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So what’s a hold? It’s the percentage of money the sportsbook holds onto after all bets have been settled, or just gross income divided by dollars wagered. Nevada and New Jersey, the two most developed sports activities betting markets within the nation, have been between 5-7%. A 10% hold implies -a hundred and twenty or -125 on every facet of an ordinary bet with two outcomes, versus the -one hundred ten you see most places. So a typical NFL wager would possibly appear like this:
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