The world cup is in full swing and there are many friends around. All kinds of football are great.
If I tell you, there is a way to win money regardless of winning or losing a match, do you believe it?
It is true that this method exists, on the premise that you have opened a Gambling company.
Now let’s talk about the clever game of Gambling company.
For example, Germany and Portugal are about to compete. If you open a Gambling company, the odds are as follows:
If the German team wins, the odds are 0.78. This means betting the German players to invest 1 yuan to get 1.78 yuan.
If Portugal wins or draws, the odds will be 1.12. This means betting the Portuguese fans to invest 1 yuan to get 2.12 yuan.
If the total amount of the bet is 1 million, the Portuguese team’s total amount is 800 thousand. So your Gambling company received a total bet of 1 million 800 thousand before the game.
Well, if the German team wins, your Gambling company needs to compensate 1 million *1.78=178.
Your Maori is: 1 million 800 thousand -178 million =2 million.
If Portugal wins, your Gambling company needs to compensate 800 thousand *2.12=169.6 million.
Your Maori is: 1 million 800 thousand -169.6 million =11.4 million.
Find this secret – no matter what the result of the game, as long as the bet of two teams fall on a particular interval, your Gambling company won’t pay for it.
This characteristic interval is the profit interval of Gambling company.
By simply calculating, in this case, as long as the amount of the German team is betting and the amount of the Portuguese team falls in the range of 1.12 to 1.282 (1/0.78).
So the focus here is that Gambling company does not need to build complex models to predict the outcome of games. A surprise?
If you start a Gambling company, you may even have no idea who C Luo and Messi are. What you have to do is to adjust the odds in a timely manner according to the change in the proportion of the amount of the investment, and to ensure that the ratio of the betting amount of the betting party falls on the profit margin.
Take another example.
One day, the German team bet 1 million 200 thousand, and the Portuguese team bet 1 million. How to make the odds at this time?
We assume that the ratio of betting for second days is also comparable to that, which is about 1.2:1.
If the German team wins, Gambling company will be able to pay up to 2 million 200 thousand.
Therefore, the German team’s odds should not exceed 220/120-1=0.83.
If Portugal wins or is flat, Gambling company has a maximum of 2 million 200 thousand to pay.
So Portugal’s odds should not exceed 220/100-1, or 1.2.
For insurance purposes, the German team can be set at odds of 0.77 and Portugal’s odds of 1.14. This can be a steady profit.
As a result, the Gambling company wants to make a profit, which has been reduced from the difficulty of a Nobel prize in mathematics to the difficulty of primary school.
As for the initial odds, it is not difficult at all. The strong and weak level of the team is basically public knowledge, and the initial odds need not be set too well. If the amount of the investment deviates from the profit margin, it can be adjusted dynamically.
Yes, this is the best business model in the world – to make sure.
The example of opening a casino is similar to that. Casinos have a weak probability advantage in various projects, usually between 51% and 53%.
Casino owners only need to set up a single bet limit, that is to say, do a good job in capital management. As for a table’s win or lose? It’s not important or caring.
Because casino owners and time are friends – as long as enough people are playing and the casino opens long enough, it will make money.