I’ve been thinking about this for a while whenever I check the lines in different sportsbooks. We all see odds move up and down before a game, but the real question is, are those numbers actually showing the true probability of the outcome, or are they just being adjusted so the bookmaker balances the action on both sides?
For example, if a team is priced at 1.90, does that really mean they have a 52.6% chance of winning? Or is it more about the book trying to spread money evenly so they lock in a profit no matter the result?
for odds converter, I'm using this i found in the internet
https://www.aceodds.com/bet-calculator/odds-converter.htmlFor sure odds show possibility about how a game might end though the result might sometimes not end in Favour of the odd. When a team is give a lesser odd it shows it have more advantage or player quality to win the match than the other team but at the end it football and it very unpredictable.
We have seen a team with over 20 off beaten a team with 1.15 odd, the odds are set according to the quality each team possess, or their Head to head result over the years or even key players being injured, then above all home advantage. All these are things they look into before setting the odd. I also have sit and thought about this but at the end it how it should be.
So the answer is the odds reflect on the reality of the game but Does not always dictate the result the results at the end because it football and you can never predict the outcome.