. Basically, odds represent the favorable outcome in a game. Not only will this save them from losing a bunch of money, but it guarantees that anyone who wins can be paid. Spread Betting Guide from Lines. Fractional odds are most common in the United Kingdom and is the betting type that can be a little difficult to understand. . That's really all there is to it! Let's use the same betting amount and odds that we used in the above example. For example, let's say you bet $100.
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