It’s misleading to call it betting odds when the graph shows “chance of wining.”
With low chance you get high odds, so the numbers are the exact opposite for chance vs odds.
The chart is the betting-implied probability (=1/the odds). There’s a direct relationship between the two. I reckon most people would understand this given the chart of clearly labelled as the probability.
It’s misleading to call it betting odds when the graph shows “chance of wining.”
With low chance you get high odds, so the numbers are the exact opposite for chance vs odds.
The chart is the betting-implied probability (=1/the odds). There’s a direct relationship between the two. I reckon most people would understand this given the chart of clearly labelled as the probability.