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7-25-2015
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08-01-2015, 11:26 PM
(This post was last modified: 08-01-2015 11:54 PM by and the NEW.)
Post: #41
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RE: 7-25-2015
Take a look at the attached from a real sportsbet account.
The second bet. Odds are 1.45. I bet $10. Payout was $14.50. I NET $4.50. The other $10 in the payout was my own money back. Does that make sense? Rom, as far as calculating these things. You need to either work out the NET gain for all bets combined and pay that out. Or you need to deduct amounts when the bets take place, and then pay out a gross amount for the winning bets. For the bets here, you look to have calculated a gross payout on the winning bets, and then deducted the losing bets. This is not correct. Because you are effectively paying people their winning bet amount back (20k extra for Brutal here, 5k extra for me etc) without having deducted it when they made the bet in the first place. |
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