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To create truly exciting games, we put a special focus on the uniqueness. We also applied a research approach to the process of development. To do this, we studied the various types of players according to Bartle’s Player Types. This concept was invented by British gambling researcher Richard Bartle. It says that players are divided into 4 groups:
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- Jan 29, 2021 The 2021 Farmers Insurance Open purse is set for $7.5 million, with the winner's share coming in at $1,350,000 - the standard 18 percent payout according to the PGA Tour's prize money.
- The bet would cost you $90. The payouts on $2 bets (traditionally how payouts are listed) were: Derby: $202.00 Preakness: $985.00. You’ll notice that there’s a pretty big difference in the amount of the payouts. In the Derby the first three horses were at low odds and the Preakness the 2nd place finisher was the longest price in the field.
- Using the +120 odds, it shows us that a $100 bet on that outcome would pay out $120 in profits. Again this can easily be converted into smaller or larger size bets. A $10 bet on +120 odds would pay out $12 in profits. Examples: Below is an example of NFL betting odds taken from an online betting site.
- Basket - The payout will be 6 to 1 (with a percentage chance of 13.2% in American roulette, this bet is not found in European roulette) as you are betting on five numbers (i.e. 0, 00, 1, 2, 3).
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- Achievers. About 10% of players fall under this category. These are people who aim to achieve the result, to win. At the same time, their achievements, the winner status, and insignia should be visible to everyone.
- Researchers. 10% of the gaming audience are secret level hunters. These players love surprises, try new styles and tactics of the game, experiment with the gameplay in different ways.
- Socializers. This is the most common category of players, i.e. 80%. For them, the main thing is the ability to interact with other players. Their aims are to compete, to exchange, and to communicate.
- Killers. Only 1% of players can beat Achievers in terms of ambition. Killers are players for whom it’s important to not only achieve but also overtake other players, i.e. to be the only winners.
In the above example, if you bet $100 on Golden State to win, you could make a $90.91 profit $100 x (10/11), and could get back your initial stake of $100, resulting in a total payout of $190.91.
Given that players can combine the features of several types at once, we have created a universal product that will be interesting to any player.
Calculator for Sports Odds
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Use our odds calculator to easily convert American (a.k.a. moneyline), Decimal, and fractional odds. You can also view corresponding odds by their implied probability of winning (expected win %), as well as calculate payouts for sports bets based on the amount wagered ($100.00 is used by default).
How to Use the Odds Calculator
Enter the odds in your preferred format and instantly view how they are converted into other popular types. You may also manually adjust the bet amount in USD to calculate what your payout would be based on the odds provided. Just hit the reset button if you’d like to start over.
Since not all sports betting sites use the same type by default, you can use this tool to quickly convert odds to a format that you understand. You can also see the probability of winning that the oddsmaker implies by setting the line at what it is. This is sometimes useful to help you understand what you are betting on.
This tool is for single wagers only. Head to this link if you are looking for a parlay (multiple bet) calculator.