310: C310 The Way of Betting Payout

C310 The Way of Betting Payout

After hearing the middle-aged man's words, Ye Tian looked at the tightly packed betting hole in front of him, thought for a moment, and then left the crowd.

Standing at the back of the crowd and looking at the crowded scene in front of him, Ye Tian felt an itch in his heart.

The gaming industry in Macau and Las Vegas was a lucrative one in his previous life. It is not just the gambling companies that take full account of their profitability when they set their odds; more crucially, certain competitions, the results of which are simply manipulated behind the scenes by the gambling companies.

At this moment, what Ye Tian wanted to know the most was the total amount of bets that both sides had made up to this point. Secondly, the payout rate set by Ministry of Tax Administration, how much is it?

Slamming his lips, Ye Tian said: "This gambling business is so lucrative, we cannot let Ministry of Tax Administration be monopolized like this. The royal family's Bureau of Mint is the official distribution department for the empire's currency. How can they not be involved in this gambling business? "

Thinking about this, Ye Tian turned around and walked away.

After walking for a few dozen meters, the number of pedestrians had decreased significantly. Ye Tian looked around and then left the main road. He looked at a deserted alley and sneaked into it in a flash.

This alley was a dead end, with high gray brick walls on both sides. Obviously, this was the separation wall between the two mansions.

Some wealthy families, when building the walls, chose to separate themselves from the walls of the other families for the sake of feng shui, thus forming the appearance of this small alley.

No one passed by, which was exactly what Ye Tian wanted.

Immediately after, Ye Tian stood at the end of the alleyway. His eyes emitted a faint wave of light.

In that ancient book "Star Shift", the advanced application of spatial magic slowly appeared in Ye Tian's mind.

With a "Pop," Ye Tian's body disappeared.

At the same time, in Tiangong Empire, in the practice room of the Wager Division, the counselors and attendants were collecting the silver taels collected from the front desk into their treasury, while at the same time calculating the amount and recording it into their general ledger.

At this time, a light fluctuation came from the workshop. It was as if a gentle breeze was blowing in the room. But the counselors and the accountants were working hard, and no one noticed the breeze.

Ye Tian's body was floating in the air. Although the scene in front of his eyes was a little blurry, he could still see the words recorded on the account book clearly.

Borrowing the time while flipping through the ledger, Ye Tian clearly saw that the total amount of bets on the ledger to yesterday, was impressively written at 31,690,000 gold in the Tiangong Empire s column, and at the Oca Empire s row, at 119,870,000 silver.

Ye Tian was shocked. Just from looking at the total bet from the previous three days, the bet on Tiangong Empire was worth more than 30 million silver, while the bet on Oca Empire was worth more than 100 million silver.

It seemed that there was an absolute majority of people who were confident in Oca Empire.

At the same time, Ye Tian also looked at the payout rate recorded on the ledger. Very quickly, Ye Tian saw that on the accounting page that was compiled yesterday, the payout rate for Tiangong Empire was 3.68, while the payout rate for Oca Empire was 0.26.

Ye Tian made a quick calculation. Honestly speaking, this number was almost the same as Ye Tian's calculation in his previous life. All of them had high odds of winning, while the ones with low odds of winning had low odds.

This was the essence of the gamble.

Since he knew which side would win, he naturally placed his bets on them. The more he placed his bets on, the lower the odds. As for the others who insisted on betting on the other side, the odds were naturally higher.

However, Ye Tian frowned again and quickly calculated.

Looking at the total amount, both sides had bet a total of one hundred and fifty-one million silver taels. According to the points removed from the bet, those who had bet on Tiangong Empire would be able to earn one hundred and ninety-seven thousand silver taels under the circumstances.

If the person who betted on Oca Empire won, under the right circumstances, they would be able to earn 31,16,000 silver.

Compared to the payout rate of 3.68 and 0.26, Ye Tian quickly came to the conclusion that Ministry of Tax Administration was a 10% draw from both parties in the bet.

In comparison to the total amount of one hundred and fifty-one million and one hundred sixty thousand taels of silver, merely three days of competition had allowed Ministry of Tax Administration to earn over fifteen million taels of silver.

After reaching this number, Ye Tian gasped.

Furthermore, this was only the sale of Shangjing City. There were bets placed by people from every county, every town in the empire. The true total was definitely not one hundred and fifty million. Ye Tian estimated that it could be increased five times.

A windfall. A windfall.

For this bet, he, Ye Tian, had to win over the royal family's Bureau of Mint. The reason was not just because he could earn a lot of money in this competition. In Ye Tian's mind, there were almost no sports events in the world. Just looking at the enthusiasm of the ordinary citizens towards the matches these days, they already had a very broad market prospect.

