BXBX NOVEL Chapter 1625
On it was the most popular candidate information...
Chen Ye raised his head and looked over. There were many familiar faces on it. They were all famous figures of the younger generation that he had heard of before participating in the national examination. After all, the fellowship was broadcasted across the entire federation, and the ratings for this kind of martial arts competition were high, even many children who did not study could learn about these figures through the competition. Chen Ye was naturally no exception.
The large screen displayed all the popular candidates. Everyone could use the small screen that was activated by the AI in the hall to browse through the slots at the back.
Chen Ye looked over and saw that most of them were those who were ranked at the top of the previous batch. For example, the XENOGENEIC from the Tyree Fasson Academy, Demon Star. As the biggest dark horse last year, after graduating from the previous batch’s champion this year.., as the runner-up from the previous batch, he had quite a good approval rating. After all, as a new student back then, he had almost toppled the five-time champion. His talent was astonishing.., this year, he had cultivated in the ancient lands within the Tyree Fasson Academy for ten years. His strength was probably not inferior to the previous batch’s champion.
Seeing Chen Ye and Bai Cai looking at demon star.., white Fox smiled as she introduced, “Student Demon Star is one of Tyree Fassen’s ACE players this year. The number of people who have chosen to place their bets on him has already reached over ten billion. His pool of funds has already accumulated to 40,000 trillion federation coins. According to our intelligence, the last time he made a move was in the Eastern Star Region, Nomorrigan. The opponent was the Bronze Academy’s last year’s ace player, Negan. “Black Hammer, the victor was determined in just 30 moves. Moreover, his life level is estimated to be at level 15. According to the analyst’s assessment, if he stays in the ancient lands for another 10 years, it is very likely that he will step into the dragon-level. He is one of the few monsters who can challenge the royal family’s Disciples!”
“Hiss...”Chen Ye not only gasped when he heard this. He had only entered the academy for 20 years, and he was already level 15? Even with the ancient lands’blessing, wasn’t this a little too exaggerated? One had to know that many people were only around level ten after graduation, and they were considered quite outstanding. was this the difference between a genius and a mortal?
Little Bai cai asked curiously, “Isn’t this the betting ranking? What does it mean that so many people are betting on him? Are they betting on him to win the championship?”
“That’s not it...”white fox smiled and said, “This year is the year of the Crown Prince after all. It’s naturally impossible for anyone other than a member of the royal family to win the championship. Although there’s a lot of money to bet on him, the betting methods are different...”
“Eh?”Bai Cai was stunned. “Isn’t it just betting on the ranking? What’s the difference?”
“Betting on the ranking is the most basic betting method...”. White fox smiled and said, “Every year, there are a large number of evaluators who do their analysis. There are many times when the individual ranking does not have much of a difference. Unless you bet on a precise ranking, which is a fixed number of the opponent, the odds are not high and it is difficult for people to enjoy themselves. Therefore, such a popular player will usually give rise to many different ways of betting ... ..
“Oh?”Bai Cai became more and more interested when he heard that. “Tell me...”
White Fox said, “First of all, it’s the simplest betting method to predict his ranking. Based on the information available, the more accurate the prediction is, the higher the odds will be. For example, if the prediction is for him to be in the 30th to 50th place, the odds are currently 3 to 1. If the prediction is for him to be in the 30th to 20th place, the odds are 4.5 to 1. If the prediction is within the range of five, the odds will usually double. If the prediction is accurate, it’s to accurately determine his exact ranking. The odds will be quite high!”
Bai Cai asked, “How High is it?”
White Fox said, “The exact number will be determined based on the ranking you choose. Currently, the most popular claim is 35th place. The odds have already reached 11 to 1, which is considered a very high odds. There are also some who bet against him. I estimate that he will be able to defeat a portion of the royal family’s disciples and enter the top 20. Demonic star is in the top 20, so the exact odds are all in the 100 to 1 odds...”. “...”. “...”
Bai Cai’s eyes lit up when he heard that. “Then does that mean that the higher the odds go, the higher the odds will be?”
White Fox was taken aback, then, she nodded. “There is such a saying, but the highest opening bid on demon star right now is 20th place, and the odds are 100 to 1, which is already very exaggerated. If we go any further, almost no one would dare to buy, so there will be no opening bid...”
“So... you can’t go any higher?”
“Not really... . “the White Fox shook her head. “If someone is willing to buy, they will also open a new bid. According to the rules of the new bid, if the capital exceeds 100 million, they can open a new bid. However, there are currently no buyers in this area. Demonic Star’s strength is acknowledged, but it is the year of the Crown Prince after all. The top 20 is already a very risky new bid. There aren’t many funds in reserve. If you go any further... “...”. No one was that stupid. Unless there was new information that proved that he had the ability, perhaps there would be a new offer... “...”. “...”
“Oh?”Bai Cai asked curiously, “You can buy it later when there is more information? Then why not buy it after the information is confirmed? After all, it has been ten years. Isn’t it too uncertain to buy it now?”
White Fox said with a smile, “That’s the effect I want. If you buy it now, the shares you buy in the next ten years will increase or decrease in value according to the changes in the information. Take Fiend Star for example. Everyone now estimates that his ranking is between thirty-five and fifty, and the number of people who buy this ranking is also the highest. If the intelligence officers produce new information in a few years, it proves that his ranking may change. For example, if his strength has improved by leaps and bounds and he shows signs of entering the top twenty, the shares that were previously bought between thirty-five and fifty will decrease in value, and many people can sell them off. As for those who bought twenty places before, their shares will increase in value because the odds they bet on will not change because of the information
“Then he can choose to continue to hold it, or lower the price a little, cash out and leave...”
“What the...”Bai Cai was stunned. “Aren’t these stocks?”
“Yes... This is indeed based on the stock system...”white fox smiled.
“The planner is really a genius!”Bai Cai chuckled and asked, “You just said that the buying ranking is the simplest way to place bets. What else is there?”
White Fox said, “There are many other ways. The most mature way is to bet directly. You have to buy it early. For example, demonic star’s current estimated ranking is thirty-five. Many people believe in his future, so they start from thirty-five and bet up. For every ranking they go up, they have to bet ten times the odds, and for every ranking that goes down, they have to bet ten times the odds. And so on. This is a relatively big way to play. Of course, you can set a maximum limit. For example, you can lose three or five places at most, and then you won’t continue to lose. But at the same time, if you have a limit in the declining ranking, your rising profits will also be limited. For example, if you lose three places, you won’t lose. Similarly, if you rise three or more places, you won’t gain any extra profits!”
“Wow...”Bok choy rubbed his hands and said with an eager expression, “It’s rich...”
Chen Ye:”...”