How Do Odds Work in Betting?

The term odds are very common when it comes to betting. You have most likely heard gamblers talk of betting odds or betting sites talk of odds. Odds measure the likelihood of an event to take place. They work in ratios or fractions to determine how likely an event is to take place. Different events have different likelihoods of occurring. Hence, the odds of it raining during winter are different from the odds of rain during spring.… Read more “How Do Odds Work in Betting?”