The main types of betting odds

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There are three main formats for presenting odds:

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1. - American odds (moneyline)
2. - Decimal odds
3. - Fractional ratios

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American odds

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The American format is popular in the USA. Here the "+" sign indicates an outsider and the "-" sign indicates a favorite.

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Example:

• If the team's odds are -150, that means you have to bet $150 to win $100.
• If the odds are +200, if you bet $100 your winnings will be $200.

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Decimal odds

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Decimal odds are common in Europe and Canada. They show the total payout for each dollar bet.

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Example:

• - Odds 2.5 means that on a $10 bet, your winnings will be $25 (including $10 bets).

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Fractional odds

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Fractional odds are most popular in the UK and are often used in horse racing.

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Example:

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• - A ratio of 5/1 means that for every unit bet, you will get five units of profit.

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What is the usefulness of different odds formats?

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Choosing a format is more a matter of personal preference. All of them give the same information, but present it in different ways.

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• 1. American format is convenient for betting on favorites and outsiders.
• 2. Decimal format is the most intuitive for beginners.
• 3. Fractional format is popular in traditional sporting events such as horse racing.

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Other important aspects of betting?

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What is a "flop" in betting?

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A "flush" is a return of a bet in the event of a draw. For example, if you bet on a total of 6 goals in a hockey match and the final score is exactly 6, your bet is returned.

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How to understand (+) and (-)?

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• - The sign "+" indicates an outsider (winning with lower odds).
• - The sign "-" shows the favorite (winning with higher probability).

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Tips for beginners

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1. 1. Study different types of bets: orders, expresses, totals and forfeits.
2. 2. Use demo accounts for training.
3. 3. Read analytics and forecasts.

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How to master betting and start winning?

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Once you understand the odds, you can bet with confidence. Choose a format that you understand, analyze events and play responsibly.

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Remember: successful betting is as much about knowledge as it is about luck!