Title: Understanding Betting Odds and True Probability: A Deep Dive

"Write an informative and SEO-optimized blog post on the topic: 'What betting odds really say about true probability'.

The article should include:
- An introduction with a clear explanation of the topic
- An overview of the main approaches or solutions (divided by subheadings)
- A comparison of the advantages and disadvantages of each option
- Practical examples where appropriate
- Conclusion with a summary and recommendation or call to action

Length: 900–1100 words
Style: professionally explanatory, natural language, intended for average internet users.
If possible, provide specific citations or links to credible online sources (e.g., ministries, news websites, official statistics).
For citations, you can use the format 'Source: web address' or links in the text.
Do not use Markdown. Use plain text.
Use relevant keywords related to the topic of the article, naturally incorporate them into the headlines and text.
At the beginning and end of the article, mention the main keyword.
Focus on practical information that corresponds to what a user might actually search for when entering this topic into a search engine.
At the beginning, write the article's title as H1 (no more than 60 characters). Then continue with the article."