Sportsbook & Betting Exchange

Sportsbook & Betting Exchange [Paid] 1.10.1

No permission to buy ($45.00)
I know that this is a very "girly" question, but can someone please explain to me what the "odds" are in betting. I don't understand how to use that function.

Any help would be appreciated.
 
Is there any way to check it out without signing up on the forum? Not that I'm opposed, merely curious.

Whoops.. ya, I just enabled View permissions for guests. In order to create demo events or place wagers, you will have to register.
 
Hmmm. So you can create any event, and then place any variety, or multiples, of lines on said event?

An event would be like an Baseball game (Braves vs Royals). Then you create Outcomes with payout odds.. ie Braves ML 100/110 Royals ML 100/110 Braves pitch a shutout 5/1 Royals pitch a shutout 10/1 Any player hits for the Cycle 50/1 etc etc etc.. events can have unlimited outcomes. You can edit the ODDs for any outcome at any point as well (as odds do change). members then place wagers on those outcomes and their wagers are locked in on the odds at the time of the wager (so if the placed a $10 wager on Braves ML 100/110), then that is what that wager is locked in on regardless if you change that ML to 100/120. Once the event is complete, you settle the event by checking all outcomes that are to PAY OUT...
 
An event would be like an Baseball game (Braves vs Royals). Then you create Outcomes with payout odds.. ie Braves ML 100/110 Royals ML 100/110 Braves pitch a shutout 5/1 Royals pitch a shutout 10/1 Any player hits for the Cycle 50/1 etc etc etc.. events can have unlimited outcomes. You can edit the ODDs for any outcome at any point as well (as odds do change). members then place wagers on those outcomes and their wagers are locked in on the odds at the time of the wager (so if the placed a $10 wager on Braves ML 100/110), then that is what that wager is locked in on regardless if you change that ML to 100/120. Once the event is complete, you settle the event by checking all outcomes that are to PAY OUT...

So you couldn't setup a bet on a social event, like the MTV Movie Awards for instance? And then run lines on whichever bets the people want to make? The Oscars would be a good example.
 
So you couldn't setup a bet on a social event, like the MTV Movie Awards for instance? And then run lines on whichever bets the people want to make? The Oscars would be a good example.

why not? Its no different than anything else. You set up a category called Oscars, the event would be best picture, the outcomes would be the nominated films for best picture and people place wagers on which one will win.
 
bobster65 updated Sportsbook with a new update entry:

1.1.0 Stable

  • All reported Bugs fixed
  • MAJOR CSS changes (all new CSS)
  • MAJOR Template changes (all new templates)
  • MAJOR Code changes (complete code refactoring)
  • New functionality: 'Nested Set Model for Categories'
  • New functionality: 'Event/Wager sorting & filtering'
  • New functionality: 'Discussion Thread integration'
  • New functionality: 'Content and Achievements Criteria'
  • New functionality: 'Search integration'
  • New functionality: 'Daily Statistics integration'
  • New...

Read the rest of this update entry...
 
I'm getting "Please enter a valid callback method." error when I tried to upgrade with the upgrade installer. Anyone know why?

James
 
I'm getting "Please enter a valid callback method." error when I tried to upgrade with the upgrade installer. Anyone know why?

James

That error means that it can't find the install.php file. Manually upload the files and run the upgrade again.
 
I think this would be great for the credits addon that I was just reading over...
if seems even with the credit addon, you can earn credits for doing certain tasks, then
you end up with credits and nothing to spend them on, what better way to use
the credits you earn on the forum to gamble with...? Still seems like a catch 22, even
if you convert your gambling cash back over to credits; If you do not have anything
that you can apply the credits too, then I see no real incentive for members to do
much with credits/fake cash they are unable to use....

The end goal is to give the member an incentive for doing something, but in
the end, if they are unable to use what they have, then whats the point
other then the member can say yippie, im the richest on the forum....
Sorta defeats the idea of getting members to do anything at all....

bummer...
 
Top Bottom