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The most common types of betting odds are fractional odds and decimal odds. Fractional odds are represented as fractions, such as 3/1 or 5/2, and indicate the potential profit relative to the stake. Decimal odds, on the other hand, are represented as decimals, such as 2.50 or 3.00, and indicate the total payout including the stake. Online Casino Indiana, The Role of Odds in Sports Betting
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