Improved Horse Betting (Decimal Odds)

[Teddy]

Great one Teddy. Also think about the 'house wins' idea. When there isn't a winner (from the players that placed bets) some of the cash or all should go to the 'house'. Otherwise where would it go ?

The bookie

[Luke]

Couldn't the odds what are lost going into the actual shop?

Like for example, 4 horses, the people who get the correct horse get the payout, and the ones what loss the cash they lost goes to the business owner, or like a short percentage does.

[Cofiliano]

That's how it gonna works Luke. The losing bets are gonna go to the budget which is used by the script to pay off the winners.

Basicly what Teddy is developing, is the realistic horse racing betting system, the same one used in real life, in which your winnings wont depend on how many people have placed their bets, nor will the amount you bet be spread into the winning cash(jackpot), yet your bet(lets say 5k) is gonna be multply by the odds you pick on the horse(lets say Gusty has an odd 4), so if your horse win you'll get 20,000$.

[Brian]

But what if someone is just gonna sit alone in a better house, constantly betting on a horse that has low chance of winning but high odds, won't he just be able to farm money like that?
NVM: Reece explained, PS no I am not drunk just retarded.

[Cofiliano]

But what if someone is just gonna sit alone in a better house, constantly betting on a horse that has low chance of winning but high odds, won't he just be able to farm money like that?

No, he'll go bankroupt.

[Ivan_MC]

No, he'll go bankroupt... gambled in real life.

I know that feeling. 

[Luke]

No, he'll go bankroupt.

True works like real life, only the best of gamblers will do with this script while the others will fail.