1. REGISTRATION REQUIREMENTS:

    Register with your xenforo.com Username then start a conversation at xenforo.com w/Bob and provide the following:
    1. Your XenForo License Validation Token
    2. The Domain Name associated with the License
    NOTE: Your account will be validated once ALL requirements are verified/met. Thank you for your patience.

Is it possible to bet something other than the odds line?

Discussion in 'Sportsbook Support' started by rambro, Jul 14, 2013.

  1. rambro

    rambro New Member Sportsbook

    For instance, I setup a prop on the All Star game. I gave the NL and the AL odds. But what if I want to bet an over under on the score? Or the winning teams runs, etc.?
     
  2. Bob

    Bob Developer Staff Member

    You can have as many outcomes on an event as you wish. I do over/under outcomes and Props all the time.

    My typical NFL Events during the regular season look like this

    Raiders ML 100/110
    Chiefs ML 100/120
    Raiders -3 100/110
    Chiefs +3 110/100
    Over 52 100/110
    Under 53 100/100
    Raiders 3+ TDs 5/1
    Chiefs 3+ TDs 4/1
    McFadden 100+ yards rushing 2/1
    Eric Berry 1+ INT 4/1
    Raiders score first 100/110
    Chiefs score first 100/110
    First score either team FG 2/1
    First score either team TD 3/1
    First score either team Safety 25/1

    NOTE: The above is ONE event with several outcomes. You don't need to create dozens of events for the same game with 1 or 2 outcomes.
     
    Sheldon likes this.
  3. rambro

    rambro New Member Sportsbook

    So how do you structure an outcome for something like beating the spread? Or taking the points. I see that you've done it. I just don't quite get how. I've had a few people ask because all there is to input is the odds box.
     
  4. Bob

    Bob Developer Staff Member

    How to create a Spread outcome:

    Outcome name: Raiders +3 <--- that is a SPREAD
    ODDS: 100/140 <--- those are the payout odds

    Raiders 9 (12), Chiefs 13 (does not pay)
    Raiders 10 (13), Chiefs 13 (Pays or Push) (Some places will push this, some will pay this. Its up to YOU and your board rules). **
    Raiders 11 (14), Chiefs 13 (Pays)


    ** NOTE: To PUSH, you can delete the outcome prior to settling (if there are any wagers on it) and it will return their stakes. I will be adding in PUSH functionality at some point so that you don't have to do this.
     
  5. Bob

    Bob Developer Staff Member

    Now, the same game as above but with a spread for the chiefs..

    Outcome name: Chiefs -3 <--- that is a SPREAD
    ODDS: 100/150 <--- those are the payout odds

    Raiders 9, Chiefs 13 (10) (Pays)
    Raiders 10, Chiefs 13 (10) (Pays or Push) (Some places will push this, some will pay this. Its up to YOU and your board rules). **
    Raiders 11, Chiefs 13 (10) (Does not pay)
     
  6. rambro

    rambro New Member Sportsbook

    But if you're paying 100/100, isn't that a wash? Wouldn't it be the same as 1/1 odds? So what are they winning/losing there?

    Sorry, its been a long day and I'm sick, but I'm just not seeing it. And I gamble!
     
  7. Bob

    Bob Developer Staff Member

    100/100 was an EXAMPLE. I just changed the payout odds for the examples to 100 to 140 and 100 to 150.

    When you make a bet, you put down a STAKE (that is a wager). When the outcome you wager on PAYS, you get your STAKE back, plus any winnings. So when you stake $1 on a 100/100 bet and win, you get $2 back (your $1 stake, plus $1 winning).
     
  8. rambro

    rambro New Member Sportsbook

    Christ, I thought you meant that you had to set even odds to get the system to make a non-odds payout. Told you I'm off my game tonight.
     
  9. Bob

    Bob Developer Staff Member


    lol, thats OK :D
     
  10. majesty95

    majesty95 New Member Sportsbook Pickem

    Ok, if I'm reading this right, does that mean your moneyline (-200) bet would be 200 to win 100 or 100 to win 50? Its still a little confusing to me :(
     
  11. Bob

    Bob Developer Staff Member

    You need to convert MONEY LINES into fractional payout odds (there are 100's of converters available online to do this). I think then it will make more sense to you.

    http://sportility.net/oddsconverter/ this one has an OK one to use.

    Raiders ML 100/110 (That means you'd win 100 for every 110 you put down)
    Chiefs ML 100/120 (That means you'd win 100 for every 120 you put down)
     
  12. majesty95

    majesty95 New Member Sportsbook Pickem

    After using the odds converter you linked, it looks like it is still money line-esque. -180 gives me 5/9 which if you multiply by 20 is 100/180. Conversely +200 is 2/1 or 200/100. So, in theory, I could list all my lines as moneylines. What you bet on the right will give you the odds on the left if you win. Right?
     
  13. Bob

    Bob Developer Staff Member

    Pretty much it in a nut shell :) a ML is just a short cut version of Fractional Odds.
     
    majesty95 likes this.
  14. majesty95

    majesty95 New Member Sportsbook Pickem

    Any possibility of adding parlays at some point?
     
  15. Bob

    Bob Developer Staff Member

    You can already do parlays..

    Event: NFL Week 2 Parlays

    Outcome: AFC West Rules (Raiders, Chiefs, Broncos, Changers win) 25-1
    Outcome: The Dirty Bird gets the worm (Falcons, Cards, Eagles, Seahawks win) 10 - 1
    Outcome: NFC Rules (all NFC teams vs AFC teams win) 50 - 1
    Outcome: AFC Rules (all AFC teams vs NFC teams win) 50 - 1
    Outcome: Raiders, Lions, Packers, Niners, Bucs, Giants win 20 - 1

    Then when the week is over, you payout any of the parlay's that are TRUE.
     
  16. majesty95

    majesty95 New Member Sportsbook Pickem

    Gotcha. That makes sense. I was thinking more along the lines of the user creating their own parlay but I can work with that.
     
  17. Bob

    Bob Developer Staff Member

    ah, ya.... that would be fairly complex. I believe (I'd have to check) that someone requested that already.
     
  1. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
    By continuing to use this site, you are consenting to our use of cookies.