February 14, 2012

Odds vs Betting

In my opinion, any self-respecting gambler must have good knowledge of Odds and Statistics. Since I have some knowledge in the area will try to make a presentation of the subject even in very simple terms. I am not saying that a good gambler has to master perfectly the theoretical probability and understand all the [...]

Odds

TABLE – Football – Portugal – Super League

ODDS – The Price of Probabilities! Today we’re going to talk about odds. What are odds? In basic terms, and from the gambler’s point of view, it is the value that Bookmakers pay out for each euro bet on a determined event.