Radhe Exchange calculates the odds for same-game parlays by considering several factors, including the number of selections within the same game and the individual odds for each selection. The process involves using algorithms to assess the correlation between different bets within the same game, which can affect the overall odds.
Calculation Process
- Selection of Bets: Users choose multiple bets from a single game, such as point spreads, totals, or player props.
- Odds Assessment: Each bet has its own odds, which are initially set by the sportsbook. These odds are then adjusted based on the correlation between the selected bets.
- Correlation Consideration: In same-game parlays, outcomes might be correlated (e.g., betting on a team to win and their star player to score a certain number of points). This correlation can lead to adjusted odds as these outcomes are more likely to occur together compared to independent events.
- Algorithmic Calculation: The sportsbook uses algorithms to calculate the combined odds for the parlay, taking into account both the individual odds and any correlations. This often results in slightly different odds compared to traditional parlays where bets are on independent events
- Final Odds Display: Once calculated, these combined odds are displayed on the betting slip, allowing users to see their potential payout before placing the bet.
By handling same-game parlays in this manner, Radhe Exchange provides bettors with tailored odds that reflect the unique nature of combining multiple outcomes from a single event.
