Sports books have to balance the money on both sides. Their objective is to win money no matter who wins based upon the money on both sides. They’re saying that the money coming in for Trump is posing a tremendous threat to their sports book and they need people to start betting Biden or they’re going to take some major losses.
For those nor familiar with sports betting:
Sports books have to balance the money on both sides. Their objective is to win money no matter who wins based upon the money on both sides. They’re saying that the money coming in for Trump is posing a tremendous threat to their sports book and they need people to start betting Biden or they’re going to take some major losses.