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In football betting, decimal odds are most commonly used, especially in European countries, Asia and Canada. These odds indicate how much money you will receive for each unit you bet, including your stake. For example, odds of 2.50 mean that if you bet 100 units, you will receive 250 units back (including your original stake). As for fractional odds, these are mainly used in the UK, where odds like 5/1 mean that you will receive 5 winning units for every 1 unit you bet, plus your original stake.

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Looking for value bets is a technique that experienced bettors use regularly. This means not only looking at the odds, but also assessing whether those odds actually make sense given the probability of the team or event winning. Sometimes bookmakers may offer odds that look attractive, but if you look closely, you will find that they do not make sense given the likelihood of the event winning. Looking for “value bets” can help you avoid losing bets and increase your profits.