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Football betting odds represent the probability of various outcomes in a match, helping bettors determine potential returns on their wagers. These odds can fluctuate based on factors like team performance, injuries, and public sentiment. Typically displayed in fractional, decimal, or moneyline formats, they guide bettors in making informed decisions. Understanding how to read and interpret these odds is crucial for successful betting, as they not only indicate the likelihood of an event occurring but also reflect the bookmaker's perspective on the game.