Eurovision Mania #3 Top 5 by odds
Hello friends! Spring is starting to make its appearance here in the UK, meaning that Eurovision month is getting closer! All the countries have now released their songs, and with the newest entries Eurovision starts to look really exciting this year. In this post I decided to talk about the top 5 songs by odds that are the favorites to win this year's contest. But firstly I will introduce you to how the odds work so you can get a better understanding. Make a brew and let's go☕ How do odds work? Odd is the probability of an event happening (in our case a country winning the ESC). The higher the odd, the less likely the country will win the competition. The lower the odd, the most likely this country will win the contest. There are 3 different factors that can influence the odds: Betting trends: Bookmakers constantly analyse which participants their customers place their bets on. If a lot of customers bet on a specific song, it is a hint that this song is considered to be good....