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MMAPLAYGROUND ODDS?!??!!

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Punishment

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I was wondering, do the odds change as the event comes closer ? or will the odds stay the same ?

Post #1   6/26/07 2:12:32PM   

LightsOut33093

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the odds dont have 2 change but they can change when the event comes closer

Post #2   6/26/07 3:18:44PM   

szucconi

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the odds change based on how meny people pick each fighter. If the pick ratio changes then the odds also change.

Post #3   6/26/07 3:22:40PM   

Ralk

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Do the odds change for those that already placed bets or just new bets?

Basically I want to know if I make picks for bets now if I'll need to check the odds the day of the event to see if some of my bets get changed to worse odds.

Post #4   6/26/07 4:00:05PM   

szucconi

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Posted by Ralk

Do the odds change for those that already placed bets or just new bets?

Basically I want to know if I make picks for bets now if I'll need to check the odds the day of the event to see if some of my bets get changed to worse odds.



The odds change for all bets. Meaning you can't lock in at any odds until everything is locked. This also means you can change you bets at any time. You should check the site the day of the event,

Post #5   6/26/07 4:07:00PM   

Ralk

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That's good to know. Thanks Szucconi!

Post #6   6/26/07 4:10:58PM   

LightsOut33093

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no szucconi....ur wrong....the mods put in the odds...it duznt change based on how many people pick each fighter...but the mods do factor that in when determining the odds

Last edited 6/26/07 4:43PM server time by lightsout33093
Edit note/reason: n/a

Post #7   6/26/07 4:41:07PM   

szucconi

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Posted by LightsOut33093

no szucconi....ur wrong....the mods put in the odds...it duznt chnage when the percentage changes



Could have fooled me. Are you sure? Where are you getting this info? I would like to know myself. I have just noticed a pattern of picks and odds.

The important part is the fact that they change, not how they are set.

Last edited 6/26/07 4:44PM server time by szucconi
Edit note/reason: n/a

Post #8   6/26/07 4:44:07PM   

nellyhiphophead

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yeah but thats how they make there odds so if the picks do change then yes the odds should be changed also.

Post #9   6/26/07 4:44:12PM   

DoTheMMAth

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As of now, the odds are pretty much set from when you are first able to place a bet on them until the event locks. Initially the odds were going to be live odds, but this was changed before the first event of the season even took place. We wanted everyone to have the same odds and same chances to win rather then favoring a person that happened to log on at a time when the picks and wagers caused their picks to have more advantageous odds. And, since this IS just a game and a really simple simulation of a real system, that's how it is for now

_______________________________________

Post #10   6/26/07 4:47:16PM   

LightsOut33093

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Posted by szucconi


Posted by LightsOut33093

no szucconi....ur wrong....the mods put in the odds...it duznt chnage when the percentage changes



Could have fooled me. Are you sure? Where are you getting this info? I would like to know myself. I have just noticed a pattern of picks and odds.

The important part is the fact that they change, not how they are set.



Fighter odds are based on an algorithm which factors in variety of criteria from our users via the wagering system and pick 'em game.
^^^Got it from the rules page^^^

Post #11   6/26/07 4:49:54PM   

Punishment

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Posted by DoTheMMAth

As of now, the odds are pretty much set from when you are first able to place a bet on them until the event locks. Initially the odds were going to be live odds, but this was changed before the first event of the season even took place. We wanted everyone to have the same odds and same chances to win rather then favoring a person that happened to log on at a time when the picks and wagers caused their picks to have more advantageous odds. And, since this IS just a game and a really simple simulation of a real system, that's how it is for now



Alright awesome thx for the response. I was just wondering cuz Herring is paying amazing odds right now, and if the odds did infact change prior to the event, i would go put some $$$ on em now.

Post #12   6/26/07 10:36:20PM   

Mayo

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All Herring has going for him is the kiss of death before the fight even begins.

Post #13   6/27/07 12:54:50PM   

CornishMMA

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That fight is only big fave/dog fight on the whole card, everything else is really even and also hard to call

You will always need to come on and check them the day it locks up but the TUF5 FINALE odds never changed that much

The odds are mostly based on members picks but they factor in other things as well, but WHY is rashad not an underdog with good odds then? they are both around -110 which seems stupid

Post #14   6/27/07 1:17:03PM   

Doskei

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Can we get a little consistency perhaps in the odds? It's more than a little silly that the great majority of fights have a player bias, and the few really close fights have a house bias. The house odds system would be immensely better if mmap would just stick to the odds being offered by the bookies. Increase consistency, increase realism.

ATM the only thing I don't like about mmap is the arbitrary nature of the betting lines.

Post #15   6/27/07 1:56:46PM