- Betting odds are used to assess the likelihood of an event happening.
- Less likely events tend to have higher odds and offer larger reward, while more likely events have a lower risk attached and therefore a lower reward.
- Your winnings depend on how much you wager on a given set of odds.
- Betting odds are seen in a range of formats – they are most commonly seen as fractions but are also sometimes presented as decimals.…
Added by Mike Hammelton on January 23, 2020 at 5:22am —