Sports betting

In this lesson students will take ownership of a gambling organisation. They will look at long term statistics of various sporting matches to set the initial odds and then monitor live betting to adjust the odds they are offering gamblers, in order to demonstrate how sports betting organisations guarantee they always make a profit. Finally, they will consider ways to make their gambling organisation more appealing to gamblers by critically analysing the marketing ploys of real sports betting organisations. The lesson is outlined in detail including NSW curriculum links, learning intentions, discussion points, materials required, student handouts, tables of data, student and teacher reflection points. This lesson is part of the GambleAware program from the Office of Responsible Gambling, Department of Enterprise, Investment and Trade, NSW Government.