Whois & Analysis for thespread.com

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.

Statistics is a branch of mathematics dealing with the collection, analysis, interpretation, presentation, and organization of data.

In applying statistics to, e.g., a scientific, industrial, or social problem, it is conventional to begin with a statistical population or a statistical model process to be studied.

Populations can be diverse topics such as "all people living in a country" or "every atom composing a crystal".

Statistics deals with all aspects of data including the planning of data collection in terms of the design of surveys and experiments.

Information is that which informs.

In other words, it is the answer to a question of some kind.

It is thus related to data and knowledge, as data represents values attributed to parameters, and knowledge signifies understanding of real things or abstract concepts.

As it regards data, the information's existence is not necessarily coupled to an observer (it exists beyond an event horizon, for example), while in the case of knowledge, the information requires a cognitive observer.

Spread betting is any of various types of wagering on the outcome of an event where the pay-off is based on the accuracy of the wager, rather than a simple "win or lose" outcome, such as fixed-odds (or money-line) betting or parimutuel betting.

A spread is a range of outcomes and the bet is whether the outcome will be above or below the spread.

Spread betting has been a major growth market in the UK in recent years, with the number of gamblers heading towards one million.

Financial spread betting (see below) can carry a high level of risk if there is no "stop".

In the UK, spread betting is regulated by the Financial Conduct Authority rather than the Gambling Commission.

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.