Betting odds are an essential part of online betting, as they determine how much you stand to win if your bet is successful. Understanding betting odds can be confusing for beginners, but once you grasp the basics, it becomes much easier to make informed betting decisions.

There are three main types of betting odds used in online betting: decimal odds, fractional odds, and American odds. Decimal odds are the most common type of odds used in online betting and are represented as a decimal number, such as 2.00. To calculate your potential winnings with decimal odds, simply multiply your stake by the odds.

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