Quote:
Originally Posted by warrioman
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Scenario 1: A wins
Every better for A receives 1700/80 = 21.25pp, a small gain. Will be larger if betting size is larger. However, A was 4x more likely to win thus payout is smaller.
Scenario 2: B wins
Every better for B receives 1700/20 = 85pp, a comparatively large gain. Will be larger if betting size is larger. Since B was more likely to lose, the payout is larger.
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Don't forget the prize-money for the winner, and the cut Kavanah takes (don't start thinking this is for entertainment or charity; the primary goal for this as described would be profit for Kavanah regardless of outcome). Even assuming small cuts taken (5% of gross bets each), you're down to 1530p in the pool, which means everyone betting on A takes a loss
even when A wins.
For this to come close to working, the cuts taken cannot be more than the total amount bet on the side with less money overall.