I just saw the hughes gracie odds, the odds are now:
Matt Hughes (-303)
Royce Gracie (273)
I wonder how the odds are set? Obviously the "manager" sarts out by choosing the odds that seem sensible to him, but the odds change before the fight, right? Do you change them manually after your own head or do they change automatically depending on how people place their bets? And if I play for example, Gracie now, on +273, and the odds changes afterwards, will I, in case he wins, win +273 or will I only win as much as the odds are when the betting closes before the fight?
The reason i ask is because in Sweden "Dynamic oddss" are common, which means if you bet on points in a game they will all start out at 999,99 and change mathematically due to how people play so in theory, if everyone bets the same result you will only get your money back and if you are the only one to bet the actual result your winnings can be astronomical. Its either that or the "firm odds" That start out at one value and never changes.
Long question, but I hope you get the idea. Thankful for any input.
"He shows really great heart to accept this fight with a much bigger and BETTER opponent"
The always so humble Crocop after his first round KO
in the OWGP.......