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Meaning of odds in horse racing betting

Promoting responsible betting begins with education. This section discusses the importance of incorporating responsible gambling education into school curricula, fostering awareness from an early age and shaping a culture of mindful betting. BetDeluxe Opening Hours, When placing a bet, odds are used to calculate the total payout amount that will be returned if it wins; this includes profit as well as their original stake or wager; this percentage also known as implied probability percentage will depend upon both odds format and bookmaker used.

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Racing Betting & Odds 2023

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