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Odds are simply a reflection of the chance or probability of a certain outcome in an event. In any event, every outcome has a chance or likelihood of taking place. Odds are simply an interpretation of those chances. The bookmakers form odds or prices to reflect those chances. Betting odds tell you how likely an event is to happen They also tell you how much money you will win  The first thing you need to understand is what basic betting odds mean.Let’s take odds of 2/1. This means that you need to bet one unit to win two back. Odds of […]