[Novo]

This is just what we need on TIBB

vBookie is a virtual 'bookmakers' that allows members to bet on selected events such as football matches (such as correct score, first goalscorer... and even the amount of corners!), boxing matches, horse races... basically everything!

No money will ever exchange hands vBookie uses its own point system which has no more use than as 'bragging rights'. Read on to learn more about the points system...

What are 'Points'?

Firstly, betting points is just for fun. You use your points to place bets on games which are added automatically to your account when you register. You should have 500 to begin with in your account, with each bet thats added, a further 50 points will be added to your account just to make sure members always have at least some vCash to bet with.

Help with odds

Odds of "5/1" are "amount won per amount placed". This means that I would win 5 for every 1 placed. Of course, if I win, I get my stake back as well. Odds of "1/5" means that I win 1 for every 5 placed. I'd have to place 25 to win just 5.

Decimal Odds

Decimal odds are just another way of displaying the same information. 2.0 is the same as 2/1. 0.2 is the same as 1/5. vBookie only lets you specify odds in terms of x/y, but if you think in terms of decimal you can still work out what odds to provide. Simply think of your decimal odds as "2.0 / 1.0" or "0.5 / 1.0" and then multiply each side through by 10 or 100 until there are only zeros to the right of the decimal point, then just take the whole number part.

2.0 / 1.0 has no decimals, so this is the same as 2/1

0.5 / 1.0 has a 0.5, so multiply both parts by 10 to get 5.0 / 10.0. Then you can specify your odds as 5 / 10. You might also realise that this is the same as 1/2. The technique is a simple way to work out any odds you may need to specify.

Odds of 0.65 -> 0.65 / 1.0 -> 65.0 / 100.0 or 65/100. Then you can divide through by 5 to get to 13 / 20, although this step isn't necessary.

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If you have any further questions, don't hesitate to contact a member of staff.

http://www.vbulletin.org/forum/showthread.php?t=94128