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5 times NMS on a crappy small cap, the house will execute the trade in the underlying while confirming the bet to the shopper. The bookmaker is solely a middle-man who operates on a small revenue margin and, ideally likes to see half the cash wagered on one workforce and half on the opposite, assuring a revenue. For one thing there's the dimensions - for hedging small bets the costs of hedging will offset the advantage of the hedge so the supplier is more more likely to let the bet working without hedging. A: That relies upon largely on the dimensions of your bet and who your counter-party is

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