What You Will Learn in This Stage
Types of Betting Odds Used in Bookmaker
The odds of a sporting event are calculated by the bookmaker based on a wide range of data.
Features of Betting Odds Formation in Bookmakers
Several groups of specialists are involved in the process of forming odds for sporting and other events.
Calculation Specifics of Betting Odds in Bookmakers
The calculation of coefficients in bookmakers is based on mathematical analysis, which operates on statistical data, determining the odds of one or another outcome of a sports event.
Reasons for Changing Betting Odds During a Match and How It Affects Bets?
When forming odds, bookmakers take into account numerous factors. One of the most important factors is the reaction of the players.
Types of Betting Odds: Final Test and Consolidate Knowledge
Reinforce your knowledge of betting odds by taking the final quiz in this module.