"but they are hopeless against a 15-to-20% takeout"
Ya gotta be pretty good to beat that take. I don't know much about handicapping but what little I do know usually impresses casual people, they always ask if I make money (not really) and basically all I could do is beat the take, imagine getting another 15-20% on top of the take to make money, very difficult to do.
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"To learn who rules over you, simply find out who you are not allowed to criticize"...Voltaire
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