How does the point spread work and how are the odds (often around 11 to 10) determined for each side of the spread?
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what is 11 10 odds
- How can you determine if 11 to 10 odds represent a fair price? What statistical methods are used to calculate implied probabilities from odds like 11 to 10?
- Are there certain periods of the season where fatigue or travel might be a more significant factor?
- What factors would influence this calculation? What is the relationship between the odds offered by a bookmaker and the amount of money being bet on each outcome?
- Can you explain the concept of overround in betting markets using 11 to 10 odds as an example? How do betting exchanges work with odds like 11 to 10?
- What does the negative sign in American odds indicate?
- Do sharp bettors typically target markets with smaller betting limits or less liquidity?
- What percentage of your bankroll should you typically risk on a single bet?
- If an urn contains 11 red balls and 10 blue balls, what are the odds of drawing a red ball?
- What are the increased risks and potential rewards associated with parlay betting compared to single bets at odds like 11 to 10?
- What is the law of large numbers and how does it apply to betting at fixed odds?
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