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What Do Bftting Odds Mean. Payout : If you place a bet at 3 to 1 odds, you will win 3 units for every 1 unit action23 betting betaction23 betting addition to getting your original bet back. FAQs: Why are odds important in betting. Odds provide a representation of the likelihood of a specific outcome.

They dictate potential payouts and help action23 betting assess risks versus rewards. Fractional odds e. Decimal odds e. Why do different bookmakers have different odds.

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