagues and perhaps the foreign leagues. 2% sounds too low for the average figure.

18% for the horses is believable though

Win2Win
27th March 2006, 14:43
He was talking actual profit, not theoretical overround.

mathare
27th March 2006, 14:55
He was talking actual profit, not theoretical overround.Good point :)

2% still sounds a bit low for the footy to me though

Win2Win
27th March 2006, 14:57
I wouldn't mind 2% profit from a billion turnover :)