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Created page with "Betting odds can be displayed in a variety of formats, some of which are more common in different areas of the world. Some of the most common odds formats: * American odds..."
Betting odds can be displayed in a variety of formats, some of which are more common in different areas of the world.
Some of the most common odds formats:
* [[American odds]] - Primarily used in the United States. Utilizes positive and negative numbers to indicate potential profit relative to a 100 unit risk.
* [[Decimal odds]] - Frequently used in Europe, Canada, and Australia. Uses a decimal value to indicate potential return relative to initial risk.
* [[Fractional odds]] - Often used to describe betting markets with [[long odds]. Odds represented by a fraction which indicate potential profit relative to initial risk.
Some of the most common odds formats:
* [[American odds]] - Primarily used in the United States. Utilizes positive and negative numbers to indicate potential profit relative to a 100 unit risk.
* [[Decimal odds]] - Frequently used in Europe, Canada, and Australia. Uses a decimal value to indicate potential return relative to initial risk.
* [[Fractional odds]] - Often used to describe betting markets with [[long odds]. Odds represented by a fraction which indicate potential profit relative to initial risk.