How do you deal with sports bets in general? At which point are site losses distributed to investor balances? If I know uv has a big bet on Liverpool winning, and I see at half-time they're 5-0 up, can I divest and leave the other investors to pay him out?
At the time each market is graded. Usually right after a match.
You could divest like that if you wanted, people done it during the world cup but ended up losing out as there was money on the other markets in the game like hadicap, over / under etc.
PRC has tiny limits for sportsbetting... last time I looked it was like 0.2 BTC / bet.
Therefore I highly doubt that any professional punters or cappers are gonna use PRC
I even think that due to the bigger juice (comparable to the 1 % edge at the dice) it has an
even better expected return for the investors compared to the dice.
(though the returns in absolute terms will be probably a lot lower due to the low betting volume compared
to the dice wagers)
Therefore I highly doubt that any professional punters or cappers are gonna use PRC
I even think that due to the bigger juice (comparable to the 1 % edge at the dice) it has an
even better expected return for the investors compared to the dice.
(though the returns in absolute terms will be probably a lot lower due to the low betting volume compared
to the dice wagers)
Yes there are low limits at the moment compared to the total investment mostly due to the lower traffic we had during the world cup and while I worked on more features, including allowing splitting investment between sports/dice/casino/all. I switched priority to dice over the past month though.
The return on sports obviously has the potential to be much larger than 1% you get on dice and the traffic will grow for it in time.
