Betting Odds Pick the Winner at BetLM

Betting Odds Pick the Winner

The bet­ting odds are estab­lished by expert odd­s­mak­ers who yield the chances of a par­tic­u­lar result hap­pen­ing. These are derived in math­e­matic com­pu­ta­tions. The begin­ner in sports­book invest­ing accord­ing to the bet­ting odds should bet sim­ple straight bets until an advanced degree of bet­ting sophis­ti­ca­tion and acu­men has been reached.

Bet­ting odds have always been a part of the human con­di­tion. From the ori­gin of the world, humans always wres­tled with ques­tions and queries regard­ing the chances that a cer­tain hap­pen­ing could occur. What were the odds that Adam would bite a piece of the for­bid­den fruit offered to him by Eve? What were the chances that the Greek and Roman Empires would fall? What was the over/under line on the num­ber of stab wounds suf­fered by Julius Cae­sar? What were the bet­ting odds that Marie Antoinette would be beheaded dur­ing French Rev­o­lu­tion time? What were the bet­ting odds that King Henry VIII would marry eight times? What were the bet­ting odds that the North would win the Civil War? What were the bet­ting odds that Cas­sius Clay (aka Mohammed Ali) would upset Sonny Lis­ton for the Heavy­weight Cham­pi­onship of the World in Feb­ru­ary, 1964? What were the bet­ting odds that the New York Mets would be Major League Base­ball Cham­pi­ons in 1969? What were the bet­ting odds that Italy would win the World Cup of Soc­cer in 2006?

There is a pat­tern to the world we live in today. It’s the same pat­tern that has been around since man first inhab­ited the earth. Peo­ple have always been fas­ci­nated with spec­u­lat­ing the chances, or odds, of a par­tic­u­lar event or hap­pen­stance occur­ring. In the sports world, these are called bet­ting odds. Sport­ing events have been wager­ing since the days of the char­iot races back in good old Rome. These bet­ting odds, set by mas­ters of their craft com­monly known as odd­s­mak­ers, are the barom­e­ters by which all bets are regarded.

From a ped­a­gog­i­cal per­spec­tive, let’s look at the upcom­ing 3rd race from Delaware Race­track. Here is the field:

1. Gad­get 8–1
2. Kib­b­itz 8–1
3. Charlotte’s Di 3–1
4. Pretty One 6–1
5. Casey’s Irish Pride 4–1
6. Utter Plea­sure 10–1
7. Lax­ina 2–1

All the odds will change from this morn­ing line when the big money rolls in just before the start of the race. A begin­ner should just pick the winner—Laxina $10 to win!

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