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Moneyline Odds: Predominantly used in the United States, moneyline odds indicate the amount one must stake to win 0 on a positive number or show how much one would win on a 0 bet for negative numbers. Positive numbers represent the potential profit on a 0 stake, while negative numbers indicate the amount needed to win 0. Channel 7 Horse Racing Today, Australia's competitive betting market offers varying odds across different bookmakers. Savvy bettors engage in "line shopping," comparing odds from multiple sources to secure the most favorable prices. This strategy can significantly impact long-term profitability.
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