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Author Topic: 🏏🏏 Mutual betting & MutiBet IN SAME MATCH discussion & active Markets 🏆  (Read 2785 times)
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November 15, 2019, 05:38:43 AM
Merited by AB de Royse777 (2)
 #41

Am i making sense to anyone or its just my mind rambling  Grin?
Makes perfect sense that's why mentioned that nobody will be ready to predict on 7/10. But I didn't think of how unfair it would be for Royse in 3/10 option.

@Royse 3/4 for 5x, 5/7 for 10x and 7/10 for 20x seems to be evenly matched for the better and the bookie.

By the way, for 3 selection 5x is very high in my opinion. It should be 3x maximum, it's up to you although. Anyway, I will bet of course.
I don't think that 5x for 3 selection is high. I would say it's optimal because this is fully based on luck almost no skill needed. You can say that India will win over Bangladesh in test match based on your understanding of the team but you can't predict whether a batsmen will score over 4 runs or below 4 runs in the next over.

-snip-
I will bet on all 10 market places and if i win any 3 of them i will be eligible for 5x profits
Allowing to bet 3 out of 10 options itself is risky enough for the bookie. If Royse let you bet on all 10 and pay you based on your correct prediction, Royse will get rekt in no time for sure.
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November 15, 2019, 09:50:08 AM
 #42

-snip-
I will bet on all 10 market places and if i win any 3 of them i will be eligible for 5x profits
Allowing to bet 3 out of 10 options itself is risky enough for the bookie. If Royse let you bet on all 10 and pay you based on your correct prediction, Royse will get rekt in no time for sure.

What he meant is (if I am not wrong then) to have only 3 correct selection from a bet slip of 10. Accumulator betting actually does not work like that and if would then all the bookies would lose their business :-P

In accumulator betting if one of your selection is wrong then you will lose the entire bet-slip. This is why it's not easy to hit a multibet of 3 even 3+ of selections.

I see Haunebu had a post with his suggestion and I have seen the other guy offering like that but there the difference is it's not in the same match. In the same match it's actually really risky however I will never know which one will have good acceptance in the market unless I try.

So, these two I have now:

Quote
There will be 9 to 10 markets to chose from. You will have options to make a selection of 3, 5 and 7 selections.
For 3 selection outcome will be 5x (you will be given max 5 4 options to select 3)
For 5 selection outcome will be 10x (you will be given max 7 options to select 5)
For 7 selection outcome will be 20x

and

- Select 3 from 5 picks : x5
- Select 4 from 5 picks : x10
- Select 5 from 5 picks : x20


I will give try with both of these for some period of times and will see which one has good balance.

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November 15, 2019, 10:03:19 AM
 #43

but there the difference is it's not in the same match. In the same match it's actually really risky however I will never know which one will have good acceptance in the market unless I try.
Exactly. The user did suggest this for different matches, but it could work with bets on a single match possibly attracting even more users and the odds would mostly be even(The markets that you suggested).

I will definitely bet with you for a long period of time if you offer what I suggested(1 match or several matches) since it is far more appealing this way.

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November 15, 2019, 10:48:34 AM
 #44

I will try with both combination.

By the way, can anyone will help me to get a match for the next round? Any Test or T20 or ODI will do. I was to give it few days at least 1 full days before the match starts.

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November 15, 2019, 11:01:51 AM
Merited by AB de Royse777 (1)
 #45

Any Test or T20 or ODI will do. I was to give it few days at least 1 full days before the match starts.

Pick any game

Nov 16 -- Afghan vs West Indies T-20
Nov 17-- Afghan vs West Indies T-20

Test Match
21 Nov-- Australia vs Pakistan
21 Nov-- Newzealand vs England
22 Nov-- India Vs Bangladesh





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November 15, 2019, 11:57:18 AM
 #46

~snip~
Nov 16 -- Afghan vs West Indies T-20
I will be creating one event for this match. Thank you.

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November 15, 2019, 12:22:03 PM
 #47

~snip~
Nov 16 -- Afghan vs West Indies T-20
I will be creating one event for this match. Thank you.


