Bitcoin Forum

Economy => Gambling discussion => Topic started by: socks435 on August 09, 2016, 06:20:28 PM



Title: Asking about sports betting?
Post by: socks435 on August 09, 2016, 06:20:28 PM
Hello guys i would like to ask something in sports betting because im confused about the odds is always changing when i come back..
Sample i saw odds of 1.8 and then sooner the ods will be change into 1.55?

Why its changing also if i bet in the ods is 1.8 it will be affected if i already bet in 1.8 but the ods is changes into 1.55 if you are bet again. do you think it may result if you win  instead of 1.8 is your ods 1.55 is your ods?
confused.


Title: Re: Asking about sports betting?
Post by: marlboroza on August 09, 2016, 06:25:48 PM
If you make bet on 1.8 than your payout will be 1.8X, no meter if odds change to 1.55 latter. If you bet later when odds are 1.55, its new ticket and than your payout on new ticket will be 1.55X, and on first ticket it will be 1.8X.
There are lots of things why odds are changing, but mostly if there is very large number of bets on some event, payout is going down.
Hope this was helpful.


Title: Re: Asking about sports betting?
Post by: marioantonini on August 09, 2016, 06:29:46 PM
if the bet is accepted to the odd 1.8, you win your amount x 1.8.
all betting site change the odd later more bet, but change from 1.8 to 1.55 is very high, probably more people bet the same odd


Title: Re: Asking about sports betting?
Post by: ajaxmoor on August 09, 2016, 06:35:24 PM
To answer the remaining question in topic, the odds change because you are looking at a live game. The betting is live on it, so the odds will change based on who is winning the game. Please lock the topic if your question has been answered.