I have just started to gamble small amounts of money into football betting, and it intrigues me how betting odds are determined, and which matches are selected in their "enhanced betting selections":-
So which of the following statements are true...;-
1. Odds are a good reflection of current form/expected result.
2. Odds are manipulated, or matches are chosen to entice the punter to put money on a particular selection where the expected result does not reflect the betting odds for each outcome.
3. Matches are chosen and enhanced to entice the punter to put money on a particular selection where the predicted result is particularly uncertain.
4. Betting odds reflect only the amount of money put on a particular outcome and should not be used as a measure of form or probability.
I hope people have an insight into what goes on.... and hope it will be an interesting discussion! :D
So which of the following statements are true...;-
1. Odds are a good reflection of current form/expected result.
2. Odds are manipulated, or matches are chosen to entice the punter to put money on a particular selection where the expected result does not reflect the betting odds for each outcome.
3. Matches are chosen and enhanced to entice the punter to put money on a particular selection where the predicted result is particularly uncertain.
4. Betting odds reflect only the amount of money put on a particular outcome and should not be used as a measure of form or probability.
I hope people have an insight into what goes on.... and hope it will be an interesting discussion! :D
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