Whois & Analysis for oddsportal.com

Gambling is the of money or something of value (referred to as "the stakes") on an event with an uncertain outcome with the primary intent of winning money and/or material goods.

Gambling thus requires three elements be present: consideration, chance and prize.

The outcome of the is often immediate, such as a single roll of dice, a spin of a roulette wheel, or a horse crossing the finish line, but longer time frames are also common, allowing wagers on the outcome of a future sports contest or even an entire sports season.

Sports betting is the activity of predicting sports results and placing a wager on the outcome.

The frequency of sports bet upon varies by culture, with the vast majority of bets being placed on association football, American football, basketball, baseball, hockey, mixed martial arts, track cycling, and boxing at both the amateur and professional levels.

Sports betting can also extend to non-athletic events, such as reality show contests and political elections, and non-human contests such as horse racing, greyhound racing and illegal, underground dog fighting.

A bookmaker, bookie, or turf accountant is an organization that, or a person who, takes bets on sporting and other events at agreed-upon odds.

Odds are a numerical expression, usually expressed as a pair of numbers, used in both gambling and statistics.

In statistics, the odds for or odds of some event reflect the likelihood that the event will take place, while odds against reflect the likelihood that it will not.

In gambling, the odds are the ratio of payoff to stake, and do not necessarily reflect exactly the probabilities.

Odds are expressed in several ways (see below), and sometimes the term is used incorrectly to mean simply the probability of an event.

Conventionally, gambling odds are expressed in the form "X to Y", where X and Y are numbers, and it is implied that the odds are odds against the event on which the gambler is considering wagering.

In both gambling and statistics, the 'odds' are a numerical expression of the likelihood of some possible event.