Beginner
Odds → Margin → Legal baseline. Focus on foundational language and compliance awareness.
Use this page as a structured reading map for betting market mechanics: odds, margin, value, bankroll, risk, ROI, and EU legal context.
1) Topic tracker: tick a topic after you read it. The progress bar updates automatically.
2) Topic map: shows a recommended order if you do not know where to start.
3) Topic clusters: fast links between related pages (odds, margin, EV, risk, legal).
4) Self-check: optional mini quiz to quickly test core concepts.
Nothing is sent to a server. Checkmarks and quiz score are stored only in your browser (localStorage) on this device.
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Odds → Margin → Legal baseline. Focus on foundational language and compliance awareness.
Value/EV → Bankroll. Move from concepts to controlled decision frameworks.
Risk frameworks → Kelly → ROI interpretation with sample-size discipline.
~7 hours of reading plus optional practice with informational calculators.
How odds are calculated: Odds and Margin
Value and expected return: Value & EV and ROI analytics
Capital and risk controls: Bankroll, Risk management, and Kelly criterion
Regulatory context: Legal in EU