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Remember that lower odds return a higher profit.\n\n Betting on the underdog is riskier than betting on a favorite, but a higher risk means a higher potential reward. The "longer the odds," or the less likely, the more money you could win.

Odds show how much money you will win, if you bet on an event to happen. The higher the odds are, the more you will win, relative to your stake. Who will win Eurovision Song Contest? The lower the odds for a participant are, the less money you will win.