catfresh Posted April 28 Report Share Posted April 28 I got to bet with HB Krazy Bets on a few cards, but outside of that I have not seen any other places to bet? I hear the game isn't as active as it used to be, is this something that just came along with that? Quote Link to comment Share on other sites More sharing options...
catfresh Posted April 28 Author Report Share Posted April 28 Are there any active book makers left outside of HB Krazy bets? I plan to open one soon, but I need to get my in game cash up first. Probably be a few months before mine is running... Quote Link to comment Share on other sites More sharing options...
jjsquirrel Posted April 28 Report Share Posted April 28 I think bookmakers has always been the most neglected of all company types. Quote Link to comment Share on other sites More sharing options...
Gator001 Posted April 29 Report Share Posted April 29 Mike stopped putting IRL event odds up nearly 2 years ago that's why i stopped opening my bookie 1 Quote Link to comment Share on other sites More sharing options...
Hbowsher Posted April 29 Report Share Posted April 29 yeah IRL would be fun 1 Quote Link to comment Share on other sites More sharing options...
vaznys10 Posted April 29 Report Share Posted April 29 Maybe Vlad could start it up again? I'd be interested in the IRL events. 1 Quote Link to comment Share on other sites More sharing options...
catfresh Posted April 29 Author Report Share Posted April 29 I bet a lot of IRL events, would love to add betting in game cash to that Quote Link to comment Share on other sites More sharing options...
Daudy Posted May 1 Report Share Posted May 1 I've thought about it but: A) Don't really feel like putting in the effort to put in good odds and adjusting them B.) The model sort of falls apart a bit because there's often not really the volume of bets either side on fights to be able to effectively 'balance' the books. Punters can pick and choose the value bets and leave the rest and there's not enough other punters money to balance it out. The whole point of odds is to get roughly similar amounts of cash on either side of the line (by offering juicier odds on the side with less). There's a bit of fat in there for their profit and they get to mitigate their liability. Lopsided amounts of cash either side of the line (which happens when often only one person max bets on a fight at all) increases said liability for the bookie. Unless you're a complete idiot at betting or don't mind just betting willy nilly (especially since it's just tycoon cash), you should be able to at least break even or better in this environment as a punter. Subsequently, bookies put in all the effort of making the odds just for it to be a money sink. You may as well re-start the ol' Noob fund if you're giving it away (maybe call it the 'Alex K fund for noobs who can't train good'). That said, in the grand scheme of things, Tycoon Cash doesn't mean all that much so if you find setting and adjusting odds fun, then just do it anyway. I just feel like it's work that I don't currently want to do, but appreciate it when others do. EDIT: I have also thought of just creating one with TERRIBLE odds either side (like every bet is 1.1 to 1.1), just to limit the work of actually setting lines and just facilitate people gambling for the sake of it. Quote Link to comment Share on other sites More sharing options...
Gator001 Posted May 1 Report Share Posted May 1 actually you could make ok money from bookmakers in MMAT as mike used to auto populate the odds for IRL events from his real money maker site betmma then you would just set your edge percentage which could be from very tight to cream its up to you as bookie. There were a few bookies then so if you wanted customers it was better to keep your margins tight but you also had options with min and max bets then you just adjust as you take bets in. It worked well and was not time consuming like in game betting where you have to check the fighters records, managers skills etc and then set your own odds from scratch The IRL odds from betmma were the real bookies odds so no work. Of course odds change IRL though 1 Quote Link to comment Share on other sites More sharing options...
Mentor Posted May 4 Report Share Posted May 4 It seems bookies are pretty dead in the game now from what i see. Quote Link to comment Share on other sites More sharing options...
Bob Slay Posted May 4 Report Share Posted May 4 I got a feeling that the player-run bookie system is all but dead, an automated Bookie system for fights could be interesting addition though. Quote Link to comment Share on other sites More sharing options...
kenlow73 Posted yesterday at 03:47 AM Report Share Posted yesterday at 03:47 AM I have one but I dont use it for it's purpose, I use it a bank account for PFL. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.