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Depending on the negative or positive sign, American money line odds either indicate the amount one needs to wager to win $100 or the amount one would win for every $100 staked. The total (potential) return on a stake can be stated as: T p = ( S ( N / D ) ) + SWhere: Milwaukee Bucks: 7/1 Meanwhile, you'd win $9 against each $2 you put at stake for Golden State to win, which is a bit less probable. How European/Decimal Odds Work Here we can see that the bookmaker correctly priced Biden as the favorite to win the election. The difference between the odds for the favorite and the underdog widens as the probability of winning for the favorite increases.

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