https://github.com/jkl404/back-and-lay-betting-algorithm
A betting exchange is a marketplace where the customers bet against each other, instead of betting against the bookmaker. Hence, they can request or offer odds to the other bettors. Generally, when it comes to any operator, a bettor is allowed to make a back bet. However, due to the structure of Back and Lay betting exchanges, you can make both back and lay bets. The meanings of back and lay bets are simple to understand. By pitting the customers against one another, a betting exchange gives you the option to lay the bet on an outcome not likely to happen. In betting exchanges, on one side of the bet, there are backers who back an event to happen, and there are layers who lay bets on an event not happening. Both backers and layers in back and lay betting sites bet against each other by agreeing on specific odds of an outcome.
https://github.com/jkl404/back-and-lay-betting-algorithm
Last synced: 3 months ago
JSON representation
A betting exchange is a marketplace where the customers bet against each other, instead of betting against the bookmaker. Hence, they can request or offer odds to the other bettors. Generally, when it comes to any operator, a bettor is allowed to make a back bet. However, due to the structure of Back and Lay betting exchanges, you can make both back and lay bets. The meanings of back and lay bets are simple to understand. By pitting the customers against one another, a betting exchange gives you the option to lay the bet on an outcome not likely to happen. In betting exchanges, on one side of the bet, there are backers who back an event to happen, and there are layers who lay bets on an event not happening. Both backers and layers in back and lay betting sites bet against each other by agreeing on specific odds of an outcome.
- Host: GitHub
- URL: https://github.com/jkl404/back-and-lay-betting-algorithm
- Owner: JKL404
- Created: 2022-01-12T16:03:46.000Z (over 3 years ago)
- Default Branch: main
- Last Pushed: 2022-08-28T11:48:02.000Z (about 3 years ago)
- Last Synced: 2025-04-09T10:45:20.354Z (6 months ago)
- Language: CSS
- Size: 3.57 MB
- Stars: 0
- Watchers: 1
- Forks: 0
- Open Issues: 0
-
Metadata Files:
- Readme: README.md
Awesome Lists containing this project
README
# Back-and-Lay-Betting-Algorithm
## _JKL404_
[](https://travis-ci.org/joemccann/dillinger)
A betting exchange is a marketplace where the customers bet against each other, instead of betting against the bookmaker. Hence, they can request or offer odds to the other bettors. Generally, when it comes to any operator, a bettor is allowed to make a back bet. However, due to the structure of Back and Lay betting exchanges, you can make both back and lay bets. The meanings of back and lay bets are simple to understand. By pitting the customers against one another, a betting exchange gives you the option to lay the bet on an outcome not likely to happen. In betting exchanges, on one side of the bet, there are backers who back an event to happen, and there are layers who lay bets on an event not happening. Both backers and layers in back and lay betting sites bet against each other by agreeing on specific odds of an outcome.
## Features
- Fetching real-time odds for Cricket, Football, Basketball, Tennis and Ice Hockey using api
- Betting with one user to another
- Bet's Liability and Profit Calculator
## Installation
Install the dependencies and devDependencies and start the server.
```sh
pip install -r requirements.txt
python app.py
```
Verify the deployment by navigating to your server address in
your preferred browser.
```sh
127.0.0.1:5000
```
## DEMO
Link: https://back-and-lay-betting.herokuapp.com/
## License
MIT
**Free Software, Hell Yeah!**