I want to ask how the odds work? Because I got curious about the odds of Manny Pacquiao vs Keith Thurman (boxing)
-Why the odds spike too huge changes? It is normal?
When there's a big movement in the odds it means most sports bettors are putting their money on a team or player. Sometimes there could be an injury on a player that causes these movements. It's normal to see the odds in this match move towards Pacquiao since he has more fights recently than Thurman.
In Cryptocurrency Coins prices, the Coinmarketcap(cryptocurrency market analysis) gathers the data to each of every exchanges that they've recognized then sums up and gets it average so just like in Sportbet.io it also tracks the average data to which these odds in favor to, you can compare it to other sports betting that they've almost the same.
Manny Pacquiao is a more experienced boxer than Keith Thurman and he's a small favorite.