Quote from: twister on May 20, 2015, 10:38:35 AM

Quote from: vennali on May 20, 2015, 10:31:07 AM

Quote from: barrymatas on May 20, 2015, 10:27:13 AM

How do Sportsbooks get live odds when they have live betting ? I see sites change odds in real time. How they know what odds to offer ?

There are odd providers in the market who basically provide the odds to the Sportsbooks . They probably provide them in real time and charge the sites a fee for providing the odds .

An example of one such site which provides live odds is: donbest.com
The Sportsbook just have to subscribe to them ,and integrate them to their websites.

^That and they probably have their own people who are experienced in sports betting and they're paid to provide best odds to them based on their expertise in a sport.

And they change their odds based on actual live game scores and conditions of a particular sporting event. I guess it's just like having tipsters on their own side and providing/adjusting bets based on their tips.

do you mean that in all matches that have live betting there is a dude watching real time that changes all the bets Huh

I think it is unlikely because there are so many odds and the odds changes too quickly to being manually changed most of the times