How to read the odds to understand the current US election scenario? What is the story behind each number and each market on the platform?

These questions were clarified by Betfair, the world leader in online betting, in an exclusive webinar for Brazilian journalists this Wednesday (9), where it presented how the odds and betting markets work within the Betfair platform, all so that journalists can write about the dynamics of betting on the US elections.

In Betfair Explains – American Politics, journalists received information on how percentage calculations work and what numbers mean, how these “odds” are calculated, in addition to revealing vocabulary and strategies from the betting world that can also be useful when constructing their stories for the mainstream media.

In addition, for the first time, Betfair showed more information from its Betting Exchange platform, where global bettors have already predicted the results of 22 of the last 24 major elections spread across the world, defining their own odds and betting against each other, like on a stock exchange.

The webinar was hosted by Brazilian Betfair analysts who work in London and Dublin. With them, journalists and Betfair representatives exchanged experiences and information, and helped the press present to learn new perspectives and answer all their questions on the topic, which is currently of national interest.

For more information, contact [email protected].

One of the world’s largest online sports betting providers, Betfair is the official sponsor of the Cruzeiro and Vasco da Gama football teams. The company, founded in London in 2000, pioneered the peer-to-peer betting offering (Betfair Exchange) and manages a full range of sports betting, entertainment events and online gaming products for over four million customers aged 18 and over worldwide.

Thanks to its cutting-edge technology, the platform offers a wide range of products that allow you to bet with your own odds and odds offered by other users. Betfair is licensed to operate online betting and other games in 19 countries, including Spain, Italy, Malta and Great Britain.

Source: GMB