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Odds are also an important factor when participating in betting. Bookmakers will provide odds for each sporting event or casino game, and understanding how odds are calculated will help players make more accurate decisions. The higher the odds, the lower the chance of winning, but if they win, the player will receive a large reward. Conversely, low odds indicate a higher chance of winning but a smaller amount of money won. Players need to assess the situation and choose the odds that match their risk tolerance.

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European odds (1X2) are a simple and popular type of bet in football betting. Players bet on whether the match will win, draw or lose. European odds are usually lower than Asian odds but are easier to understand and are a popular choice for beginners.

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The odds for Over/Under in Euro 2024 range from 1.8:1 to 2:1， and vary depending on the performance of the teams. Matches between strong teams or teams with strong attacks will have high odds for "Over".