Chapter 99 - New gambling

Translator: Lionwwang  Editor: Lionwwang

“How?” Minister Kim is a little confused.

“It’s very simple.” Winson says leisurely, “For example, I bet on a one-for-ten odds, I win, and Chen Yang bet in a one-for-three odds, he also wins. Although he has more chips than me, but mine is higher than him, indicating that I take greater risk than him. I’m more insightful than him, so I just win! How do you think?”

Minister Kim is laughing again: “What do you mean is that, regardless of the chips number, we only bet on the odds? Then I just need to find the one with the highest odds. I may win for sure!”

“You have to win the result first!” Winson smiles faintly, “If you lose the game, what’s the use of the highest odds?”

Minister Kim’s eyes are brightening up: “I see, you want to compete the ability of predict the market maker’s operation!”

Winson nods, turns to me: “How do you think? Are you interested?”

I frown: “What do you mean? I don’t understand.”

Winson is squinting and smiling mysteriously: “You really don’t understand, Chen Yang? Have you never gambled?”

By this time, casino staff has come in with a slim laptop, puts it in front of us, and opens some strange pages from the laptop for us.

“These are all the forms of gambling that we can participate in today, from football matches to horse racing, as well as the gambling methods of major European gambling companies, all of which we have instant betting business.” Dealer says, “Please choose at will.”

Minister Kim is selecting first, and then the staff takes another three laptops and put them in front of me, Winson and Nongda Park.

Winson doesn’t watch the screen. He’s looking at me.

“Actually, predict the market maker’s operation is also called reckoning the market maker. Chen Yang… Have you really never touched gambling industry before?” He looks at me and nods, grinning bitterly, “It’s really strange. Your card playing skills are so exmobileent!”

“I was just lucky!”

“Well, let’s escape that first.” Winson says slowly, “Actually the so-called predict the market maker is just a kind of mathematical calculation. Of course, most gamblers don’t understand this, such as a football match, ordinary gamblers will only analyze the strength of the team, players’ condition and so on… In fact, these analyses are too much, and they are useful. But the real results are always in the hands of the market makers!”

“I understand that.” I nod. It’s almost the same as Little 4’s motorcycle racing.

“If the market makers want to make sure that they are profitable, the odds they offer are calculated strictly. But the number of bets should also be considered. To give a simple example, a football match, after the market makers give the odds, most people buy team A to win, while few people buy team B to win, then if team A really wins, the banker will lose money! So, the market makers will control the result of the game and let Team B win!”

“Of course, in fact, the real situation is not that simple. If it is so easily to be seen through, then no one will come to bet. So, the odds play a decisive role. For example, the odds of buying team A is 1:100 and that of buying team B is 1:3. Most gamblers think Team B is popular and buy team B to win. So even if team A has less bets, but because of the odds are high enough. If Team B wins, the market maker will lose a lot of money. If team A wins, the market maker can make a small profit.”

“Of course, I don’t mean that all football matches are fakes. But there are several very large gambling groups in the world, which are so powerful that you can’t imagine! In order to make a profit, they will control considerable parts of the football matches. Most of the matches you see are real, but quite a few are manipulated.”

“A gambling group usually plays many matches at the same time. Most of matches are normal. They don’t have any tricky. Market maker will just control the odds, after accurate calculation, the odds and the number of bets is all calculated, to make a balanced data out, to ensure that no matter which team wins, they will at least make income even without losing money. Meanwhile, one specific match they control is used to make a lot of money!”

“The problem is that outsiders don’t know which game is controlled in so many gambling matches. Most people, if you bet on games that are not controlled, then entirely depends on your luck. If you accidentally bet on the match that market maker is well-controlled. Well, you’d better bless yourself are not on the opposite side. Otherwise you’ll lose for sure!”

“The controlled game is like a balance, with lots of gamblers throwing monies on both sides. But the market makers see it very clearly. By calculating, they will take away the money on the side with more monies to let most people lose and a few people win. So, they may make a lot of monies. For professional gamblers, the way to gamble is to find a way to predict the market maker’s operation!”

“First of all, in many games which the bankers open up the odds, you have to figure out which are not manipulated and which are manipulated! This is calculated and judged according to the hot degree of betting. It has a lot of knowledge.”

