From: Rabid Wombat <wombat@mcfeely.bsfs.org>
Date: Sun, 3 Nov 1996 23:14:29 -0800 (PST)
To: ichudov@algebra.com
Subject: Re: anonymous oddsman
In-Reply-To: <199611040431.WAA16905@manifold.algebra.com>
Message-ID: <Pine.BSF.3.91.961104010409.8087C-100000@mcfeely.bsfs.org>
MIME-Version: 1.0
Content-Type: text/plain



> 
> It is these people together with "William Hill" whom we exploit.
> 
> What I do is the following: I go to the Ladbroke's and offer to pay the
> gamblers not $6, but $6.01 if Dole wins. Being somewhat rational, these
> traders gamblers see a better deal than Ladbroke's offers, and
> give me their $1 bills. This is very simple.
> 
> I take their $1 bills and run to "William Hill", where I take another
> side of the bet. 
> 

Or Ladbroke's takes their bet for $6, and goes to Willaim Hill, and takes 
out a bet ...  :)

-r.w.