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Listed under: Mathematics > Statistics and probability > Probability

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Sports betting

TLF-IDA003658

In this lesson students will take ownership of a gambling organisation. They will look at long term statistics of various sporting matches to set the initial odds and then monitor live betting to adjust the odds they are offering gamblers, in order to demonstrate how sports betting organisations guarantee they always make ...

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Chances are!

TLF-IDA003523

Students calculate the sum of probabilities for a chance experiment and compare frequency predictions with actual data.