eBetting: How to read the odds

Day 813, 22:11 Published in Canada Canada by Gofarman

Due to the unexpected response I have decided to post a explanation on how I will list my odds, how you can go about requesting odds, and how you read them once they are posted.

First of all there will be 2 types of odds place😛

1. Region Exchanges- this bet will be defined by what day the region exchanges hands and will have 3 formats

1a. You can "short" the Proposition- The dates listed will be the Minimum amount of time that said region will remain in the control of its present Government.
eg.
Peru will control NoB until:
~~~Day ||| To win this bet Peru must control the NoB on Day 816

1b. You can "long" the Proposition- The dates listed will be the Maximum amount of time that said region will remain in the control of its present Government.
eg.
Peru will lose Control of NoB by:
~~~Day 815 ||| To win this bet Peru must lose control of NoB before Day 816

1c. You can "stick" the Proposition- The most basic of all Propositions the Region exchange must occur on the day(s) listed, if the Region Exchange occurs before or after the date(s) you lose. You may also bet on a "spread" of dates, multiple dates clearly defined.
eg.
Peru will lose Control of NoB on:
~~~Day 815 ||| To win this bet Peru must lose control of NoB on Day 815

2. Event Propositions- This bet will be defined by the outcome of the event and may have any number of factors that need to be fulfilled for the action to pay. Odds will be discussed case by case.
eg. (Here is the standard format of an Event Proposition)
(The Proposition)The Next President of Canada will be Octavian_F; (the Factors)Impeachment does not qualify as a loss, The Election will occur on March 5th, Octavian must win by more then 50 votes.
||| To win this bet Octavian_F must be elected the Canadian President on March 5th by more then 50 votes, an impeachment of the current President would not disqualify this bet even in the unlikely case he or another citizen is President by those means.

Event Propositions could be from when a person quits his job to the date that Mr.Hyphenated forgets to post his article. I will be cautious when taking bets that may be tampered and if tampering is suspected I reserve the right to terminate the bet at any time. I will strive to be fair and impartial in all dealings.


Odds:

Odds will be listed in a Fraction format with the Action ALWAYS being the first number.

eg.
25:1 - This ratio would award the winner of a bet 4% on the action. A bet of 5g would be rewarded with 5.2g.

Other common Odds and corresponding % return: (all returns will be rounded down to the nearest 0.5😵

1:1 -100%
2:1 -50%
3:1 -33%
4:1 -25%
5:1 -20%
10:1 -10%
20:1 -5%

Next in the series will be Prop bets on the capture of London and China joining EDEN. Request odds now, I will never risk more Gold then I have.