Wholesale odds
From Wikipedia, the free encyclopedia
|
|
This article does not cite any references or sources. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. (August 2009) |
Wholesale Odds are the "real odds" or probability of an event occurring without any bookmakers profit margin, often referred to as a bookmakers "overround" or book price. The book price is effectively a measure of the competitiveness of the odds prices on offer.
A "Wholesale Odds" index is an index of the all the prices in a probabilistic market operating at 100% competitiveness and displayed without any profit margin factored for market participants.
| This gambling-related article is a stub. You can help Wikipedia by expanding it. |