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Odds are an accurate way of measuring the chances of events taking place based on how likely bookmakers think the outcome will be. Typically, higher odds indicate higher probabilities. But this doesn't always hold true: bookmakers may manipulate odds in order to cheat customers by either decreasing or raising odds for specific events, or providing different lines on various sports. Asian handicap explained Neds The article begins by tracing the historical evolution of technology in the betting industry, from early online platforms to the incorporation of artificial intelligence, machine learning, and virtual reality. We highlight key milestones and innovations that have defined the industry's tech-driven transformation.