Odds

Odds are a numerical expression, typically expressed as a pair of numbers, used in both statistics and gambling. In statistics, the chances for or chances of some occasion reflect the likelihood that the event will take place, while chances contrary reflect the likelihood that it will not. In gambling, the odds are the proportion of…

How Sports Betting Works

In this article I offer an summary of how sports betting works. If you are already familiar with the fundamentals I propose instead reading How to Become a Winning Sports Bettor. For everyone else, on this page I describe gambling odds, wager types and how to calculate payouts. I also offer a quick introduction to…

Horse Racing Betting in Canada

Horse racing remains one of the most well-known sports to the gambling community and in some parts of the world, it is second only to soccer concerning the money wagered across a calendar year. In Canada, it is possible to wager on horse racing with one of those authorised sportsbooks and it retains a huge…