WHY TAKE THIS COURSE
Introduction to sportsbook trading, odds creation, and price management in modern betting markets
This course is designed for professionals working within the online gambling and sportsbook industry who require a foundational understanding of sportsbook trading and odds creation. It is particularly suitable for junior or trainee traders at the early stages of their careers, as well as sportsbook personnel who do not work directly in trading roles but interact with trading outputs and decisions.
The course is also relevant for staff working in risk, compliance, integrity, payments, customer operations, and commercial functions who need to understand how odds are formed, how prices change, and how betting activity influences trading decisions. No prior experience in trading or advanced mathematical knowledge is required.
The content is delivered at an introductory level and focuses on practical understanding of trading concepts, terminology, and decision-making processes commonly used within modern sportsbook operations.
This course includes:
- Fundamentals of probability and expected outcomes in sportsbook markets
- How probabilities are converted into betting odds
- Application of margin and overround in odds pricing
- How odds change in response to information and market activity
- Differences between recreational and informed betting behaviour
- Trader responses to sharp action and arbitrage
- The role of betting exchanges and global markets in price formation
- How market efficiency increases as events approach start time
Classroom