“Professional gamblers specialize in betting on matches that have been manipulated by the bankers. Because by calculating the banker’s odds, they can judge which side the bankers will win in the end. It is equal knowing the result of the game beforehand! That would be naturally winning for sure! Of course, calculating odds is a very complicated knowledge. It’s not so easy to judge who wins the game by calculating. It’s a skill to test the professional gambler’s ability!”

I’m so absorbed that I can’t help asking: “Well, if the results of the games controlled by the banker is judged and bet on it, won’t you win a lot of monies? Doesn’t the banker have to lose money?”

“It would be impossible.” Winson is shaking his head, “Even if you can judge the result of the game by calculating, you have to calculate how much you bet would not to affect the overall situation too! If you bet too much at one time to let the bankers might lose money, they would immediately change the match’s result to Let you lose.”

After that, Winson is looking at me helplessly and saying: “You really don’t understand these things? I thought you are a hidden master.”

I smile and say: “At least I’m very grateful to you for telling me that.”

“For what?”

“After going out from here today, I’ll tell my friends around me: Don’t spend even a penny on gambling, because they’re all frauds. Ten gambling games have nine frauds. The ancient words are too damn right!” I laugh and take the laptop; look carefully to search which game I can bet.

Ten minutes later, Winson finishes first. He chose a horse gambling in Macau, and so does Minister Kim.

Obviously, both of them have been carefully calculated. The odds of the two horse races are quite high. One is 2:6 and another is 1:4. They all seem not that surprise hits, but both of them look pretty confident.

Winson smiles to me and says: “Chen Yang, which game are you betting on?”

I’m still looking for the information on the computer, and suddenly my eyes are lighting up, pointing to screen and asking: “This one can also be bet?”

The dealer comes, takes a look at it and says: “Yes, sir, we can broadcast the live football match for you, and you can watch it on the TV.”

“Well, that’s it!” I say with great enthusiasm, “But I can’t understand some of the odds above. What’s the meaning of this?”

Winson looks at the information on the computer screen in front of me, stunned! He can’t help saying, “Chen Yang, do you really want to bet on this? It seems that the bankers aren’t optimistic at all. The chances of losing are higher. I’m afraid…”

Minister Kim comes together and he’s also stunned!

They are looking at each other with the strange expressions on their faces.

“You really want to bet on this?” Minister Kim is saying with difficulty.

Winson doesn’t speak, but he’s looking at me as if I have had lost all my possessions.

The dealer next to me looks very professional, without any contempt for me, and steadily says: “Sir, this game is calculated according to Asian odds, today’s odds is that the home team two balls handicap. Are you sure you want to bet?”

I do not hesitate to put my finger on it: “I’ll bet on this game, but I won’t bet on the home team, I’ll bet on the away team!”

Asian Cup Football Qualifications. South Korea VS China. (Fiction for plot needs.)

“I’ll bet on China!”

When I speak this word, even the dealer is looking at me with a “you’re dead” look.

I shake my head calmly: “I don’t gamble much. Anyway, as you said, regardless of the amount of gambling, we are competing with the odds. The odds of betting on China are the biggest.”

Then I snap my finger and laugh, speak to the dealer: “Go ahead, turn on the TV, let’s watch the live broadcast! Do you have beer? How can men watch a football game without beer?”

Winson glances at Minister Kim. Minister Kim is suddenly laughing and saying: “OK! Let’s see whether your luckiness will be still so good this time.”

Nongda Park speaks something there.

Nanny has been sitting beside me all the time. She hasn’t said a word during we were playing cards. Now she listens to Nongda Park’s words, can’t help frowning slightly and whispering in my ear: “This man is really annoying. He said that he admires you. But he thinks that China football can’t be an opponent of the Republic of Korea. So, he decided not to bet on anything else. If you bet on China, he’ll bet on Korea.”

I don’t care at all: “OK! It’s really a fun to have people gambling together!”

Just at this time, the waiter brings the beer. It’s the German black beer. I’m immediately overjoyed and raise my glass to greet with Nongda Park.

In fact, I am very sorry.

Damn it, unfortunately I have no gambling luck today. Otherwise, I will be betting at least one million to let this Korean lose to cry to death!