The aforementioned example is, of Auto Lotto Processor Review course, not a mathematically accurate one, but you now know the full picture of the sports books' magic formula. The sportsbooks do not have the power to change match results and eat up all your money, but they do have the power to tweak the handicap for every single sports match. And trust me, they will go through all the trouble to ensure that they have a handicap which put bets on both sides as balanced as possible.
With this in mind, you will understand that it is, after all, fair to say that anyone has a 50% chance to pick the winner in sports handicap betting in a single, stand-alone bet. The only difference between the winners and losers, is that the winners figure out systematic ways to take advantage of their 50% chance, while the losers always live under the make-believe myth of the almighty sportsbooks and their house edge.