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Bookies may perhaps raise incentives and in some cases mortgage money to persuade bettors to chase their losses, resulting in economic and other varieties of wreck.
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The most significant effect on the HKJC's functions are late cost actions or "value stomping" mainly because it is thought, speedy price tag fluctuations as funds in the offshore marketplaces floods back in the ultimate minute of betting, A great deal of it thought to be income from unlawful bookmakers controlling their legal responsibility. It might seem inconceivable that a totalisator pool that contains more than HK£30million here in get bets can be manipulated, but Skilled punters are adamant which the follow is occurring.