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Online sports betting odds represent the probability of an event's outcome and determine potential payouts. They come in three main formats: decimal (e.g., 2.50), fractional (e.g., 5/2), and American (e.g., +150 or -200). Odds reflect bookmakers' assessments, incorporating factors like team form, injuries, and public sentiment. Favorites have lower odds (less payout but higher chance of winning), while underdogs offer higher rewards with greater risk. Bettors analyze odds to find value—instances where the implied probability is lower than their own assessment. Understanding odds is crucial for making informed wagers and maximizing long-term profitability in sports betting. Always gamble responsibly. https://bettingworld.online

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