Re: anonymous oddsman

[Rabid Wombat <wombat@mcfeely.bsfs.org>]

> 
> 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.