Sports betting. How Does It Work?

Odds and Probability in Sports Bets A very simple calculation allows you to establish the relationship between the rating and the probability. Let's use the example below. The proposed odds for the Carolina Hurricanes to win are -140 (1.71). The proposed win for the Toronto Maple Leafs is +110 (or 2.10). Knowing that:  Rating = 1 / Probability and Probability = 1 / RatingThere is a 5...