YW, So finally you are MS. congrats  Grin

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November 15, 2019, 01:14:10 PM
Last edit: November 15, 2019, 07:20:39 PM by Royse777
 #48

~snip~

YW, So finally you are MS. congrats  Grin
Yes I am, finally the God heard my prayers.
By the way, event OPEN!!!
Event#2: 💰WIN 20x!💰 Multibet IN SAME MATCH 🤑 T20I AFG vs WI 16/11

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November 15, 2019, 07:11:26 PM
 #49

~snip~
Also, I am confused about the max stake.

You mentioned that 'Max unit allocated for the match' : 25 while 'Max unit stake' : 10. If I were to bet with 10 units on 7 selections and win, I would win 200 units which is more than 25 units. Can you clarify?
I am responding here since on the topic we want to avoid discussions.

So here:
Bet unit: 0.0001 BTC = 1 Unit
In other words 1 Unit bet means you are placing a bet of 0.0001 BTC
Now if you bet 10 units then your stake will be 0.0001 BTC * 10 = 0.001 BTC

If you win
- Select 3 from 4 option: Win 5x = 5*0.001 = 0.005 BTC
- Select 5 from 7 option: Win 10x = 10*0.001 = 0.01 BTC
- Select 7 : Win 20x = 20*0.001 = 0.02 BTC
All these will come from a 10 unit bet.

The max for this event is 25 unit. So let's say you got 10 units and someone else got 5 units and another one got 5 unit then total unit gone will be 20 units. If someone else wants to get 6 units then they can not coz only we will have left 5 units.

So, the actual budget for this event we can get from the total number of unit counts and if this is for 7 selection then:
25*0.0001 (per unit cost) = 0.0025 BTC
Which means 0.0025 BTC * 20 (winning multiplier for 7 selections) = 0.05 BTC

I hope I was able to give an explanations here.

Quote
This looks great Royse except for the compulsory selection which is quite difficult to predict. If there were no compulsory selections, this multibet would be a better proposition.
Thanks for the feedback. You know I am experimenting. So let it be like this, in the next one I will avoid such market to see the response.

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November 16, 2019, 08:29:55 AM
 #50

~snip~

YW, So finally you are MS. congrats  Grin
Yes I am, finally the God heard my prayers.
By the way, event OPEN!!!
Event#2: 💰WIN 20x!💰 Multibet IN SAME MATCH 🤑 T20I AFG vs WI 16/11

I have seen the option to  bet on that link but i am afraid these are difficult option to guess. Why did not  include the simple and basic options like

-Toss Won by
-Match Won by

 These two are the basic stats and should be included in all the MutiBets.  What do other think about this ?
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November 16, 2019, 08:51:15 AM
 #51

~snip~

I have seen the option to  bet on that link but i am afraid these are difficult option to guess. Why did not  include the simple and basic options like

-Toss Won by
-Match Won by

 These two are the basic stats and should be included in all the MutiBets.  What do other think about this ?
Appreciate your inquiry in here instead of the event topic.

Match won goes very predictable when it comes to match like Ind vs Ban or Afghanistan vs WI but yes for close opponents I will have it.
About the Toss, I will add this instead of the top bowler in the match. Fact is there are so many markets to think of.

Feel free to suggest me markets those could be very interesting to add.

Cheers,

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November 16, 2019, 09:00:40 AM
Last edit: November 16, 2019, 09:30:55 AM by JohnBitCo
 #52

~snip~

I have seen the option to  bet on that link but i am afraid these are difficult option to guess. Why did not  include the simple and basic options like

-Toss Won by
-Match Won by

 These two are the basic stats and should be included in all the MutiBets.  What do other think about this ?
Appreciate your inquiry in here instead of the event topic.


I put my question here instead of the event page because I saw you earlier answered few people on this thread even if they put inquiry on the event thread. Secondly the event thread should only be limited to placing the bets and this thread is dedicated for all the discussions, if i am not wrong.
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November 16, 2019, 01:34:49 PM
 #53

Holy Moly, i lost all bets with in first ball of the match hahaha

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November 16, 2019, 02:23:51 PM
 #54

You are right, no bookies allow multibet in same match I always wondered why. For me it's not more risk, since odds are all the same and in fact harder to achieve. Like they do multis but they make it special line, for example, A to score and before 20th minute, things like that.

