In betting, odds represent the ratio between the amounts staked by parties to a wager or bet. Thus, odds of 3 to 1 mean the first party (the bookmaker) stakes three times the amount staked by the second party (the bettor).
I told you about the coefficients in brief, in fact, this topic is much more complicated and deeper and has a large number of pitfalls, so I can advise you to pay attention to this article https://www.lines.com/guides/how-to-understand-betting-odds/1260
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Hello everyone, betting odds are the probability of a given event occurring, expressed in numbers. It is also a number showing how much the client will win if he makes a bet on the bookmaker's offer. Who wants to know about it in more detail, I can recommend visiting https://thetrader.bet, where there is all the information about sports stakes.
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