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- UK format (fractional odds) are applied by British bookmakers.
- European format (decimal odds) are used in continental Europe, Canada, and Australia.
- They are the ratio of the complete payout to the stake, in a decimal format.
- Odds for different outcomes in single bet are presented either in European format (decimal odds), UK format (fractional odds), or American format (moneyline odds).
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What are 1 to 3 odds?
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