I was amazed when my godbrother shared with me how 'bookies' profit from underground bettings. Bookies - Masterminds who ran illegal bettings. It shows me the power of networking...
First of all, bookies never lost money if they have established a good network with other bookies and also if they have alot of betters. This is how it runs
1) We recognize that the chances of winning top prizes are slimmer than losing
2) Each bookie will take in betting according to their paid out capital.
3) Based on Singaporepool system, for every $1, the paid out is $3,000 for betting small & $2,000 for betting big if the number came out first prize ( www.singaporepools.com.sg).
4) Based on Underground system, for every $1.60, the paid out is $6,000 for betting small and $4,000 for betting small if the number came out first prize. ( Sth like this). However, they need to pay 5% commission to the runner as coffee money.
5) Imagine a bookie with a $500,000 capital. He will take in all volumes of bets till it reach it limit. Once certain number hits his capital, he will re-direct the bets to his bookies network and hence not risking losing the game.
6) I think the formula should be
Capital = X( $3,000) + Y($6,000)
where X is the no. of $1.60 bet on Big
Y is the no. of $1.60 bet on Small
7) Example, for the above capital, each set of number (e.g 1234) can only take in $500,000 / $6,000 = 83 sets @$1.60 small
Or
66 set of X and 41sets of Y
8) Once a bookie has received its maximum bet, it will pass the additional bet to his/her of bookies. Therefore, they will never lose out in this calculated risk game.
3 comments:
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I won private 4d given by Thai masters. When he eventually help me 2 numbers to bet 150small 150big on both numbers which I won third prizes therefore here a problem is the master bets on illegal 4d from his friend and now I won the money bank can't process the payment and asking for processing fee of 3k.will u all pay to gey your winning money
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