Theoretically speaking, the revenue of the gaming company should come from drawing commissions from the winning side, commonly known as “water money”. Gaming companies continue to raise and lower the index and increase or decrease the number of handicaps in order to balance the amount of investment in the upper and lower markets through adjustments. For example, raising the index of the hanging market will naturally attract investors to place bets on the market and wait until the number of investment on the market. Increase, and then increase the number of handicap on the market to stimulate investors to place bets and achieve the purpose of earning commissions. Therefore, in theory, the exclusive profit should be a gambling between the upper and the next. Experts only provide conditions for it, and commissions are used as income. But is it really that simple? Obviously not, because not all ups and downs can be matched one-to-one. In reality, in many games, one side will be favored by the vast majority of investors, and the amount of investment in the up and down will inevitably be difficult to balance. Investors and gaming companies have become gambling against each other. In this case, the risks of the gaming company increase, and the chances of obtaining greater profits also increase.
As a commercial organization, gaming companies are of course aiming at maximizing profits. Therefore, they will invest a lot of financial and human resources in the research of the games they open. They can indeed grasp more real game insider than ordinary people or even the media, including team status, Venue conditions, weather conditions, appearance list, etc., from this estimate the closest result (some clubs with poor financial resources may even buy it to produce the result). Although there are many unexpected factors, their prediction accuracy is definitely higher than that of ordinary people. , This point can’t be doubted.
After a more accurate judgment on the result of the game, the bookmaker will open a suitable market and index. Among the various market orders, most of the market orders are ambiguous, and the chances of the two sides making a profit are very close. In this case, the investment amount of the two parties is also similar. It is basically a game between investors. Earn “water money”. However, there are also some markets that are “confused”, usually when investors agree on a game, but the bookmaker foresaw a game with unexpected results. Suppose there are two results of A and B in a certain game. Investors generally tend to have result A through the information they know, but the bookmaker finds that the probability of result B is higher through some means. At this time, he should use the index of result B Lower, and raise the index of the A result, so that the normal commission income can still be maintained. However, in order to maximize profits, on the basis of having a high degree of confidence in the emergence of B results, the betting company will not change the index, and use the slight risk of A results to obtain huge profits that greatly exceed the commission when B results appear, and even sometimes It will also deliberately lower the index of the A result to reinforce the impression that the A result is more likely to appear, so as to induce investors to bet on the A result.