Interesting idea I saw your options, but there are all cricket I guess? Good luck:)

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November 16, 2019, 02:59:07 PM
Last edit: November 16, 2019, 03:29:13 PM by akhjob
 #55

Holy Moly, i lost all bets with in first ball of the match hahaha
I was also planning to bet on Market 9. Then I thought maybe mujeeb will give a boundary and couple of runs.
I'm still in the game. But I don't think WI will score over 41 runs before losing a wicket. Royse has the upper hand now, but who knows, I might get lucky  Grin

Edit: Lost
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November 16, 2019, 04:34:13 PM
 #56

~snip~

I put my question here instead of the event page because I saw you earlier answered few people on this thread even if they put inquiry on the event thread. Secondly the event thread should only be limited to placing the bets and this thread is dedicated for all the discussions, if i am not wrong.
Yeah keeping the conversation in one place was the whole idea. You are correct.

Edit: Lost
Holy Moly, i lost all bets with in first ball of the match hahaha
LOL this Market#3 bought me luck :-P
Anyway, it would be fun to see one of you win at-least something.

Okay I think I can do something for you two.
Since JSRAW placed thee units in this match, I will give him 1 free unit in the Event#M3
For akhjob, if you place minimum 2 unit in the next match then I will give you one unit free. Meaning you can pick the third one with one unit on me.

I hope this will make both of you happy.

Interesting idea I saw your options, but there are all cricket I guess? Good luck:)
Thanks bud. At the moment it's for cricket if I feel enough confident then I will go with Soccer too and I have plan with Tennis as well.

Event#M3 is will be posted in half an hour.

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November 16, 2019, 04:38:26 PM
 #57

Thanks bud. At the moment it's for cricket if I feel enough confident then I will go with Soccer too and I have plan with Tennis as well.

It seems your aim is to become one of the biggest bookie  Wink
Once you get going, you may start your own bookie site too. 

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November 16, 2019, 04:46:29 PM
Last edit: November 16, 2019, 05:18:58 PM by Royse777
 #58

~snip~

It seems your aim is to become one of the biggest bookie  Wink
Once you get going, you may start your own bookie site too.  
I have something in mind related to multiBet in the same match but not yet anything final. Let me do the experiments for few weeks/months. If it seems good enough then may be I will bring the entire idea in a complete business model.

It all depends on the response and support we will get from the community.

Edit:
Event#M3 is live now!
Event#M3: 💰WIN 20x!💰 SAME MATCH MultiBet 🤑 T20I AFG vs WI 17/11 13:30 GMT

A massive change to make it easier for you lot. Check the Market#1. Now you need to guess who will win the Toss. :-D

Good luck everyone.

Since JSRAW placed thee units in this match, I will give him 1 free unit in the Event#M3
For akhjob, if you place minimum 2 unit in the next match then I will give you one unit free. Meaning you can pick the third one with one unit on me.
When you bet, please mention the free unit on your post.

Cheers,

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November 16, 2019, 06:50:14 PM
 #59

Event#M3 is live now!
Event#M3: 💰WIN 20x!💰 SAME MATCH MultiBet 🤑 T20I AFG vs WI 17/11 13:30 GMT

A massive change to make it easier for you lot. Check the Market#1. Now you need to guess who will win the Toss. :-D

Good luck everyone.
I think you can attract more gamblers if you make the following changes(Suggested before):

- Get rid of the compulsory market bet(Any market)
- Better parlay multipliers. For example, you offer x5 on 3 from 4 selections while I receive around x6.33 for the same selections from a sportsbook(Checked on Bodog)

Parlays itself heavily favor the house(You in this case) and these extra problems give you an even bigger advantage. Just my 2 cents.

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November 17, 2019, 09:42:31 AM
Last edit: November 17, 2019, 09:56:28 AM by akhjob
 #60

For akhjob, if you place minimum 2 unit in the next match then I will give you one unit free. Meaning you can pick the third one with one unit on me.
You are going to spoil me. Aren't you  Grin

Quote
A massive change to make it easier for you lot. Check the Market#1. Now you need to guess who will win the Toss. :-D
Wish I don't lose even before the match starts  Tongue  (I made sure to stay in the game after the toss)

I'll post my bets in a few minutes Done  Smiley
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