The gaming industry is booming today and has even become a pillar industry in some countries or regions. Many of you have already known that the odds shown on the chart is calculated by the actuary employed by the company. So what do these "smart people" usually do? How do they analyze the data?
The main thing that football traders do is to attract players to bet and adjust the odds so that the company can achieve a certain profit. The dealer is usually not afraid of players who win too much, they are more worried if players do not place their bets, because the company makes money from the spread. So why do the odds keep changing, because the odds change along with the situation of the event, and what the trader should do is to make the odds of the two sides reach a balance, so that the company will not be at a disadvantage.
Some companies do not have professional analysts, but they all need to have the basic knowledge. In addition to being proficient in mathematics, real traders also understand psychology, since they also take into account the psychological factors of players. To analyze the accurate probability, it is necessary to take into account the strengths of the two sides, the situation of injuries and stoppages, the strategies and fighting spirit of both sides, the venue and the weather, and other complex factors must be taken into consideration before a reasonable judgment can be made. Of course, this is not a task that can be accomplished by an individual, but requires the cooperation of an efficient team! Many people will think that the trader is mysterious and professional, but in fact, these people are fans just like everyone else, specializing in the study of the ball and making it a business.
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