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Betting odds are calculated by the probability of something happening. For example, if the odds are 4-1 this suggests there 👄 is a 1 in 5 chance of winning (4+1), or calculated as 1 / (4+1) = 0.2 which means there 👄 is a 20% chance of the outcome happening. The winnings you would receive from a bet is calculated by multiplying 👄 your stake by the odds. So a stake of £1 would pay £4 profit, |
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