👋🏻 Hey guys! In today’s video, I explain how betting odds work. This video goes over the maths behind betting odds and covers American, Decimal and Fractional odds. Then I explain how to convert odds to probabilities and how to use a betting exchange to find the fair odds. Overall, this is a great getting started guide for beginners or a sports betting odds 101.
🏆 🏆 For those looking to learn more about the specific strategies I used myself to make over $50000 profit from bookmakers using profitable betting strategies, then you can check out my sports betting course over on my website at:
AUS/NZ:
USA/Canada:
If you enjoy this video and want to see more about mathematical sports betting, money or university life, please leave a comment down below saying what you would like to see next and any new video ideas are always appreciated!
🙋🏻 Who am I?
My name is Shane and I am an Australian Engineering and Commerce graduate from The University of Sydney and will be becoming a full time quantitative trader soon. This channel is dedicated to mathematics, arbitrage sports betting, and personal finance. I hope you can find this useful! Enjoy!
Website:
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⚠️ DISCLAIMER: This video is not gambling/ investment advice – while the strategies and math I teach and the tools recommended will provide an advantage, there is still user error and luck involved when it comes to betting which can lead to losses. These videos are for educational purposes only and I am not guaranteeing any gains or losses from using the betting methods I talk about.
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🏆 🏆 For those who do want to learn the trade and make money betting yourselves (like a pro trader), then you can check out my 5 – part sports betting course over on my website at:
Australia/NZ: https://shanehuang.com.au/course/
USA/Canada: https://arbitragecamp.com/usa-course/
American odds are so confusing
Good!
Great video brother ❤❤❤
3 different rickets
what does it mean, if my parley ticket says .. pk or -3-110 or +300?
Please do video on the mah used at a slightly slower rate.
I didn't understand something, in American odds we have +333 which represent the profit you will make if you risk $100 but what about -125? it doesn't make sense because you will risk $125 to win $100 which will result in total payout of $225, and that doesn't match the decimal result which says that if you risk $100 you will get $80 in profit which result in a total payout of $180 !!! any explanation ???
okay
Is there any way to beat the bookies with their own odds? Calculating true odds using only their probability?
iron your clothes brother
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If you Predict the betting its still you cannot find who will gonna win. No man can understand what future lies ahead