he had sung in the streaming room), earning him $2 million.
But money was something great. In this parallel world, the prices of real estates were shockingly expensive.
$2 million wasn"t even enough to buy a slightly larger house in a first-tier city.
Earlier on, Xiao Ran had a flash of inspiration when he thought about the match tomorrow and recalled about his previous world"s external betting…
There was a method to earn money.
After ending the phone call, Xiao Ran sneakily logged into an external betting website that he knew of in the previous world.
In simple terms, external betting were gambling websites that were outside of China.
Furthermore, there were plenty of methods to gamble in external betting.
Take soccer for example.
There were plenty of regulated soccer betting within China. If China was playing against Korea, one could bet on China to win, draw, or Korea to win. One could even bet the exact score or the total goals in a full match.
But all the bets had to be placed before the match.
For illegal betting, one could bet in live betting (There are plenty of illegal betting within the country too but Xiao Ran doesn"t know, hence, he only thought about external betting).
Live betting was also known as handicap betting. It was to accept bets halfway through the matches, or for the superior team to offer a handicap before betting either team to win.
There were plenty of different handicap betting methods.
In the previous world, Xiao Ran loved to bet if there would be any goals within the first 15 minutes or half-time.
The rules for the bet of goal within 15 minutes were very simple.
The banker would open the bets before the match.
The betting conditions would be…
Goal within 15 minutes: Opening — 14:59 (Bigger or Smaller).
Bigger: 0.5, Payout: 3.00
Smaller: 0.5, Payout: 1.30
If the payout was 2.00, it would mean if you bought $1000 and won, you would win $2000.
If you bought Bigger: 0.5 for the goal within 15 minutes, then within the first 15 minute of the match, if any team scored a goal, it would mean the bet was a win, also known as a red ticket.
If neither team scored any goal within the first 15 minutes, it would mean the bet was a loss, also known as black ticket.
Of course, the payout rate would change according to the timing.
If after the first 10 minutes, both teams didn"t score any goal, the payout for Bigger: 0.5 would increase to 4.00.
If you placed a bet of $1000 and one of the teams scored within 5 minutes, you would win $4000.
It would also mean 4 times!!!
When the match reached the 16 minute mark, the banker would open up a new bet condition.
Goal within 15 minutes: 15:00 — 29:59 (Bigger or Smaller).
The payout rate would depend on the teams" performance for the first 15 minutes.
Another kind of bet that Xiao Ran was familiar with would be a goal before half-time.
Goal: Bigger or Smaller — Half-time.
Bigger: 0.5/1, Payout: 2.00; 0.5, Payout 1.63
For Bigger: 0.5/1, if you bought $1000 and both teams didn"t score before the half-time, you lost.
If there was a total of one goal before the half time, you would lose half, and that would be losing $500.
If the total goal was more than two goals before half-time, you won.
It also meant that if you bet $1000, you would win $1000 with the payout of 2.00.
If you bought Bigger: 0.5, if there were no goals before half-time, you lost.
If there was more than one goal before half-tme, you won.
According to the payout of 1.63, with a bet of $1000, you would win $630.
This was live betting and during the match, there would be unlimited live betting.
The main reason Xiao Ran chose illegal betting websites because there was the Esports segment.
If it was a Bo3 match, the bets would be according to the teams" strength.
The handicap betting was simple. Take the match between EDG and Saint Gaming for example.
If they played a Bo3, they would surely set the handicap of EDG – 1.5 and the payout rate wouldn"t be more than 0.5.
If you bought EDG – 1.5, then EDG would need to win by 2:0 in order to count.
Apart from the handicap betting, there would be conditions like [First Match: Winner], [First Match: Player to get First Blood], [First Match: Team to reach 5 kills first], [First Match: Duration], etc.
For the S6 World Championship, during the first round robin of the group stage, when EDG was against ANX, the payout was set at 1.02:11.13.
It also meant that if you bought $1000 for EDG to win, you would only win $20.
But if you bought $1000 for ANX to win, you would win over $10,000!!!
After opening the illegal betting website, Xiao Ran looked for the [Esports] segment and clicked [League of Legends].
As expected, the payout rates for the matches tomorrow had already been set.
JAY Team was playing against WYD tomorrow.
The payout for WYD was 1.29 while the payout for JAY Team was 3.60.
Xiao Ran was extremely speechless.
He was the no.1 ranker in Challenger tier and this was already reported.
Why would the banker still dare to set such a high payout rate?
Were they underestimating him?
With the payout rate of 3.60, if Xiao Ran betted $10,000, he would win $26,000.
What if he betted $2 million?
He would win $5.2 million.
When Xiao Ran saw the payout rate, he revealed a sneer.
Banker oh banker, since you look down on me, then don"t blame me for being ruthless.
This time, you are going to suffer a huge loss.
Xiao Ran had used his parents" ident.i.ties to register two accounts and deposited the money into both accounts.
Xiao Ran was feeling rather excited now.
This was the first time he had made such a huge bet and was inevitably apprehensive.
Subsequently, he started to make his bets.
In the previous world, Esports was a small market, hence, the banker could only take in limited bets and the payout rate would change according to each bet.
But in this parallel world, Esports was already in the Olympic Events and was approved by most of the people. Hence, there were plenty of people placing bets on the Esports segment.
The banker could only accept a maximum bet of $100,000 for each bet.
Xiao Ran didn"t hesitate and chose the JAY Team to win. He then placed his bet with the payout rate of 3.60.
Immediately after, he placed another $100,000 bet.
Three bets, four bets, five bets…
When he placed eleven bets, the payout rate changed. The payout rate for JAY Team to win had changed from 3.60 to 3.46.
It seemed like his bets had already broken the balance between the two teams and the bank had altered the payout rate.
Subsequently, with each bet, the banker would lower the payout rate for JAY Team to win.
At the 20th bet, the payout rate was already at a pitiful 2.98.
But even if that was the case, Xiao Ran would be able to win $5 million.
When Xiao Ran finished betting, his hands were trembling with excitement.
This is G.o.d d.a.m.n satisfying!
This was how rich people played! What a huge bet!
Next up, it would be up to his debut tomorrow.
< =="=">> Chapter 62