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1  Economy / Gambling / Re: OneHash || Dice & Sports Betting || No registration || on: July 15, 2017, 03:27:34 PM
InBank is 0.006 BTC so lest say Bets are closed with odds above and the game started.
And my question is who pays me if I only played 0.006 BTC ( nobody else didnt bet on any outcome) on the victory of CSKA?
It's impossible to find one match with no bank if there was one i'll try it just to answer your question. They will most likely just return the bet. 

Those reduced odds is where they take the fee from their players, of course they have to do this because if not then they'll be bankrupt.
Logically
Now it's all clear to me when I figured out how the payout works.
For me with 15 years of experience in betting I see OneHash like a gold mine  Wink
If their stock is on the market I'd buy everything because this bookie will be on the rise from year to year in my opinion.
GG WP

 Tnx mate for answer

2  Economy / Gambling / Re: OneHash || Dice & Sports Betting || No registration || on: July 15, 2017, 12:20:20 PM
Hello everyone
Especially OneHash !!

View of the fact that they do not respond to questions in a live chat as well as mail, I'll ask you questions here.

First of all, you say that you are not a bookie and that people bet against each other, then my question is on what basis then you setting up odds?

This second question is related to the first one as you say that you are not a bookie, but you are the one who sets the odds before any bet placed, right?
So why do you have a profit margin?
I'll take for example a match FK Anzi Makhackala - CSKA Moscow
Odds from OneHash :
 Today, 15 Jul 2017, 1:16 PM
 FK Anzi      -       CSKA Moscow
     1           x              2
  4.251     3.834      1.797

Because you are not a bookie and you should not have a profit margin, which means that the payout should be 100% (+ - 1%, 99% -101%), but in the example above your payout is 95% .
    
     odds     stake   Winnings

1  4.251    22.35   95.01

X  3.834    24.78   95.01

2  1.797    52.87   95.01
                
              100.0$  (95%)
As you can see when proportionally place certain sum of $ to each outcome the payout is $ 95 or 95% ! And this happens to 95% of your games...

InBank is 0.006 BTC so lest say Bets are closed with odds above and the game started.
And my question is who pays me if I only played 0.006 BTC ( nobody else didnt bet on any outcome) on the victory of CSKA?

You have to use the formula as below:
(bet amount) + [(weighted bet amount) / (total weighted volume on bet side) * (total volume on the opposite side)].

Transaction history
BET SIDE     BET AMOUNT         DATE
Draw            0.0010 BTC   15/07/2017 13:52
CSKA     0.0030 BTC   12/07/2017 12:56
Draw            0.0014 BTC   12/07/2017 12:50
Anzhi    0.0013 BTC   12/07/2017 12:47
 
Can anyone explain this formula with example in game above?

Thanks a lot





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