How do odds work?

The most common and simplest form of football betting is that of match odds You basically get three picks to choose from, which are home win,

For instance, a 31 odds mean you can win three units for every one-unit bet Decimal odds, popular in Europe and Australia, are represented as

match simulator Betting odds are the ratio between the amount staked by the bookies and the bettor, so 71 means the bookies stake seven times the amount the bettor has wagered

match 6 pa lottery What do odds mean in terms of betting probability? Let's say Arsenal are 72 to beat Manchester City, who are 45 to win the same game The draw