How Betting Odds Work? If you’re trying to understand the logic behind betting odds this video is the solution. Caan Berry explains how betting odds work in sport, what platforms are best and how you should be thinking about betting odds. It’s a key explainer if you’re a sports fan.
Don’t stop there though! There are more helpful tutorials and guides on the YouTube betting series link shared below:
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This video explains how do betting odds work for sports betting.
Vídeo Completo
I really like what you're doing. We need to spread the word about exchanges. Only the problem is in my country specifically on forums it's hard to talk to people about exchanges since people are so focussed on traditional bookmakers. Almost nobody seems to be interested in exchanges. It's so frustrating because they get mad when they're restricted or have bad value. It's not as popular as in the UK. I always explain the benefits of exchanges compared to bookmakers.
Thanks for the explanation!
how did you come up with cash-out price? between 4.0 and 3.5 ? how do you figure that out?
3:48 shouldn't the 2% be £9?
I thought this was a video explaining betting odds not an advertisement for a betting platform…
oh so this video is an ad
Still don’t get it
is it about prediction or maths guys help me
Is 5/4 greater than 2.0
How is 4/5 55%… that’d be 80%
you lost me at the 4:00 mark. why would the true price change for the same overall bet? how'd you calculate the 14.29# profit, then change it to 3.75 with a 6.67# cash out offer? any clarification would be great. thanks!
Caan what is your opinion on betting on football matches that AREN'T covered by any betting exchanges, only by a bookmaker? For example, sometimes I see matches that are offered by the Betfair sportsbook but NOT by their exchange. Should these matches be avoided?
Freaking love this, why go into something if you have no idea about it?!
Felt like I was back at school here, trying my damndest to keep up but still scratching my head with my mouth open😂 Ill keep trying👌🏼👌🏼
I didn’t understand
can someone explain to me the difference between payout and cashout and the double commission applied, I am not sure I get why the double commission is happening…
Gangerti bahasa nya
My dad was an old school penciled you know he recorded and worked out the odds but also had to adjust odds in relation to bets.
What you to amaze me is when there was a rush of punters 20+ people all wanting to bet at the same time and he would accurately work it all out including recording the bets.
Try it in real time I believe 9 out of 10 people would get it wrong . It really is an amazing skill. I can do it with adequate time but in practice there is no way. Hence I had a lot of respect for my dad!!!
nice1
You're a good man Caan, a true ledgend. Always informative and accurate. Top bloke
7 isn’t 2% of 450 lol it’s 9