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Hong Kong Racing | Online Horse BettingFrom a mathematical (not financial) standpoint, what odds means is the following: The first number is wins, the second number is losses.Odds of 2-1 mean that person offering the odds is moderately confident that the event in question will happen.
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If you bet a dollar, you would win a dollar, if you gambled at the track for example, and bet money on this race. 1-3 means.So if you bet two dollars and won, you would get eighteen dollars of winnings and you would also get your two dollars back.
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Betting odds reflect the probability of a particular event happening and understanding these probabilities is crucial to successful sports betting.The complete guide to the types of roulette bets, the odds and the payouts.If you bet two dollars you would be paid twelve dollars, or 6 x 2.Being considered an important part of our betting section, soccer betting strategies page has survived.
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