We both lost the bet

. Flamengo have scored two goal and won the match. BTW, chance of happening tie was 1% while I placed the bet. With the lowest chance I was able to place bet of 0.001 mBTC. That winning percentage changed after my bet. As a result the outcome odds become lower. And you had to place your bet on higher winning chance than me. Moreover, minimum winning amount is 0.1 mBTC at every bet. In that case, minimum 0.003 mBTC bet was required to have 0.1 mBTC winning outcome.
Even though you lost, I think you made a great bet there. The trick I think is to find anything where you think the odds that are offered are unrealistic, and then bet accordingly. If you keep betting on events that say 1% chance but the actual chance is more like maybe 5%, then after some time you should make a considerable profit.
It's like bitcoin price movements, really. There will be considerable fluctuations from one moment to the next, one event to the next... but over time it should average out in your favour.
I've taken your route with my bet today. The odds for a tie in Leipzig vs Augsburg is 1%. Ausgburg have been quite poor recently, but Leipzig have been patchy too. Got to be worth a go.
You mentioned about odds changing - this also happens as you scale your bet up.
I bet 1 with potential winnings of 466. If I'd gone to the maximum of betting 100, the potential winnings are only 1000... so bet 100x more for chance of 2x reward. In this case, the lower bet makes more sense.
