William Seale Company was the most famous and top-notch spinach company in Europe and even the world. They were also the founder of the modern spinach industry and ranked number one in the industry.
Early this morning, their branch in Nanyang had received many bets. The World Cup had just ended, and the most popular event now was the men's basketball world championship. Every major sporting event was their most profitable period.
Of course, they also started their spinach business for other sporting events. For example, every Olympic Games, they would also make a lot of money.
Also, for major sporting events such as tennis and badminton, they would do some publicity and take the opportunity to make money.
Moreover, they also had a very strong point, which was that they could bet on anything with the company. For example, there was once an eighty-year-old woman who claimed that she could live past ninety years old. Their company specially opened a bet with the old woman. After measuring the old woman's health, surrounding environment, relatives, and so on, they gave the old woman a high odds.
In the end, the old woman actually won, and they lost a lot of money. But they used this as publicity to prove how fair their company was and how extensive their business was. From there, they attracted more customers to place bets.
The Chinese person in charge of the company, Lin Yongfeng, looked at the strings of numbers on the computer screen and smiled widely.
Suddenly, he saw a string of red words. This would only appear if there was a bet of more than one million USD. Which fan is this? Which team did he bet on?
Wait a minute, why is it not an American fan but Hua Xia? And why is it five million USD?
Basketball's influence was not as big as football. This was because football had one advantage over basketball. There were no restrictions on the playing field. Basketball always required a hard and flat court, and it also required a basketball rack. In football, two water bottles or even two stones could be used to set up a goal.
However, they did not receive such a big bet in this year's World Cup, but it appeared in the men's basketball world championship!
At this moment, someone knocked on his office door. "Director Lin, we just received a big bet of five million USD on Hua Xia entering the top four in this year's men's basketball world championship."
"What were our odds before?"
"According to our previous calculations, Hua Xia's team has an 83.2% chance of entering the top eight, but only a 3.05% chance of entering the top four, so the odds are very high at 1: 8.3."
The odds at Spinach Company were constantly being adjusted. Perhaps a minute ago, the odds were 1: 3, but a minute later, the odds could change to 1: 5, or even 1: 0.8.
This was based on the amount of bets and a variety of other factors. The algorithm was very complicated.
Of course, this was also a way to ensure that Spinach Company would always be profitable. Even if they lost a lot of money, they could adjust the odds in other areas to attract bettors and make money.
"Is this our highest bet of the day?"
"Yes, it's also the highest single bet in this year's men's basketball world championship. For the other teams, the highest bet is one million euros. "
"Very good. In that case, let's maintain our odds and increase our publicity. Let more people bet on Hua Xia's team. Also, get someone to investigate again to see if there were any changes to Hua Xia's team this time that caused their strength to soar or something. "
"Oh right, adjust the odds for Hua Xia's team to enter the top three and see if this person will continue to place bets."
Hmph, since you're stupid enough to give us money, there's no reason for us not to accept it. Hua Xia's team was the strongest in Asia, but in basketball, the European and American teams were generally stronger!
After making the arrangements, Lin Yongfeng went to pour a cup of coffee. He liked to grind coffee beans and brew his own coffee.
But before the coffee was ready, another subordinate knocked on the door and came in.
"Director Lin, there's another heavy bet on the Hua Xia men's team. They're also betting on Hua Xia's team to enter the top four."
"How much?"
"800 million yen!"
Lin Yongfeng's hands trembled. "800 million yen? You're talking about yen? What are the odds? "
"It's our adjusted odds of 1: 8.8."
Before Lin Yongfeng could decide, another person came in.
"Director Lin, there's another bet on Hua Xia's team entering the top four. This time, it's 10 million USD!"
Another 10 million USD?!
Were these people crazy? Who was on the Hua Xia team? Other than Yao Ming, who else was better?
Although they knew that many players on Hua Xia's team played in the NBA, they were all substitutes. Many of them couldn't even play in the game. How could such a team enter the top four?
Could it be that this year's Hua Xia team had a secret weapon? No, the name list had been confirmed long ago. There wasn't any particularly outstanding player.
"Director Lin, should we lower the odds? Once Hua Xia's team enters the top four, we'll have to pay out all the money we bet on this year's men's basketball world championship. There will definitely be some people who won, and we'll lose money!"
Director Lin hesitated for a long time and decided to play it safe. "Alright, lower the odds immediately. At the same time, promote the other teams and increase their odds."
"Also, why hasn't the investigation report on Hua Xia's team been delivered yet?!"
The subordinate was a little helpless. It had only been ten minutes. How could a complete investigation report be delivered so quickly?
While they were still investigating, there were a few more big bets placed on Hua Xia's team. They bet that Hua Xia's team would enter the finals, and some even bet that Hua Xia's team would win the championship.
Of course, these bets weren't as big as the bets for the top four, but they still exceeded 10 million USD.
More importantly, the odds were higher. If they won, then William Sear's company would have to pay out a sum that wouldn't be any less than what they would pay if Hua Xia's team entered the top four.
What was going on? Why were there so many big bets?
Shouldn't such big bets happen in the soccer world cup? Why was it so strange this year? There were so many bets on basketball?
If this was North America, this would be normal. After all, basketball was much more popular in North America than soccer.
But this was Asia. Shouldn't soccer be more popular? Could it be that Hua Xia's people had placed bets?
Lin Yongfeng arranged for people to check the betting accounts. They had placed bets directly from UBS's account to their company's spinach account. They were also one of the first spinach companies to start online betting.
This method brought in more customers and profits for the company. But Lin Yongfeng suddenly felt that the company was going to suffer a huge loss this time.
If the company were to pay out a few hundred million USD in one go, and it was all in this Nanyang branch, then as the person-in-charge of this Nanyang branch, he would be in big trouble!
The plan now was to quickly promote the other teams in the men's basketball world championship and let more people pay attention to this. Then they would place bets to reduce the risk.
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