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Home»Betting»A Brief Description of the Betting Market in Remonte
Betting

A Brief Description of the Betting Market in Remonte

BenoItBy BenoItJanuary 10, 2021Updated:October 31, 2022No Comments3 Mins Read
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Throughout the game spectators are allowed to place as many bets as they want. On each bet the bettor chooses either the red team or the blue team and wagers an amount of money against another spectator who chooses the other team and wagers a different amount of money (these amounts become the odds). The bettor who guesses correctly wins the money that the other bettor loses. For example, if you bet 100 euros on the reds against an opponent who bets 100 on the blues and the blues win the match, you pay your opponent 100 euros.

Throughout the remonte match a screen (see table 10.1) shows the effective odds in the market and the current score. The odds consist of two numbers, with the bigger one always being 100 euros and the smaller one varying between 2 and 100 as points are played. Generally the smaller odd is one of the set {2, 3, 4, 5, 6, 8, 10, 12, 15, 20, 25, 30, 40, 50, 60, 70, 80, 90, 100}. In the example in table 10.2 the red team has scored 5 and the blue team.

The odds are 100 to 80, denoted by (100, 80). The bettor who bets on reds risks 100 euro to win 80, and the one who bets on blues risks 80 euro to win 100. From here on the chapter will follow this convention in describing the various bets, and we will denote these odds (OR, OB). Bets are always between spectators, so if one spectator places a bet on red there must be another who bets on blue.

What happens when the game is over? Bet on reds: A bettor on reds will lose 100 euros if blues win the match. Otherwise, if reds win the match the bettor will win 80 euros minus the 16 percent commission, that is, 67.2 euros. Bet on blues: A bettor on blues will lose 80 euros if reds win the match. Otherwise, if blue wins the match the bettor will win 100 euros minus 16 percent, that is, 84 euros.

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Finally

This describes a single bet. A bettor can make as many bets as he or she wants to, provided there is someone on the other side who will take the bets. For example, with the same screen as represented in table 10.2, if a bettor places 10 bets on the reds he or she will lose 100× 10 = 1,000 euros if blues win the match. Otherwise, if reds win the match the bettor will win 67.2×10 = 672 euros.

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