Algorithm Calculate Odds
Last updated
Last updated
We use a betting calculating proit model called Decimal Odds, where the profit o each bet is represented as decimal numbers like this(1.50,2.05,6.00).
Each bet Odds is calculated argorithmically with the next formula, where we determine ach odd based on the amount betted on it and the total amount of the bet, like this we ensure that wins who wins the platform cant run out of funds, because the prizes of winnrs will be paid by the prizes of losers of each bet