How Bookmakers Make Money
Автор: RandomMathsInc
Загружено: 2016-07-24
Просмотров: 148838
We look at how bookmakers set their odds so that they would make money off the bettors.
A bit more on decimal and fractional odds: https://support.skybet.com/app/answer...
If you're too lazy to watch the whole thing, you can go to;
0:00 for dice analogy (introduction),
1:53 for dice analogy (trying to make money),
3:08 for dice analogy (adjusting odds),
7:12 for start on part about bookmakers,
9:20 for implied probability and over-rounding, and
13:25 for why bookmakers have to adjust odds.
Sources I used:
https://en.wikipedia.org/wiki/Mathema...
http://www.pinnacle.com/en/betting-ar...
http://www.oddsportal.com (where I took sports odds from)
http://www.mirror.co.uk/sport/row-zed...
https://en.wikipedia.org/wiki/2015%E2...
Доступные форматы для скачивания:
Скачать видео mp4
-
Информация по загрузке:
