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[6] When a considerable wager is available in, a bookmaker can also seek to lay off the risk by obtaining bets from other bookmakers. Bookmakers don't frequently attempt to earn money in the bets by themselves but alternatively by acting as industry makers and profiting with the event regardless of the final result. Their Performing methods are similar to Those people of the actuary, who does a similar balancing of monetary results of functions for the reassurance and insurance coverage industries.
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