It’s easy to think crypto sportsbooks just guess when setting betting odds especially when the lines seem too close to call. However, you’ll be surprised to learn that there’s nothing random about how they do it. Setting the odds takes data, timing, analysis and a deep understanding of how sports and bettors work. Basically, there’s […]
Tag:Betting Odds
Decoding The Most Established Odds Formats
Decoding the most established odds are the basis of any gambling, as they relate to chance, the probability of something occurring. They take center stage in sports betting, and over the past century, various formats have emerged that inform gamblers in different ways of the probability of something happening and how much they can profit […]