1.0Chief Gamblerhttps://www.chiefgambler.com/ukChief Gamblerrich600338<blockquote class="wp-embedded-content" data-secret="C5ee7TvNwv"><a href="https://www.chiefgambler.com/uk/how-do-bookies-make-money/">How Do Bookies Make Money? Sports Betting Explained</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.chiefgambler.com/uk/how-do-bookies-make-money/embed/#?secret=C5ee7TvNwv" width="600" height="338" title="“How Do Bookies Make Money? Sports Betting Explained” — Chief Gambler" data-secret="C5ee7TvNwv" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script> /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); //# sourceURL=https://www.chiefgambler.com/uk/wp-includes/js/wp-embed.min.js </script> https://www.chiefgambler.com/uk/wp-content/uploads/2026/05/How-Do-Bookies-Make-Money-Sports-Betting-Explained.jpg10801080Ever wondered why bookmakers tend to come out ahead, even when results surprise everyone? Plenty of people place bets, but far fewer understand what is happening behind the screen. Bookmakers set prices using data, build in a margin, and move odds as money arrives. They also manage exposure with limits, hedging, and live pricing, while […]