Bookmakers employ odds compilers to live, eat, sleep and drink sports so that they can predict with a good degree of certainty the probability of certain events happening. Win, lose, draw, goals, corners, trys, sets, and the list goes on… and on.
Posts Tagged ‘value betting’
Fixed odds betting, what’s it worth?
What’s the worth of a fixed odds bet? To grasp this concept it is good to have an understanding of probabilities and odds. You don’t need to be a maths professor but it would help to learn a little about probabilities. Odds are only a numerical representation the probability of an event.
