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.htmlI calculate in another way. I calculate risks. It means what odd would be enough for me to risk on this event. So i don`t need to care about win chances, watch how much gamblers bet on one team, etc.
PS. Make your own analyze and don`t think about win chances. You have your own analyze, your own result, follow it.