Quote from: SyGambler on June 28, 2018, 08:25:04 AM

hey mbet , so recently I have been following a punter on twitter and he mentioned that he uses BOG ( Best Odds Guaranteed )
I googled it and found it really nice , like if I place a bet on horse at X7.00 and the price before the race start jumped to X10.00 they count it as X10.00

not sure how bookies can manage to do that , so can you explain it more for me and is there any possibility that it may be added to mbet in the future ?

I think Macyn was referring to the Australian model.

There are several incarnations of this depending on the country that you are in.

UK has best price guarantee that works like this:

If you take 3/1 and your selection wins at 4/1, we'll settle your bet at 4/1. If your selection wins at 2/1, you'll get paid out at 3/1.

Australia has two versions BOB (Best of the Best) and Best Tote or SP:

BOB; Best of the best is the highest odds paid of the three main Australian totes or TopFluc. BOB betting will be available up to 35 minutes before a race. Only used on selected events.

Best Tote or SP; Best Tote + SP is the highest odds paid of the three main Australian totes OR the final fixed price offered by us. Place component of each way bets is paid at Best Tote only. This bet type will be available on selected meetings.

There is another version that was used in some markets that was called "TOP FLUC" you don't see this much any more as it was suicide for the bookmaker.

I hope that fills you in and the short answer is "no we wont be doing it" the reason being that in a fiat book the bookmakers can limit you to the amount that you can have on this product, in the crypto world thats not possible.