• Log in or sign up for an account here: https://www.sythe.org/login

In game betting -- Punkerpunk13

Are there any exact odds on this?
 
This sounds pretty interesting, but like horrible odds for the person placing the bet. I mean 5:1 odds are pretty damn good if you DO end up winning and getting paid out, and I have no doubt that you are legitimate and would pay out everybody who won.

Is there any way to somehow calculate up the approximate chance of a win? With 5:1 odds you must be pretty confident that you are going to win the vast majority of the time.
 
Zerkerfist said:
This sounds pretty interesting, but like horrible odds for the person placing the bet. I mean 5:1 odds are pretty damn good if you DO end up winning and getting paid out, and I have no doubt that you are legitimate and would pay out everybody who won.

Is there any way to somehow calculate up the approximate chance of a win? With 5:1 odds you must be pretty confident that you are going to win the vast majority of the time.
Click to expand...

I don't know of any way to calculate the odds. There's a way to do it that came across me that's 50/50. If I were to do it that way, I wouldn't 5:1 though. I'd 1:1.
 
seems pretty interesting..if you explain what it is to me in a PM (Promise not to leak it)...I might be willing to bet..i ahve about 20m extra to bet and was looking to "waste" it away anyways...lol..not all at once though..
 
Any chance you could pm me the method? I'll try to work out the chance.

Edit:

I haven't seen it before. It could probably work if you are hosting dice duels, but there's a slight possibility of abuse.

The idea of forcing a 5:1 chance is very unpractical and leaves a lot of room for the hoster to change the odds.
 
Changed the entire concept. The method of gambling will still be with the same tactic, but I've made it possible to do it entirely even.

If interested in doing it at all, contact me. :)
 
You must log in or register to reply here.
Runescape Gamblingrunescape gambling
Back
Top