Ronald Yates

With beginner and intermediate bettors in mind, this workshop will examine some of the ways in which
sporting events can be wagered upon, as well as the associated odds, probabilities, and expected values. Activities that allow participants to experiment with wagering will be included.

The workshop will open with a discussion of how to properly make a wager and how point spreads are established, then move into a discussion of straight bets on sides or totals. True odds, payouts and expected value will be examined. Probability, odds and expected value are topics that are covered in a variety of courses, including Liberal Arts Mathematics, Finite Mathematics, and Math for Elementary Teachers. This presentation will provide faculty with another area in which these topics can be explored.

Both Ronald and Patrick teach at the College of Southern Nevada and both admit to having a first-hand knowledge of sports wagering and gaming. Their workshop promises to be both entertaining and educational.