Gambling Foundations And Beyond
Published 12/2025
MP4 | Video: h264, 1920x1080 | Audio: AAC, 44.1 KHz, 2 Ch
Language: English | Duration: 1h 26m | Size: 816 MB
What you'll learn
Why Betting Odds are used and how they relate to Probability.
The important concept of RTP in gambling and how to apply it.
How Odds, Probability and RTP connect beatuifully via a powerful but simple to use working framework
Understand how the House makes its edge.
To be aware of the important factors that can affect RTP
Requirements
No previous experience necessary. You will learn everything you to need to here.
Description
An easy to follow course to understand the fundamental concepts of gambling in around 1 hour.This course is designed to take a relaxed but informative look at the very heart of gambling, to understand the core concepts that underpin literally all popular gambling games.Specifically we´ll look at 1. The Odds - A natural place to start, to understand what they are, why they´re used and some of the different styles used around the world. 2. Probability - Which is related to the odds and is what the casino / sportsbook use to calculate the market odds. 3. RTP - Where the casino / sports controls it´s expected House Edge. 4. A Working Framework - that´s super easy to use. To enable you to navigate between the fundementals and understand how these important concepts relate.We´ll apply these principles to games such as dice and Roulette to help you understand the full life cycle in the production of game odds.By the end of this course you will have developed confidence to move seemlessy between the odds, probability, over round and RTP using the simlple but very powerful framework.This will empower you to not only know but to understand the numbers behind the games, which is essential knowledge for workers in the igaming / gambling sector.
Who this course is for
People working or looking to work in the gambling industry, who want to have a really thorough knowledge of the fundamentals. Also anyone curious about the principles of gambling.
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