Post
Topic
Board Tokens (Altcoins)
Re: [ANN] Martcoin – The first blockchain platform for betting in the world.
by
TausianMan
on 16/04/2018, 07:31:46 UTC
Ok.  In a peerless bet who is responsible for setting of odds.  Would these be lifted from other "legal" sites or will Martcoin employ rafts and rafts of risk analysts, odds compilers and traders to set each market - remember each individual sporting event would have its own vast array of betting markets for each individual match.  Setting of these odds would also require some degree of local knowledge.  Idiosynchrasises such as "Team or injury news" also go a a large way in determing how odds are set.

Also, the dynamic odds situation is a tool that is used by all bookies.  It doesnt necessarily mean that the book isnt overly balanced on one side of a market. Sometimes the house just has to assume that risk.