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Fractional odds: Fractional odds are expressed as fractions. The first number represents the potential profit, while the second number indicates the amount you need to bet. For example, if the odds are 3/1, a 0 bet would result in a profit of 0. To calculate the potential profit, multiply the first number by the bet amount and divide by the second number.br/> Pa Online Casino, Bookmakers use various factors to calculate betting odds, including the probability of an outcome occurring and their desired profit margin. Understanding how odds are calculated can help you assess the value of a bet and make more informed decisions.
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