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Bookmakers build in a margin, also known as overround, to ensure a profit. Be aware of the margin embedded in the odds, as lower margins generally mean better value for bettors. Understanding this concept helps you assess the fairness of odds. Streamotion (kayo sports & binge), Racing NSW must consult with registered race clubs regarding any proposal to set minimum standards under this section, giving each race club an equal opportunity to voice its concerns and submit comments regarding any proposed standard.
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