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ODDS DEFINITION
Wagering Terms
/
Odds
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Odds Format
Parlay
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What are Odds?
Odds are the
price
a
bettor
gets for placing a
bet
within a specific market. In
moneyline
markets
it helps determine who is
favorite
and
underdog
for the game and provides an indication for the percentage chances of winning.
RELATED TERMS
Bet
Bettor
Favorite
Markets
Moneyline
Price
Underdog