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ERIC Number: EJ588633
Record Type: Journal
Publication Date: 1999
Pages: N/A
Abstractor: N/A
Reference Count: N/A
ISSN: ISSN-0268-3679
How Bookmakers Create Their Odds.
Fletcher, M.
Teaching Mathematics and Its Applications, v18 n1 p12-14 Mar 1999
Describes how bookmakers calculate the betting odds on each of the horses in a race. Explains how the theory of probability is related to oddsmaking. (Author/WRM)
Publication Type: Guides - Classroom - Teacher; Journal Articles
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A