Odds not only show the potential return of each option but also reflect the overall judgment and confidence of market participants regarding the event outcome.
By monitoring changes in odds, you can understand market trends and public expectations, enabling you to make more rational betting decisions.
Practical methods:
Observe Market Movements
When the odds of an option drop rapidly, it indicates that more people believe this outcome is likely to occur; conversely, rising odds mean the market sees the outcome as less likely.
Adjust Betting Strategy
Beginners can decide whether to follow or bet against the trend based on odds changes. For example, if the odds drop significantly, it suggests market stability, and you may follow with a small amount; if the odds suddenly rise, it could be an opportunity or market sentiment fluctuation, so judge cautiously.
Combine With Your Analysis
Do not blindly bet based solely on odds. Combine your event analysis, news information, and market data to form your own judgment.
💡 Tip:
It is recommended for beginners to observe the odds for a while before placing a bet to understand market dynamics.
Recording the relationship between odds changes and results can help accumulate experience and improve the accuracy of future predictions.