Thanks FASherman :D

http://en.wikipedia.org/wiki/Parimutuel

are the phrases hardcoded in this one?

how many queries does it add and where are they added?

can this be disabled/enabled per forum? how are you using this modification, enabled in all forums? hows the experience so far?

Its just a function:

IF (ODDS EQ PARAMUTUAL) THEN
ODDS ARE 1:(TOTAL BETS/BETS_THIS_OPTION)
ELSE
HOWEVER YOU DO IT NOW
ENDIF

installation went ok, there are some stuff in the intall.html you should remove, "installing vbookie/upload files/do code mods".

where does the money comes from, the house or from the others?

WOL for vbookie.php isnt set

any way you can add your little mod to it so the thread is only posted when the user finishes creating the event?

the posticon in the forum list is showing the poll image

the event poster cant edit his own event

when you edit an event all dates reset to the current day

"private bet" should have a <label>

Hmmmmm.... Don't think so. Done a lot of these, and I'm following the instructions to the letter. As soon as I put $vbookie_event in SHOWTHREAD and save, that error pops up.

@Dream

The Payouts are: Stake + Odds*Stake

Yes, WOL is missing - gonna add that asap.

I could hide the Thread until the Event is ready, yes.
Gona think about that.

The Posticon should show a Dollar sign, at least it does for me?

Event Poster cannot Edit own Event: Hmm, should work. Gonna test that.

Dates resetting could be caused by a Bug in RC1, if you use this.

@Biker_GA
Revert your SHOWTHREAD Template, and then try to make the changes.
If this still doesn't work, send me a PM with ACP Login.

surely real time odd's aren't possible without getting the odds from RSS feeds?

Fixed?

I don't think that was the request. He's not asking to have the current Vegas odds of the Patriots to win the 2006 Superbowl and update in realtime.
The request was to run an event as a paramutual event which means all of the data is internal.

This is pretty simple stuff. Lets say the Patriots are playing the Bengals and 100 people place bets. If all 100 bet $1 on the Patriots. then the odds are 1:1. You get back what you paid in, $1. Makes sense, right?

Lets say 99 bet on the Pats. One person bets on the Bengals. If the Pats win, those 99 get $1.01. The odds were 100:99.

However, if an "Any Given Sunday" miracle happens, the one person who bet on the Bengals at 100:1 odds gets $100 for his buck.

Payout is commensurate to risk.