William Searle Company is the most famous and top gambling company in Europe and even the world. They are also the ancestors of the modern gambling industry and rank first in the industry.
Early this morning, their branch in Nanyang received many bets. The World Cup has just ended, and now the most popular one is the Men's Basketball World Championship. During every major sports event, it is the time when they make the most profits.
Of course, they also carry out corresponding betting business for other sports events, such as every Olympic Games, which can also make them make a lot of money.
There are also major sports events such as tennis and badminton. They will do some publicity and take the opportunity to make money.
And they have another very powerful point, that is, they can bet against the company on any matter. For example, there was once an 80-year-old woman who claimed that she could live beyond 90. Their company made a bet with the old woman, measuring the health of the old woman and the surrounding environment. After the relatives waited, they offered the old woman big odds.
In the end, the old woman actually won, and they lost a lot of money. However, they used this incident as propaganda to prove how fair their company is and how extensive their business is, thereby attracting more users to place bets.
Lin Yongfeng, the Chinese person in charge of the company here, looked at the string of jumping numbers on the computer and smiled broadly.
Suddenly he saw a string of red letters, which would only appear if the bet exceeded one million US dollars. Which fan is this, and which team did he buy to win
Wait a minute, why didn’t you buy it from the United States, but from China? And why is it five million dollars
The influence of basketball is not as great as football. Because there is one better thing about football than basketball, that is, there are no restrictions on the venue. Basketball always requires a hard and flat field with a basketball stand. In football, you can use two water bottles or even two stones to set up a goal.
However, I have never received such a large single bet in this year's World Cup, but it appeared in the Men's Basketball World Championships!
At this time, there was a knock on his office door: "Mr. Lin, we have just received a large bet, five million US dollars, to buy the Men's Basketball World Championship and the Chinese team to enter the semi-finals."
“What were our previous odds?”
"According to our previous calculations, the Chinese team has an 83.2% chance of entering the quarterfinals, but only a 3.05% chance of entering the semifinals, so the odds are very high, eight points for one loss. three."
All the odds of betting companies are adjusted from time to time. Maybe one minute ago, when you bought it, it was still 3 to 1, but a minute later, the odds may become 5 to 1, or 0.8 to 1.
This depends on the amount of bets and a variety of factors. The algorithm is very complex.
Of course, this is also a way to ensure that the gambling company can always make money. Even if they lose a large sum, they can attract bettors and make money through other odds adjustments.
"Is this our highest bet of the day?"
"Yes, it is also the highest single bet in this Men's Basketball World Championship. For other teams, the highest bet is one million euros."
"Very good, then keep our odds unchanged, and increase publicity for this, so that more people will buy the Huaxia team. Also, let people investigate again whether there are any changes in the Huaxia team this time, let Their strength has increased a lot or something.”
"By the way, adjust the odds for the Chinese team to win the top three and see if this person will continue to buy."
Huh, since you're stupid enough to give us money, there's no reason not to. The Chinese team is the strongest in Asia, but in basketball, Europe and the United States are generally stronger!
After making arrangements, Lin Yongfeng went to pour a cup of coffee. He likes to grind coffee beans and brew coffee himself.
But before the coffee was brewed, another subordinate knocked on the door and came in.
"Mr. Lin, you have made another big bet on the Huaxia Men's Basketball Team, also buying the Huaxia Team to enter the semi-finals."
"How much?"
"Eight hundred million yen!"
Lin Yongfeng's hand shook: "Eight hundred million yen? Are you talking about Japanese yen? What's the odds?"
"It's 8.80 to 1 after our adjustment."
Before Lin Yongfeng could decide, someone ran in again.
"Mr. Lin, someone has placed another bet that the Huaxia Men's Basketball Team will enter the semi-finals. This time the price is 10 million US dollars!"
Another ten million dollars? !
Are these people crazy? Who is in the Chinese men’s basketball team? Besides that big Yao, who else is more powerful
Although they have learned that many players of the Huaxia Men's Basketball Team are playing in the NBA, but they are all substitutes, and many of them cannot even play. How can a team like this enter the semi-finals
Could it be that this year's Chinese men's basketball team has a secret weapon? No, the list has been determined long ago, and none of these people are particularly outstanding.
"Mr. Lin, do you want to lower the odds? Once the Chinese Men's Basketball Team really enters the semi-finals, then all our bets on the Men's Basketball World Championship will be paid out. There will definitely be some other ones that we bought. But you’ll have to pay for it!”
Mr. Lin hesitated for a long time, but decided that it would be better to be on the safe side: "Okay, lower the odds immediately, and at the same time promote other teams and increase the odds of other teams."
"Also, why hasn't the investigation report on the China Men's Basketball Team been sent over yet?!"
The subordinates were a little helpless. It had only been ten minutes. How could a complete investigation report be released so quickly
While they were still investigating, there were several heavy bets placed on the Huaxia Men's Basketball Team, buying the Huaxia Men's Basketball Team to enter the finals, and even buying the Huaxia Men's Basketball Team to win the championship.
Of course, the amount of these bets is not as large as that of the top four, but it still exceeds tens of millions of dollars.
The important thing is that the odds are higher. Once you win, the amount of compensation William Seale Company will pay is no less than if the Chinese Men's Basketball Team enters the semi-finals.
What's going on? Why are there so many big bets
Shouldn’t such large sums of money bet on the Football World Cup? Why is it strange that there are so many bets on basketball this year
If you were in North America, this would be normal. After all, the popularity of basketball in North America is much higher than that of football.
But this is Asia, shouldn’t football be more popular? Could it be that the Chinese are betting
He arranged for people to check the betting accounts, and they were all direct online betting from the UBS account to their company's gambling account. They were also one of the first gambling companies to start online gambling.
This method brought more customers and profits to the company, but Lin Yongfeng suddenly felt that this time, the company was going to suffer heavy losses.
If the company pays out hundreds of millions of dollars in compensation all at once, and it all shows up at their Nanyang branch, then he, the person in charge of the Nanyang branch, will be in big trouble!
The plan for now is to quickly promote other teams in the Men's Basketball World Championship, let more people pay attention to this, and then place bets to reduce risks.
… (To be continued.)