If they can manage to buy and sell exactly the same amount of this market, they will simply pocket the difference with zero risk. Just like if you bought a bunch of apples for $56.50 and then sold them for $60, you’d pocket the $3.50 difference. The hold percentage is defined by the betting options and their break-even percentages. Even if no one bet on the Giants, the market would still have a 3.4% hold. This is just how the term is defined.2. Decimal odds are quoted as a single number, such as 1.9 or 2.5 or 6. What that number means is it’s the amount that you’ll collect from a winning $1 bet—including the amount of your bet. So if you bet $1 at 2.5, you will receive $2.50 from a winning bet— your original $1 plus $1.50 in winnings.
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