Against the Rules with Michael Lewis cover image

Vegas Sports Bookies on Old-School Betting

Against the Rules with Michael Lewis

CHAPTER

Shifting Sands: The Evolution of Sports Betting

This chapter explores the intricacies of betting limits and their application to different types of bettors, emphasizing the tension between high-profile wagers and risk management. The conversation highlights the transition from traditional betting practices to contemporary corporate approaches, showcasing the impact of legalization and technology on the industry. Insights from veteran bookies underscore the importance of understanding gambler behavior, predicting a future where automation plays a central role in betting.

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