Six to Five Against by BOHE
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Six to Five Against by BOHE

The Match Nobody Watched
The Big Five, Part 5 of 5. Tennis is the fifth-biggest betting market on earth. A great deal of it trades on matches with no crowd, no broadcast and a…
 • BOHE
The Oldest Exchange in the Building
The Big Five, Part 4 of 5. Hong Kong bet US$18.3 billion on 865 horse races last season. The house didn't take a side on any of them.
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The Flat Line
The Big Five, Part 3 of 5. The NFL is the biggest betting market in America and third in the world. This season, for the first time since 2018, the…
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Nine Minutes
The Big Five, Part 2 of 5. Basketball is the second-biggest betting market on earth, and the one where a single player can move his own price. The prop…
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The Game That Never Closes
The Big Five, Part 1 of 5. Soccer is roughly half of every dollar bet on sport on earth. Last Friday, one of its biggest markets was switched off by…
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The Greatest Bookie You’ve Never Heard Of
Charles K. McNeil got limited by the biggest book in Chicago, opened his own, invented the point spread, and put the other house out of business inside…
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The Flag of Convenience
What is the difference between a prediction market and a sportsbook? On the price, there is none. Minus 110 is 52.38 percent. The difference is which…
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There Is No Floor for This
Every market needs a settlement event. A life doesn't have one. That isn't a gap in the technology — it's the definition of a market, and eleven people…
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All Day I Dream About Six
Six is the only number that crosses 3 and 7. A man with a finance PhD published that in 2001, it printed for two decades, and then the price moved…
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Plausibility Is the Enemy of the Miracle
Whe reverse-engineer inevitability from comfortable margins, in football and in our own lives.
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Nobody Went Back to Compton
Twenty-three years without an American man winning a major. The country still makes the players. It stopped being able to afford to find them.
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Six to Five Would Be a Bargain
One hundred fifty-eight days. Twenty-three Sundays. A 3.1 percent chance it ends well. Kickoff is Wednesday.
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