Capítulo 114: Bet risk
Alexandre went to one of the many bookmarker kiosks, which are mainly used for basic bets such as "he'll win" or "he'll lose", while anyone wishing to place a more specific bet must first contact the bookmarker to create an option.
Alexandre arrived at one of the terminals, entered his own Pip-Boy number and validated the few general conditions submitted by the machine, Alexandre was rather reassured, the organization controlling betting in the arena seemed rather well supervised, Alexandre saw the current match "Spartan vs Iwo" being displayed, as well as all the scheduled matches, Alexandre was rather surprised, There didn't seem to be any more than that, only ten for the whole evening, so Alexandre got down to work and searched for "Chetan Ambani vs William Walton", he quickly saw the corresponding match, clicked on it and saw, as agreed, odds of "3" for William Walton, opposite Chetan Ambani's odds were 1.1, but the button seemed to be greyed out as if the possibility of betting had been deactivated.
Alexandre reflected, he had agreed with the arena manager to bet at least $20,000 on Chetan Ambani and with the negotiated odds of 3 that would mean $60,000 in winnings in the event of victory, but Alexandre had had an idea in mind all along, why limit himself to $20,000? After all, he still had $100,000 in his reserve account, money that was asleep and useless, and if he won with $100,000 he'd have $200,000 in winnings, which was an absolutely phenomenal sum for a normal person, Alexandre thought about the risks and weighed up the pros and cons, but he had a taste for risk, so he clicked on William Walton and the computer terminal asked him how much he wanted to bet. Without losing his cool, Alexandre indicated "$100,000" and then validated.
Suddenly, a red window appeared, reading "Are you sure you want to bet $100,000 on William Walton in the Chetan Ambani vs. William Walton duel?", Alexandre clicked on validate, the terminal now asked him to scan his thumb to validate the transaction, and after a few seconds of latency, he suddenly saw the following message: "Bet validated".
***
The bookmarker to whom Alexander had spoken ten minutes earlier was on his computer, he was delighted with his deal with Alexander, he knew that even if Chetan won the duel part of his winnings would be covered by Alexander's bet, he murmured "I wonder if he'll really put down $1,000?" suddenly a message in red appeared on his computer "A user has placed a bet on the Chetan Ambani vs William Walton match", the man murmured "Ah at last! I knew it was a good day!", he clicked on the message, suddenly he saw the following message: 'The user of Pip-Boy number X933-778 has bet $100,000 on William Walton,total potential winnings: $300,000'.
The bookmarker's heart clenched, his eyes became bloodshot, his breath caught, he closed his eyes before reopening them and rereading the message "Pip-Boy user number X933-778 has bet $100,000 on William Walton, potential winnings: $300,000", the confusion quickly turned to anger and then panic, the man became full of perspiration and muttered over and over again "What am I doing? What am I doing?"
The man probably thought that Alexandre would bet a few hundred or thousand dollars, which for the bookmarker was a very interesting rebalancing of the bets, even if Alexandre won, but the situation had become critical, because betting $100,000 with odds of 1.1 meant a potential net gain of $10,000 for Chetan Ambani, but betting $100,000 with odds of 3 meant a potential net gain of $200,000!
The bookmarker realized this immediately, and his first reflex was to try and have the bets cancelled, but it was too late. The AI, which controls the regularity of the bets and the possibility of fraud, considered the bets to be legitimate, especially since a bookmarker had unblocked the bets and manually placed odds of 3 on William Wlaton! Obviously, the bookmarker's main mistake was not to have capped the maximum amount of the possible bet, but putting so much money on a novice first-year candidate, against an arena veteran, was in itself extremely risky and unlikely
The bookmarker immediately understood that he had to intervene quickly to avoid his own bankruptcy.
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