Why Do the Diamond Exchange Id Odds Fluctuate?

The most basic explanation is that the bookmaker such as Diamond Exchange Id must take action on both sides in order to make a profit.

Assume that:

Team A has odds of -1.40. You will bet 140 to win 100.

The odds for Team B are +120. You'll bet $100 to win $120.

Assume two persons place a wager, one for 140 on Team A and the other for 100 on Team B.

Assume Team B loses (they were, after all, the underdog). As a result, the bookie takes 100 from him.

However, he must still pay out the man who bet on Team A. He owes him one hundred dollars. He eventually makes a profit on this game.

The bookmaker may suffer a severe loss if the action was too heavy on Team B. And it does occur.

However, if the bookmaker notices too much movement on Team B, he will modify the odds to encourage more action on Team A.

That way, he won't get too far down the rabbit hole (ideally not at all).

Of course, if the game had ended differently, the bookmaker would have received 140 from Team A. Then he'd have to pay 100 to the person who bet on Team B, resulting in a +40 profit (to the bookie).

The bookie's goal is to have more days where he makes a profit than days when he breaks even or loses…just like you.