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No matter how skilled we are, we cannot remove the ‘luck’ element from betting. We explained how the betting variance impacts our betting results.
Betting odds give you information on the possible outcome of a particular event. Bookmakers provide you with sports betting odds after analysing wagers and sporting trends. Betting odds also allow you to work out your potential returns. Odds are presented in different formats, either fractional (the traditional method for the UK), decimal or .
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