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Las Vegas Odds Football  Form

Las Vegas Odds Football Form

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Instructions and help about las vegas football spreads

sports betting is big business in America and no event is larger for American Sports than the Super Bowl the amount of money gambled in Nevada's legal sports book has grown steadily over time passing the $100 million Mark in 2014 and that's to say nothing about the millions of dollars that informally change hands in offics or neighborhood bars at an official sports book winning a bet isn't as simple as just picking one team over the other bets are based on odds odds that relate to the likelihood Ood of an event happening but who sets these odds and how do they make their calculations this is algorithmics the space where we explore how invisible computer controlled database sets of rules are making decisions for us every day a sports bookmaker is essentially a risk analyst it's their job to come up with the realistic probability of an event occurring and translate those probabilities into odds which then determine the cash payout for a correct bet usually

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