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Odds: even if you've never bet online, you've probably heard of this English word. And if you start betting, you'll hear every day.
The odds are the basis of any bet, and it's essential that you understand what it means, but you don't have to worry too much about it, the conceUS is simple.
In short, odds are the multiplier that a house is willing to pay for the amount of your bet.
That is, if a site offers odds of 2.70 for a result, and if you bet $10, you'll receive $10 x 2.70 = $27 if you win the bet. On the other hand, if you lose, the site keeps your $10 and doesn't get anything.
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