Ask HN: How Can I Learn to Analyze Sports Statistics and Calculate Odds?

Parimutuel vs house odds is probably a good start in seeing how odds change in different types of markets. Monte Carlo simulations will be useful in coming up with your own tissue odds. Then it is the matter of backtesting and comparing your derived odds versus the books' by looking at things like Closing Line Value, Margin of Error and Return on Investment.

For data, check out Kaggle. Learn how to scrape and circumvent platforms like PerimeterX, Recaptcha and Cloudflare. There are dozens of sites that provide historical odds data, even more basic sports statistic data.