Moreover, in a planet, a continent, and nearly ten huge empires, there weren't any competitions in the four seasons of the year. It didn't make any difference whether it was officials or ordinary citizens. Since he, Ye Tian, was here, he could not always be so boring.

The public also needs a channel of entertainment and noise.

Therefore, in Ye Tian's idea, in the future, he wanted to build some important sports events on this land, and not just a martial arts contest between the two countries.

These sports events would definitely make ordinary people go crazy for them. And the matching gambling industry, will also make a rich bowl.

Thinking about that, Ye Tian's eyes swept across the betting rate for Tiangong Empire on the general ledger again.

3: 68.

Even if there were still three days left, the change in the payout rate should not be that great. It should at least be around three.

This meant that if a person were to win their bet with Tiangong Empire, they would receive a bet of ten thousand. If their Tiangong Empire were to really win, they would receive a reward of forty thousand gold.

Moreover, Oca Empire's payout rate was only 0.26. Because of the large number of people bet, the payout rate was naturally lower. This meant that if Oca Empire won, other than taking back the principal amount of ten thousand silver, he could also get a repayment of twenty-six million silver.

The reason why the odds on Tiangong Empire were so high was because there were too few people betting on it.

Ye Tian also wanted to bet on this.

According to the rules of betting on the ratio between the two parties, this was also a common practice in Ye Tian's previous world.

At this moment, Ye Tian could also tell that the payout rate for Ministry of Tax Administration was delayed by one day. This also meant that the changes in the bet on that day couldn't affect the odds of the previous day, and this point made Ye Tian feel that there was an opportunity to take advantage of.

In the world of his previous life, due to the existence of high technology, computers and the Internet, the payout rate was calculated at once, and there was no delay.

In this world, they could only rely on the data compiled from the night before to calculate and approve the payout. After the betting was done on that day, they would work overtime to correct the payout.

There was a day's delay in this.

At this moment, Ye Tian already had the thought of getting Ministry of Tax Administration to throw off the betting stake in this business. If he wanted to do this, there had to be a reason.

For example, letting one's Ministry of Tax Administration compensate for a transaction, and even making it a loss of skin pain.

In an instant, Ye Tian had an idea.

At this time, in the practice area of the Ministry of Tax Administration competition, a gentle breeze once again blew.

The Counsellor and the others only slightly pressed down on the pages that were being blown up, not feeling anything out of the ordinary.

At the same time, Ye Tian's figure once again appeared in the alleyway where no one passed.

After obtaining the bet, Ye Tian quickly walked out of the alley. When he arrived at the intersection in front of him, he found Hong Sheng, sat in the carriage, and returned to Jade Lake West Garden.

After entering the gate, Ye Tian came to the Jingann Courtyard. He sat down by the stone table under the Pear Blossom Tree and stared blankly at the opposite wall.

At this moment, it was still early, and the half a afternoon's worth of dim yellow sunlight was diagonally shining in the courtyard of Jingann Courtyard.

It seemed that the beauties of the Jade Lake West Garden were currently in the midst of battle. At this moment, Ye Tian suddenly went in to add on to the disturbance, which also affected everyone's leveling.

Therefore, the only thing Ye Tian could do now was to wait.

Until dusk, when the members of Jade Lake West Garden finally walked out from the backyard one after another.

When all the members had arrived, Ye Tian stared at Yeh Ka and asked seriously, "How is it?"0

Yeh Ka smiled, and on his delicate and handsome face, there was a proud expression, "My Lord, I am already at Advanced Divine Warrior."

Ye Tian nodded, and a stone in his heart finally fell to the ground.

Then, Ye Tian raised his head, looked at Denean, and said: "How much money can the Imperial Household Department use now?"

Hearing Ye Tian's words, Denean took a step forward and slightly calculated before speaking, "Other than the recently spent silver taels for Divine Weapon Camp, the Internal Affairs Bureau currently has around ten million gold, which is equivalent to one hundred million silver taels."

Ye Tian nodded. His gaze shifted to Yeh Rong as he continued, "How much money can we spend on Dark Holy Temple?"

Without hesitation, Yeh Rong replied, "About 90 million silver taels."

After thinking for a moment, Ye Tian said: "Together, we have about 200 million silver taels, which is equivalent to 20 million gold taels. I have an idea, on the last day of the Ministry of Tax Administration bet, I will bet all of these two hundred million silver on Tiangong Empire. If we can win, according to the payout rate of three times that of the day before yesterday, we can get eight hundred million silver, which would be a big deal. "

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